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…

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Grodno found an unusual coin and counts on tips coin collectors
Near the fenced construction site in the very center of Grodno Grodno resident Anatoly Pozharov found a coin, the history of which probably sends us a few centuries ago. On…

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Numismatists will be able to collect collectible cryptocurrencies
The most popular electronic currency has once again puzzled its followers. Just a couple of days, the bitcoin rate again fell from 11,500 to 8,500 dollars. But such sharp jumps…

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Crusader coins (ca. 1095-1523)
It is unlikely that there will be events that have had such a strong influence on the social and cultural development of the medieval world from the 11th to the…

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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

What is the cost of silver coins of Tsarist Russia
We can safely say that silver coins of tsarist Russia of 1700 - 1917, will definitely be able to delight everyone, even the most fastidious and demanding coin collector, otherwise…

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Coin collecting as a hobby
Modern collectors collect various items. Some collect stamps, others - coins, and there are those that are particularly original. Collecting coins is very popular, because everyone who has found or…

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