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FLORI_DUH t1_iw3p6p0 wrote

I'm late to the party, but I do have a partial answer for you. Here is a coin from my personal collection that was minted in 1719 in South America, and was still in circulation in the Central American Republic ~150 years later (as evidenced by the countermark in the upper left). Hell, you can still find Indian Head pennies in circulation here, and they stopped in 1909. A couple hundred years of use isn't at all out of the question

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piponwa t1_iw3xvp3 wrote

It doesn't even require hundreds of years of use. By the time Cabot made it to Newfoundland, the coin was only 70 years old. To them it would have been a perfectly usable coin still when they brought it.

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