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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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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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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Value of the CBR coins
Numismatics is the meaning of life of a large number of people. The Bank of Russia is a kind of trendsetter in the field of coinage of modern numismatics. The…

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much weight

Old Russian monetary system

For quite a long time, the fact has been noticed that treasures belonging to the period from the 9th to the 11th century contain quite a lot of fragments and scraps of coins. And this is not a coincidence at all, since there are treasures consisting entirely of small fragments. On such fragments, sometimes there are monetary legends, the names of rulers, dates of minting, and similar inscriptions.

When the coins correspond to some definite and well-known weight, then the seller who received them will simply calculate the amount of metal that the op receives from the proceeds of any goods, or from the services provided to them. Scales for weighing coins are necessary for him only to carry out a control check – no more. 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…

...

History of gold coins
Gold coins at all times were considered something akin to God. People fought for the wealth and possession of countless gold coins in their treasury. Gold is the most precious…

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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…

...