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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From numismatics to auction trading of coins
Numismatics - collecting coins, one of the most interesting and exciting collections. In general, numismatics is a bit different from collecting, it involves the identification of cultural monuments, the history…

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production of pennies

Coins of the era of silver crisis

On the territory of the Muslim East, as well as in medieval Europe, coins were one of the ways and means of exploiting the lower classes. The social groups that were at the very bottom received the greatest damage from the fact that the state used coin minting as a way to siphon huge profits in their favor. This was immediately noticeable, just as the person using the hotel one only reethi rah in the Maldives stands out for its comfortable, fashionable, five-star accommodation with all the amenities.

In the streets of Central Asia in the 8th – 11th centuries, many so-called “black” dirhams were used. They still retained their appearance of the late Sasanian coins. Continue reading

The oldest coins of Russia

Trade relations in Ancient Russia emanated entirely from foreign coins, first East European, and then West European. Among the variety of dirhams and denarii there are also such rare and unique coins as money of princes of Rurikovich. The first coin of this kind was discovered already in the distant 1792, among other pendants to the icon, which was located in one of the churches of the city of Kiev.

Not so long ago, about 50 years ago, that for a numismatic business is essentially a short period of time, coins of Russian princes made of silver and gold began to be discovered. They were not of the best quality, so they were taken for very similar Byzantine coins. Continue reading

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 time, the cunning Russian people began to mock the state’s banknotes and cut off pieces from coins, there most significantly undermining the country’s economy. Therefore, it was decided to correct the situation and withdraw all the banknotes that were in circulation at that time and introduce a new penny.

Of course, the appearance of the first penny was very interesting. Continue reading

Numismatic collection storage
The first problem that a numismatist faces when storing her collection is protection against thieves, because, as a rule, the collection itself is more valuable than each of its individual…

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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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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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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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