In my experience, overwhelmingly, intrinsic value means something has value "just because." That's how most people discussing monetary concepts use the term. Al

In my experience, overwhelmingly, intrinsic value means something has value "just because." That's how most people discussing monetary concepts use the term. Also true in philosophy. It's basically a magical thinking/religion type of idea. If you have a citation to the contrary, like in an economics textbook, I'd be interested to see it, and I'm open to that possibility. But I would still think that most people are using the term the way I described [unless you have a citation about that...]. Today, the price of gold is overwhelmingly determined by its use as a financial instrument. Not because it's pretty and not for its industrial uses. To the best of my knowledge. I don't know how to actually measure this.