Currency money: Difference between revisions
Content deleted Content added
m Reverted edits by Ilikemen123456789 to last revision by Calliopejen1 (HG) |
No edit summary |
||
| Line 9: | Line 9: | ||
[[de:Kurantmünze]] |
[[de:Kurantmünze]] |
||
[[hu:Értékpénz]] |
[[hu:Értékpénz]] |
||
[[pl:Moneta obiegowa]] |
|||
Revision as of 20:56, 13 April 2011
 | You can help expand this article with text translated from the corresponding article in German. (January 2009) Click [show] for important translation instructions.
|
Currency money is money in full circulation that takes its value from the precious metal it contains, that is, its market value is (almost) the value of the metal it contains (apart from the Seigniorage or the minters' profit), though this is always overcompensated for in coins and banknotes from a country undergoing debasement. These are usually silver and gold, but in very rare cases plated metal and even copper. Currency money was commodity money, as opposed to coins, paper and paper money, which were fiat money.
 | This coin-related article is a stub. You can help Wikipedia by expanding it. |