Celtic Coins (III-I century BC)
The name "Celts" was first mentioned by the Greek historian Herodotus (Greek "keltoi" means "brave"). At one time, the Celts were scattered throughout Northern Europe, although it was never a…

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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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Valuable little thing. How to make money on investing in rare coins
Rare coins can grow in price by hundreds of percent over ten years. What influences their value and how to find assets attractive for investment in this market? Old coins…

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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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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

Coins and medals of the colonial countries (XVI-XXI centuries)
While in some countries, for example, in China or Japan, money in the form of coins was used for a long time, most of the Asian, African and American continents…

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Roman coins (III century BC - V century AD)
The Roman Empire dominated most of the ancient world known to us for over 500 years and exerted a decisive influence on the economy, art and culture of Europe in…

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