Classical Gold Standard Era (c.1870–1914)

1. Germany begins shift toward a gold mark

   Dec 4, 1871Labels: Germany, Gold mark, German unification

   • FRUS 1876

2. German Coinage Act standardizes imperial gold coinage

   Jul 9, 1873Labels: German Coinage, Gold coinage, Germany

   • FRUS 1876
   • German Coinage

3. Latin Monetary Union restricts silver coinage

   Jan 30, 1874Labels: Latin Monetary, Silver coinage

   • US Historian
   • EconLib

4. United States passes the Specie Resumption Act

   Jan 14, 1875Labels: Specie Resumption, United States

   • Britannica
   • US History

5. Reichsbank begins operations as Germany’s central bank

   Jan 1, 1876Labels: Reichsbank, Germany, Central bank

   • Reichsbank
   • Reichsbank DE

6. Bland–Allison Act reintroduces large-scale silver coinage

   Feb 28, 1878Labels: Bland Allison, United States

   • Bland Allison

7. United States resumes gold redemption of paper money

   Jan 1, 1879Labels: Specie Payments, United States

   • Britannica
   • US History

8. Austria-Hungary introduces the krone in a gold reform

   Jan 1, 1892Labels: Austria Hungary, Krone

   • AH Krone
   • AH Gulden

9. India closes mints to free coinage of silver

   Jun 26, 1893Labels: India, Silver rupee

   • Hansard 1893
   • Cambridge

10. Japan enacts a Currency Act to adopt gold

    Mar 26, 1897Labels: Japan, Currency Act

    • Bank of Japan
    • Hansard 1911

11. Gold standard strains under July 1914 financial panic

    Jul 31, 1914Labels: July 1914, International finance

    • 1914 Crisis

12. Britain issues emergency currency as war begins

    Aug 6, 1914Labels: Britain, Emergency currency

    • Hansard 1914
    • Hansard 1914

13. Wartime suspensions end the classical gold standard era

    Aug 7, 1914Labels: World War, Gold suspensions

    • Hansard 1914
    • 1914 Crisis