Gold Gold Gold!

Who were the first to use gold coins?

• Ancient Chinese

• Ancient Egyptians

• The Spartans

• Donald Trump

Why were gold coins better than gold bars?

• They were easier to carry

• They were easier to make

• They were just cooler!

• They could not be devalued

A machine that stamped coins with a picture of a king or queen allowed merchants to know the coin was

• real and not devalued

• shiny

• fake

• doubled value

Where was paper money first used?

What did Queen Elizabeth I do to protect the value of Gold and Silver coins?

• She raised their values and made them more expensive to buy.

• She punished people who sold them for cheap.

• She only approved certain traders to sell them.

• She didnt care for them because she had a lot of gold and silver