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Updated: September 15, 2025
The three last are but little used. The gold bullion, or gold in bars and blocks uncoined, is for all practical purposes as good as the coin, and in foreign trade is much used, it being more convenient to handle. Besides the gold coin and bullion there are in circulation gold certificates.
This did not include the uncoined gold and silver in public and private offerings, the sacred vessels for the processions and games, the Median spoils, and similar resources to the amount of five hundred talents. To this he added the treasures of the other temples. These were by no means inconsiderable, and might fairly be used.
There was a large quantity of jewels, fourteen chests of ryals of plate, over a hundred pounds weight of gold, twenty tons of uncoined silver, and pieces of wrought gold and silver plate of great value. The discovery of all this treasure put our newly-found friends in high good-humor, such ventures not having come in their way since they had left the coast of Panama some months previous.
Let all this be accomplished, O king, and do not entertain any scruples. Hearing these words of the Rishi, the king summoned his servants and said, 'Ye should, without any fear, give away whatever the ascetic will order. Then jewels and gems in abundance, and beautiful women, and pairs of sheep, and coined and uncoined gold, and huge elephants resembling hills or mountain summits, and all the ministers of the king, began to follow the Rishi as he was borne away on that car.
The presence of Hannibal in Italy strained the resources of the State to the utmost in every way; it cut the Romans off from their supply of the precious metals, forced them to reduce the weight of the as to one ounce, and, curiously enough, also to issue gold coins for the first time, a measure probably taken on account of the dearth of silver, and to make use of the uncoined gold in the treasury or in private hands.
Early in the spring of the following summer the Athenian envoys arrived from Sicily, and the Egestaeans with them, bringing sixty talents of uncoined silver, as a month's pay for sixty ships, which they were to ask to have sent them.
There was a letter of my partner’s, congratulating me very affectionately upon my being alive, giving me an account how the estate was improved, and what it produced a year; with the particulars of the number of squares, or acres that it contained, how planted, how many slaves there were upon it: and making two-and-twenty crosses for blessings, told me he had said so many Ave Marias to thank the Blessed Virgin that I was alive; inviting me very passionately to come over and take possession of my own, and in the meantime to give him orders to whom he should deliver my effects if I did not come myself; concluding with a hearty tender of his friendship, and that of his family; and sent me as a present seven fine leopards’ skins, which he had, it seems, received from Africa, by some other ship that he had sent thither, and which, it seems, had made a better voyage than I. He sent me also five chests of excellent sweetmeats, and a hundred pieces of gold uncoined, not quite so large as moidores.
"Don't forget that this is called Zain and that you got it from me." The girl looked doubtfully at him as if she would have said: "Is it lawful for you to give away everything here as if it were your own." But the old man could not look on at this in silence. "Alas! alas! Domnule, give not away uncoined gold. Rather squander coined gold in heaps.
"This barter and this coinage might go on while a grain of the world's gold remained uncoined. At the finish, our business manager would have only one hundred yellow dollars in his fist; but there would be billions coined and stamped and in circulation. And the country would be neither in nor out a dollar. I am talking of coinage, not taxation, remember.
I said that Capellus, and the ten principal men of Tiberias, had them all; and I told him that they might ask them whether I told a lie or not. And when they said they had them, he asked me, What is become of those twenty pieces of gold which thou didst receive upon the sale of a certain weight of uncoined money?
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