demonetization
demonetisation BrE

Other realizations included $37,500 for an example of the 10-cent 1847 on a cover to Canada sent two months after demonetization.

The second, more serious, demonetization was prompted by the outbreak of the American Civil War in 1861.

The country of Poland has a very recent example of demonetization involving the stamp issues of 1990 to 1994.

The demonetization of postage and revenue stamps is the process by which the stamps are rendered no longer valid.

Jones argues that the Latin Monetary Union involved a partial demonetization of silver.

The reform included the demonetization of the cruzeiro real and required a massive banknote replacement.

Demonetization of silver was thus a common element in the crises on both sides of the Atlantic Ocean.

Aspen had been a booming mining town sixty years earlier, but the demonetization of silver in 1893 caused silver prices to collapse.

The demonetization of silver by European and North American governments in the early 1870s was certainly a contributing factor.

The industry suffered greatly from the demonetization of silver in 1873 by the "Crime of 73," but silver mining continues today.

In December 2008 a Philippine Congress resolution called for the retirement and demonetization of all coins less than one peso.

It was in the immediate aftermath of Otto von Bismarck's victory against France that he began the process of silver demonetization.

In 2003, rumours of another pending demonetization swept through the country, resulting in the junta issuing official denials, but this time the demonetization did not materialize.

Demonetization chiefly occurs in connection with major upheavals in the postal system, such as a transfer from one country to another, or currency changes, such as decimalisation, or a change of government.

General confusion, combined with exhaustion of the new stamps at some post offices, led to some instances of the old stamps still being accepted on letters after demonetization, although surviving covers are rare.

The "Stonewall" Five-Dollar Gold Coin was used from early in Confederate history until after the Great War, when hyperinflation resulted in the demonetization of Confederate currency.

With discovery of more and more silver reserves, those currencies based on gold continued to rise in value and those based on silver were declining due to demonetization of silver.

In general, stamp demonetization is a rare event, since any unused stamp is effectively equivalent to its face value, and there is no financial disadvantage if postal customers use old stamps on their mail.

In 2009, the demonetization of the 1 and 2 cent coins was made official and a new coin set of 5, 10, 20, and 50 cent coins with reduced size was introduced.

Silver mining declined after the demonetization of silver in 1893, yet the boom in copper mining was soon producing more silver as a byproduct than had been produced during the bonanza silver days.

Throughout the 1960s, the Bretton Woods system had permitted the US to finance approximately 70 percent of its cumulative balance of payments deficits via dual processes of gold demonetization and liability financing.

Walker published International Bimetallism in 1896 roundly critiquing the demonetization of silver out of political pressure and the impact of this change on prices and profits as well as worker employment and wages.

In 1989, nickel-brass 2 dollar coins were introduced coinciding with Kiribati's tenth anniversary of independence and Australia's issuance of their 2 dollar coin and the demonetization of the 2 dollar note.

It came at the end of a series of economic setbacks: the Black Friday panic of 1869, the Chicago fire of 1871, the outbreak of equine influenza in 1872, and demonetization of silver in 1873.

Moves towards the demonetization of gold went further when, under the second amendment to the articles of agreement in Jamaica in 1976, it was agreed that the IMF should dispose of one-third of its gold holdings.