The most rare and expensive coins of the USSR
In this article we will consider the reasons for the emergence of expensive coins of the USSR. Surprisingly, the list of the most expensive Soviet rubles and kopecks includes not…

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Byzantine coins (ca. 500-1453)
The fall of the Roman Empire was in the late Middle Ages, at least in the east of Europe. After the death of Emperor Theodosius I in 395, the Roman…

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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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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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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

Interesting facts from the history of collecting
The origins of collecting lead in antiquity. Notable people collected antiques and art objects and decorated them at home. In the I-II century BC in ancient Rome, the market of…

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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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