IDEAS home Printed from https://ideas.repec.org/a/cup/jechis/v41y1981i04p853-866_04.html
   My bibliography  Save this article

The Significance of Unaccounted Currencies

Author

Listed:
  • Timberlake, Richard H.

Abstract

This paper uses numismatic sources to estimate the volume of unaccounted currency issued during the middle two quarters of the nineteenth century. “Unaccounted currency” includes any currency issued by private business firms and by municipal and state governments. This money, unlike state bank notes and deposits and federal government currencies, was issued illegally, and not recorded in conventional statistical sources. Exact quantification, therefore, is next to impossible. The principal significance of this phenomenon is the credibility it gives to private competitive issues of money.

Suggested Citation

  • Timberlake, Richard H., 1981. "The Significance of Unaccounted Currencies," The Journal of Economic History, Cambridge University Press, vol. 41(4), pages 853-866, December.
    • Handle: RePEc:cup:jechis:v:41:y:1981:i:04:p:853-866_04
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0022050700044934/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Elaine Tan, 2011. "Scrip as private money, monetary monopoly, and the rent‐seeking state in Britain," Economic History Review, Economic History Society, vol. 64(1), pages 237-255, February.
    2. Irene Sotiropoulou, 2012. "Marketing a Vintage Carpet in a Free Bazaar and Other Stories On/Off Value," Working Papers 1206, University of Crete, Department of Economics.
    3. Rösl, Gerhard, 2006. "Regionalwährungen in Deutschland: Lokale Konkurrenz für den Euro?," Discussion Paper Series 1: Economic Studies 2006,43, Deutsche Bundesbank.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:jechis:v:41:y:1981:i:04:p:853-866_04. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/jeh .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.