Abstract
For nearly three thousand years coined weights of metal have been used as money and for just as long, gold, silver and copper have been the preferred metals for minting coins. Currencies consisting of coins whose value is expressed by the weight of the metal contained in them at market prices, however, have seldom been used.
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© 1991 Palgrave Macmillan, a division of Macmillan Publishers Limited
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De Cecco, M. (1991). Gold Standard. In: Eatwell, J., Milgate, M., Newman, P. (eds) The World of Economics. The New Palgrave. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-21315-3_40
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