Gold, or other standard money, in particular, may obey different laws from other forms of money.
The silver shekel was the standard money of the Phœnicians, and was worth about 2s.
Most of the fallacies regarding money have arisen not about standard money, but about paper and light-weight silver.
But silver, which was not standard money, seems to have been accepted without question.
standard money is particularly desirable in bank and government reserves.
Bonds have value because they yield interest and are payable at a definite time in standard money.
Why are gold and silver, and particularly gold, the standard money of the great part of the world to-day?
The value of the standard money of the kingdom had been undergoing great depreciation from two opposite quarters at once.
How different metals became the standard money of different nations, 16.
A high premium on small coins, apart from redemption in standard money, may easily arise from the money-use alone.