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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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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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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many so-called “black” dirham

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

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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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…

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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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The first banknotes of the Northern Black Sea coast
In the early stages, after the settlement of settlements by Greek colonists in the Northern Black Sea region, exchange and trade with local tribes were conducted by means of “barter”…

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