Russian coins and medals (XV-XX century)
The history of Russian coins is still relatively short. In its development, the monetary business of Russia did not directly rely on ancient or medieval designs, and yet in an…

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Opening an antique shop
Acquisition of antiques - it was and remains one of the most reliable ways to invest money, which allows you to ensure a stable income in the amount of 20-50%…

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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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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

Opening an antique shop
Acquisition of antiques - it was and remains one of the most reliable ways to invest money, which allows you to ensure a stable income in the amount of 20-50%…

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idea that the hordes of barbarian peoples invaded the borders of the Roman Empire and thus caused its fall is outdated and no longer corresponds to the findings…

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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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