Byzantine coins (ca. 500-1453)
The fall of the Roman Empire was in the late Middle Ages, at least in…

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STARTING COLLECT ...
We are looking at the coin. Do not take her fingers for the image. Even…

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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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What is numismatics and who such numismatists
Since ancient times, people to collect something. Books, statues, paintings, vases, wardrobe items, tableware items,…

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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

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

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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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