Front Page Titles (by Subject) Historical Coins. - Money and the Mechanism of Exchange
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Historical Coins. - William Stanley Jevons, Money and the Mechanism of Exchange 
Money and the Mechanism of Exchange (New York: D. Appleton and Co. 1876).
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Some states have utilized their coins as monuments of important events, such as conquests, jubilees, the accession of monarchs, etc. The German states, especially Prussia, have struck a long series of beautiful coins down to the Krönung's Thaler of 1861, and the Sieges Thaler of 1871. Some of these coins are at once treasured up in cabinets in the manner of medals. If it is possible to conceive literature destroyed, and modern cities and their monuments in ruins and decay, such medallic coins would become the most durable memorials, and the history of the kings of Prussia would be traced out by future numismatists as that of the great dynasties of Bactria has lately been recovered.
In 1842 M. Anténor Joly brought before the French legislative chambers a scheme for a system of historical money, and he renewed his proposal in 1852. M. Ernest Dumas has also suggested the issue of twenty-centime bronze pieces, which should serve either as money or as historical medals. Such schemes have not been carried out in France, and in England no coins of the sort have been struck. Except the mere expense of a new set of dies, I see no objection to the issue of historical money.