Silver Coins of Europe
Silver mining began early when the Americas were at its simple beginnings, also known at this time as the "New World." Europeans quickly began to exploit the silver mines, particularly those in South America, to answer a demand for silver in Europe inspired by the fine craftsmanship of the Renaissance. The discovery of silver in Joachimsthal also gave rise to the silver joachimsthaler coin. Production of silver in the Americas influenced trade and politics in Europe and transformed European relations with other regions of the world, particularly China and the Ottoman empire. The influx of silver into Europe led to the sometimes uncontrolled minting of coins. All countries of Europe eventually began to issue large size silver coins. Europeans then used these silver coins to purchase goods abroad which eventually led to inflation. The great amounts of silver available caused the relative value of silver to drop.
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Famous quotes containing the words silver, coins and/or europe:
“So long as you write what you wish to write, that is all that matters; and whether it matters for ages or only for hours, nobody can say. But to sacrifice a hair of the head of your vision, a shade of its colour, in deference to some Headmaster with a silver pot in his hand or to some professor with a measuring-rod up his sleeve, is the most abject treachery, and the sacrifice or wealth and chastity, which used to be said to be the greatest of human disasters, a mere flea-bite in comparison.”
—Virginia Woolf (1882–1941)
“No Time, spoke the clocks, no God, rang the bells,
I drew the white sheet over the islands
And the coins on my eyelids sang like shells.”
—Dylan Thomas (1914–1953)
“I believe that the fundamental proposition is that we must recognize that the hostilities in Europe, in Africa, and in Asia are all parts of a single world conflict. We must, consequently, recognize that our interests are menaced both in Europe and in the Far East.”
—Franklin D. Roosevelt (1882–1945)