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MERMOUD, L.S.J.F.

Monétaire Universel

[General Chart of the Gold and Silver Currencies, and the Commercial Par of the Principle Countries of the World]

Stock Code
89970
Paris, Nicolas Michel, 1829
£3,750

This rare chart describes various currencies and exchange rates in 60 cities and 36 countries, with illustrations of the relevant coins.

[IN ENGLISH]' The Intrinsic Par is the currency value of a country which is compared to the one of another country, from the point of view of weight and security. The Commercial Par is the comparative value of the currencies of different countries, from the point of view of the weight, security, and the price of pure metals at the Stock Market. Thus, 2 sums of money from different countries are intrinsically at par when they have an equal quantity of the same type of pure metal. 2 sums of money from different countries are commercially at par, when they can buy an equal quantity of the same type of pure metal. This par had several denominations which seem to express its floating and ephemeral nature, but, the word 'Commercial'

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Description

Large folding engraved hand coloured chart mounted on linen, edged in blue silk; size: (65.3 x 100.7 cm) housed in an original marbled slipcase, red morocco label, gilt lettered.

Bibliography

Stock ID:89970

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