Numismatics Museum in Nicosia
The ancient Greeks attributed the invention to heroes of myths, and the Romans to their…

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О долларах
European coins and medals (XVI-XXI century)
New time in numismatics begins in Europe around 1500 in the lands of the Habsburgs.…

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Сollecting coins
Now numismatics is not only collecting, but also a good investment of money. Not for…

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Numismatics is one of the most famous and ancient types of collectibles.
Numismatics (collecting coins and medals, including the study of money circulation and the history of…

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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

The Great Migration of Nations (4th-6th centuries AD)
The prevailing idea that the hordes of barbarian peoples invaded the borders of the Roman…

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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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