Lawful
money is gold and silver.
A piece of metal, as gold, silver, copper, etc., coined, or stamped, and issued by the sovereign authority as a medium of exchange in financial transactions between citizens and with government; also, any number of such pieces; coin.
1913 Webster Currency
An instrument of value agreed to by two ore more people.
Current value; general estimation; the rate at which anything is generally valued.
1913 Webster
That which is in circulation, or is given and taken as having or representing value; as, the currency of a country; a specie currency; esp., government or bank notes circulating as a substitute for metallic money.
1913 WebsterResources:
- Ayn Rand on Money