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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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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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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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

FIRST RUBLE
- The original ruble of the Russian Tsar Alexei Mikhailovich in the catalog of V. I. Petrov (1900) is estimated at 300 rubles. Of course, the cost of extremely rare…

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STARTING COLLECT ...
We are looking at the coin. Do not take her fingers for the image. Even beyond the very edge. There is always fat on the fingers that remains on the…

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