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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About buying coins
Until recently, buying up coins and their further resale could be quite a successful small business. This is especially true of the 90s, when people, without getting paid for years,…

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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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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

Ancient coins
1. Old coins of Russia - gold and silver coins of Prince Vladimir These were the first coins minted in Kievan Rus at the end of the 10th century, then…

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idea that the hordes of barbarian peoples invaded the borders of the Roman Empire and thus caused its fall is outdated and no longer corresponds to the findings…

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Greek coins (VII-II century BC)
In ancient Greece, the fundamental foundations of the development of European civilization were laid. The cultural achievements of the “classical time” (ca. 500-363 / 323 BC) include not only the…

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