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…

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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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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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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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coins again

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

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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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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