Even in the Roman Empire used gold coin (aureus), silver (denarius) and copper (sesterius) as payme

Home Current precious metal prices Historic precious metal prices Items Gold's history history of gold and silver trading of bullion Selling seashell country silver and gold Silver bullion as investment world gold production Gold - So is produced it - Part 1 stamps on jewelry Gold - So is produced it - Part 2 How do I store my gold? Copper as collectible Silver Shortage in the future? Silver - History and Future Commodity-based currencies Recommended silver sellers Representative currency Lockers Books Media Movies Fractional Reserve Banking Links Contact
Select Language Afrikaans Albanian Arabic Armenian Azerbaijani Basque Belarusian Bulgarian Catalan Chinese (Simplified) Chinese (Traditional) Croatian Czech Danish Dutch English Estonian Filipino Finnish French Galician Georgian German Greek Haitian Creole Hebrew Hindi Hungarian Icelandic seashell country Indonesian Irish Italian Japanese seashell country Korean Latvian Lithuanian Macedonian Malay Maltese Norwegian Persian Polish Portuguese Romanian Russian Serbian Slovak Slovenian Spanish Swahili Swedish Thai Turkish seashell country Ukrainian Urdu Vietnamese Welsh Yiddish
Archives May 2011 (6) April 2011 (9) March 2011 (6) February seashell country 2011 (4) January 2011 (1) December 2010 (9) November 2010 (9) October 2010 (13) September 2010 (15) August 2010 (14 ) July 2010 (9) June 2010 (9) May 2010 (8) April 2010 (5) March 2010 (9) February 2010 (7) January 2010 (9) December 2009 (6) November 2009 (1)
Below I thought going through some monetary history, something I possible seashell country will continue seashell country going forward. To understand why gold and silver are real currency should know some history.
Ever since time immemorial, man has devoted himself to trade. Before the common currency seashell country came to be involved with the exchange of goods or services, ie so-called fringe payment. This system became obvious reasons awkward when civilization developed, and eventually needed some form of common value.
Many cultures around the world developed to end trade in value-based currency. In Mesopotamia around 3000 f.Kr began using shekel for payment, which was a piece of gold or silver, a predecessor of the coin. Its weight is about 11 grams and the value may have been matched by its weight with the cereal grains. Cultures in North and South America, Asia, Africa and Australia used the shell, processed or natural, as adornment and as payment.
According to Herodotus (also called historiography father) was Lydians in western Turkey, the first to use gold and silver coins as currency. Probably marked the world's first coins of precious metal here around 650-600 BCE
Even in the Roman Empire used gold coin (aureus), silver (denarius) and copper (sesterius) as payment. The Roman Empire was the world's largest production of these metals for its time, and had a financial trading system that was based on gold, silver seashell country and copper. Roman mining was second to none in annual production until the Enlightenment period.
Currency arising in commodities based their value because they are naturally rare as gold, silver or example coveted seashells. The raw material is the currency seashell country and the currency is the raw material. In different periods throughout history or in specific areas also have other raw materials or products used directly as currency: rice, salt, peppercorns, alcohol, cigarettes, cannabis, candy, etc.. However, these have been used for more haggling than for pure trading, but has also been part of the metric system of perceived value. The use of commodity-based currencies seashell country reminiscent of traditional haggling, but can more easily seashell country be broken down into units to compare the value of different asset classes against each other.
What have all these commodities or assets jointly with bullion versus paper money? They can be used for anything, available in limited quantities and requires work to produce. The figures in your bank account can be increased in endless amounts seashell country by pressing a button on a computer, and notes in your wallet may not be used for anything in particular. Possibly to burn during cold winters. seashell country
Gold and Silver is a site for precious metal fans, with current market prices, information on how to buy precious metals as well as coins and bullion. Please comment below the posts, or recommend further posts on Facebook or Twitter. seashell country Do you have other questions you can contact me here.
Ädelmetallforum.se Buy monster box silver in the best way June 29, 2011 Tips on sites silver coins and silver bullion June 26, 2011 Perth Mint - Coin Sales explodes. June 26, 2011 Casey Research - Investment Guide Silver. June 25, 2011 Beginner looking for help from you experts. June 24, 2011 Greeks are fleeing to gold June 22, 2011 Best way to store bullion? June 21, 2011, imports of gold and silver increased by 222% (April-May) in India. June 20, 2011 The first precious metal purchase in investment