Sunday, 30 April 2017

Seven Years' War: Frederick II Used Fake Coins to Sabotage Foes - Gainesville Coins News

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" Frederick the Great saw an opportunity here to damage Russia’s economic infrastructure and boost his own. Hiring counterfeiters, Frederick struck imitation coins. The pieces, referred to as Ephraimiten, were struck of inferior silver content but maintained the same face value. This meant that when Russian merchants or consumers unwittingly accepted the counterfeit coins, the Prussian state was essentially profiting through theft."

Seven Years' War: Frederick II Used Fake Coins to Sabotage Foes - Gainesville Coins News

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