The Great Migration of Nations (4th-6th centuries AD)
The prevailing idea that the hordes of barbarian peoples invaded the borders of the Roman Empire and thus caused its fall is outdated and no longer corresponds to the findings…

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European coins and medals (XVI-XXI century)
New time in numismatics begins in Europe around 1500 in the lands of the Habsburgs. In 1486, by order of the Archduke Sigismund (1439-1490), the Tyrolean guldengros was minted. It…

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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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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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were issued

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

Coin collecting as a hobby
Modern collectors collect various items. Some collect stamps, others - coins, and there are those that are particularly original. Collecting coins is very popular, because everyone who has found or…

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Coin collecting as a hobby
Modern collectors collect various items. Some collect stamps, others - coins, and there are those that are particularly original. Collecting coins is very popular, because everyone who has found or…

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