Commodity money definition

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Commodity money

Commodity money logo #21000 Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects that have value in themselves as well as value in their use as money. Examples of commodities that have been used as mediums of exchange include gold, silver, copper, salt, peppercorns, large stones (such as Rai stones), decorated b...
Found on http://en.wikipedia.org/wiki/Commodity_money
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