Coin collecting as a hobby
Modern collectors collect various items. Some collect stamps, others - coins, and there are those that are particularly original. Collecting coins is very popular, because everyone who has found or…

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Numismatics - Peter's true passion
In recent years, interest in numismatics has increased among the Russian population, which is both exciting and quite profitable. Following this trend, many shops selling antiques open stores for coin…

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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 their value and how to find assets attractive for investment in this market? Old coins…

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first collectors

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

Treasure Hunt in Ukraine
Findings of treasure hunters of Ukraine fascinate with their wealth and antiquity: here are Scythian gold, royal coins, church utensils, ancient icons, various artifacts and decorations. Perhaps you also want…

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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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MONETA JOHN
The Russian Empress Elizabeth did not think that a number of her decrees, by which she had eradicated a relatively common coin, would make this coin a numismatic rarity. However,…

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