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
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
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 metal, and gold coins are the most precious in human life.
In general, gold marked the beginning of the monetary system, as we now know about it. After all, before gold was used only as a material for the manufacture of any jewelry, when there was still a natural exchange. Then he went to the minting of coins. Continue reading
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 that time, Norway was referred to as the Kingdom of Norway. A little later, in 1932, the USSR were able to rent a number of islands. In particular, this concerned two villages – the Pyramid and Barentsburg. These villages were of interest to the Soviet Union, since there was a very large coal deposit there. And the infrastructure was built in the form of fairly modern mines.
Coal mining was entrusted to a state-owned company called Arktikugol. Recall that in the Soviet Union there were no private companies, only state-owned. Continue reading
From Pushkin to Gagarin
The once popular bimetallic commemorative 10-ruble coins are now fading into the background. For some reason, collectors have recently become more interested in commemorative coins made of non-precious metals.
One of the first commemorative coins was 1 ruble, issued by the Central Bank in 1999. The coin is dedicated to the memory of Alexander Sergeyevich Pushkin, and was dedicated to the 200th anniversary of his birth. The obverse of a commemorative coin is no different from the usual ruble. Continue reading
