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The History of Currency, 1252 to 1896

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About This Book

The work surveys the evolution of gold and silver money and monetary standards across Europe and America, beginning with the medieval revival of gold coinage and progressing through later legislative and market developments. It explains minting practices, seigniorage, legal-tender rules, bullion movements, and the practical effects of differing metal ratios, using chronological narrative and country-specific appendices. The author evaluates how arbitrage and policy shaped circulation, critiques theoretical bimetallism by reference to historical experience, and links monetary arrangements to commercial performance and national welfare.

About the Author

Shaw, William Arthur portrait

William Arthur Shaw

William Arthur Shaw was a notable author and historian, primarily recognized for his work in the field of economic history. His significant contribution, "The History of Currency, 1252 to 1896," explores the evolution of currency systems over several centuries, providing valuable insights into the economic practices of different eras. Shaw's scholarly approach sheds light on the complexities of monetary systems and their impact on society. Through his research, he has contributed to a deeper understanding of the historical context surrounding currency and its role in shaping economies.

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