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TeachMeFinance.com - explain Bimetallic standard historic definition... Bimetallic standard -- . Exists when the basis of values .is gold and silver at an established ratio. The mere possession by a Country of the bimetallic or double standard is not the same thing as bimetalism, an essential feature of which is a mint open to the coinage of any quantity of either gold or silver that may be brought to it. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.