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Author: William L. Silber
Publisher: Princeton University Press
ISBN: 0691208697
Category : Business & Economics
Languages : en
Pages : 360
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Book Description
"This is the story of silver's transformation from soft money during the nineteenth century to hard asset today, and how manipulations of the white metal by American president Franklin D. Roosevelt during the 1930s and by the richest man in the world, Texas oil baron Nelson Bunker Hunt, during the 1970s altered the course of American and world history. FDR pumped up the price of silver to help jump start the U.S. economy during the Great Depression, but this move weakened China, which was then on the silver standard, and facilitated Japan's rise to power before World War II. Bunker Hunt went on a silver-buying spree during the 1970s to protect himself against inflation and triggered a financial crisis that left him bankrupt. Silver has been the preferred shelter against government defaults, political instability, and inflation for most people in the world because it is cheaper than gold. The white metal has been the place to hide when conventional investments sour, but it has also seduced sophisticated investors throughout the ages like a siren. This book explains how powerful figures, up to and including Warren Buffett, have come under silver's thrall, and how its history guides economic and political decisions in the twenty-first century"--Publisher's description
Author: William L. Silber
Publisher: Princeton University Press
ISBN: 0691208697
Category : Business & Economics
Languages : en
Pages : 360
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Book Description
"This is the story of silver's transformation from soft money during the nineteenth century to hard asset today, and how manipulations of the white metal by American president Franklin D. Roosevelt during the 1930s and by the richest man in the world, Texas oil baron Nelson Bunker Hunt, during the 1970s altered the course of American and world history. FDR pumped up the price of silver to help jump start the U.S. economy during the Great Depression, but this move weakened China, which was then on the silver standard, and facilitated Japan's rise to power before World War II. Bunker Hunt went on a silver-buying spree during the 1970s to protect himself against inflation and triggered a financial crisis that left him bankrupt. Silver has been the preferred shelter against government defaults, political instability, and inflation for most people in the world because it is cheaper than gold. The white metal has been the place to hide when conventional investments sour, but it has also seduced sophisticated investors throughout the ages like a siren. This book explains how powerful figures, up to and including Warren Buffett, have come under silver's thrall, and how its history guides economic and political decisions in the twenty-first century"--Publisher's description
Author: Austin Dean
Publisher: Cornell University Press
ISBN: 1501752421
Category : History
Languages : en
Pages : 264
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Book Description
In the late nineteenth century, as much of the world adopted some variant of the gold standard, China remained the most populous country still using silver. Yet China had no unified national currency; there was not one monetary standard but many. Silver coins circulated alongside chunks of silver and every transaction became an "encounter of wits." China and the End of Global Silver, 1873–1937 focuses on how officials, policy makers, bankers, merchants, academics, and journalists in China and around the world answered a simple question: how should China change its monetary system? Far from a narrow, technical issue, Chinese monetary reform is a dramatic story full of political revolutions, economic depressions, chance, and contingency. As different governments in China attempted to create a unified monetary standard in the late nineteenth and early twentieth century, the United States, England, and Japan tried to shape the direction of Chinese monetary reform for their own benefit. Austin Dean argues convincingly that the Silver Era in world history ended owing to the interaction of imperial competition in East Asia and the state-building projects of different governments in China. When the Nationalist government of China went off the silver standard in 1935, it marked a key moment not just in Chinese history but in world history.
Author: Maurice Bull
Publisher: Spink & Son, Ltd
ISBN: 1912667347
Category : Antiques & Collectibles
Languages : en
Pages : 677
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Book Description
The 6th edition of this numismatic classic offers much more than previous editions, not only in terms of the number of varieties recorded but also in terms of the way in which the data has been recorded and presented. It has been completely renumbered to do away with the confusing letter suffixes used in previous editions, and is now arranged by monarch rather than denomination; all new numbers are cross-referenced to the previous edition.
Author: Kevin Butcher
Publisher: Cambridge University Press
ISBN: 1107027128
Category : Antiques & Collectibles
Languages : en
Pages : 841
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Book Description
A new account of the role of coinage in the finances and economy of the Roman Empire.
Author: William Hope Harvey
Publisher:
ISBN:
Category : Silver question
Languages : en
Pages : 200
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Book Description
Author: Lucia Travaini
Publisher: Routledge
ISBN: 1000519848
Category : History
Languages : en
Pages : 346
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Book Description
The Thirty Pieces of Silver: Coin Relics in Medieval and Modern Europe discusses many interconnected topics relating to the most perfidious monetary transaction in history: the betrayal of Jesus by Judas for thirty pieces of silver. According to medieval legend, these coins had existed since the time of Abraham’s father and had been used in many transactions recorded in the Bible. This book documents fifty specimens of coins which were venerated as holy relics in medieval and modern churches and monasteries of Europe, from Valencia to Uppsala. Most of these relics are ancient Greek silver coins in origin mounted in precious reliquaries or used for the distribution of their wax imprints believed to have healing powers. Drawing from a wide range of historical sources, from hagiography to numismatics, this book will appeal to students and academics researching Late Antique, Medieval, and Early Modern History, Theology, as well as all those interested in the function of relics throughout Christendom. The Thirty Pieces of Silver is a study that invites meditation on the highly symbolic and powerful role of money through coins which were the price, value, and measure of Christ and which, despite being the most abject objects, managed to become relics.
Author: John Mercanti
Publisher: Whitman Publishing
ISBN: 9780794840303
Category : Coins
Languages : en
Pages : 0
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Book Description
In this collector's guide, retired chief engraver of the Philadelphia Mint and designer of the reverse side of the American silver eagle bullion coin, John M. Mercanti, details the history and development of the American silver eagles program as well as other U.S. bullion coins and medals.
Author: A.M. Fishman
Publisher: Createspace Independent Pub
ISBN: 9781463656157
Category : Antiques & Collectibles
Languages : en
Pages : 392
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Book Description
This 392 page book is the most comprehensive study of the rich silver coinage of the Western Satraps ever written. The Western Satraps (also known as Indo-Sakas or Indo-Scythians) of Gujarat and the surrounding areas in Western India issued a plethora of beautiful rich coinage which until now has not been well understood outside of a small circle of specialists. This is the perfect guide for the new or experienced collector. The coins of the Western Satraps (also known as the "Western Kshatrapas") were issued for over three centuries (from the 1st century AD to the early 5th century AD) and covered thirty eight rulers from two distinct dynasties (Kshaharatas and Kardamakas). The book features: Hundreds of high quality photographs showing every type and most varieties Detailed historical notes on the Western Satraps and related histories Detailed explanation on how to read the Saka Era dates on these coins, with every year spelled out and explained Detailed explanations and help with the Brahmi and Kharoshti spelling, with every inscription written out and explained Numerous coin types and varieties never published before Line drawings for each type with full transliterations of the Brahmi inscriptions Notes on the rarity and importance of each type Price guide, with current Western market values given for most of the coins Short survey of the successor coinage - later silver coins based on the Kshatrapa design A survey of existing literature About the author Dr. Fishman is a professional numismatist and world-renowned expert on ancient Indian coins.
Author: Kevin Butcher
Publisher: Oxbow Books
ISBN: 1789254019
Category : Social Science
Languages : en
Pages : 234
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Book Description
The debasement of coinage, particularly of silver, was a common feature of pre-modern monetary systems. Most coinages were issued by state authorities and the condition of a coinage is often seen (rightly or wrongly) as an indicator of the broader fiscal health of the state that produced it. While in some cases the motives behind the debasements or reductions in standards are clear, in many cases the intentions of the issuing authorities are uncertain. Various explanations have been advanced: fiscal motives (such as a desire to profit or a to cover a deficit caused by the failure to balance expenditure and revenues); monetary motives (such as changing demand for coined money or a desire to maintain monetary stability in the face of changing values of raw materials or labour costs); pressure from groups within society that would profit from debasement; misconduct at the mint; or the decline of existing monetary standards due to circulation and wear of the coinage in circulation. Certain explanations have tended to gain favour with monetary historians of specific periods, partly reflecting the compartmentalization of scholarship. Thus the study of Roman debasements emphasizes fiscal deficits, whereas medievalists are often more prepared to consider monetary factors as contributing to debasements. To some extent these different approaches are a reflection of discrepancies in the amount of documentary evidence available for the respective periods, but the divide also underlines fundamentally different approaches to the function of coinage: Romanists have preferred to see coins as a medium for state payments; whereas medievalists have often emphasized exchange as an important function of currency. The volume is inter-disciplinary in scope. Apart from bringing together monetary historians of different periods, it also contains contributions from archaeometallurgists who have experience with the chemical and physical composition of coins and technical aspects of production of base alloys
Author: David Schaps
Publisher: University of Michigan Press
ISBN: 0472036408
Category : Antiques & Collectibles
Languages : en
Pages : 313
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Book Description
Coinage appeared at a moment when it fulfilled an essential need in Greek society and brought with it rationalization and social leveling in some respects, while simultaneously producing new illusions, paradoxes, and new elites. In a book that will encourage scholarly discussion for some time, David M. Schaps addresses a range of important coinage topics, among them money, exchange, and economic organization in the Near East and in Greece before the introduction of coinage; the invention of coinage and the reasons for its adoption; and the developing use of money to make more money.
