Recovery of monetary business in Russia
After a rather long period of coin-less commodity circulation, in 1380 under the Grand Duke Dmitry Donskoy, the coins regained their function. In addition, the revival of the coin case…

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3 coins of medieval England
A rather large role in collecting coins is played by the age of the coins themselves, and the older they are, the more valuable your collection will be. A typical…

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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…

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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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First counterfeiters

Since the very first metallic banknotes were born, the counterfeiters began their activities. They used every opportunity to seize the stamp. In this regard, the minters working on the mints, after the required number of coins were made, destroyed their stamps, and the secret of their production was considered not only his own, but also a state secret.

For counterfeiters, the very process of forging money was not a big deal. The first and most important thing that they had to do was to get the original stamps by any illegal means. If there was no such possibility, then the stamp was made by them independently by painstaking work. After the main tool was in their hands, it was necessary to choose a reliable secret place, if possible away from the city center. Continue reading

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

History of tokens

Tokens have a rather interesting story. They have at all times been used as support for real currency. But in itself, a token is considered “non-currency”. Let’s dive into history and look at the development of the token industry in the world.

The very word “token” came from the French “jeton”. These tokens were used as “tickets”, funds for obtaining any specific goods or services. This, in any case, was not full money. Continue reading

Coins of three eras and their manufacturing techniques
It happens that determining the place and specific time of minting coins of medieval Russia is quite problematic to establish. This is due to the fact that the medieval coins…

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What is now in price on the numismatic market
The dollar is falling, and the ruble is growing stronger. Especially - old. Antique coins are sold at auctions for "big money". So, at the Gelos auction before the new…

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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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