How did gold was chosen as a currency compared to copper or any other metal ?

238 views

As said in the title I wonder how gold was actually considered a currency since ancient times, I get it it’s shiney & humans love shiny stuff but still

In: 0

6 Answers

Anonymous 0 Comments

Gold isn’t very reactive and can be preserved for a long time, it’s also easily malleable and rarely came in items which were less valuable than the gold itself so it would make sense that you couldn’t easily turn it into coins and return a profit (consider that the process of turning scrap copper into pennies or vice versa costs more than the actual penny to do).

You are viewing 1 out of 6 answers, click here to view all answers.