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<p>[QUOTE=&quot;V. Kurt Bellman, post: 2708269, member: 71723&quot;]Actually, for pretty much ALL of Europe, the date was 1914. From 1865-1914 there was a thing called the Latin monetary union. In fact, it existed on paper through about 1927, but it was observed more in the breach than the honoring of it after &#039;14. France, Italy, Belgium and Switzerland all had identical currencies when denominated in terms of silver and gold. That&#039;s why 20Fr Roosters and 20 lire and 20 Swiss Franc Vrenellis are all a common weight. Interesting fact - one reason the Stella was proposed in the U.S. was to make a coin compatible with the 20&#039;s of the Latin Monetary Union.</p><p><br /></p><p>What made the currency union fall apart? Aside from the war, CHEATING. By that time, more nations were involved and they started cheating on the fineness of their silver and gold coins.</p><p><br /></p><p>Now tell me again - it WHAT UNIVERSE is a &quot;gold standard&quot; halfway even close to a good idea? Not in any I can see.[/QUOTE]</p><p><br /></p>

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