World Paper Money and Coins: America’s First Mint World paper money and coins come from national banks and mints from around the world. Some numismatists specifically seek out collectable coins and bills from countries around the world, including the United States. It was approximately 10 years after the U.S. gained its independence and five years after it ratified its Constitution that it established its first mint, and the first coins it produced looked very different from the ones the U.S. Mint produces today. What Happened Before the Establishment of America’s First Mint? During the colonial period, the colonies that eventually…
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When most people think about collecting currency, coins are typically the first thing to come to mind. However, paper money’s rich and diverse past makes it popular with collectors, as well. Canadian paper money holds an especially important distinction in the history of the world’s paper money. As societies begin to consider transitioning to cashless economies, preserving and appreciating paper money is more important than ever. Chinese Paper Money Early societies evolved from a system of gifts and debts as the means of exchange to one in which commodities, like shells or barley, were used as money. The Chinese appear…
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Collecting of any kind requires a commitment, and that commitment needs to be motivated by interest. Your interest in world coins or foreign coin collecting does not need to make sense to anyone but you. Think of a child collecting rocks, going out in their front yard, and picking up colourful stones that have no real value except for the excitement and joy it brings to them. Coins do have value, but more important is the pleasure they bring to you as a collector. (and don’t worry, it makes sense to us too). Why You Might Want to Collect World…
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