After the minting of the first coins was mastered, it is necessary to somehow simplify this rather complicated procedure. And the solution was soon found and put into practice. Approximately around the first century before the beginning of our era, the method of minting coins had the following form: a round billet, usually obtained by casting, was inserted between two sections of a stamp, with the lower part of the stamping device being stationary, and the upper part could be closed and opened. After the blank was nested, the upper part was closed, and it was hit with a hammer, as a result, the image from the stamp was transferred to the blank, and the coin acquired its true purpose, and from that time it was considered a real and valuable money sign. Continue reading
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 of Russia never placed the date of manufacture, and the place where the chasing was made.
Quite a lot of difficulties arise due to the illegibility and the complex contraction of monetary legends. For example, in the 18th century, most medieval coins were attributed to some kind of Igor. Continue reading
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 and trial.
Monarchs ruling in the 17th and 18th centuries also needed reliable money in order to pay mercenaries to armies, buy goods of luxury and wealth, and also conduct external trade relations, which began to gain new circulation. Continue reading