Silver was money in Hamburg for 250 years

[Serpo]

Silver was money in Hamburg Germany for 250 years

Steffen Krug tells James Turk how for 250 years Silver was the only money in the port City of Hamburg one of the biggest ports in Europe and in the world ,the coin was called the Mark Banco until Bismarck replaced it with the Goldmark in 1873 , The Mark Banco was equivalent to 8.5 grams of silver . Hamburg was a major trading center during the Hansa time , they chose the Marc Banco as a currency it was a measure of weight of silver , the Marc Banco soon became popular amongst all the merchants in Europe including the City port of Amsterdam and Madrid , the Marc Banco became a reference.most of the trade in Germany was done with silver untill the Bismarck took over and brought the gold standard . The Marc Banco was so popular among the people so the Bismarck had to call his currency the Reichsmark so people will say we still have our Marc

http://www.youtube.com/watch?feature=player_embedded&v=RiPb24zVWFY#at=64

http://silver-shortage.blogspot.com/2011/06/silver-was-money-in-hamburg-germany-for.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+SilverShortage+%28SILVER+SHOR TAGE%29

[Shami-Amourae]

According to this video the $ symbol originally meant Unit of Silver (possibly.):

http://www.youtube.com/watch?v=22lnIkCmnaA

What do you think about this?

[chad]

nope. the dollar symbol was created by chauncey lee. he suggested four symbols for the federal money created by the act of congress of 1786. he used a / for 1 mill, 2 slashes // for a penny, for a dime a S with 2 // across it, and for a dollar 2 // with 2 SS across them. printers didn't like the fourth one because it was a pain in the ass to reproduce, so they adopted the 3rd choice (S with 2 // across it) instead. since printers all started doing it, it became the defacto standard for a dollar.

yes, i know all kind of useless shit. ;)