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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Commemorative coins
In the new history there are many anniversaries, celebrations, coronations, which you can almost always find out by looking at the coins issued in honor of this event. A Soviet…

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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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wide range

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

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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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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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idea that the hordes of barbarian peoples invaded the borders of the Roman Empire and thus caused its fall is outdated and no longer corresponds to the findings…

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