What is the damage of coins
In the 10th century, Count Baldwin, in order to develop a monetary business, as well as improve trade relations, created a rate of exchange transactions. So, two hens could be…

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Western coins in the territory of Russia
From the middle of the tenth century, the mass distribution of silver coins of Western Europe to the lands of Eastern Europe began, and to a large extent this affected…

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Western coins in the territory of Russia
From the middle of the tenth century, the mass distribution of silver coins of Western Europe to the lands of Eastern Europe began, and to a large extent this affected…

Continue reading →

Coins and art
When the state treasurer put his stamp on a small piece of metal, he cared not only to record the purity and weight of the metal with this action, but…

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amount of silver

Monetary reform of 1654

In the 17th century, the epoch in monetary business ended, when absolutely any individual, which was usually a privileged and secular society, could bring material for making coins. The state finally and irreversibly took control of the mints, and supplied raw materials exclusively from its treasury. In this regard, the coins began to lose their stability, and their value gradually began to fall.

This instability of money played into the hands of counterfeiters. They could easily start minting coins, almost without fear that they would be severely punished for it. Continue reading

A set of jubilee coins dedicated to the 200th anniversary of the Patriotic War of 1812
Nothing can so please the present coin collector, as a new coin in its collection, and even better, if it will be a whole album of commemorative coins. However, if…

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Coins of Ivan the Terrible
A small miniature from the Russian annals of the 17th century depicts the process of making coins. From this it is known that silver billets were first smelted in a…

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Numismatics. Railway is dedicated to ...
Coins for millennia are not only a means of payment, but also the subject of art coinage. Since ancient times, each state on the main side of its banknote has…

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