Quote:
These are usually differentiated from currency and coinage in that they weren't of a standardized weight
Yes, I see what you mean, but they didn't have to be a standardized weight back then. (I am guessing) that the Celtic Bronze Ring had a (standard) value despite its diameter or weight, as did the Chinese Cauri Shell and other forms of early currency 'money'. (IMO that makes sense.)
As man progressed from two lettuces equals one cauliflower (note - their weight depended on the growing season) then 'currency' or money was something that was a 'known entity' and had a prescribed value and was 'stable' irrespective of size and weight.
Later on the 'technocrats' decided to complicate (I mean simplify) the process by defining the value by weight and composition (bronze Vs silver Vs gold) and then description (denarius etc.).
And now, weight doesn't determine (face) value. The Australian $2 coin is smaller (20.5 mm Vs 25 mm) and weighs less (6.4 gm Vs 9.1 gm) than the Australian $1 coin of lesser 'face' value.
All very interesting.
Edited by Topcat7
11/11/2014 03:20 am