Monday, November 24, 2008

The Illicit Numismatic Trade in Argentina

It's not antiquities! A report by Anne Szustek in Finding Dulcinea quotes heavily from Uki Goni's story in last week's Time: “Spare Change? There's None in Buenos Aires”.

Goni claims there is no simple explanation for the coin shortage but Szustek points out that there is more copper value in the coins than face value.

A black market has developed to sell coins at a profit to small business owners. Stores that can't afford to buy coins are giving their customers candy instead of change.

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