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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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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Old Russian monetary system
For quite a long time, the fact has been noticed that treasures belonging to the period from the 9th to the 11th century contain quite a lot of fragments and…

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penny made

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 exchanged for one rooster, two lambs for one sheep, and so on. Even though the territories of the countries were not disturbed by any crusades, every society needed money.

In Western Europe, there was a fairly large number of mints. Each duke and bishop sought to build their own coin shop. Therefore, quite often, in one city there could be several coin shops. Continue reading

Novice Guide

The most difficult thing in any business is to start. An experienced person does not ask such questions, he already knows everything and intuitively performs the necessary actions. From the most difficult to elementary. But for a beginner, just a titanic effort is to make even the easiest thing. And all this because of insecurity. The same thing happens in a hobby called numismatics.

What is numismatics? This is a collection of coins. Nothing more to say. It is clear that this is not a collection of coins in your wallet after putting on the subway, but a collection of ancient and valuable coins from different historical periods. 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

Recovery of monetary business in Russia
After a rather long period of coin-less commodity circulation, in 1380 under the Grand Duke Dmitry Donskoy, the coins regained their function. In addition, the revival of the coin case…

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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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Gold coin collecting
Since ancient times, gold coins are a unique collectible item. You can browse through many special catalogs in which hundreds, or even thousands of coins are counted. Such coins have…

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Coin Cabinet
Have you ever thought, respected coin collectors and just collectors, over where is the largest collection of coins in the world? Surely most of you imagined a world famous collector…

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