What is gold and silver trade currency

Gold and silver trade coins refer to gold and silver coins (also known as hard currency) that are used exclusively as a means of payment for international trade.

The gold and silver trade coins were mainly used during the colonial period of imperialism in 1850-1940, such as the $1 trade silver dollar issued by the United States in 1873-1885. It originated from medieval Venetian merchants in Europe. It can have a face value or weight, but it emphasizes its actual precious metal content.

The gold and silver trade coins that have withdrawn from the trade sector have different prices and sometimes are quite different depending on their appearance and age. Of course, on many occasions, gold and silver currency and pure gold and silver coins can also be used as an international trade payment method.

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