1797:
2884:
2157:, 1797–1821), the dramatically increased demand for bank notes slowly forced the banks to refine the technologies employed. In 1801, watermarks, which previously were straight lines, became wavy—an idea of William Brewer, a watermark mould maker. This made counterfeiting bank notes harder still, at least in the short term, and in 1803 the number of forged bank notes fell to just 3000, compared to 5000 the previous year. Banks asked skilled engravers and artists to help them make their notes more difficult to counterfeit during the same time period, which historians refer to as "the search for the inimitable banknote." During this time, bank notes also began to be double-sided and have more intricate patterns.
541:
1534:. In the beginning, these were personally registered, but they soon became a written order to pay the amount to whoever had it in their possession. These notes are seen as a predecessor to regular banknotes by some but are mainly thought of as proto bills of exchange and cheques. The term "bank note" comes from the notes of the bank ("nota di banco") and dates from the 14th century; it originally recognized the right of the holder of the note to collect the precious metal (usually gold or silver) deposited with a banker (via a currency account). In the 14th century, it was used in every part of Europe and in Italian city-state merchants colonies outside of
2817:
2848:
2864:
1679:
1446:
1304:
1822:
2142:: this involved engraving a copper plate by hand and then covering it in ink to print the bank notes. Only with this technique, at that time, could one force the paper into the lines of the engraving to make suitable banknotes. Another difficulty in counterfeiting banknotes was the paper, as the type of paper used for banknotes was rather different from the paper commercially available at that time. Despite this, some forgers successfully forged notes by dealing with and consulting paper makers, in order to make a similar kind of paper themselves. Furthermore,
2469:
2832:
3029:
473:
1632:
2127:
because historians tend to be more interested in a theoretical understanding of how money worked rather than how it was produced. The first great deterrent against counterfeiting was the death penalty for forgers, but this was not enough to stop the rise of counterfeiting. Over the 18th century, far fewer banknotes were circulating in
England compared to the boom of bank notes in the 19th century; because of this, improved note-making techniques were not considered a compelling issue.
1932:
57:
2910:(IBNS) are security systems which render banknotes unusable by marking them permanently as stolen with a degradation agent. Marked (stained) banknotes cannot be brought back into circulation easily and can be linked to the crime scene. Today's most used degradation agent is a special security ink which cannot be removed from the banknote easily and not without destroying the banknote itself, but other agents also exist. Today IBNSs are used to protect banknotes in
3017:
the risk of being considered a counterfeit. But in cases where realism is the goal, other steps may be necessary. For example, in the stack of banknotes seat mentioned earlier, the decal used to create the product would be considered counterfeit. However, once the decal has been affixed to the resin stack shell and cannot be peeled off, the final product is no longer at risk of being classified as counterfeit, even though the resulting appearance is realistic.
2715:
2032:
1702:, the bank began issuing notes in 1695 with the promise to pay the bearer the value of the note on demand. They were initially handwritten to a precise amount and issued on deposit or as a loan. There was a gradual move toward the issuance of fixed denomination notes, and by 1745, standardized printed notes ranging from £20 to £1,000 were being printed. Fully printed notes that did not require the name of the payee and the cashier's
1745:
2087:
2995:
practice seemed to fuel a sharp rise in overall awareness of paper money in the numismatic community. The emergence of currency third party grading services (similar to services that grade and "slab", or encapsulate, coins) also may have increased collector and investor interest in notes. Entire advanced collections are often sold at one time, and to this day, single auctions can generate millions in gross sales. Today,
1551:
2247:
5872:
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1953:
which they could be transferred and the confidence that people had in the capacity of the bank to settle the notes in coin if presented, they became a popular means of exchange in their own right. They now make up a very small proportion of the "money" that people think that they have, as demand deposit bank accounts and electronic payments have negated much of the need to carry notes and coins.
485:
1616:. The heavy weight of the new coins encouraged merchants to deposit it in exchange for receipts. These became banknotes when the manager of the bank decoupled the rate of note issue from the bank currency reserves. Three years later, the bank went bankrupt after rapidly increasing the artificial money supply through the large-scale printing of paper money. A new bank, the
1814:
banknotes before there was a national currency; however, these became subject to government authorization from 1863 to 1932. In the last of these series, the issuing bank would stamp its name and promise to pay, along with the signatures of its president and cashier on a preprinted note. By this time, the notes were standardized in appearance and not too different from
2929:(DICE) is a security technology introduced in 2014 by the British company EDAQS that devalues banknotes remotely that are illegal or have been stolen. The technology is based on identifiable banknotes—that could be an RFID chip or a barcode—and connects to a digital security system to verify the validity of the banknote. The company claims that the banknotes are
1422:. The original notes were restricted by area and duration, as in the Song dynasty, but in the later years, facing massive shortages of specie to fund their rule, the paper money began to be issued without restrictions on duration. The fact that the state was guaranteeing the Chinese paper money impressed Venetian merchants.
1292:
2982:, the hobby is slowly expanding. Prior to the 1990s, currency collecting was a relatively small adjunct to coin collecting, but currency auctions and greater public awareness of paper money have caused more interest in rare banknotes and consequently their increased value. The most valuable banknote is the
3016:
Manufacturers of these items must take into consideration when creating these products whether the product could be construed as counterfeiting. Overlapping note images and/or changing the dimensions of the reproduction to be at least 50% smaller or 50% larger than the original are some ways to avoid
2700:
were designed to recognize banknotes of smaller values long after they were designed to recognize coins distinct from slugs. This capability has become inescapable in economies where inflation has not been followed by introduction of progressively larger coin denominations (such as the United States,
2012:
Cost of acceptance. Coins can be checked for authenticity by weighing and other forms of examination and testing. These costs can be significant, but good quality coin design and manufacturing can help reduce these costs. Banknotes also have an acceptance cost – the expense of checking the banknote's
1952:
to certify their substance were widely used as a medium of exchange. The value that people attributed to coins was originally based upon the value of the metal unless they were token issues or had been debased. Banknotes were originally a claim for the coins held by the bank, but due to the ease with
1406:
Between 1265 and 1274, the late southern Song government introduced a gold- or silver-backed national paper currency standard, which changed the geographic restriction. The range of varying values for these banknotes was perhaps from one string of cash to one hundred at the most. Ever after 1107, the
1402:
The workforce employed in these paper money factories was quite large; it was recorded in 1175 that the factory at
Hangzhou alone employed more than a thousand workers a day. However, the government issues of paper money were not yet nationwide standards of currency at that point; issues of banknotes
2947:
and other illegal drugs, it is not uncommon for innocent people searched at airports or stopped for traffic violations to have cash in their possession sniffed by dogs for drugs and then have the cash seized because the dog smelled drugs on the money. It is then up to the owner of the money to prove
2160:
The ease with which paper money can be created, by both legitimate authorities and counterfeiters, has led to a temptation in times of crisis such as war or revolution, or merely a spendthrift government, to produce paper money which was not supported by precious metal or other goods; this often led
1997:
Manufacturing or issue costs. Coins are produced by industrial manufacturing methods that process the precious, semi-precious, or other metals, and require additions of alloy for hardness and wear resistance. By contrast, bank notes are printed paper (or polymer), and typically have a higher cost of
1441:
would issue notes to pilgrims. Pilgrims would deposit valuables with a local
Templar preceptory before embarking for the Holy Land and receive a document indicating the value of their deposit. They would then use that document upon arrival in the Holy Land to receive funds from the treasury of equal
2994:
For years, the mode of collecting banknotes was through a handful of mail order dealers who issued price lists and catalogs. In the early 1990s, it became more common for rare notes to be sold at various coin and currency shows via auction. The illustrated catalogs and "event nature" of the auction
1975:
Discounting to face value: Before national currencies and efficient clearing houses, banknotes were only redeemable at face value at the issuing bank. Even a branch bank could discount notes of other branches of the same bank. The discounts usually increased with distance from the issuing bank. The
1386:
decided to lessen the amount of paper taken in the tribute quota because it was causing detrimental effects and creating heavy burdens on the people of the region. However, the government still needed masses of paper products for the exchange certificates and the state's new issuing of paper money.
2618:
in which the orientation has been changed from the conventional horizontal orientation to a vertical orientation. Dowling Duncan, a self-touted multidisciplinary design studio, conducted a study in which they determined people tend to handle and deal with money vertically rather than horizontally,
1500:
causes all payments on his own account to be made; and he makes them to pass current universally over all his kingdoms and provinces and territories, and whithersoever his power and sovereignty extends... and indeed everybody takes them readily, for wheresoever a person may go throughout the Great
1358:
The central government soon observed the economic advantages of printing paper money, issuing a monopoly for the issue of these certificates of deposit to several deposit shops. By the early 12th century, the amount of banknotes issued in a single year amounted to an annual rate of 26 million
1335:
in large commercial transactions. Before these notes, circular coins with a rectangular hole in the middle were used. Multiple coins could be strung together on a rope. Merchants found that the strings were too heavy to carry around easily, especially for large transactions. To solve this problem,
4542:
Although historically not the case, these days banknotes are usually issued only by the central bank. This is broadly the case in all CPSS economies, except Hong Kong SAR, where banknotes are issued by three commercial banks. Singapore and the United
Kingdom are more limited exceptions. Singapore
3012:
The universal appeal and instant recognition of bank notes have resulted in a plethora of novelty merchandise that is designed to have the appearance of paper currency. These items cover nearly every class of product. Cloth material printed with banknote patterns is used for clothing, bed linens,
2126:
The characteristics of banknotes, their materials and production techniques (as well as their development over history) are topics that are not usually thoroughly examined by historians, even though there are now a number of works detailing how bank notes were actually constructed. This is mostly
1813:
for the issue of banknotes. However, this is not always the case, and historically, private banks frequently handled all of a country's paper currency. Thus, many different banks or institutions may have issued banknotes in a given country. Commercial banks in the United States had legally issued
1643:
The idea that social and legal consensus determines what constitutes money is the foundation of modern banknotes. A gold coin's value is simply a reflection of the supply and demand mechanism of a society exchanging goods in a free market, as opposed to stemming from any intrinsic property of the
4860:
quote="Detailed discussion of the material characteristics of Bank Notes, as well as the methods used in their construction, have therefore tended to constitute merely a footnote in historical works that have often prioritised both contemporary and modern theoretical understandings of money and
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popular in general circulation have largely failed). The existing infrastructure of such machines presents one of the difficulties in changing the design of these banknotes to make them less counterfeitable, that is, by adding additional features so easily discernible by people that they would
1968:. The durability of coins means that even if metal coins melt in a fire or are submerged under the sea for hundreds of years, they still have some value when they are recovered. Gold coins salvaged from shipwrecks retain almost all of their original appearance, but silver coins slowly corrode.
2999:
has surpassed auctions in terms of the highest volume of sales of banknotes. However, rare banknotes still sell for much less than comparable rare coins. This disparity is diminishing as paper money prices continue to rise. A few rare and historical banknotes have sold for more than a million
2077:
and thread are incorporated during the paper forming process. The thread is a simple-looking security component found in most banknotes. It is, however, often rather complex in construction, comprising fluorescent, magnetic, metallic, and microprint elements. By combining it with watermarking
2510:
produced a number of silk, leather, velvet, linen and wood issues. These issues were produced primarily for collectors, rather than for circulation. They are in demand by collectors. Banknotes printed on cloth include a number of
Communist Revolutionary issues in China from areas such as
2749:
with security level P-5 (pieces smaller than 30 mm) according to the standard DIN 66399–2. This small size decomposes a banknote into typically more than 500 tiny pieces and rules out reconstruction like a jigsaw puzzle because the shreds from many banknotes are commingled.
2051:, or other textile fibres. Generally, the paper used is different from ordinary paper: it is much more resilient, resists wear and tear (the average life of a paper banknote is two years), and also does not contain the usual agents that make ordinary paper glow slightly under
4547:, a government agency, although following the merger of the Board into the MAS in October 2002 this is no longer the case. In the United Kingdom, Scottish banks retain the right to issue banknotes alongside those of the Bank of England and three banks currently still do so.
2933:
and contribute to solving cash-related problems as well as fighting crime and terrorism. On a related note, governments consider the DICE benefits to be a driving force behind the progressive abolition of cash because they cover and resolve almost all cash-related issues.
1592:
system, depositors began to ask for multiple receipts to be made out in smaller, fixed denominations for use as money. The receipts soon became a written order to pay the amount to whoever had possession of the note. These notes are credited as the first modern banknotes.
1542:("lettera di cambio"), that is, a promissory note based on a virtual currency account (usually a coin no longer physically existing), was used more often. All physical currencies were physically related to this virtual currency; this instrument also served as credit.
987:(usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by
2122:
When paper bank notes were first introduced in
England, they resulted in a dramatic rise in counterfeiting. The attempts by the Bank of England and the Royal Mint to stamp out currency crime led to new policing strategies, including the increased use of entrapment.
2306:(plastic), and in 1996, Australia became the first country to have a full set of circulating polymer banknotes of all denominations, completely replacing its paper banknotes. Since then, many other countries have adopted circulating polymer banknotes, including
2005:
by wear, since, even if they are in poor condition, they are still a legally valid claim on the issuing bank. However, banks of issue do have to pay the cost of replacing banknotes in poor condition, and paper and even polymer notes wear out much faster than
1922:
As with any printing, there is also a chance for banknotes to have printing errors. For U.S. banknotes, these errors can include board break errors, butterfly fold errors, cutting errors, dual denomination errors, fold over errors, and misalignment errors.
1976:
discount also depended on the perceived safety of the bank. When banks failed, the notes were usually partly redeemed out of reserves, but they sometimes became worthless. The problem of discounting within a country does not exist with national currencies.
1787:
in 1921. At the same time, the Bank of
England was restricted to issue new banknotes only if they were 100% backed by gold or up to £14 million in government debt. The Act gave the Bank of England an effective monopoly over the note issue from 1928.
1144:
from a contract of bailment if the notary denied the existence of the contract. Law 124 stipulated that a depositor with a notarized contract of bailment was entitled to redeem the entire value of their deposit, and Law 125 stipulated that a banker was
2956:(39 F.3d 1039 63 USLW 2351, No. 92-55919) that the widespread presence of illegal substances on paper currency in the Los Angeles area created a situation where the reaction of a drug-sniffing dog would not create probable cause for civil forfeiture.
1336:
coins could be left with a trusted person, with the merchant being given a slip of paper (the receipt) recording how much money they had deposited with that person. Their coins would be restored when they went back and gave that person the paper.
2942:
In the United States, there are many laws that allow the confiscation of cash and other assets from the bearer if there is suspicion that the money came from an illegal activity. Because a significant amount of U.S. currency contains traces of
2082:
group in the UK. Other related methods include watermarking to reduce the number of corner folds by strengthening this part of the note. Varnishing and coatings reduce the accumulation of dirt on the note for longer durability in circulation.
2883:
2776:, it checks the individual notes to determine whether they are fit for future circulation. About one-third of the notes that the Fed receives are unfit, and the Fed destroys them. US dollar banknotes last an average of more than five years.
2792:
In the US, the nickname "Fed Shreds" refers to paper money which has been shredded after becoming unfit for circulation. Although these shredded banknotes are generally landfilled, they are sometimes sold or given away in small bags as
1943:
banknotes for several months before cruzado novo banknotes were printed and issued. Banknotes can be overstamped with new denominations, typically when a country converts to a new currency at an even, fixed exchange rate (in this case,
2847:
2078:
technology, the thread can be made to surface periodically on one side only. This is known as windowed thread and further increases the counterfeit resistance of the banknote paper. This process was invented by
Portals, part of the
2863:
4873:
quote="The technologies employed by the Bank in the making of its notes were ones that altered very little throughout the course of the long eighteenth century, with major changes not occurring until well after the close of this
3904:
The
Mongols adopted the Jin and Song practice of issuing paper money, and the earliest European account of paper money is the detailed description given by Marco Polo, who claimed to have served at the court of the Yuan dynasty
1578:
of the document rather than the original depositor. This meant that the note could be used as currency based on the security of the goldsmith, not the account holder of the goldsmith-banker. The bankers also began issuing a
3013:
curtains, upholstery, and more. Acrylic paperweights and even toilet seats with bank notes embedded inside are also common. Items that resemble stacks of bank notes and can be used as a seat or ottoman are also available.
1347:. By 960, the Song government was short of copper for striking coins, and issued the first generally circulating notes. These notes were a promise by the ruler to redeem them later for some other object of value, usually
1225:
In Europe, cloth banknotes were in use in Praga in 960 and as part of the banking scheme of the
Knights Templars around 1150. The first short-lived attempt at issuing banknotes in Europen by a central bank was in 1661 by
1964:, meaning that the bank may not be able to make payment when the note was presented. Notes issued by central banks had a theoretical risk when they were backed by gold and silver. Both banknotes and coins are subject to
3716:
The introduction of paper money into Europe by Napoleon in the early 1800s, and of other valuable documents such as bearer securities and passports, kicked off a battle between security printers and counterfeiters
2783:
Types of contaminants include: notes found on a corpse, stagnant water, contaminated by human or animal body fluids such as urine, feces, vomit, infectious blood, fine hazardous powders from detonated explosives,
1587:
used for centuries in places like St. Giles Fair, however, done in this way, it was able to directly expand the expansion of the supply of circulating money. As these receipts were increasingly used in the money
3003:
There are many different organizations and societies around the world for the hobby, including the International Bank Note Society (IBNS), which currently asserts to have around 2,000 members in 90 countries.
2055:
light. Unlike most printing and writing paper, banknote paper is infused with polyvinyl alcohol or gelatin, instead of water, to give it extra strength. Early Chinese banknotes were printed on paper made of
1800:
Collage for banknote design with annotations and additions to show proposed changes (figure rather higher so as to allow room for the No.), Bank of Manchester, UK, 1833. On display at the British Museum in
1241:
Cash paper money originated as receipts for value held on account "value received", and should not be conflated with promissory "sight bills," which were issued with a promise to convert at a later date.
5073:
2017:
The different advantages and disadvantages of coins and banknotes imply that there may be an ongoing role for both forms of bearer money, each being used where its advantages outweigh its disadvantages.
2740:
machine to assess their authenticity and fitness for circulation, or may be classified unfit for circulation if they are worn, dirty, soiled, damaged, mutilated or torn. Unfit notes are returned to the
2816:
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1604:. These replaced the copper-plates being used instead as a means of payment. The peculiar circumstances of the Swedish coin supply were what led to this banknote issue. Cheap foreign imports of
2009:
Cost of transport. Coins can be expensive to transport for high value transactions, but banknotes can be issued in large denominations that are much lighter than the equivalent value in coins.
1796:
1501:
Kaan's dominions he shall find these pieces of paper current, and shall be able to transact all sales and purchases of goods by means of them just as well as if they were coins of pure gold
2831:
1407:
government printed money in no less than six ink colors and printed notes with intricate designs and sometimes even with mixture of a unique fiber in the paper to combat counterfeiting.
3945:
The Travels of Marco Polo, a Venetian, in the Thirteenth Century: Being a Description, by that Early Traveller, of Remarkable Places and Things, in the Eastern Parts of the World
2146:
has also been used since banknotes first appeared; it involved the sewing of a thin wire frame into paper mould. Watermarks for notes were first used in 1697, by Rice Watkins, a
1583:
in the form of loans, on the assumption that they would not have to redeem all of their issued banknotes at the same time. This was a natural extension of debt-based issuance of
5332:
5178:
2228:) to a paper banknote in the history of banknote printing. The application of optical features is now common throughout the world. Many countries' banknotes now have embedded
1990:. Numerous banks and nations have incorporated many types of countermeasures in order to keep the money secure. However, extremely sophisticated counterfeit notes known as
1496:
All these pieces of paper are, issued with as much solemnity and authority as if they were of pure gold or silver... with these pieces of paper, made as I have described,
1829:
In a small number of countries, private banknote issuing continues to this day. For example, by virtue of the complex constitutional setup in the United Kingdom, certain
5689:
2465:
Over the years, a number of materials other than paper have been used to print banknotes. This includes various textiles, including silk, and materials such as leather.
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2150:
paper maker. Watermarks and special paper made it harder and more expensive to forge banknotes, since more complex and expensive paper-making machines were needed.
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2779:
Contaminated banknotes are also decommissioned and removed from circulation, primarily to prevent the spread of diseases. A Canadian government report indicates:
3410:
3258:
2286:. These early plastic notes were plagued with issues such as ink wearing off, and they were discontinued. In 1988, after significant research and development in
5065:
4544:
1912:
4965:
Liao C; Liu F; Kannan K (2012). "Bisphenol S, a New Bisphenol Analogue, in Paper Products and Currency Bills and Its Association with Bisphenol A Residues".
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Silk and other fibers have been commonly used in the manufacture of various banknote papers, intended to provide both additional durability and security.
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2907:
2591:
were used for currency in France in the early 19th century, and in French Canada from 1685 until 1757, the Colony of Louisiana, Dutch Guiana, and in the
1163:
was purported to have issued bank notes on parchment or leather before 146 BC. Hence Carthage may be the oldest user of lightweight promissory notes. In
4387:
1489:
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Originally, the banknote was simply a promise to the bearer that they could redeem it for its value in specie, but in 1833, the second in a series of
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fibers, together with 25% linen, are the material of the banknotes in the United States. Leather banknotes (or coins) were issued in a number of
2138:, and they were single-sided. Note-making technologies remained largely unchanged during the 18th century. The first banknotes were produced by
1956:
Banknotes have a natural advantage over coins in that they are lighter to carry; but they are also less durable than coins. Banknotes issued by
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when they presented banknotes for payment. This practice of "backing" notes with something of substance is the basis for the history of
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in large commercial transactions. Although government issued centralized paper money did not appear until the 11th century, during the
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1265:, for example, from the late 1600s onwards. With the removal of precious metals from the monetary system, banknotes evolved into pure
843:
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5672:"They are Exactly as Banknotes are": Perceptions and Technologies of Bank Note Forgery During the Bank Restriction Period, 1797–1821
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1530:, because of the insecurity and impracticality of transporting large sums of cash over long distances, money traders started using
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were limited to regional areas of the empire, and were valid for use only in a designated and temporary limit of three years.
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1438:
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147:
115:
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has printed the reverse of its banknotes vertically. Between 1993 and 2013, Brazil has printed banknotes of 5000 and 50000
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Until the mid-nineteenth century, commercial banks were able to issue their own banknotes, and notes issued by provincial
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132:
122:
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For the printing of paper money alone, the Song government established several government-run factories in the cities of
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series of banknotes has the obverse in traditional horizontal layout, while the reverse is in vertical format. The 2018
276:
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1644:
metal. By the late 17th century, this new conceptual outlook helped to stimulate the issue of banknotes. The economist
1359:
strings of cash coins. By the 1120s, the central government started to produce its own state-issued paper money (using
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301:
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185:
127:
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for secure online destruction by high-speed banknote sorting machines using a cross-cut shredder device similar to a
2094:, vary the sizes of their banknotes by denomination. This is done so that they may be told apart through touch alone.
1351:. The issue of credit notes was often for a limited duration, and at some discount to the promised amount later. The
1490:
How the Great Kaan Causeth the Bark of Trees, Made into Something Like Paper, to Pass for Money All Over his Country
5703:
2454:
2114:
which is composed of an inner layer of paper substrate with thin outer layers of plastic film for high durability.
1580:
1434:, small pieces of cloth were used as a means of trade, with these cloths having a set exchange rate versus silver.
1278:
617:
5429:"You Won a Lottery, Got an Award, or a Mystery Shopper Job and They Sent You a Check! Counterfeit Cashiers Checks"
5038:
4711:
1382:) alone would send 1,500,000 sheets of paper in seven different varieties to the capital at Kaifeng. In 1101, the
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1671:, an early form of paper currency distinct from banknotes, to fund military expenditures and for use as a common
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As well as commercial issuers, other organizations may have note-issuing powers; for example, until 2002, the
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immediately reject banknotes of inferior quality, for every machine in the country would have to be updated.
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5373:"Drug Dog's "Alert" to Cash Not Grounds for Forfeiture When Up to 75 percent of Currency Tainted With Drugs"
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The shift toward the use of these receipts as a means of payment took place in the mid-17th century, as the
1383:
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66:
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Famous shipwrecks from which valuable precious metals and coins were recovered in recent years include the
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1675:. By the 1760s, these bills of credit were used in the majority of transactions in the Thirteen Colonies.
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650:
396:
4347:
2647:
have adopted vertically oriented currency, though Cape Verde has now reverted to horizontal orientation.
6595:
6441:
6344:
6255:
6250:
6142:
5406:
4069:
3067:
2773:
1776:
1753:
965:
808:
264:
239:
5016:
4755:
2644:
5294:
2666:
series too has the obverse in traditional horizontal layout, while the reverse is in vertical format.
1931:
6021:
5841:
4974:
2170:
2166:
1815:
1710:
1683:
1258:
1179:
may have used a durable lightweight substance as promissory notes in 57 AD, which have been found in
866:
763:
572:
502:
36:
4585:
4325:
3983:
1779:, which established the modern central bank, restricted authorisation to issue new banknotes to the
6169:
2894:
2757:
compresses shredded paper material into a small cylindrical or rectangular form for disposal (e.g.
2737:
2727:
2632:
2603:
2399:
2174:
1897:
1714:
917:
219:
171:
3474:
975:
or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by
6580:
5931:
5726:
5153:
4622:
4497:
4037:
3669:
3439:
3357:
3205:
3117:
3034:
2331:
2217:
2111:
1672:
1609:
1475:
1360:
1235:
992:
848:
791:
645:
550:
532:
477:
365:
178:
103:
4785:
4285:
Taming Democracy: "The People," the Founders, and the Troubled Ending of the American Revolution
2948:
where the cash came from at his own expense. Many people simply forfeit the money. In 1994, the
1660:
56:
2714:
2572:
Other issues from 1923 were printed on wood, which was also used in Canada in 1763–1764 during
1014:
backing their currencies in gold or silver. Today, most national currencies have no backing in
6436:
6245:
6164:
6110:
6073:
5958:
5921:
5655:
5636:
5615:
5594:
5571:
5428:
4990:
4683:
4559:
4422:
4289:
4262:
4237:
4142:
4136:
4103:
4097:
4049:
4045:
4025:
4010:
4006:
3943:
3922:
3893:
3870:
3860:
3833:
3758:
3733:
3655:
3570:
3112:
2491:
2182:
2139:
2091:
1979:
1961:
1936:
1858:
1664:
1618:
1601:
1527:
1431:
1375:
1340:
1286:
1231:
1121:
1070:
1053:
1041:
898:
893:
254:
224:
214:
96:
5264:
5203:
2545:. A number of 19th-century issues are known in Germanic and Estonia, including the places of
2209:
to reflect political or economic changes that occur faster than new currency can be printed.
1002:, meaning that courts of law are required to recognize them as satisfactory payment of money
6359:
6147:
6132:
6077:
6028:
5990:
5980:
5358:
4982:
4838:
4828:
4626:. Shipwreck coins are highly collectible, and dealers sometimes post photos on the internet.
4489:
4458:
4174:
4029:
3825:
3349:
3197:
3057:
2979:
2800:
2697:
2651:
2431:
2367:
2299:
2251:
2241:
2031:
1908:
1842:
1761:
1597:
1567:
1566:, when relatively rapid gold inflation was causing a re-assessment of how money worked. The
1563:
1555:
1539:
1371:
1227:
1207:
1160:
1154:
1137:
1105:
1065:
980:
883:
878:
873:
711:
665:
660:
612:
602:
590:
333:
318:
244:
199:
3561:
Allen, Tony; Grant, R. G.; Parker, Philip; Celtel, Kay; Kramer, Ann; Weeks, Marcus (2022).
3505:
1845:) continue to print their own banknotes for domestic circulation, even though they are not
1245:
The perception of banknotes as money has evolved over time. Originally, money was based on
6544:
6127:
6055:
5985:
5963:
5936:
5762:
5734:
4082:
3307:
3102:
2915:
2538:
2524:
2391:
2043:
with a weight of 80 to 90 grams per square meter. The cotton is sometimes mixed with
1957:
1885:
1854:
1830:
1780:
1749:
1744:
1691:
1668:
1645:
1636:
1531:
1453:
1320:
1254:
1246:
1172:
1146:
1109:
976:
968:
903:
803:
778:
758:
746:
733:
723:
688:
640:
353:
296:
3489:
2494:
patented banknote paper with embedded silk threads in 1844 and has supplied paper to the
1861:; these notes are also usable as money (but not legal tender) in the rest of the UK (see
1648:
wrote that money "was an imaginary value made by a law for the convenience of exchange".
5325:"The Future of Banknotes & How One Company Is Working To Prevent A Cashless Economy"
4978:
4817:"How Criminal were the Irish? Bias in the Detection of London Currency Crime, 1797–1821"
4001:
Faure AP (6 April 2013). "Money Creation: Genesis 2: Goldsmith-Bankers and Bank Notes".
3468:
3337:
3185:
2086:
6559:
6240:
6154:
6137:
6122:
5768:
5609:
4415:
3566:
3298:
3097:
3062:
2807:
to form plastic products like building components, plumbing fittings, or compost bins.
2746:
2659:
2628:
2566:
2503:
2403:
2202:
2194:
2162:
2002:
1810:
1695:
1550:
1094:
1015:
888:
853:
798:
693:
683:
655:
562:
456:
328:
311:
306:
259:
154:
5454:
2722:
so badly damaged it has been torn in half. The note has later been repaired with tape.
2246:
1612:
to steadily increase the size of the copper coinage to maintain its value relative to
1026:
are used for lower valued monetary units, while banknotes are used for higher values.
6574:
6534:
6420:
6405:
6374:
6364:
6349:
6306:
6290:
5812:
5630:
5587:
5565:
4138:
An Economic History of Europe: Knowledge, Institutions and Growth, 600 to the Present
3854:
3829:
2949:
2769:
2733:
2677:
2669:
Early Chinese banknotes were also vertical, due to the direction of Chinese writing.
2655:
2624:
2427:
1987:
1721:
1652:
1098:
161:
2627:. They also note how money transactions are conducted vertically, not horizontally.
2602:(BPS), has been frequently used in the production of banknotes worldwide. BPS is an
1948:
Prior to the introduction of banknotes, precious or semiprecious metals minted into
1596:
The first short-lived attempt at issuing banknotes by a central bank was in 1661 by
6539:
6513:
6384:
6321:
6043:
6033:
5970:
5877:
4041:
3890:
The Origins of Value: The Financial Innovations that Created Modern Capital Markets
3393:
3293:
3241:
3048:
2762:
2742:
2040:
1983:
1850:
1806:
1784:
1775:
companies were the common form of currency throughout England, outside London. The
1765:
1713:
helped establish banknotes as a formal currency in France, after the wars waged by
1639:
Charter (1694). The bank began the first permanent issue of banknotes a year later.
1479:
1411:
1344:
1316:
1219:
1195:
1191:
1176:
1011:
999:
988:
984:
597:
489:
377:
372:
323:
5234:
5096:"New $ 10 bank note featuring Viola Desmond unveiled on International Women's Day"
4833:
4816:
3689:
2502:
issues from a number of German towns in 1923 during a period of fiscal crisis and
1982:
paper notes has always been a problem, especially since the introduction of color
4283:
4231:
1998:
issue, especially in larger denominations, compared with coins of the same value.
17:
6549:
6503:
6316:
6270:
6265:
5943:
5897:
5849:
5796:
5791:
4480:
Horsefield, J. K. (November 1944). "The Origins of the Bank Charter Act, 1844".
4417:
The future of central banking: the tercentenary symposium of the Bank of England
3107:
2975:
2726:
Further information on the New York University scientific research project:
2719:
2685:
2640:
2599:
2592:
2450:
2375:
2359:
2271:
2206:
2098:
Another security feature is based on windows in the paper, which are covered by
2052:
1991:
1584:
1520:
1497:
1415:
1366:
Even before this point, the Song government was amassing large amounts of paper
1168:
1029:
753:
622:
444:
410:
44:
3984:"Sverige, Palmstruchska banken, Kreditsedel 10 daler silvermynt, 17 april 1666"
1006:. Historically, banks sought to ensure that they could always pay customers in
6508:
6354:
6336:
6285:
6105:
6093:
5893:
5867:
5750:
5744:
5147:
4409:
Capie, Forrest; Fischer, Stanley; Goodhart, Charles; Schnadt, Norbert (1994).
3072:
3024:
2595:
in the beginning of the 19th century, and again in Germany after World War I.
2588:
2307:
2259:
1889:
1846:
1506:
1471:
1449:
1328:
1266:
1019:
773:
768:
698:
427:
4930:
3730:
Monetary Regimes and Inflation: History, Economic and Political Relationships
2498:
since 1879. Banknotes printed on pure silk "paper" include "emergency money"
1623:
was established in 1668, but did not issue banknotes until the 19th century.
1022:. With the exception of non-circulating high-value or precious metal issues,
6554:
6477:
6472:
6446:
6280:
6275:
6083:
4725:
3874:
3381:
3333:
3289:
3229:
3181:
3122:
2971:
2965:
2870:
2838:
2804:
2754:
2516:
2507:
2387:
2339:
2335:
2327:
2287:
2229:
2147:
2143:
2079:
2074:
1965:
1873:
1703:
1211:
567:
384:
4994:
4636:
5534:
3856:
The Knights Templar: The History and Myths of the Legendary Military Order
6518:
6498:
6482:
6467:
6415:
6379:
6369:
6326:
6260:
5953:
5906:
5773:
4033:
2794:
2785:
2758:
2615:
2561:, and Woiseck. In addition to the Bielefeld issues, other German leather
2550:
2512:
2439:
2395:
2371:
2347:
2178:
2135:
2099:
2057:
1838:
1419:
1396:
1343:", developed from these promissory notes by the 11th century, during the
1129:
1102:
1090:
1045:
1037:
403:
108:
78:
3973:
De Geschiedenis van het Geld (the History of Money), 1992, Teleac, p. 96
3697:
Security Engineering: A Guide to Building Dependable Distributed Systems
1466:
In the 13th century, Chinese paper money of Mongol Yuan became known in
4501:
3398:
3246:
2944:
2930:
2606:
that is subject to human dermal absorption through handling banknotes.
2581:
2562:
2558:
2554:
2499:
2411:
2407:
2379:
2363:
2275:
2225:
2213:
1392:
1388:
1367:
1324:
1203:
1033:
828:
4986:
4843:
1581:
greater value of notes than the total value of their physical reserves
6410:
6311:
6235:
6016:
5975:
5926:
5818:
5785:
5695:
4519:
3592:
3590:
3588:
3586:
2530:
2435:
2423:
2418:. Other countries have issued commemorative polymer notes, including
2415:
2351:
2343:
2319:
2315:
2311:
2283:
2279:
2221:
1699:
1613:
1605:
1571:
1535:
1467:
1262:
1250:
1180:
1133:
1117:
1086:
1049:
432:
5066:"Canada unveils $ 10 bill featuring civil rights icon Viola Desmond"
4493:
1690:
The first bank to initiate the permanent issue of banknotes was the
2449:
Polymer banknotes were developed to improve durability and prevent
2013:
security features and confirming acceptability of the issuing bank.
1935:
When Brazil changed currencies in 1989, the 1000, 5000, and 10,000
1538:. For international payments, the more efficient and sophisticated
1291:
6213:
5888:
5824:
4410:
2713:
2546:
2534:
2520:
2467:
2419:
2383:
2355:
2323:
2267:
2263:
2245:
2085:
2067:
2066:) and other fibers are used in Japanese banknote paper (a kind of
2048:
2044:
2030:
1930:
1881:
1820:
1795:
1743:
1677:
1630:
1549:
1523:
1444:
1379:
1348:
1312:
1302:
1290:
1261:). But they were readily accepted—for convenience and security—in
1257:: a promise to pay someone in precious metal on presentation (see
1164:
1150:
718:
577:
451:
437:
420:
415:
6182:
5372:
3491:
The outline of history, being a plain history of life and mankind
2761:
or burning). Before the 1990s, unfit banknotes were destroyed by
2073:
Most banknotes are made using the mould-made process, in which a
1717:
left the country with a shortage of precious metals for coinage.
6462:
5995:
5948:
5779:
5756:
5632:
Daily Life in China on the Eve of the Mongol Invasion, 1250–1276
2996:
2890:
2110:
banknotes. Windows are also used with the Hybrid substrate from
2107:
1949:
1901:
1870:
Special Administrative Regions of the People's Republic of China
1772:
1651:
A temporary experiment of banknote issue was carried out by Sir
1370:. It was recorded that each year before 1101, the prefecture of
1125:
1113:
1082:
1078:
1023:
1007:
1003:
972:
360:
86:
6186:
5699:
5690:
Counterfeit money was a major problem in the 1850s – Pantagraph
2841:
notes with a typical size of less than 1.5 mm × 16 mm
2201:
of 1914 was worth 14,400 paper Kronen), the devaluation of the
2106:
for the higher denominations of the Europa series (ES2) of the
6230:
5830:
4637:"Virtual Shipwreck and Hoard Map by Daniel Frank Sedwick, LLC"
4233:
The Last Revolution: 1688 and the Creation of the Modern World
4220:, Volume 1, Issue 4 (American Economic Association, 1900) p.10
2102:
to make it very hard to copy. Such technology is applied as a
1809:
or treasury is generally solely responsible within a state or
1724:, there were early attempts at establishing a central bank in
1307:
A Yuan dynasty printing plate and banknote with Chinese words.
4218:
Currency and Banking in the Province of the Massachusetts-Bay
1825:
A $ 5 note issued by Citizens Bank of Louisiana in the 1850s.
1140:, and Law 123 stipulated that a banker was discharged of any
3536:"Ancient Roman IOUs Found Beneath Bloomberg's New London HQ"
2986:
issued in 1890 that was sold at an auction for $ 2,255,000.
2292:
Commonwealth Scientific and Industrial Research Organisation
1694:. Established in 1694 to raise money for the funding of the
4518:
Committee on Payment and Settlement Systems (August 2003).
3919:
History of the weksel: Bill of exchange and promissory note
2732:
A banknote is removed from circulation because of everyday
1048:
of banknotes. Fighting the counterfeiting of banknotes and
2772:
receives a cash deposit from a commercial bank or another
2278:
polymer (or plastic) banknotes; these were printed by the
2165:
and a loss of faith in the value of paper money, e.g. the
27:
Form of physical currency made of paper, cotton or polymer
4955:, Discovery Publishing House, New Delhi, 2009, pp. 26–27.
3369:
122. If anyone entrusts to ... have committed an offence.
3274:§100. ...he shall write down ... returns to his merchant.
1430:
According to a travelogue of a visit to Prague in 960 by
3790:
3788:
3786:
3607:
3605:
2035:
Obverse and reverse of an old American $ 100 note (1928)
1198:
dynasties, starting in the 7th century and were called "
3630:
3628:
3626:
3624:
3622:
3620:
3397:. Translated by Harper, Robert Francis (2nd ed.).
3245:. Translated by Harper, Robert Francis (2nd ed.).
2130:
In the 18th century, banknotes were produced mainly by
1915:, a government agency that was later taken over by the
1752:
gained a monopoly over the issue of banknotes with the
1319:(618–907). Merchants would issue what are today called
2954:
United States of America v. U.S. Currency, $ 30,060.00
2676:
featuring a portrait of Canadian civil rights pioneer
2515:, or Sinkiang, in the United Islamic Republic of East
2191:
individual states of the Confederate States of America
1939:
banknotes were overstamped and issued as 1, 5, and 10
4704:"The Banknote Lifecycle – from Design to Destruction"
3969:
3967:
2952:
Court of Appeals, Ninth Circuit, held in the case of
2537:, as well as in other times of emergency. During the
2519:
in 1933. Emergency money was also printed in 1902 on
5611:
East Asia: A Cultural, Social, and Political History
3217:
100. Anyone borrowing money shall ... his contract .
6527:
6491:
6455:
6429:
6393:
6335:
6299:
6223:
6004:
5887:
5840:
5805:
5733:
5652:
Science and Civilisation in China: Volume 5, Part 1
4884:
4882:
4880:
4520:"The Role of Central Bank Money in Payment Systems"
3888:William N. Goetzmann; K. Geert Rouwenhorst (2005).
3596:
2978:. Although generally not as widespread as coin and
1355:did not replace coins but was used alongside them.
1128:must present all articles and a signed contract of
5589:Columbia Chronologies of Asian History and Culture
5586:
4525:. Bank for International Settlements. p. 96.
4414:
2736:from its handling. Banknotes are passed through a
2619:especially when the currency is processed through
1872:, arrangements are similar to those in the UK; in
1783:, which would henceforth have sole control of the
1764:established that banknotes would be considered as
1667:followed in Massachusetts' wake and began issuing
1036:of banknotes, is an inherent challenge in issuing
4384:"£2 note issued by Evans, Jones, Davies & Co"
3441:Speeches of J.P. Jones: Money and Tariff, 1890–93
2853:Shredded and briquetted US dollar notes from the
2584:, wooden checkerboard pieces were used as money.
1888:are issued by two different commercial banks. In
1574:began to give out the receipts as payable to the
1478:. Marco Polo's account of paper money during the
1452:described the use of early banknotes in China to
1206:of deposit during the Tang dynasty (618–907), as
5175:Federal Reserve System Cash Product Office (CPO)
4756:"Security features. Europa series €100 banknote"
4099:The History of Money for Understanding Economics
2453:through incorporated security features, such as
1659:starting on December 20, 1690, to help fund the
5482:"2 Million Counterfeit Items Removed From EBay"
2781:
2118:History of counterfeiting and security measures
1876:, three commercial banks are licensed to issue
1554:The first paper money in Europe, issued by the
1494:
1311:The first banknote-type instrument was used in
5355:"International Society for Individual Liberty"
5168:"Fitness Guidelines for Federal Reserve Notes"
5152:(Motion picture). Agence France-Presse. 2012.
4024:Tymoigne, Eric; Wray, L. Randall (July 2005).
2039:Until recently, most banknotes were made from
998:National banknotes are often, but not always,
6198:
5711:
5098:(Press release). Bank of Canada. 8 March 2018
1913:Board of Commissioners of Currency, Singapore
1175:appeared in 118 BC and were made of leather.
925:
510:
8:
4665:
3142:
1238:issued paper banknotes in the early 1800s.
5149:Hungarians burn shredded money to stay warm
4141:. Cambridge University Press. p. 137.
3284:
3282:
2908:Intelligent banknote neutralisation systems
2903:Intelligent banknote neutralisation systems
2457:that are extremely difficult to reproduce.
1971:Other costs of using bearer money include:
1470:through the accounts of travelers, such as
6205:
6191:
6183:
5802:
5718:
5704:
5696:
5118:"Ulster Bank reveals 'vertical' banknotes"
5009:"Dowling Duncan redesign the US banknotes"
3674:: CS1 maint: location missing publisher (
3470:The Science of Money and American Finances
3426:§122. If a man give ... it from the thief.
2688:for 2019 were also presented in this way.
1600:, a predecessor of Sweden's central bank,
1230:, a predecessor of Sweden's central bank,
932:
918:
528:
517:
503:
31:
4842:
4832:
4543:dollar banknotes have been issued by the
4421:. Cambridge: Cambridge University Press.
3810:. Medieval Seminar, All Souls, 2012, p. 8
3690:"Chapter 12: Security Printing and Seals"
3652:Encyclopedia of American business history
2803:may be shredded and then melted down and
2205:in the 1990s, etc. Banknotes may also be
2153:In the early 19th century (the so-called
1857:, prints notes which are legal tender in
1482:is the subject of a chapter of his book,
1056:methods development in recent centuries.
4682:. New York, Toronto: Rinehart & Co.
4680:The Transportation Revolution, 1815–1860
2637:Organisation of Eastern Caribbean States
2224:), which is the first foil application (
1686:; leaf design by Benjamin Franklin, 1779
1186:However, the first known banknotes were
5593:. New York: Columbia University Press.
5567:A New Economic View of American History
4929:. Australian Government. Archived from
4449:Jeffrey A. Tucker (16 September 2010).
4288:. Oxford University Press. p. 17.
3892:. Oxford University Press. p. 94.
3794:
3777:
3757:. Oxford University Press. p. 85.
3732:. Edward Elgar Publishing. p. 53.
3354:Records of the Past Exploration Society
3302:. Translated by King, Leonard William.
3202:Records of the Past Exploration Society
3135:
2927:Dynamic Intelligent Currency Encryption
2922:Dynamic Intelligent Currency Encryption
2809:
2765:, with a higher risk of manipulations.
2680:is presented in a vertical format. The
1734:federal government of the United States
531:
43:
5564:Atack, Jeremy; Passell, Peter (1994).
5541:from the original on 28 September 2012
4967:Environmental Science & Technology
4562:. Banque Internationale à Luxembourg.
4513:
4511:
4078:
4067:
4056:from the original on 20 September 2022
3667:
3634:
3611:
2193:, the financing of World War I by the
1136:before depositing the articles with a
1018:or commodities and have value only by
6084:Commodity theory of money (Metallism)
5515:from the original on 8 September 2011
5480:Cyndy Aleo-Carreira (25 March 2009).
5265:"Currency Processing and Destruction"
5156:from the original on 2 November 2021.
5039:"2018 New Series Hong Kong Banknotes"
4766:from the original on 12 November 2018
4532:from the original on 9 September 2008
4261:(3rd ed.). Krause Publications.
3706:from the original on 11 December 2013
3645:
3643:
2877:(approx. 1000 pieces, 1 kg)
2857:(approx. 1000 pieces, 1 kg)
2824:Federal Reserve Bank of San Francisco
2569:, Osterwieck, Paderborn and Pößneck.
2185:, the paper currency produced by the
1853:anywhere. The UK's central bank, the
1740:Central bank issuance of legal tender
7:
5614:. Boston: Houghton Mifflin Company.
5488:from the original on 4 November 2011
5383:from the original on 11 October 2012
5335:from the original on 8 November 2020
5245:from the original on 16 October 2007
5204:"How Currency Gets into Circulation"
4411:"The development of central banking"
4364:from the original on 15 January 2013
3986:[Europe's first banknotes].
3386:"Code of Hammurabi, King of Babylon"
3338:"Code of Hammurabi, King of Babylon"
3294:"Code of Hammurabi, King of Babylon"
3234:"Code of Hammurabi, King of Babylon"
3186:"Code of Hammurabi, King of Babylon"
3158:. British Royal Mint. Archived from
1900:notes until the introduction of the
1249:. Banknotes were seen by some as an
824:Residential mortgage-backed security
5678:(PhD). University of Hertfordshire.
5461:from the original on 26 August 2011
5435:from the original on 13 August 2011
5233:Trichur, Rita (28 September 2007).
4348:"Currency and Bank Notes Act, 1928"
4185:from the original on 3 January 2014
4179:Cité de l’économie et de la monnaie
3859:. New York: Thunder's Mouth Press.
3597:Ebrey, Walthall & Palais (2006)
3516:from the original on 25 August 2017
2897:, Germany (approx. 1 kg)
2768:When a Federal Reserve Bank of the
1994:have been detected in recent years.
1732:, but it was only in 1862 that the
1299:, the world's earliest paper money.
1214:desired to avoid the heavy bulk of
819:Commercial mortgage-backed security
5455:"Forged German Treasure Banknotes"
4910:
4899:
4888:
4870:
4857:
4796:from the original on 13 April 2019
4736:from the original on 17 April 2018
4566:from the original on 27 April 2015
4545:Board of Commissioners of Currency
4236:. Random House. pp. 344–346.
3494:. New York: The Macmillan Company.
2001:Wear costs. Banknotes do not lose
1894:Banque Internationale à Luxembourg
1835:state's four constituent countries
844:Collateralized mortgage obligation
25:
6061:Akkadian standards of measurement
5692:(Bloomington, Illinois newspaper)
5214:from the original on 17 July 2019
5076:from the original on 8 March 2018
4647:from the original on 23 June 2012
4457:. Mises Institute. Archived from
4324:. Bank of England. Archived from
3416:from the original on 13 June 2021
3348:(3). Translated by Sommer, Otto.
3264:from the original on 13 June 2021
3196:(3). Translated by Sommer, Otto.
2960:Paper money collecting as a hobby
2938:Confiscation and asset forfeiture
1331:to avoid using the heavy bulk of
979:, which were legally required to
5870:
5608:Ebrey; Walthall; Palais (2006).
5570:. New York: W.W. Norton and Co.
5305:from the original on 9 July 2019
5275:from the original on 6 July 2019
5269:Federal Reserve Bank of New York
5208:Federal Reserve Bank of New York
5184:from the original on 9 July 2019
5128:from the original on 25 May 2018
5015:. 14 August 2010. Archived from
4438:– via LSE Research Online.
4386:. British Museum. Archived from
4302:from the original on 1 July 2023
4259:The Early Paper Money of America
4155:from the original on 1 July 2023
4116:from the original on 1 July 2023
4102:. Vincent Lannoye. p. 132.
3952:from the original on 1 July 2023
3830:10.1163/1877-5888_rpp_com_125078
3467:Moulton, Luther Vanhorn (1880).
3448:from the original on 1 July 2023
3314:from the original on 10 May 2021
3041:
3027:
2882:
2875:Federal Reserve Bank of New York
2862:
2855:Federal Reserve Bank of New York
2846:
2830:
2822:Fed Shreds as souvenir from the
2815:
2539:Russian administration of Alaska
2304:biaxially-oriented polypropylene
948: – also called a
539:
483:
471:
55:
5747:(W. Mesoamerica & N. Andes)
4596:from the original on 9 May 2018
4003:Social Science Research Network
2701:where several attempts to make
2682:Northern Irish £5 and £10 notes
2614:Vertical currency is a type of
2298:, Australia produced the first
1917:Monetary Authority of Singapore
1863:Banknotes of the pound sterling
1315:in the 7th century, during the
1052:has been a principal driver of
964: – is a type of
5654:. Cambridge University Press.
5235:"Bankers wipe out dirty money"
5064:Brett Bundale (8 March 2018).
4678:Taylor, George Rogers (1951).
4586:"Error Is Human: Part I – PMG"
4451:"Yesterday was a Historic Day"
4322:"A brief history of banknotes"
3473:. Co-operative Press. p.
2974:, is a slowly growing area of
2914:, retail machines, and during
2692:Vending machines and banknotes
1896:was entitled to issue its own
1418:, issued paper money known as
1202:". Its roots were in merchant
839:Collateralized fund obligation
834:Collateralized debt obligation
1:
6064:
6012:List of historical currencies
5917:Central bank digital currency
5635:. Stanford University Press.
4834:10.1080/03058034.2016.1270876
4732:. National Printing Bureau.
4726:"Banknote Production Process"
4175:"The first European banknote"
4026:"Money: An Alternative Story"
3538:. 1 June 2016. Archived from
3438:Jones, John Percival (1890).
3078:Hybrid paper-polymer banknote
2480:
2444:hybrid paper-polymer banknote
2187:Confederate States of America
2090:Many currencies, such as the
1657:Province of Massachusetts Bay
1074:
729:Initial public offering (IPO)
618:Over-the-counter market (OTC)
6118:Standard of deferred payment
5507:Bank Note (23 August 2011).
5457:. mebanknotes. 28 May 2008.
5043:Hong Kong Monetary Authority
4135:Karl Gunnar Persson (2010).
2541:, banknotes were printed on
2022:Materials used for banknotes
1927:Advantages and disadvantages
1736:, began to print banknotes.
1627:Permanent issue of banknotes
1149:for replacement of deposits
1108:. Law 122 stipulated that a
6586:Accounting source documents
5072:. Toronto Star Newspapers.
4889:Mockford, 2014; pp. 122–123
4858:Mockford, 2014; pp. 118–119
4786:"Hybrid Banknote Substrate"
3917:Moshenskyi, Sergii (2008).
3755:Technology: A World History
3753:Daniel R. Headrick (2009).
3650:Geisst, Charles R. (2005).
3403:University of Chicago Press
3251:University of Chicago Press
3093:List of people on banknotes
3088:List of motifs on banknotes
1546:Birth of European banknotes
1283:Economy of the Song dynasty
1042:anticounterfeiting measures
6622:
4666:Atack & Passell (1994)
3820:Sarnowsky, Jürgen (2011).
3563:Timelines of World History
3143:Atack & Passell (1994)
2963:
2725:
2696:In the late 20th century,
2664:Hong Kong dollar banknotes
2455:optically variable devices
2239:
1682:Fifty-five-dollar bill in
1339:True paper money, called "
1279:List of Chinese inventions
1276:
1063:
764:Exchange-traded fund (ETF)
5865:
5431:. Consumer Fraud Report.
5299:Reserve Bank of Australia
3156:"Legal Tender Guidelines"
2912:automated teller machines
2442:issued the world's first
2296:Reserve Bank of Australia
2280:American Banknote Company
1661:war effort against France
1512:The Travels of Marco Polo
1485:The Travels of Marco Polo
1459:The Travels of Marco Polo
1273:Early Chinese paper money
1077:1755–1750 BC) stipulated
1071:Code of Hammurabi Law 100
6101:Quantity theory of money
5922:Chattel/movable property
5650:Needham, Joseph (1986).
5629:Gernet, Jacques (1962).
5585:Bowman, John S. (2000).
5511:. World Record Academy.
4790:Papierfabrik Louisenthal
4257:Newman, Eric P. (1990).
4216:Andrew McFarland Davis,
4096:Vincent Lannoye (2011).
3654:. New York. p. 39.
2970:Banknote collecting, or
2889:Shredded and briquetted
2869:Shredded and briquetted
2565:from 1923 is known from
2523:shirt fabric during the
2473:Russian American Company
1777:Bank Charter Act of 1844
1754:Bank Charter Act of 1844
1706:first appeared in 1855.
1426:European early banknotes
1188:first developed in China
1122:chattel/movable property
814:Mortgage-backed security
5669:Mockford, Jack (2014).
4230:Patrick Dillon (2007).
3728:Peter Bernholz (2003).
2674:2018 Canadian $ 10 bill
2477:Alaskan parchment scrip
2155:Bank Restriction Period
1709:The Scottish economist
1655:as the governor of the
1384:Emperor Huizong of Song
608:Foreign exchange market
397:Commemorative banknotes
6160:Complementary currency
6089:Credit theory of money
6049:Depository institution
5535:"Introducing the IBNS"
4911:Mockford, 2014; p. 127
4900:Mockford, 2014; p. 126
4871:Mockford, 2014; p. 121
4815:Crymble, Adam (2018).
4355:www.legislation.gov.uk
4282:Bouton, Terry (2007).
4077:Cite journal requires
3506:"The History of Money"
2790:
2723:
2496:United States Treasury
2487:
2255:
2199:Austro-Hungarian krone
2132:copper-plate engraving
2095:
2063:Edgeworthia chrysantha
2036:
1945:
1878:Hong Kong dollar notes
1849:or declared in law as
1826:
1802:
1757:
1687:
1640:
1559:
1517:
1463:
1308:
1300:
954:North American English
651:Inflation-indexed bond
478:Numismatics portal
116:Circulating currencies
6601:Written communication
6345:Continuous stationery
6256:Corrugated fiberboard
6143:Digital gold currency
5509:"Long Beach Sale Set"
5013:Dowling | Duncan
4760:European Central Bank
3853:Martin, Sean (2004).
3488:Wells, H. G. (1921).
3068:Contaminated currency
2774:financial institution
2717:
2471:
2336:Hong Kong SAR (China)
2249:
2089:
2034:
1934:
1824:
1816:Federal Reserve Notes
1799:
1747:
1681:
1634:
1619:Riksens Ständers Bank
1553:
1448:
1306:
1294:
1040:. It is countered by
809:Asset-backed security
208:Historical currencies
49:the study of currency
6022:Coincidence of wants
5842:Representative money
4461:on 18 September 2010
4328:on 29 September 2013
4034:10.2139/ssrn.1009611
3948:. pp. 353–355.
3130:Notes and references
2610:Vertical orientation
2578:Hudson's Bay Company
2506:. Most notoriously,
2181:produced during the
2171:Continental Congress
2167:Continental Currency
1684:Continental currency
1259:representative money
993:monetary authorities
179:Fictional currencies
6170:Time-based currency
5177:. 7 February 2019.
4979:2012EnST...46.6515L
3942:Marco Polo (1818).
3512:. 26 October 1996.
3342:Records of the Past
3190:Records of the Past
3162:on 17 December 2008
2895:Deutsche Bundesbank
2893:banknotes from the
2728:Dirty Money Project
2604:endocrine disruptor
2574:Pontiac's Rebellion
2400:Trinidad and Tobago
2175:American Revolution
1898:Luxembourgish franc
1884:, banknotes of the
1635:The sealing of the
1410:The founder of the
366:Commemorative coins
277:Medieval currencies
186:Proposed currencies
6606:Ancient inventions
6039:Clearinghouse bank
5727:Medium of exchange
4821:The London Journal
4623:SS Central America
4390:on 18 January 2012
4205:Discourse on Trade
3808:Dirhams for slaves
3806:Jankowiak, Marek.
3118:United States Note
3035:Numismatics portal
2811:Shredded Banknotes
2797:or as briquettes.
2724:
2488:
2332:Dominican Republic
2256:
2216:produced the 5000
2096:
2037:
1946:
1911:was issued by the
1827:
1803:
1792:Issue of banknotes
1768:during peacetime.
1758:
1688:
1673:medium of exchange
1641:
1585:split tally sticks
1560:
1476:William of Rubruck
1464:
1361:woodblock printing
1309:
1301:
849:Credit-linked note
792:Structured finance
646:Floating rate note
6568:
6567:
6437:Ingrain wallpaper
6246:Coffee cup sleeve
6180:
6179:
6165:Sectoral currency
6111:Market monetarism
6074:Code of Hammurabi
5863:
5862:
5855:Gold certificates
5661:978-0-5218-7566-0
5642:978-0-8047-0720-6
5621:978-0-6181-3384-0
5600:978-0-2311-1004-4
5577:978-0-393-96315-1
5041:(Press release).
4987:10.1021/es300876n
4973:(12): 6515–6522.
4689:978-0-87332-101-3
4668:, pp. 84–86.
4428:978-0-5214-9634-6
4203:Nicholas Barbon,
4109:978-1-4802-0066-1
3928:978-1-4363-0694-2
3899:978-0-19-517571-4
3839:978-9-0041-4666-2
3764:978-0-19-988759-0
3739:978-1-84376-155-6
3661:978-0-8160-4350-7
3576:978-0-7440-5627-3
3113:Trevett v. Weeden
2801:Polymer banknotes
2492:Crane and Company
2282:and developed by
2274:issued the first
2266:issued the first
2252:2000 Romanian lei
2236:Polymer banknotes
2183:French Revolution
2144:watermarked paper
2140:intaglio printing
2112:Giesecke+Devrient
2100:holographic foils
2092:Indonesian rupiah
2060:bark. Mitsumata (
1962:counterparty risk
1859:England and Wales
1762:Bank Charter Acts
1665:Thirteen Colonies
1602:Sveriges Riksbank
1568:goldsmith bankers
1437:Around 1150, the
1432:Ibrahim ibn Yaqub
1287:Jiaozi (currency)
1232:Sveriges Riksbank
1106:contractual terms
1054:security printing
942:
941:
899:Credit derivative
712:Equities (stocks)
527:
526:
18:Vertical banknote
16:(Redirected from
6613:
6207:
6200:
6193:
6184:
6148:Virtual currency
6133:Digital currency
6069:
6066:
6029:Bureau de change
5880:
5875:
5874:
5873:
5806:Domestic animals
5803:
5720:
5713:
5706:
5697:
5679:
5677:
5665:
5646:
5625:
5604:
5592:
5581:
5551:
5550:
5548:
5546:
5531:
5525:
5524:
5522:
5520:
5504:
5498:
5497:
5495:
5493:
5477:
5471:
5470:
5468:
5466:
5451:
5445:
5444:
5442:
5440:
5425:
5419:
5418:
5416:
5414:
5405:. Archived from
5399:
5393:
5392:
5390:
5388:
5369:
5363:
5362:
5357:. Archived from
5351:
5345:
5344:
5342:
5340:
5321:
5315:
5314:
5312:
5310:
5291:
5285:
5284:
5282:
5280:
5261:
5255:
5254:
5252:
5250:
5230:
5224:
5223:
5221:
5219:
5200:
5194:
5193:
5191:
5189:
5183:
5172:
5164:
5158:
5157:
5144:
5138:
5137:
5135:
5133:
5114:
5108:
5107:
5105:
5103:
5092:
5086:
5085:
5083:
5081:
5061:
5055:
5054:
5052:
5050:
5035:
5029:
5028:
5026:
5024:
5019:on 23 April 2011
5005:
4999:
4998:
4962:
4956:
4949:
4943:
4942:
4940:
4938:
4919:
4913:
4908:
4902:
4897:
4891:
4886:
4875:
4868:
4862:
4855:
4849:
4848:
4846:
4836:
4812:
4806:
4805:
4803:
4801:
4782:
4776:
4775:
4773:
4771:
4752:
4746:
4745:
4743:
4741:
4722:
4716:
4715:
4710:. Archived from
4700:
4694:
4693:
4675:
4669:
4663:
4657:
4656:
4654:
4652:
4641:sedwickcoins.com
4633:
4627:
4612:
4606:
4605:
4603:
4601:
4590:www.pmgnotes.com
4582:
4576:
4575:
4573:
4571:
4556:
4550:
4549:
4539:
4537:
4531:
4524:
4515:
4506:
4505:
4477:
4471:
4470:
4468:
4466:
4446:
4440:
4439:
4437:
4435:
4420:
4406:
4400:
4399:
4397:
4395:
4380:
4374:
4373:
4371:
4369:
4363:
4352:
4344:
4338:
4337:
4335:
4333:
4318:
4312:
4311:
4309:
4307:
4279:
4273:
4272:
4254:
4248:
4247:
4227:
4221:
4214:
4208:
4201:
4195:
4194:
4192:
4190:
4171:
4165:
4164:
4162:
4160:
4132:
4126:
4125:
4123:
4121:
4093:
4087:
4086:
4080:
4075:
4073:
4065:
4063:
4061:
4021:
4015:
4014:
3998:
3992:
3991:
3980:
3974:
3971:
3962:
3961:
3959:
3957:
3939:
3933:
3932:
3914:
3908:
3907:
3885:
3879:
3878:
3850:
3844:
3843:
3817:
3811:
3804:
3798:
3792:
3781:
3775:
3769:
3768:
3750:
3744:
3743:
3725:
3719:
3718:
3713:
3711:
3705:
3694:
3686:
3680:
3679:
3673:
3665:
3647:
3638:
3632:
3615:
3609:
3600:
3594:
3581:
3580:
3558:
3552:
3551:
3549:
3547:
3542:on 10 April 2019
3532:
3526:
3525:
3523:
3521:
3502:
3496:
3495:
3485:
3479:
3478:
3464:
3458:
3457:
3455:
3453:
3435:
3429:
3428:
3423:
3421:
3415:
3390:
3378:
3372:
3371:
3366:
3364:
3330:
3324:
3323:
3321:
3319:
3286:
3277:
3276:
3271:
3269:
3263:
3238:
3226:
3220:
3219:
3214:
3212:
3178:
3172:
3171:
3169:
3167:
3152:
3146:
3140:
3058:Banknote counter
3051:
3046:
3045:
3044:
3037:
3032:
3031:
3030:
2980:stamp collecting
2886:
2866:
2850:
2837:Shreds of unfit
2834:
2819:
2738:banknote sorting
2698:vending machines
2485:
2482:
2432:Northern Ireland
2368:Papua New Guinea
2300:polymer banknote
2294:(CSIRO) and the
2254:polymer banknote
2242:Polymer banknote
2197:(by 1922 1 gold
2169:produced by the
1958:commercial banks
1909:Singapore dollar
1843:Northern Ireland
1831:commercial banks
1598:Stockholms Banco
1564:price revolution
1556:Stockholms Banco
1540:bill of exchange
1532:promissory notes
1515:
1321:promissory notes
1228:Stockholms Banco
1173:promissory notes
1076:
1066:History of money
1032:, including the
977:commercial banks
934:
927:
920:
747:Investment funds
666:Commercial paper
661:Zero-coupon bond
613:Futures exchange
603:Commodity market
543:
529:
519:
512:
505:
490:Money portal
488:
487:
486:
476:
475:
474:
200:History of money
155:Local currencies
59:
50:
32:
21:
6621:
6620:
6616:
6615:
6614:
6612:
6611:
6610:
6571:
6570:
6569:
6564:
6523:
6487:
6451:
6425:
6389:
6331:
6295:
6219:
6211:
6181:
6176:
6128:Unit of account
6067:
6000:
5986:Promissory note
5964:Deposit account
5937:Cheque clearing
5891:
5883:
5876:
5871:
5869:
5859:
5836:
5801:
5769:Precious metals
5736:
5729:
5724:
5686:
5675:
5668:
5662:
5649:
5643:
5628:
5622:
5607:
5601:
5584:
5578:
5563:
5560:
5555:
5554:
5544:
5542:
5533:
5532:
5528:
5518:
5516:
5506:
5505:
5501:
5491:
5489:
5479:
5478:
5474:
5464:
5462:
5453:
5452:
5448:
5438:
5436:
5427:
5426:
5422:
5412:
5410:
5401:
5400:
5396:
5386:
5384:
5371:
5370:
5366:
5361:on 9 June 2012.
5353:
5352:
5348:
5338:
5336:
5331:. 18 May 2015.
5323:
5322:
5318:
5308:
5306:
5293:
5292:
5288:
5278:
5276:
5263:
5262:
5258:
5248:
5246:
5232:
5231:
5227:
5217:
5215:
5202:
5201:
5197:
5187:
5185:
5181:
5170:
5166:
5165:
5161:
5146:
5145:
5141:
5131:
5129:
5124:. 24 May 2018.
5116:
5115:
5111:
5101:
5099:
5094:
5093:
5089:
5079:
5077:
5063:
5062:
5058:
5048:
5046:
5037:
5036:
5032:
5022:
5020:
5007:
5006:
5002:
4964:
4963:
4959:
4953:Bank Regulation
4950:
4946:
4936:
4934:
4927:About Australia
4921:
4920:
4916:
4909:
4905:
4898:
4894:
4887:
4878:
4869:
4865:
4856:
4852:
4814:
4813:
4809:
4799:
4797:
4784:
4783:
4779:
4769:
4767:
4754:
4753:
4749:
4739:
4737:
4724:
4723:
4719:
4714:on 13 May 2012.
4702:
4701:
4697:
4690:
4677:
4676:
4672:
4664:
4660:
4650:
4648:
4635:
4634:
4630:
4613:
4609:
4599:
4597:
4584:
4583:
4579:
4569:
4567:
4560:"BIL's history"
4558:
4557:
4553:
4535:
4533:
4529:
4522:
4517:
4516:
4509:
4494:10.2307/2549352
4488:(44): 180–189.
4479:
4478:
4474:
4464:
4462:
4448:
4447:
4443:
4433:
4431:
4429:
4408:
4407:
4403:
4393:
4391:
4382:
4381:
4377:
4367:
4365:
4361:
4350:
4346:
4345:
4341:
4331:
4329:
4320:
4319:
4315:
4305:
4303:
4296:
4281:
4280:
4276:
4269:
4256:
4255:
4251:
4244:
4229:
4228:
4224:
4215:
4211:
4202:
4198:
4188:
4186:
4173:
4172:
4168:
4158:
4156:
4149:
4134:
4133:
4129:
4119:
4117:
4110:
4095:
4094:
4090:
4076:
4066:
4059:
4057:
4023:
4022:
4018:
4000:
3999:
3995:
3982:
3981:
3977:
3972:
3965:
3955:
3953:
3941:
3940:
3936:
3929:
3916:
3915:
3911:
3900:
3887:
3886:
3882:
3867:
3852:
3851:
3847:
3840:
3819:
3818:
3814:
3805:
3801:
3793:
3784:
3776:
3772:
3765:
3752:
3751:
3747:
3740:
3727:
3726:
3722:
3709:
3707:
3703:
3699:. p. 245.
3692:
3688:
3687:
3683:
3666:
3662:
3649:
3648:
3641:
3633:
3618:
3610:
3603:
3595:
3584:
3577:
3560:
3559:
3555:
3545:
3543:
3534:
3533:
3529:
3519:
3517:
3504:
3503:
3499:
3487:
3486:
3482:
3466:
3465:
3461:
3451:
3449:
3437:
3436:
3432:
3419:
3417:
3413:
3388:
3380:
3379:
3375:
3362:
3360:
3332:
3331:
3327:
3317:
3315:
3308:Yale Law School
3288:
3287:
3280:
3267:
3265:
3261:
3236:
3228:
3227:
3223:
3210:
3208:
3180:
3179:
3175:
3165:
3163:
3154:
3153:
3149:
3141:
3137:
3132:
3127:
3103:Postal currency
3047:
3042:
3040:
3033:
3028:
3026:
3023:
3010:
2992:
2968:
2962:
2940:
2924:
2916:cash-in-transit
2905:
2898:
2887:
2878:
2873:notes from the
2867:
2858:
2851:
2842:
2835:
2826:
2820:
2788:and/or drugs...
2730:
2712:
2694:
2656:cruzeiros reais
2612:
2598:Most recently,
2483:
2463:
2461:Other materials
2392:Solomon Islands
2244:
2238:
2120:
2104:portrait window
2029:
2027:Paper banknotes
2024:
1929:
1886:Macanese pataca
1855:Bank of England
1794:
1781:Bank of England
1750:Bank of England
1742:
1692:Bank of England
1669:bills of credit
1646:Nicholas Barbon
1637:Bank of England
1629:
1548:
1516:
1505:
1454:Medieval Europe
1439:Knights Templar
1428:
1323:in the form of
1289:
1275:
1255:promissory note
1247:precious metals
1153:while in their
1068:
1062:
1016:precious metals
969:promissory note
938:
909:
908:
904:Hybrid security
869:
859:
858:
804:Agency security
794:
784:
783:
779:Segregated fund
759:Closed-end fund
749:
739:
738:
714:
704:
703:
689:Government bond
679:
678:Bonds by issuer
671:
670:
641:Fixed rate bond
636:
635:Bonds by coupon
628:
627:
593:
583:
582:
553:
523:
494:
484:
482:
472:
470:
462:
461:
354:Coin collecting
349:
348:
339:
338:
292:
291:
282:
281:
203:
202:
191:
190:
82:
81:
48:
47:
28:
23:
22:
15:
12:
11:
5:
6619:
6617:
6609:
6608:
6603:
6598:
6593:
6591:Paper products
6588:
6583:
6573:
6572:
6566:
6565:
6563:
6562:
6560:Security paper
6557:
6552:
6547:
6542:
6537:
6531:
6529:
6525:
6524:
6522:
6521:
6516:
6511:
6506:
6501:
6495:
6493:
6489:
6488:
6486:
6485:
6480:
6475:
6470:
6465:
6459:
6457:
6453:
6452:
6450:
6449:
6444:
6439:
6433:
6431:
6427:
6426:
6424:
6423:
6418:
6413:
6408:
6403:
6397:
6395:
6391:
6390:
6388:
6387:
6382:
6377:
6372:
6367:
6362:
6357:
6352:
6347:
6341:
6339:
6333:
6332:
6330:
6329:
6324:
6319:
6314:
6309:
6303:
6301:
6297:
6296:
6294:
6293:
6288:
6283:
6278:
6273:
6268:
6263:
6258:
6253:
6251:Corrugated box
6248:
6243:
6241:Cigarette pack
6238:
6233:
6227:
6225:
6221:
6220:
6212:
6210:
6209:
6202:
6195:
6187:
6178:
6177:
6175:
6174:
6173:
6172:
6167:
6162:
6155:Local currency
6152:
6151:
6150:
6145:
6140:
6138:Cryptocurrency
6130:
6125:
6123:Store of value
6120:
6115:
6114:
6113:
6108:
6098:
6097:
6096:
6086:
6081:
6078:§100; §122–125
6071:
6068: 2150 BC
6058:
6053:
6052:
6051:
6041:
6036:
6031:
6026:
6025:
6024:
6014:
6008:
6006:
6002:
6001:
5999:
5998:
5993:
5988:
5983:
5978:
5973:
5968:
5967:
5966:
5956:
5951:
5946:
5941:
5940:
5939:
5929:
5924:
5919:
5914:
5909:
5903:
5901:
5885:
5884:
5882:
5881:
5866:
5864:
5861:
5860:
5858:
5857:
5852:
5846:
5844:
5838:
5837:
5835:
5834:
5833:(Tibet, China)
5828:
5822:
5816:
5809:
5807:
5800:
5799:
5794:
5789:
5783:
5777:
5776:(cotton cloth)
5771:
5766:
5760:
5754:
5748:
5741:
5739:
5731:
5730:
5725:
5723:
5722:
5715:
5708:
5700:
5694:
5693:
5685:
5684:External links
5682:
5681:
5680:
5666:
5660:
5647:
5641:
5626:
5620:
5605:
5599:
5582:
5576:
5559:
5556:
5553:
5552:
5526:
5499:
5472:
5446:
5420:
5409:on 3 June 2013
5403:"Resource.org"
5394:
5364:
5346:
5329:LinkedIn Pulse
5316:
5286:
5256:
5225:
5195:
5159:
5139:
5122:The Irish News
5109:
5087:
5056:
5045:. 24 July 2018
5030:
5000:
4957:
4944:
4933:on 7 June 2011
4923:"Our Currency"
4914:
4903:
4892:
4876:
4863:
4850:
4807:
4777:
4747:
4717:
4695:
4688:
4670:
4658:
4628:
4607:
4577:
4551:
4507:
4472:
4441:
4427:
4401:
4375:
4339:
4313:
4295:978-0195378566
4294:
4274:
4267:
4249:
4243:978-1844134083
4242:
4222:
4209:
4196:
4166:
4148:978-0521549400
4147:
4127:
4108:
4088:
4079:|journal=
4016:
3993:
3975:
3963:
3934:
3927:
3921:. p. 55.
3909:
3898:
3880:
3866:978-1560256458
3865:
3845:
3838:
3812:
3799:
3795:Needham (1986)
3782:
3778:Needham (1986)
3770:
3763:
3745:
3738:
3720:
3681:
3660:
3639:
3616:
3614:, p. 105.
3601:
3599:, p. 156.
3582:
3575:
3569:. p. 82.
3553:
3527:
3510:pbs.org – Nova
3497:
3480:
3459:
3430:
3373:
3350:Washington, DC
3325:
3299:Avalon Project
3278:
3221:
3198:Washington, DC
3173:
3147:
3145:, p. 469.
3134:
3133:
3131:
3128:
3126:
3125:
3120:
3115:
3110:
3105:
3100:
3098:Money creation
3095:
3090:
3085:
3080:
3075:
3070:
3065:
3063:J. S. G. Boggs
3060:
3054:
3053:
3052:
3038:
3022:
3019:
3009:
3006:
2991:
2988:
2964:Main article:
2961:
2958:
2939:
2936:
2923:
2920:
2904:
2901:
2900:
2899:
2888:
2881:
2879:
2868:
2861:
2859:
2852:
2845:
2843:
2836:
2829:
2827:
2821:
2814:
2812:
2747:paper shredder
2711:
2708:
2693:
2690:
2660:Brazilian real
2658:and the first
2625:money machines
2611:
2608:
2580:. In 1848, in
2504:hyperinflation
2462:
2459:
2451:counterfeiting
2404:United Kingdom
2240:Main article:
2237:
2234:
2203:Yugoslav dinar
2195:Central Powers
2163:hyperinflation
2119:
2116:
2028:
2025:
2023:
2020:
2015:
2014:
2010:
2007:
2003:economic value
1999:
1995:
1988:image scanners
1980:Counterfeiting
1977:
1941:cruzados novos
1928:
1925:
1833:in two of the
1811:currency union
1793:
1790:
1741:
1738:
1628:
1625:
1547:
1544:
1503:
1427:
1424:
1333:copper coinage
1327:of deposit to
1274:
1271:
1216:copper coinage
1064:Main article:
1061:
1058:
1030:Counterfeiting
983:the notes for
960:, or simply a
940:
939:
937:
936:
929:
922:
914:
911:
910:
907:
906:
901:
896:
891:
886:
881:
876:
870:
865:
864:
861:
860:
857:
856:
854:Unsecured debt
851:
846:
841:
836:
831:
826:
821:
816:
811:
806:
801:
799:Securitization
795:
790:
789:
786:
785:
782:
781:
776:
771:
766:
761:
756:
750:
745:
744:
741:
740:
737:
736:
731:
726:
721:
715:
710:
709:
706:
705:
702:
701:
696:
694:Municipal bond
691:
686:
684:Corporate bond
680:
677:
676:
673:
672:
669:
668:
663:
658:
656:Perpetual bond
653:
648:
643:
637:
634:
633:
630:
629:
626:
625:
620:
615:
610:
605:
600:
594:
589:
588:
585:
584:
581:
580:
575:
570:
565:
560:
554:
549:
548:
545:
544:
536:
535:
525:
524:
522:
521:
514:
507:
499:
496:
495:
493:
492:
480:
467:
464:
463:
460:
459:
454:
448:
447:
441:
440:
435:
430:
424:
423:
418:
413:
407:
406:
400:
399:
394:
388:
387:
381:
380:
375:
369:
368:
363:
357:
356:
350:
346:
345:
344:
341:
340:
337:
336:
331:
326:
321:
315:
314:
309:
304:
299:
293:
289:
288:
287:
284:
283:
280:
279:
273:
272:
267:
262:
257:
252:
247:
242:
237:
232:
227:
222:
217:
211:
210:
204:
198:
197:
196:
193:
192:
189:
188:
182:
181:
175:
174:
169:
164:
158:
157:
151:
150:
145:
140:
135:
130:
125:
119:
118:
112:
111:
106:
100:
99:
94:
89:
83:
77:
76:
75:
72:
71:
70:
69:
61:
60:
52:
51:
41:
40:
26:
24:
14:
13:
10:
9:
6:
4:
3:
2:
6618:
6607:
6604:
6602:
6599:
6597:
6594:
6592:
6589:
6587:
6584:
6582:
6579:
6578:
6576:
6561:
6558:
6556:
6553:
6551:
6548:
6546:
6543:
6541:
6538:
6536:
6535:Drink coaster
6533:
6532:
6530:
6526:
6520:
6517:
6515:
6512:
6510:
6507:
6505:
6502:
6500:
6497:
6496:
6494:
6490:
6484:
6481:
6479:
6476:
6474:
6471:
6469:
6466:
6464:
6461:
6460:
6458:
6454:
6448:
6445:
6443:
6440:
6438:
6435:
6434:
6432:
6428:
6422:
6421:Visiting card
6419:
6417:
6414:
6412:
6409:
6407:
6406:Business card
6404:
6402:
6399:
6398:
6396:
6392:
6386:
6383:
6381:
6378:
6376:
6375:Postage stamp
6373:
6371:
6368:
6366:
6365:Manila folder
6363:
6361:
6358:
6356:
6353:
6351:
6350:Greeting card
6348:
6346:
6343:
6342:
6340:
6338:
6334:
6328:
6325:
6323:
6320:
6318:
6315:
6313:
6310:
6308:
6307:Facial tissue
6305:
6304:
6302:
6298:
6292:
6291:Shipping tube
6289:
6287:
6284:
6282:
6279:
6277:
6274:
6272:
6269:
6267:
6264:
6262:
6259:
6257:
6254:
6252:
6249:
6247:
6244:
6242:
6239:
6237:
6234:
6232:
6229:
6228:
6226:
6222:
6218:
6215:
6208:
6203:
6201:
6196:
6194:
6189:
6188:
6185:
6171:
6168:
6166:
6163:
6161:
6158:
6157:
6156:
6153:
6149:
6146:
6144:
6141:
6139:
6136:
6135:
6134:
6131:
6129:
6126:
6124:
6121:
6119:
6116:
6112:
6109:
6107:
6104:
6103:
6102:
6099:
6095:
6092:
6091:
6090:
6087:
6085:
6082:
6080:; c. 1750 BC)
6079:
6075:
6072:
6062:
6059:
6057:
6054:
6050:
6047:
6046:
6045:
6042:
6040:
6037:
6035:
6032:
6030:
6027:
6023:
6020:
6019:
6018:
6015:
6013:
6010:
6009:
6007:
6003:
5997:
5994:
5992:
5989:
5987:
5984:
5982:
5979:
5977:
5974:
5972:
5969:
5965:
5962:
5961:
5960:
5957:
5955:
5952:
5950:
5947:
5945:
5942:
5938:
5935:
5934:
5933:
5930:
5928:
5925:
5923:
5920:
5918:
5915:
5913:
5910:
5908:
5905:
5904:
5902:
5899:
5895:
5890:
5886:
5879:
5868:
5856:
5853:
5851:
5848:
5847:
5845:
5843:
5839:
5832:
5829:
5826:
5823:
5820:
5817:
5814:
5813:Water buffalo
5811:
5810:
5808:
5804:
5798:
5795:
5793:
5790:
5787:
5784:
5782:(Roman world)
5781:
5778:
5775:
5772:
5770:
5767:
5764:
5761:
5758:
5755:
5753:(Mesoamerica)
5752:
5749:
5746:
5743:
5742:
5740:
5738:
5732:
5728:
5721:
5716:
5714:
5709:
5707:
5702:
5701:
5698:
5691:
5688:
5687:
5683:
5674:
5673:
5667:
5663:
5657:
5653:
5648:
5644:
5638:
5634:
5633:
5627:
5623:
5617:
5613:
5612:
5606:
5602:
5596:
5591:
5590:
5583:
5579:
5573:
5569:
5568:
5562:
5561:
5557:
5540:
5536:
5530:
5527:
5514:
5510:
5503:
5500:
5487:
5483:
5476:
5473:
5460:
5456:
5450:
5447:
5434:
5430:
5424:
5421:
5408:
5404:
5398:
5395:
5382:
5378:
5374:
5368:
5365:
5360:
5356:
5350:
5347:
5334:
5330:
5326:
5320:
5317:
5304:
5300:
5296:
5290:
5287:
5274:
5270:
5266:
5260:
5257:
5244:
5240:
5236:
5229:
5226:
5213:
5209:
5205:
5199:
5196:
5180:
5176:
5169:
5163:
5160:
5155:
5151:
5150:
5143:
5140:
5127:
5123:
5119:
5113:
5110:
5097:
5091:
5088:
5075:
5071:
5067:
5060:
5057:
5044:
5040:
5034:
5031:
5018:
5014:
5010:
5004:
5001:
4996:
4992:
4988:
4984:
4980:
4976:
4972:
4968:
4961:
4958:
4954:
4948:
4945:
4932:
4928:
4924:
4918:
4915:
4912:
4907:
4904:
4901:
4896:
4893:
4890:
4885:
4883:
4881:
4877:
4872:
4867:
4864:
4859:
4854:
4851:
4845:
4840:
4835:
4830:
4826:
4822:
4818:
4811:
4808:
4795:
4791:
4787:
4781:
4778:
4765:
4761:
4757:
4751:
4748:
4735:
4731:
4730:www.npb.go.jp
4727:
4721:
4718:
4713:
4709:
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4699:
4696:
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4681:
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4662:
4659:
4646:
4642:
4638:
4632:
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4625:
4624:
4619:
4618:
4611:
4608:
4595:
4591:
4587:
4581:
4578:
4565:
4561:
4555:
4552:
4548:
4546:
4528:
4521:
4514:
4512:
4508:
4503:
4499:
4495:
4491:
4487:
4483:
4476:
4473:
4460:
4456:
4452:
4445:
4442:
4430:
4424:
4419:
4418:
4412:
4405:
4402:
4389:
4385:
4379:
4376:
4360:
4356:
4349:
4343:
4340:
4327:
4323:
4317:
4314:
4301:
4297:
4291:
4287:
4286:
4278:
4275:
4270:
4268:0-87341-120-X
4264:
4260:
4253:
4250:
4245:
4239:
4235:
4234:
4226:
4223:
4219:
4213:
4210:
4207:, 1690. p. 37
4206:
4200:
4197:
4184:
4180:
4176:
4170:
4167:
4154:
4150:
4144:
4140:
4139:
4131:
4128:
4115:
4111:
4105:
4101:
4100:
4092:
4089:
4084:
4071:
4055:
4051:
4047:
4043:
4039:
4035:
4031:
4027:
4020:
4017:
4012:
4008:
4004:
3997:
3994:
3990:(in Swedish).
3989:
3985:
3979:
3976:
3970:
3968:
3964:
3951:
3947:
3946:
3938:
3935:
3930:
3924:
3920:
3913:
3910:
3906:
3901:
3895:
3891:
3884:
3881:
3876:
3872:
3868:
3862:
3858:
3857:
3849:
3846:
3841:
3835:
3831:
3827:
3823:
3822:Templar Order
3816:
3813:
3809:
3803:
3800:
3797:, p. 48.
3796:
3791:
3789:
3787:
3783:
3780:, p. 47.
3779:
3774:
3771:
3766:
3760:
3756:
3749:
3746:
3741:
3735:
3731:
3724:
3721:
3717:
3702:
3698:
3691:
3685:
3682:
3677:
3671:
3663:
3657:
3653:
3646:
3644:
3640:
3637:, p. 80.
3636:
3635:Gernet (1962)
3631:
3629:
3627:
3625:
3623:
3621:
3617:
3613:
3612:Bowman (2000)
3608:
3606:
3602:
3598:
3593:
3591:
3589:
3587:
3583:
3578:
3572:
3568:
3564:
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3541:
3537:
3531:
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3515:
3511:
3507:
3501:
3498:
3493:
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3484:
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3476:
3472:
3471:
3463:
3460:
3447:
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3442:
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3431:
3427:
3412:
3408:
3404:
3400:
3396:
3395:
3387:
3383:
3377:
3374:
3370:
3359:
3355:
3351:
3347:
3343:
3339:
3335:
3329:
3326:
3313:
3309:
3305:
3304:New Haven, CT
3301:
3300:
3295:
3291:
3285:
3283:
3279:
3275:
3260:
3256:
3252:
3248:
3244:
3243:
3235:
3231:
3225:
3222:
3218:
3207:
3203:
3199:
3195:
3191:
3187:
3183:
3177:
3174:
3161:
3157:
3151:
3148:
3144:
3139:
3136:
3129:
3124:
3121:
3119:
3116:
3114:
3111:
3109:
3106:
3104:
3101:
3099:
3096:
3094:
3091:
3089:
3086:
3084:
3081:
3079:
3076:
3074:
3071:
3069:
3066:
3064:
3061:
3059:
3056:
3055:
3050:
3039:
3036:
3025:
3020:
3018:
3014:
3007:
3005:
3001:
2998:
2989:
2987:
2985:
2981:
2977:
2973:
2967:
2959:
2957:
2955:
2951:
2950:United States
2946:
2937:
2935:
2932:
2928:
2921:
2919:
2917:
2913:
2909:
2902:
2896:
2892:
2885:
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2876:
2872:
2865:
2860:
2856:
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2844:
2840:
2833:
2828:
2825:
2818:
2813:
2810:
2808:
2806:
2802:
2798:
2796:
2789:
2787:
2780:
2777:
2775:
2771:
2770:United States
2766:
2764:
2760:
2756:
2753:A subsequent
2751:
2748:
2744:
2739:
2735:
2734:wear and tear
2729:
2721:
2716:
2709:
2707:
2704:
2699:
2691:
2689:
2687:
2683:
2679:
2678:Viola Desmond
2675:
2670:
2667:
2665:
2661:
2657:
2653:
2648:
2646:
2642:
2638:
2634:
2630:
2626:
2622:
2617:
2609:
2607:
2605:
2601:
2596:
2594:
2590:
2589:playing cards
2585:
2583:
2579:
2576:, and by the
2575:
2570:
2568:
2564:
2560:
2556:
2552:
2548:
2544:
2540:
2536:
2532:
2528:
2526:
2522:
2518:
2514:
2509:
2505:
2501:
2497:
2493:
2478:
2474:
2470:
2466:
2460:
2458:
2456:
2452:
2447:
2445:
2441:
2437:
2433:
2429:
2428:Northern Bank
2425:
2421:
2417:
2413:
2409:
2405:
2401:
2397:
2393:
2389:
2385:
2381:
2377:
2373:
2369:
2365:
2361:
2357:
2353:
2349:
2345:
2341:
2337:
2333:
2329:
2325:
2321:
2317:
2313:
2309:
2305:
2301:
2297:
2293:
2289:
2285:
2281:
2277:
2273:
2269:
2265:
2261:
2253:
2248:
2243:
2235:
2233:
2231:
2227:
2223:
2219:
2215:
2210:
2208:
2204:
2200:
2196:
2192:
2188:
2184:
2180:
2176:
2172:
2168:
2164:
2158:
2156:
2151:
2149:
2145:
2141:
2137:
2133:
2128:
2124:
2117:
2115:
2113:
2109:
2105:
2101:
2093:
2088:
2084:
2081:
2076:
2071:
2069:
2065:
2064:
2059:
2054:
2050:
2046:
2042:
2033:
2026:
2021:
2019:
2011:
2008:
2004:
2000:
1996:
1993:
1989:
1986:and computer
1985:
1981:
1978:
1974:
1973:
1972:
1969:
1967:
1963:
1959:
1954:
1951:
1942:
1938:
1933:
1926:
1924:
1920:
1918:
1914:
1910:
1905:
1903:
1899:
1895:
1891:
1887:
1883:
1879:
1875:
1871:
1866:
1864:
1860:
1856:
1852:
1848:
1844:
1840:
1836:
1832:
1823:
1819:
1817:
1812:
1808:
1798:
1791:
1789:
1786:
1782:
1778:
1774:
1769:
1767:
1763:
1755:
1751:
1746:
1739:
1737:
1735:
1731:
1727:
1723:
1722:United States
1718:
1716:
1712:
1707:
1705:
1701:
1697:
1693:
1685:
1680:
1676:
1674:
1670:
1666:
1662:
1658:
1654:
1653:William Phips
1649:
1647:
1638:
1633:
1626:
1624:
1622:
1620:
1615:
1611:
1607:
1603:
1599:
1594:
1591:
1586:
1582:
1577:
1573:
1569:
1565:
1557:
1552:
1545:
1543:
1541:
1537:
1533:
1529:
1525:
1522:
1514:
1513:
1508:
1502:
1499:
1493:
1491:
1487:
1486:
1481:
1477:
1473:
1469:
1461:
1460:
1456:in his book,
1455:
1451:
1447:
1443:
1440:
1435:
1433:
1425:
1423:
1421:
1417:
1413:
1408:
1404:
1400:
1398:
1394:
1390:
1385:
1381:
1377:
1373:
1369:
1364:
1362:
1356:
1354:
1350:
1346:
1342:
1337:
1334:
1330:
1326:
1322:
1318:
1314:
1305:
1298:
1295:Song dynasty
1293:
1288:
1284:
1280:
1272:
1270:
1268:
1264:
1260:
1256:
1252:
1248:
1243:
1239:
1237:
1233:
1229:
1223:
1221:
1217:
1213:
1209:
1205:
1201:
1197:
1193:
1189:
1184:
1182:
1178:
1174:
1170:
1166:
1162:
1158:
1156:
1152:
1148:
1143:
1139:
1135:
1131:
1127:
1123:
1119:
1115:
1111:
1107:
1104:
1101:specified in
1100:
1099:maturity date
1096:
1092:
1088:
1084:
1080:
1072:
1067:
1059:
1057:
1055:
1051:
1047:
1043:
1039:
1035:
1031:
1027:
1025:
1021:
1017:
1013:
1012:central banks
1009:
1005:
1001:
996:
994:
990:
989:central banks
986:
982:
978:
974:
970:
967:
963:
959:
955:
951:
947:
935:
930:
928:
923:
921:
916:
915:
913:
912:
905:
902:
900:
897:
895:
892:
890:
887:
885:
882:
880:
877:
875:
872:
871:
868:
863:
862:
855:
852:
850:
847:
845:
842:
840:
837:
835:
832:
830:
827:
825:
822:
820:
817:
815:
812:
810:
807:
805:
802:
800:
797:
796:
793:
788:
787:
780:
777:
775:
772:
770:
767:
765:
762:
760:
757:
755:
752:
751:
748:
743:
742:
735:
734:Short selling
732:
730:
727:
725:
722:
720:
717:
716:
713:
708:
707:
700:
697:
695:
692:
690:
687:
685:
682:
681:
675:
674:
667:
664:
662:
659:
657:
654:
652:
649:
647:
644:
642:
639:
638:
632:
631:
624:
621:
619:
616:
614:
611:
609:
606:
604:
601:
599:
596:
595:
592:
587:
586:
579:
576:
574:
571:
569:
566:
564:
561:
559:
556:
555:
552:
547:
546:
542:
538:
537:
534:
530:
520:
515:
513:
508:
506:
501:
500:
498:
497:
491:
481:
479:
469:
468:
466:
465:
458:
455:
453:
450:
449:
446:
443:
442:
439:
436:
434:
431:
429:
426:
425:
422:
419:
417:
414:
412:
409:
408:
405:
402:
401:
398:
395:
393:
390:
389:
386:
383:
382:
379:
376:
374:
373:Bullion coins
371:
370:
367:
364:
362:
359:
358:
355:
352:
351:
343:
342:
335:
332:
330:
327:
325:
322:
320:
317:
316:
313:
310:
308:
305:
303:
300:
298:
295:
294:
286:
285:
278:
275:
274:
271:
268:
266:
263:
261:
258:
256:
253:
251:
248:
246:
243:
241:
238:
236:
233:
231:
228:
226:
223:
221:
218:
216:
213:
212:
209:
206:
205:
201:
195:
194:
187:
184:
183:
180:
177:
176:
173:
170:
168:
165:
163:
162:Company scrip
160:
159:
156:
153:
152:
149:
146:
144:
143:South America
141:
139:
138:North America
136:
134:
131:
129:
126:
124:
121:
120:
117:
114:
113:
110:
107:
105:
102:
101:
98:
95:
93:
90:
88:
85:
84:
80:
74:
73:
68:
65:
64:
63:
62:
58:
54:
53:
46:
42:
38:
34:
33:
30:
19:
6596:Watermarking
6540:Filter paper
6514:Playing card
6400:
6385:Post-it note
6322:Toilet paper
6044:Savings bank
6034:Central bank
5971:Legal tender
5911:
5878:Money portal
5671:
5651:
5631:
5610:
5588:
5566:
5558:Bibliography
5543:. Retrieved
5529:
5517:. Retrieved
5502:
5490:. Retrieved
5484:. PC World.
5475:
5463:. Retrieved
5449:
5437:. Retrieved
5423:
5411:. Retrieved
5407:the original
5397:
5385:. Retrieved
5376:
5367:
5359:the original
5349:
5337:. Retrieved
5328:
5319:
5307:. Retrieved
5298:
5289:
5277:. Retrieved
5268:
5259:
5249:28 September
5247:. Retrieved
5239:Toronto Star
5238:
5228:
5216:. Retrieved
5207:
5198:
5186:. Retrieved
5174:
5162:
5148:
5142:
5130:. Retrieved
5121:
5112:
5100:. Retrieved
5090:
5078:. Retrieved
5069:
5059:
5047:. Retrieved
5033:
5021:. Retrieved
5017:the original
5012:
5003:
4970:
4966:
4960:
4952:
4951:S.K. Singh,
4947:
4935:. Retrieved
4931:the original
4926:
4917:
4906:
4895:
4866:
4853:
4827:(1): 36–52.
4824:
4820:
4810:
4798:. Retrieved
4789:
4780:
4768:. Retrieved
4759:
4750:
4738:. Retrieved
4729:
4720:
4712:the original
4707:
4698:
4679:
4673:
4661:
4649:. Retrieved
4640:
4631:
4621:
4615:
4610:
4598:. Retrieved
4589:
4580:
4568:. Retrieved
4554:
4541:
4534:. Retrieved
4485:
4481:
4475:
4465:17 September
4463:. Retrieved
4459:the original
4454:
4444:
4432:. Retrieved
4416:
4404:
4392:. Retrieved
4388:the original
4378:
4366:. Retrieved
4354:
4342:
4330:. Retrieved
4326:the original
4316:
4304:. Retrieved
4284:
4277:
4258:
4252:
4232:
4225:
4217:
4212:
4204:
4199:
4187:. Retrieved
4178:
4169:
4157:. Retrieved
4137:
4130:
4118:. Retrieved
4098:
4091:
4070:cite journal
4058:. Retrieved
4019:
4002:
3996:
3987:
3978:
3956:19 September
3954:. Retrieved
3944:
3937:
3918:
3912:
3903:
3889:
3883:
3855:
3848:
3821:
3815:
3807:
3802:
3773:
3754:
3748:
3729:
3723:
3715:
3708:. Retrieved
3696:
3684:
3651:
3565:. New York:
3562:
3556:
3544:. Retrieved
3540:the original
3530:
3518:. Retrieved
3509:
3500:
3490:
3483:
3469:
3462:
3450:. Retrieved
3440:
3433:
3425:
3418:. Retrieved
3394:Liberty Fund
3392:
3376:
3368:
3361:. Retrieved
3345:
3341:
3328:
3316:. Retrieved
3297:
3273:
3266:. Retrieved
3242:Liberty Fund
3240:
3224:
3216:
3209:. Retrieved
3193:
3189:
3176:
3164:. Retrieved
3160:the original
3150:
3138:
3049:Money portal
3015:
3011:
3002:
2993:
2969:
2953:
2941:
2925:
2918:operations.
2906:
2799:
2791:
2782:
2778:
2767:
2763:incineration
2752:
2743:central bank
2731:
2703:dollar coins
2695:
2671:
2668:
2650:Since 1979,
2649:
2613:
2597:
2586:
2571:
2529:
2489:
2464:
2448:
2257:
2211:
2159:
2152:
2129:
2125:
2121:
2103:
2097:
2072:
2061:
2041:cotton paper
2038:
2016:
1992:superdollars
1984:photocopiers
1970:
1955:
1947:
1921:
1906:
1867:
1851:legal tender
1828:
1807:central bank
1804:
1785:money supply
1770:
1766:legal tender
1759:
1719:
1708:
1689:
1663:. The other
1650:
1642:
1617:
1595:
1575:
1561:
1518:
1510:
1495:
1483:
1480:Yuan dynasty
1465:
1457:
1436:
1429:
1412:Yuan dynasty
1409:
1405:
1401:
1399:, and Anqi.
1365:
1357:
1352:
1345:Song dynasty
1338:
1317:Tang dynasty
1310:
1296:
1244:
1240:
1224:
1220:Song dynasty
1200:flying money
1199:
1185:
1159:
1069:
1028:
1000:legal tender
997:
985:legal tender
971:, made by a
961:
957:
949:
945:
943:
598:Stock market
557:
411:Credit cards
391:
172:Time dollars
91:
29:
6550:Paper model
6504:Paper craft
6430:Decorations
6317:Paper towel
6271:Oyster pail
6266:Molded pulp
5996:Safekeeping
5850:Bimetallism
5765:(W. Africa)
5295:"Recycling"
4570:13 December
4434:17 December
4368:17 December
4332:17 December
4306:13 November
4189:26 February
4060:1 September
3166:2 September
3108:Seigniorage
2984:$ 1000 bill
2976:numismatics
2931:unforgeable
2720:5 euro note
2710:Destruction
2686:Ulster Bank
2641:Switzerland
2600:Bisphenol S
2593:Isle of Man
2484: 1852
2438:. In 2005,
2376:Philippines
2360:New Zealand
2272:Isle of Man
2207:overprinted
2173:during the
2053:ultraviolet
1868:In the two
1608:had forced
1590:circulation
1498:Kublai Khan
1416:Kublai Khan
1329:wholesalers
1212:wholesalers
1190:during the
1169:Han dynasty
1167:during the
1126:safekeeping
1120:, or other
958:paper money
867:Derivatives
754:Mutual fund
623:Spot market
445:Scripophily
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6575:Categories
6509:Paper toys
6492:Recreation
6355:Index card
6337:Stationery
6286:Paperboard
6224:Containers
6106:Monetarism
6094:Chartalism
5991:Redemption
5981:Possession
5944:Clay token
5797:Trade bead
5751:Cocoa bean
5735:Commodity
4861:exchange."
4844:2299/19710
4455:Mises Wire
4394:31 October
3405:. p.
3253:. p.
3073:Hell money
2755:briquettor
2684:issued by
2633:Cape Verde
2623:and other
2308:Bangladesh
2302:made from
2260:Costa Rica
2220:banknote (
1890:Luxembourg
1847:fiat money
1507:Marco Polo
1488:, titled "
1472:Marco Polo
1450:Marco Polo
1277:See also:
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769:Hedge fund
699:Pfandbrief
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6581:Banknotes
6555:Sandpaper
6478:Newsprint
6473:Newspaper
6447:Wallpaper
6394:Financial
6281:Paper cup
6276:Paper bag
5815:(SE Asia)
5745:Axe-money
5545:6 October
5519:27 August
5492:27 August
5465:27 August
5439:27 August
5023:15 August
4708:De La Rue
4536:14 August
4482:Economica
3670:cite book
3520:24 August
3452:24 August
3382:Hammurabi
3334:Hammurabi
3290:Hammurabi
3230:Hammurabi
3182:Hammurabi
3123:Used note
3000:dollars.
2972:notaphily
2966:Notaphily
2871:US dollar
2839:US dollar
2795:souvenirs
2652:Sri Lanka
2645:Venezuela
2517:Turkestan
2508:Bielefeld
2388:Singapore
2340:Indonesia
2328:Guatemala
2288:Australia
2258:In 1983,
2230:holograms
2218:Schilling
2212:In 1988,
2179:Assignats
2148:Berkshire
2080:De La Rue
2075:watermark
1966:inflation
1904:in 1999.
1880:, and in
1874:Hong Kong
1805:Today, a
1715:Louis XIV
1704:signature
1610:the Crown
1208:merchants
1142:liability
1110:depositor
1079:repayment
568:Debenture
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6519:Quilling
6499:Confetti
6483:Pamphlet
6468:Magazine
6416:Passbook
6401:Banknote
6380:Postcard
6370:Notebook
6327:Wet wipe
6261:Envelope
6217:products
5954:Currency
5932:Clearing
5912:Banknote
5907:Bailment
5827:(Arabia)
5788:(barley)
5774:Quachtli
5539:Archived
5537:. IBNS.
5513:Archived
5486:Archived
5459:Archived
5433:Archived
5413:16 April
5381:Archived
5377:ndsn.org
5333:Archived
5303:Archived
5273:Archived
5271:. 2014.
5243:Archived
5212:Archived
5210:. 2013.
5179:Archived
5154:Archived
5126:Archived
5102:16 April
5080:16 April
5074:Archived
5070:The Star
4995:22591511
4874:period."
4794:Archived
4764:Archived
4762:. 2019.
4740:16 April
4734:Archived
4645:Archived
4620:and the
4600:16 April
4594:Archived
4564:Archived
4527:Archived
4359:Archived
4300:Archived
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3259:Archived
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3184:(1903).
3083:Intaglio
3021:See also
2805:recycled
2786:dye pack
2759:landfill
2616:currency
2543:sealskin
2525:Boer War
2513:Xinjiang
2475:-issued
2440:Bulgaria
2396:Thailand
2372:Paraguay
2348:Malaysia
2270:and the
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2189:and the
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1937:cruzados
1839:Scotland
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1698:against
1558:in 1666.
1528:Flanders
1521:medieval
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1420:Jiaochao
1397:Hangzhou
1374:(modern
1325:receipts
1236:Napoleon
1204:receipts
1161:Carthage
1130:bailment
1095:schedule
1091:creditor
1046:printing
1038:currency
946:banknote
558:Banknote
404:Exonumia
255:Japanese
235:Filipino
215:Aksumite
79:Currency
67:Glossary
37:a series
35:Part of
6300:Hygiene
6005:General
5959:Deposit
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5821:(Hindu)
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5188:10 July
5049:24 July
4975:Bibcode
4937:19 July
4800:11 July
4770:11 July
4502:2549352
4484:. New.
4050:1009611
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3399:Chicago
3363:20 June
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3268:20 June
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3008:Novelty
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2500:Notgeld
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2408:Uruguay
2380:Romania
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2290:by the
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2214:Austria
1773:banking
1720:In the
1442:value.
1393:Chengdu
1389:Huizhou
1376:Shexian
1368:tribute
1103:written
1097:with a
1060:History
1050:cheques
1044:in the
1034:forgery
894:Warrant
879:Futures
874:Forward
829:Tranche
591:Markets
433:Cheques
378:Grading
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270:Tibetan
250:Italian
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6411:Coupon
6360:Letter
6312:Napkin
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2222:Mozart
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1892:, the
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1614:silver
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1468:Europe
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6528:Other
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5182:(PDF)
5171:(PDF)
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4772:2019
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4290:ISBN
4263:ISBN
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4062:2022
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