Commodity money coins. Commodity money Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects that have value in themselves (intrinsic value) as well as value in their use as money. Examples of commodities that have been used as mediums of exchange include gold, silver, copper, salt, peppercorns, tea, large stones (such as Rai stones), decorated belts, shells, alcohol, cigarettes, cannabis, silk, candy, nails, cocoa beans, cowries and barley. These items were sometimes used in a metric of perceived value in conjunction to one another, in various commodity valuation or price system
Price band Price band A price band is a policy instrument that serves to insulate domestic producers and processors when the world price for a commodity falls below a calculated reference price (e.g., a price target comparable to a commodity support level). Protection is provided by imposing a variable import levy on the imported commodity that raises the importer’s cost to the reference price. Chile, some Andean Group countries, and some Central American countries use price bands to protect specific commodity and processed food sectors. In the field of price management a Price Band is a Histogram in which prices of goods