Limping standard

跛行本位 ／ limping standard　—　Institutions

A state where silver coins continue to circulate despite being detached from their bullion value. A "one-legged standard."

A state during the transition to the gold standard where legacy silver coins continue as legal tender, despite being detached from their bullion value. It is known as the "one-legged standard."

⚠ It is these intermediate forms, not mentioned in textbooks on monetary systems, that are the normal state of affairs in actual monetary history.