The first banknotes of the Northern Black Sea coast
In the early stages, after the settlement of settlements by Greek colonists in the Northern Black Sea region, exchange and trade with local tribes were conducted by means of “barter”…

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Ancient Egyptian Coins
Today, Egypt attracts with its beauty, the scorching orange sun and the red sea, not only tourists from various countries and cities of our planet, but also various archaeologists with…

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The history of coinage of antique coins
After the minting of the first coins was mastered, it is necessary to somehow simplify this rather complicated procedure. And the solution was soon found and put into practice. Approximately…

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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

Coins of the Ottoman Empire
One of the most mysterious and unknown countries today is Turkey. The first mention of the territory of ancient Turkey dates back to the seventh millennium BC. If we consider…

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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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Commemorative coins of the Republic of Belarus
The commemorative coins of the state of the Republic of Belarus are the official commemorative coins issued by the national bank. These metallic banknotes are not only a symbol of…

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Penny saves the ruble
1535 is the birthday of a penny. Contributed to this mother of Ivan the Terrible, Elena Glinskaya. Making a penny was a necessity rather than a natural desire. At that…

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