The selection of any money-commodity has not been mere chance, but has been the result of that object being better fitted than others to serve as a medium of exchange.

The main qualities that affected the selection of primitive form of money were as follows: 1.

Marketability (or saleability); that is, it must be easy to sell.

The first forms of money had to be things which every one desired at some time and many people desired at any time.

That was the essential quality that made any one ready to take it even when he did not wish to use it himself.