Dating back to ancient civilizations, coins have been made from precious metals. Struck by hand, ancient and many medieval coins were not uniform in shape and lent themselves to" shaving" or "chiseling" by unscrupulous citizens. By taking a small amount from the edge of each coin before spending it, a person could amass enough silver or gold to sell for a profit in no time. While the history behind the word "chiseler" is somewhat obscure, it is believed that the word received its meaning from the act of chiseling metal away from coins. Reeding was introduced to a coin's edge to discourage chiseling.
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