Talk:Gold standard

Gold standard is a former featured article. Please see the links under Article milestones below for its original nomination page (for older articles, check the nomination archive) and why it was removed.

This article appeared on Wikipedia's Main Page as Today's featured article on January 21, 2005.

Article milestones
Date	Process	Result
December 24, 2004	Featured article candidate	Promoted
February 7, 2007	Featured article review	Demoted

A fact from this article was featured on Wikipedia's Main Page in the "On this day..." column on March 18, 2004.

Current status: Former featured article

Finance & Investment High‑importance

	This article is within the scope of WikiProject Finance & Investment, a collaborative effort to improve the coverage of articles related to Finance and Investment on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.Finance & InvestmentWikipedia:WikiProject Finance & InvestmentTemplate:WikiProject Finance & InvestmentFinance & Investment articles
High	This article has been rated as High-importance on the project's importance scale.

Numismatics Mid‑importance

	Numismatics portal This article is within the scope of WikiProject Numismatics, a collaborative effort to improve the coverage of numismatics and currencies on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.NumismaticsWikipedia:WikiProject NumismaticsTemplate:WikiProject Numismaticsnumismatic articles
Mid	This article has been rated as Mid-importance on the project's importance scale.

History High‑importance

	History portal This article is within the scope of WikiProject History, a collaborative effort to improve the coverage of the subject of History on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.HistoryWikipedia:WikiProject HistoryTemplate:WikiProject Historyhistory articles
High	This article has been rated as High-importance on the project's importance scale.

Economics High‑importance

	Business and economics portal This article is within the scope of WikiProject Economics, a collaborative effort to improve the coverage of Economics on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.EconomicsWikipedia:WikiProject EconomicsTemplate:WikiProject EconomicsEconomics articles
High	This article has been rated as High-importance on the project's importance scale.

Archives

Archive 1	Archive 2	Archive 3
Archive 4	Archive 5	Archive 6

This page has archives. Sections older than 90 days may be automatically archived by when more than 5 sections are present.

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.^[1]^[2]^[3]
1760: The Bremen thaler gold worth 1⁄5th 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 $4.862⁄3.
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.^[4]
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]}
1878: Grand Duchy of Finland at 31 marks to 9.0 g gold.^{[citation needed]}
1881: Argentina at 1 peso to 1.4516 g gold.^{[citation needed]}
1885: Egypt.^[5]
1892: Austrian Empire at 3,280 Austro-Hungarian kronen to 1 kg gold.
1897: Russia at 31 rubles to 24.0 g gold.^[5]
1897: Japan at 1 yen devalued to 0.75 g gold.^[5]
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.^[5]
1905: Mexico at 1 peso to 0.75 g gold.
1906: The Straits dollar at £1 to 84⁄7 dollars.^[5]
1908: Siam Gold Exchange/pound sterling.^[5]

References

^ Kindleberger, Charles P. (1993). A financial history of western Europe. Oxford: Oxford University Press. pp. M1 60–63. ISBN 0-19-507738-5. OCLC 26258644.
^ Newton, Isaac, Treasury Papers, vol. ccviii. 43, Mint Office, 21 Sept. 1717.
^ "The Gold Standard in Theory and History", BJ Eichengreen & M Flandreau [1]
^ The Pocket money book: a monetary chronology of the United States. Great Barrington, Massachusetts: American Institute for Economic Research. 2006. pp. 4–6. ISBN 0-913610-46-1. OCLC 75968548. {{cite book}}: |access-date= requires |url= (help)
^ ^a ^b ^c ^d ^e ^f Encyclopedia:. "Gold Standard | Economic History Services". Eh.net. Retrieved 2010-07-24.{{cite web}}: CS1 maint: extra punctuation (link)

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)[reply]

Semi-protected edit request on 12 July 2023

This edit request has been answered. Set the |answered= or |ans= parameter to no to reactivate your request.

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)[reply]

Done - FlightTime (open channel) 18:27, 12 July 2023 (UTC)[reply]

Wiki Education assignment: ENG 21011 Research Writing

This article is currently the subject of a Wiki Education Foundation-supported course assignment, between 21 August 2024 and 8 December 2024. Further details are available on the course page. Student editor(s): Msadid, Jgerson2 (article contribs).

— Assignment last updated by Msadid (talk) 15:21, 8 October 2024 (UTC)[reply]

[1] Kindleberger, Charles P. (1993). A financial history of western Europe. Oxford: Oxford University Press. pp. M1 60–63. ISBN 0-19-507738-5. OCLC 26258644.

[2] Newton, Isaac, Treasury Papers, vol. ccviii. 43, Mint Office, 21 Sept. 1717.

[3] "The Gold Standard in Theory and History", BJ Eichengreen & M Flandreau [1]

[4] The Pocket money book: a monetary chronology of the United States. Great Barrington, Massachusetts: American Institute for Economic Research. 2006. pp. 4–6. ISBN 0-913610-46-1. OCLC 75968548. {{cite book}}: |access-date= requires |url= (help)

[eh.net-5] ^ ^a ^b ^c ^d ^e ^f Encyclopedia:. "Gold Standard | Economic History Services". Eh.net. Retrieved 2010-07-24.{{cite web}}: CS1 maint: extra punctuation (link)

[1]

[2]

[3]

[4]

[5]