Talk:Gold standard

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Dates of adoption of a gold standard

  • 1717: Kingdom of Great Britain 'de facto' following Isaac Newton's revision of the mint ratio, at 21 shillings to a guinea of 129.438 grains (8.38 g), 22 karat crown gold.{{Cite book|first=Charles P. |last=Kindleberger |authorlink=Charles P. Kindleberger |title=A financial history of western Europe |publisher=Oxford University Press |location=Oxford |year=1993 |pages=[http://books.google.com/books?id=PFgIE7_eYwwC&printsec=frontcover&source=gbs_summary_r&cad=0#PPA60,M1 60–63] |isbn=0-19-507738-5 |oclc=26258644}}Newton, Isaac, [http://www.pierre-marteau.com/editions/1701-25-mint-reports/report-1717-09-25.html Treasury Papers, vol. ccviii. 43, Mint Office, 21 Sept. 1717]."The Gold Standard in Theory and History", BJ Eichengreen & M Flandreau [http://books.google.com.ph/books?id=R66Ctakwm8QC&pg=PA4&lpg=PA4&dq=Britain+bimetallic+1717&source=bl&ots=Mrkd1GsoDq&sig=_6D04NS35BBcGGxDu-ulhhdsbNk&hl=en&ei=exgfS-CyJtGGkAW2g7HkCg&sa=X&oi=book_result&ct=result&resnum=4&ved=0CBIQ6AEwAw#v=onepage&q=Britain%20bimetallic%201717&f=false]
  • 1760: The Bremen thaler gold worth {{frac|5}}th a gold pistole of 6.0 g fine gold; the only state within the German Confederacy to introduce the gold standard before the introduction of the 1873 mark.
  • 1821: United Kingdom de jure at 20 shillings (£1) to a sovereign of 123.27447 grains (7.98805 g), 22 karat gold.
  • 1854: Portugal at 1000 réis to 1.62585 g gold.
  • 1858: Canadian dollar, at par with the U.S. gold dollar (1.50463 g gold), and with the British gold sovereign worth $4.86{{frac|2|3}}.
  • 1865: Newfoundland, the only country in the British Empire to introduce its own gold coin apart from the British gold sovereign.
  • 1873: German Empire at 2,790 Marks (ℳ) to 1 kg gold.
  • 1873: United States dollar de facto from bimetallic to gold only, at 1.50463 g gold or 20.67 dollars to 1 troy oz (31.1 g) gold. See Coinage Act of 1873.{{Cite book|title=The Pocket money book: a monetary chronology of the United States |accessdate=2008-11-13 |year=2006 |publisher=American Institute for Economic Research |location=Great Barrington, Massachusetts |isbn=0-913610-46-1 |oclc=75968548 |pages=4–6 |author=}}
  • 1873: Latin Monetary Union (Belgium, Italy, Switzerland, France), from bimetallic to gold only, at 31 francs to 9.0 g gold
  • 1875: Scandinavian monetary union (Denmark, Norway and Sweden) at 2,480 kroner to 1 kg gold.
  • 1875: Dutch guilder at 0.6048 g gold.
  • 1876: Spain at 31 pesetas to 9.0 g gold.{{Citation needed|date=November 2008}}
  • 1878: Grand Duchy of Finland at 31 marks to 9.0 g gold.{{Citation needed|date=November 2008}}
  • 1881: Argentina at 1 peso to 1.4516 g gold.{{Citation needed|date=November 2008}}
  • 1885: Egypt.{{Cite web|author=Encyclopedia: |url=http://eh.net/encyclopedia/article/officer.gold.standard |title=Gold Standard | Economic History Services |publisher=Eh.net |date= |accessdate=2010-07-24}}
  • 1892: Austrian Empire at 3,280 Austro-Hungarian kronen to 1 kg gold.
  • 1897: Russia at 31 rubles to 24.0 g gold.
  • 1897: Japan at 1 yen devalued to 0.75 g gold.
  • 1898: India at £1 to 15 Indian rupees.
  • 1900: United States, de jure (see Gold Standard Act).
  • 1903: The Philippines at US$1 = 2 pesos.
  • 1905: Mexico at 1 peso to 0.75 g gold.
  • 1906: The Straits dollar at £1 to 8{{frac|4|7}} dollars.
  • 1908: Siam Gold Exchange/pound sterling.

{{reflist-talk}}

English POV

Based on French franc, I gather that since 1800, France has been on the gold standard, using a bimetallic standard where silver was used for small change. Even timeline in the discussion fails to note that. Similarly, the Spanish real page indicates that Spain has been using a fixed gold equivalent for its currency since 1566, when the value of silver was also fixed. Can anyone improve the article, so that a reader could understand how did Newton's bimetallism innovated beyond the Spanish bimetallism, and why was the British pound more of a gold standard than the gold napoleons? As is, it seems the article was written with a British POV.

Reignition of Gold Standard

Hello! I don't see any mention in this article about current advocate of the gold standard Keith Weiner and his company Monetary Metals which pays a yield on gold, paid in gold, in an attempt to give individuals and institutions a way to start their own personal gold standard. Should this be noted on this page as the most recent attempt by a private company to restart a gold based ecosystem? The first Gold Bond in 87 years would be noteworthy for this page I would think? Gold good (talk) 22:10, 25 January 2023 (UTC)

Semi-protected edit request on 12 July 2023

{{edit semi-protected|Gold standard|answered=yes}}

Minor edit (grammar), under section Great Depression, change "... Central European banking crisis led Germany and Austria suspend gold convertibility and impose exchange controls."

to

"... Central European banking crisis led Germany and Austria to suspend gold convertibility and impose exchange controls." Anodeunheard (talk) 18:09, 12 July 2023 (UTC)

:{{done}} - FlightTime (open channel) 18:27, 12 July 2023 (UTC)

Wiki Education assignment: ENG 21011 Research Writing

{{dashboard.wikiedu.org assignment | course = Wikipedia:Wiki_Ed/Kent_State_University/ENG_21011_Research_Writing_(Fall_2024) | assignments = Msadid, Jgerson2 | reviewers = Natalie.Swisher, Ema0303, ARisher, AnnaLoychik12 | start_date = 2024-08-21 | end_date = 2024-12-08 }}

— Assignment last updated by Wordnerd104 (talk) 17:57, 10 October 2024 (UTC)