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
Commodity markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price. The word "commodity" came into use in English in the 15th century, from the French "commodité", "amenity, convenience". Going further back, the French word derives from the Latin "commoditas", meaning "suitability, convenience, advantage". The Latin word "commodus" (from which English gets other words including "commodious" and "accommodate") meant variously "appropriate", "proper measure, time, or condition", and "advantage, benefit". In economics, the term "commodity" is used specifically for economic goods or services that have full or