Sentences with phrase «precious metal content»

If someone offers to sell you bullion for less than the spot value of the precious metal content, it's either fake or stolen.

Historically, one popular method was to lower the precious metals content in minted coinage.

Not exact matches

Regardless of whether it is implemented via an emperor surreptitiously reducing the precious - metal content of the coinage or by the banking system (the central bank and the commercial banks) creating new currency deposits out of nothing, monetary inflation is a method of forcibly transferring wealth from the rest of the economy to the first users of the new or debased money.

Investigators are pursuing several lines of attack to shrink the platinum content: using it more efficiently, replacing some or all of it with palladium (which performs similarly and is somewhat less expensive), replacing either of those precious metals with inexpensive metals, such as nickel or copper, and foregoing metals altogether.

Separate metals recovery (including precious and semiprecious metals): The mobile parts are ground up and useful metal content extracted.