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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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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Coin cleaning rules
No matter what metal coins are made of, there are a number of general rules that must be observed when cleaning their surface from contamination. In no case do not…

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Coin Albums
Many numismatists with a sense of satisfaction recall the old days when, when they were engaged in collecting coins, they could buy albums for coins in almost any store in…

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same time

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

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…

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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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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…

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