Secondary Capital (“Barter Currency”) Comes In Many Forms
June 2nd, 2007 · by Bob Meyer · No CommentsThere are many forms of secondary capital. One of the most valuable were roses back in the 1600s…Here’s a fascinating look at those early days. What forms of secondary capital do you have?
Roses were in such high demand during the 17th century that royalty considered roses or rose water as legal tender, and they were often used as barter and for payments.
Napoleon’s wife, Josephine, established an extensive collection of roses at Chateau de Malmaison, an estate seven miles west of Paris in the 1800s. This garden became the setting for Pierre Joseph Redoute’s work as a botanical illustrator. In 1824, he completed his watercolor collection “Les Rose,” which is still considered one of the finest records of botanical illustration.
For a look at scores of secondary capital forms see: Capital
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