Numismatic definitions
Like most fields of expertise, numismatics has its own lingo. Find the numismatic definition of a term by entering it in the field below.
Debasement
The reduction in the precious metal content of the coinage, widely practiced since time immemorial by governments for economic reasons. British coins, for example, were debased from sterling (.925 fine) silver to .500 in 1920 and then from silver to cupro-nickel in 1947.
