Isaac Newton22 December 1717
A royal proclamation adopts Newton's recommended valuation of the guinea at 21 shillings, overvaluing gold relative to silver and moving Britain toward a de facto gold standard.
Great Britain · Economy / Gold Standard. Chronological records rendered directly from the World History Database.
A royal proclamation adopts Newton's recommended valuation of the guinea at 21 shillings, overvaluing gold relative to silver and moving Britain toward a de facto gold standard.
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