[Formendacil]

Another thing to note, too, is that Gold was probably not the only metal used in the making of coins. We know, from the silver pennies that Merry received from Butterbur, that silver was also in general use. And, since I believe that Merry received ONLY 18 silver pennies in compensation for 5 ponies, there must have been another, lesser, denomination for smaller, more everyday purchases. Looking at history, it seems safe to assume that these would have been copper, or possibly bronze (I've never heard of bronze coins, but I assume that they COULD exist...).