NUMISMATICS AND COLLECTION
It is difficult to convey what the collector of old coins is going through, having…

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О долларах
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…

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On the fate of coin stamps of the St. Petersburg Mint
Mikhail Ivanovich Smirnov, the archivist of the St. Petersburg Mint, published an interesting article in…

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Cleaning of old coins
The purpose of this message is to acquaint interested readers with the most simple and…

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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

Valuable little thing. How to make money on investing in rare coins
Rare coins can grow in price by hundreds of percent over ten years. What influences…

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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…

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