Сollecting coins
Now numismatics is not only collecting, but also a good investment of money. Not for nothing is the most ancient hobby, namely collecting coins, at present, is one of the…

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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…

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On the fate of coin stamps of the St. Petersburg Mint
Mikhail Ivanovich Smirnov, the archivist of the St. Petersburg Mint, published an interesting article in the 6th issue of the Old Coin: “The Mints Cabinet and the Museum of the…

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completely different

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

Treasure Hunt in Ukraine
Findings of treasure hunters of Ukraine fascinate with their wealth and antiquity: here are Scythian gold, royal coins, church utensils, ancient icons, various artifacts and decorations. Perhaps you also want…

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How to search for coins with a metal detector
A pot of gold coins hiding not only leprechauns on the poppy field, such finds of Ukrainian treasure hunters happen in our not at all fairy-tale state. Of course, it…

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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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