Bimetal
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Bimetal
Bimetal refers to an object that is composed of two separate metals joined together. Instead of being a mixture of two or more metals, like alloys, bimetallic objects consist of layers of different metals. Trimetal and tetrametal refer to objects composed of three and four separate metals respectively. A bimetal bar is usually made of brass and iron. Bimetallic strips and disks, which convert a temperature change into mechanical displacement, are the most recognized bimetallic objects due to their name. However, there are other common bimetallic objects. For example, tin cans consist of steel covered with tin. The tin prevents the can from rusting. To cut costs and prevent people from melting them down for their metal, coins are often composed of a cheap metal covered with a more expensive metal. For example, the United States penny was changed from 95% copper to 95% zinc, with a thin copper plating to retain its appearance. A common type of trimetallic object (before the all-alum ...
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Bimetallism
Bimetallism, also known as the bimetallic standard, is a monetary standard in which the value of the monetary unit is defined as equivalent to certain quantities of two metals, typically gold and silver, creating a fixed rate of exchange between them. For scholarly purposes, "proper" bimetallism is sometimes distinguished as permitting that both gold and silver money are legal tender in unlimited amounts and that gold and silver may be taken to be coined by the government mints in unlimited quantities. This distinguishes it from "limping standard" bimetallism, where both gold and silver are legal tender but only one is freely coined (e.g. the moneys of France, Germany, and the United States after 1873), and from "trade" bimetallism, where both metals are freely coined but only one is legal tender and the other is used as "trade money" (e.g. most moneys in western Europe from the 13th to 18th centuries). Economists also distinguish ''legal'' bimetallism, where the law guarantees ...
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