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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About buying coins
Until recently, buying up coins and their further resale could be quite a successful small business. This is especially true of the 90s, when people, without getting paid for years,…

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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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But one thing

How to search for coins with a metal detector

A pot of gold coins hiding not only leprechauns on the poppy field, such finds of Ukrainian treasure hunters happen in our not at all fairy-tale state. Of course, it is a great fortune to find a treasure of coins, but one cannot do without some preparation.
Where to look for coins in Ukraine, the main places
• Long-standing beaches on lakes and along rivers. In addition to antiquities: jewelry, coins, church utensils, seals, there you can find many modern values: chains, pendants, earrings, etc. Continue reading

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

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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Ancient coins
1. Old coins of Russia - gold and silver coins of Prince Vladimir These were the first coins minted in Kievan Rus at the end of the 10th century, then…

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Coin Albums
Many numismatists with a sense of satisfaction recall the old days, when doing coin collecting, they could buy coin albums in almost any store in the country, which over time…

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