1873 Eggers World Numismatic Map, Vienna World's Fair

Gold Standard.

A numismatic world map prepared in 1873 by August Eggers. Its production corresponded with the 1873 adoption of an international gold standard, a key event in modern economic history. The map was exhibited at the 1873 Vienna World's Fair.

A Closer Look

The world is displayed on a Mercator Projection with countries outlined in colors corresponding to which currency types they use: gold dollars, silver dollars, pounds sterling, francs, other gold currencies, or other silver currencies. Above and below, individual countries are listed under each currency type, along with their populations and conversion rates between the local currency and nearby or major world currencies (useful for World's Fair attendees). As these tables indicate, most of the world's population used silver currency at the time, though this would soon change.

The Search for a Gold Standard

Though little known today given the global dominance of the U.S. dollar and the ever-increasing use of digital exchanges, questions of currency and exchange have been vexing governments throughout history. In the 19th century, these concerns were informed by increased global trade and the greater availability of precious metals resulting from several gold and silver booms. In the 18th and early 19th centuries, efforts were made to establish a fixed exchange rate between gold and silver and to set an international gold standard. The same year this map was published, such a system emerged as the German Empire transitioned from a silver- to a gold-based currency, emblematic of a wider 'transition to gold'. The resulting fluctuations in the prices of gold and silver had significant economic effects, making the choice of currency standard a contentious political issue worldwide in the following years and decades.

Publication History and Census

This map was designed by August Eggers, an expert on global currencies, and published by G. Hunckel in Bremen. It was intended for use at the 1873 Vienna World's Fair and was distributed at the fair's world trade pavilion. We note three examples in institutional collections: the Nationale Numismatische Collectie in the Netherlands, the Danish Union Catalog and Danish National Bibliography, and the Royal Danish Library.

Condition

Good. Gold outlines present. Minor toning at fold intersections. Some light foxing present throughout. Original fold lines visible.

References

OCLC 465831615.