What is the cost of silver coins of Tsarist Russia
We can safely say that silver coins of tsarist Russia of 1700 - 1917, will definitely be able to delight everyone, even the most fastidious and demanding coin collector, otherwise…

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Yuri Pokras on how the Violiti Internet auction works
We talk about the largest Internet site for the sale of antiquities in the post-Soviet space with the famous Kiev collector, Violiti website administrator Yuri Pokrass. - How many years…

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Medieval coins (ca. 500-1500)
Medieval coins (ca. 500-1500)The Middle Ages spanned 1,000 years of European history, starting with the earliest chased coins of the German successor states of the Roman Empire during the Great…

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Сollecting coins
Now numismatics is not only collecting, but also a good investment of money. Not for nothing is the most ancient hobby, namely collecting coins, at present, is one of the…

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decided to raise

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

Franz Joseph I Commemorative Coins
From December 2, 1848, Franz Joseph I was Emperor of the Austrian Empire and King of Bohemia, Apostolic King of Hungary. Franz Ripl in 1829 gave the emperor the idea…

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Chinese Coins - 2000 Years of Coin History and Money
China is the most populous country in the world. Its population is 1 billion inhabitants, and the history goes back more than 2000 years. Scientists have found that money was…

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