German coins since 1871 - from Reichsmark to Euro
With the adoption of the constitution of the German Empire on April 16, 1871, responsibility for the currency of the empire passed from individual federal states to the government of…

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Grodno found an unusual coin and counts on tips coin collectors
Near the fenced construction site in the very center of Grodno Grodno resident Anatoly Pozharov found a coin, the history of which probably sends us a few centuries ago. On…

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On the fate of coin stamps of the St. Petersburg Mint
Mikhail Ivanovich Smirnov, the archivist of the St. Petersburg Mint, published an interesting article in the 6th issue of the Old Coin: “The Mints Cabinet and the Museum of the…

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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 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

German coins since 1871 – from Reichsmark to Euro

With the adoption of the constitution of the German Empire on April 16, 1871, responsibility for the currency of the empire passed from individual federal states to the government of the empire. Thus, it became possible to carry out long-overdue reforms on the establishment of a single system of sizes, types and weight of coins, the embodiment of which was the Reichsmark.
A mark (equal to 1/3 of a thaler in the north of Germany and 35 kreutzers in southern Germany) with a decimal division was adopted as a single nominal unit. One brand became equal to 100 pfennigam. Silver and gold coins were issued. Continue reading

Medieval coins (ca. 500-1500)
Medieval coins (ca. 500-1500)The Middle Ages spanned 1,000 years of European history, starting with the earliest chased coins of the German successor states of the Roman Empire during the Great…

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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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MONETA JOHN
The Russian Empress Elizabeth did not think that a number of her decrees, by which she had eradicated a relatively common coin, would make this coin a numismatic rarity. However,…

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