Sentence examples for circulation of silver from inspiring English sources

Silver standard, monetary standard under which the basic unit of currency is defined as a stated quantity of silver and which is usually characterized by the coinage and circulation of silver, unrestricted convertibility of other money into silver, and the free import and export of silver for the settlement of international obligations.

In 1879, the circulation of Mexican silver was approved in government and official entities, eventually allowing public distribution in 1881.

Sherman emphasized in his memoirs that the bill was openly debated for several years and passed both Houses with overwhelming support and that, given the continued circulation of smaller silver coins at the same 16:1 ratio, nothing had been "demonetized," as his opponents claimed.

Beginning in 1937, and continuing until the end of silver circulation production with pieces dated 1964, a very slightly different reverse was used for proof coins, as opposed to circulation pieces.

This legislation was enacted as coins vanished from circulation as the price of silver rose past the $1.29 per ounce at which silver coins were worth more as bullion than as currency.

This was followed by re-appearance of silver in the circulation and a subsequent plateau with similar blood silver content for all tested forms on days 2 and 3.

Most historians have attributed that inflation, in part, to the importation, starting in 1550, of silver from the Americas, which supposedly put much more currency into circulation in Spain.

Possible explanations include fraud, a deliberate attempt to maintain a stable ratio between gold and silver coins, or an official attempt to provide a new source of silver bullion while maintaining the same number of coins in circulation.

Later, in 1835, Mint officials began preparations for a series of silver dollars which, unlike the 1804 dollar, were intended to enter circulation in order to determine whether the denomination would be well received by the public.

By June 1862, the price of silver had risen to the point where coins of that metal vanished from circulation, many exported to Canada, where they were both acceptable in circulation, and could be exchanged for gold.

However, as there is no record of any denomination higher than one penny (then struck for circulation in silver) being used in the Maundy gift before 1731, sets from before then are most likely ordinary circulation strikes.