NUMISMATICS AND COLLECTION
It is difficult to convey what the collector of old coins is going through, having found the necessary coin after a long search. This is an incomparable joy of the…

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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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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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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

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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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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FIRST RUBLE
- The original ruble of the Russian Tsar Alexei Mikhailovich in the catalog of V. I. Petrov (1900) is estimated at 300 rubles. Of course, the cost of extremely rare…

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