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The Evolution of the Gold Standard in England

Datos Bibliográficos

ID10101751
AutoresAngela Redish (University of British Columbia, autor de correspondencia)
Año1990
Volumen50
Número4
Páginas789-805
Fecha de publicación1990-12-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaThe Journal of Economic History (JOURNAL)
Identificadores de la revistaISSN: 0022-0507 • E-ISSN: 1471-6372
EditorialCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022050700037827
OpenAlexW2132865313
IdiomaEN
Citas recibidas24
Referencias citadas5

In 1816 England officially abandoned bimetallism and made silver coins into tokens that were only limited legal tender. Earlier monetary authorities had lacked the ability to manage a subsidiary coinage, a necessary complement to the monometallic gold standard. A successful token coinage must be both costly to counterfeit and credibly backed to ensure that the tokens do not depreciate to their intrinsic value. These problems were solved in the nineteenth century through the introduction of steam-driven stamping presses and with the assistance of the Bank of England

Business · Commerce · Computer security · Counterfeit · Currency · Economics · Legal tender · Monetary economics · New england · Political science · Security token · Value (mathematics · Computer Science · Historical Economic and Social Studies · Law

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Obras citantes distintas24
Citas por año0,75
Intervalo de citas1994 - 2025 (32)
Velocidad de citaciónrecent
Altamente citadoNo
Tipos de citaNeutras: 23
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