Many thanks Paddy and Coinery
As far as records go – it appears money started to be officially defined by weight of metal in Iraq about 2,150 BC. The retreat from that definition perhaps started in Britain in 1914, when banks stopped changing notes for sovereigns.
So understanding weight standards is basic to understanding what money was for 97% of its history. If you do not understand the weight standards, you just cannot understand the real history of money. That is why I think it is important.
It is comforting to believe there are “a small number of academics willing to invest the time in this”, who are perhaps keeping an eye on the situation for us all. Indeed that was still sort of true 25 years back. But those guys were fighting a loosing battle then and anyhow, they are, as far as I can discover, all now dead.
There are today way more professional academics than there ever were before. They generally refuse to discuss these matters, a sizeable sub-group will turn hostile and sarcastic if they are raised. I am afraid this seems a straightforward Cui Bono situation to me. The great majority of professional academics are paid by states, and all states have now adopted “managed money” - which they print at will. ‘He who pays the piper calls the tune’.
I am an old guy myself now, and am pretty much fixed on a search for anyone at all out there who will try to understand these matters, and will stand up and debate them. I tried looking amongst professional academics. It was a poor plan.
Am I really alone here in seeing the Curator of Coins at our British Museum holding a Charles I pound coin and saying “it is a pound weight in silver” ?
All the Best
Robert Tye
PS in case of interest - for my series of videos on Youtube - look for “A History of Troy Weight”
Playlist: