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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Coins and coin type of ancient Greece
The stamp imprint on the coins is the seal of the country or city that issued it. The drawings and inscriptions on the coins represent the most important concept of…

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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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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

What is numismatics and who such numismatists
Since ancient times, people to collect something. Books, statues, paintings, vases, wardrobe items, tableware items, various postcards, stickers - collecting items brought joy and pleasure. But, besides purely aesthetic pleasure,…

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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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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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