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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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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Medicine on coins and bons
Medicine has almost always been in any state on one of the first places, and such a manifestation can be seen on many antiquities, for example, on the same coins…

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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

Peter I reform
Everyone knows that Peter the Great was a great reformer. Among his innovations, we can highlight the fact that he first came up with the idea to celebrate the New…

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Without coins
Starting from the 12th century, and then almost for almost three hundred years, there was a period without the use of coins in the territory of Ancient Russia. The whole…

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Coins of the island of Svalbard
A little story of a small place. Svalbard is a set of islands that are located in the area of ​​the Arctic Ocean. In 1920, these islands joined Norway. At…

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Museum collections. On the threshold of a new time
The onset of the new era and the full-scale development of trade relations and entrepreneurship connected with this event demanded stable money that would not be so diverse in weight…

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