the intrinsic value of coins

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• Intrinsic value (numismatics) — In commodity money, intrinsic value can be partially or entirely due to the desirable features of the object as a medium of exchange and a store of value. Examples of such features include divisibility; easily and securely storable and… …   Wikipedia

• Coins of the pound sterling — The Royal Shield reverse designs, introduced in 2008 (£2 coin is not shown) …   Wikipedia

• value — The utility of an object in satisfying, directly or indirectly, the needs or desires of human beings, called by economists value in use, or its worth consisting in the power of purchasing other objects, called value in exchange. Joint Highway… …   Black's law dictionary

• Coins of the Rupiah — Indonesian rupiah coinage was first issued in 1951 and 1952, a year or so later than the first Indonesian rupiah banknotes printed following the peace treaty with The Netherlands, agreed in November 1949. Although revolutionary currency had been… …   Wikipedia

• Financial history of the Dutch Republic — describes the history of the interrelated development of financial institutions in the Dutch Republic. The rapid economic development of the country after the Dutch Revolt in the years 1585 1620, described in Economic History of the Netherlands… …   Wikipedia

• History of the United States dollar — The history of the United States dollar covers more than 200 years.Early historyThe history of the dollar in North America pre dates US independence. Even before the Declaration of Independence, the Continental Congress had authorized the… …   Wikipedia

• Coins of the Indonesian rupiah — Indonesian rupiah coinage was first issued in 1951 and 1952, a year or so later than the first Indonesian rupiah banknotes printed following the peace treaty with The Netherlands, agreed in November 1949. Although revolutionary currency had been… …   Wikipedia

• Labor theory of value — The labor theories of value (LTV) are theories in economics according to which the values of commodities are related to the labor needed to produce them.There are many different accounts of labor value, with the common element that the value of… …   Wikipedia

• Commodity value — In the field of economics, the commodity value of a good is its free market intrinsic value under optimal use conditions. In a free market, the commodity value of a good will be reflected by its price. For example, if an acre of land can yield a… …   Wikipedia

• Gresham's law — is an economic principle that states: When a government compulsorily overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will… …   Wikipedia

• Halfpenny (British pre-decimal coin) — The British halfpenny coin was worth 1/480th of a pound sterling. At first in its 700 year history it was made from silver but as the value of the pound declined, the coin was made from base metals. It was finally abandoned in 1969 as part of the …   Wikipedia