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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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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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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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

Numismatics Museum in Nicosia
The ancient Greeks attributed the invention to heroes of myths, and the Romans to their gods Janus and Saturn (they believed that the oldest coins were made by Janus in…

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COIN NOT ON POCKET
This coin really can not afford neither in size nor in weight. She appeared in the reign of Catherine I. True, her institution was not original. In the first half…

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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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