Commodity money 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 economies.
Christmas Price Index with the actual gift described. The ten “lords-a-leaping” are valued by using the cost of hiring male ballet dancers instead of real lords. Christmas Price Index The Christmas Price Index is a tongue-in-cheek economic indicator, maintained by the U.S. bank PNC Wealth Management, which tracks the cost of the items in the carol "The Twelve Days of Christmas". The Christmas Price Index was conceived by the bank's chief economist as a humorous commodity price index to measure the changing cost of goods over time. Commodity price indices, as compiled by economics, use a "market basket" of certain goods and then