Oriental coins (VII-XXI century)
The conquerors of the territories that previously belonged to Byzantium were not familiar with the coinage before the reign of Muhammad, and therefore the history of the Arab coinage begins…

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Greek coins (VII-II century BC)
In ancient Greece, the fundamental foundations of the development of European civilization were laid. The cultural achievements of the “classical time” (ca. 500-363 / 323 BC) include not only the…

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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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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

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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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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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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