Franz Joseph I Commemorative Coins
From December 2, 1848, Franz Joseph I was Emperor of the Austrian Empire and King of Bohemia, Apostolic King of Hungary. Franz Ripl in 1829 gave the emperor the idea…

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Greek coins (VII-II century BC)
In ancient Greece, the fundamental foundations of the development of European civilization were laid. The cultural achievements of the “classical time” (ca. 500-363 / 323 BC) include not only the…

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How to invest money in coins
The stock market is falling, the ruble is getting cheaper, interest on deposits hardly falls short of inflation. And we all begin to think about other ways to save and…

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besides the members

Banknotes and paper money (VIII-XX century)

The history of paper money is just as exciting and varied as the history of metallic money. At the beginning of the history of paper money, there were two forms of banknotes – a receipt and a promissory note.
The receipt was issued as a certificate that a specific amount of metallic money is in the banker’s custody. Over time, the receipt has become possible to transfer to another person. Later, the receipt acquired the form of a banknote, which documented the client’s right to receive the amount in the form of coins indicated on the banknote at any time. Over time, the debt receipt turned into public money, which, as a rule, could not be received in the form of coins, but which had to be accepted for payment by all public funds. In addition, there are still temporary paper money issued to compensate for the shortage of coins. Continue reading

Oriental coins (VII-XXI century)

The conquerors of the territories that previously belonged to Byzantium were not familiar with the coinage before the reign of Muhammad, and therefore the history of the Arab coinage begins with imitation of coins of the Byzantine and Sassanian type. In part, these imitations were a rather loose interpretation of the original. Along with them, images of the ruling caliphs were minted on Arab coins.
Around 696-698, Caliph Abdul-Malik ibn Mervan from the Umayyad dynasty (685-705) carried out a reform of the eastern monetary system. Continue reading

Numismatics - Peter's true passion
In recent years, interest in numismatics has increased among the Russian population, which is both exciting and quite profitable. Following this trend, many shops selling antiques open stores for coin…

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Interesting facts about coins
Money constantly appears in our world. In any country, in any currency and in any form, be it paper or metallic money, but only thanks to them can we get…

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Coins and coin type of ancient Greece
The stamp imprint on the coins is the seal of the country or city that issued it. The drawings and inscriptions on the coins represent the most important concept of…

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