currency of overvalued silver coins

  • 1Silver standard — The silver standard is a monetary system in which the standard economic unit of account is a fixed weight of silver. The silver standard was widespread until the 19th century, when it was replaced in most countries by the gold standard.Ancient… …

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  • 2Currency of Spanish America — This article provides an outline of the currency of Spanish America (las Indias, the Indies) from Spanish colonization in the 15th century until Spanish American independencies in the 19th. This great realm was divided into the Viceroyalty of New …

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  • 3Currency —    The former Italian unit of currency was the lira (lire in the plural form). Its origins lie in the monetary reforms of Charlemagne, undertaken between 793 and 794. Twenty soldior 240 denari constituted a lira. By the 13th century, there were… …

    Historical Dictionary of modern Italy

  • 4money — moneyless, adj. /mun ee/, n., pl. moneys, monies, adj. n. 1. any circulating medium of exchange, including coins, paper money, and demand deposits. 2. See paper money. 3. gold, silver, or other metal in pieces of convenient form stamped by public …

    Universalium

  • 5Indonesian rupiah — Infobox Currency currency name in local = rupiah Indonesia id icon image 1 = Indonesian Rupiah.jpg image title 1 = Rupiah banknotes, only the Rp 1000 and Rp 5000 notes are current iso code = IDR using countries = IDN inflation rate = 10.38%… …

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  • 6Pound sterling — GBP redirects here. For other uses, see GBP (disambiguation). Pound sterling Peuns sterling (Cornish) Punt steirling (Irish) Punt Sostynagh …

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  • 7Gold standard — For other uses, see Gold standard (disambiguation). Under a gold standard, paper notes are convertible into pre set, fixed quantities of gold. The gold standard is a monetary system in which the standard economic unit of account is a fixed mass… …

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  • 8Gresham's law — is an economic principle that states: When a government compulsorily overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will… …

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  • 9Metal as money — Throughout history, various metals, some of which are considered precious today, appear to have been used as a form of currency. The Bretton Woods system, under which all major currencies were theoretically exchangeable for gold, was abolished in …

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  • 10Roman Republican coinage — Coinage came late to the Roman Republic compared with the rest of the Mediterranean, especially Greece and Asia Minor where coins were invented in the 7th century BC. The currency of central Italy was influenced by its natural resources, with… …

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