Physical commodity-based currency system

A system for determining a total denomination value for one or more currency objects that is representative of the physical attributes of a commodity item type instance comprising:

• a computing system having a processor with access to a storage memory, an input mechanism, and an output mechanism;
• a commodity value scale function database located in said storage memory;
• said commodity value scale function database having:
• a normalized average price function data object that has a record structure with one or more fields for storing coefficient values of a normalized average price function that uses a primary intrinsic physical attribute value for a commodity item type as a function input;
• a discount factor data set object with a record structure that includes one or fields for storing identifying discount intrinsic physical attribute values for said commodity item type and one or more fields for storing coefficient values of a discount best fit function that uses said primary intrinsic physical attribute value as a function input;
• at least one operating instruction in said storage memory for receiving into said storage memory from the input mechanism a primary input value for said primary intrinsic physical attribute value of an instance of said commodity item type;
• at least one operating instruction in said storage memory for receiving in said storage memory through said input mechanism one or more discount input values for said discount intrinsic physical attribute values of said instance;
• at least one operating instruction in said storage memory for determining a first component value that is the solution of said normalized average price function using said primary input value;
• at least operating instruction in said storage memory for using said one or more discount input values to select from said discount factor data set object an instance discount best fit function;
• at least one operating instruction in said storage memory for said processor to determine a second component value that is the solution of said instance discount best fit function using said primary input value;
• at least one operating instruction in said storage memory for setting a total denomination value as a calculated product of said first component value and said second component value;
• and
• at least one operating instruction in said storage memory for communicating said total denomination value to said output mechanism.