1814:
2901:
2174:, 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:
1551:. 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
2834:
2865:
2881:
1696:
1463:
1321:
1839:
2159:: 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,
2486:
2849:
3046:
473:
1649:
2144:
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.
1949:
57:
2927:(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
3034:
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.
2732:
2049:
1719:, 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
1762:
2104:
3012:
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,
1568:
2264:
5896:
3060:
1970:
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:
1633:. 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
1831:
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
2946:(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
1439:. 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.
1309:
2999:, 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
3033:
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
2717:
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,
2029:
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
1969:
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
1423:
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
1419:
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
2964:
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
2177:
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
2014:
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
1458:
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
3011:
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
1992:
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
1403:
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.
2635:
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,
1517:
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
1375:
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
1352:
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,
4566:
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
3029:
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,
2143:
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
1830:
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
1660:
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
4884:
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
2722:
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
1985:. 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.
3016:
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
2094:
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
2527:
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
2766:
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.
2068:, 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
4571:, 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.
2950:
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.
1609:
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.
1559:("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
2139:
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.
2323:(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
2022:
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
1939:
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.
1993:
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.
1804:
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.
1103:
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
2973:(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.
1353:
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.
1258:
issued paper banknotes in the early 1800s. 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.
2959:
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
2099:
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.
2900:
2793:, 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.
2809:
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
1960:
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,
2864:
2095:
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
2880:
4897:
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
3656:
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
1595:
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
3030:
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.
1364:. 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
1981:, 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
3759:
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
2800:
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,
1604:
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
3020:
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.
2072:
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
1817:
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
5097:
2034:
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.
2757:
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
2833:
5149:
2308:
4407:
3485:
1621:. 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
2026:
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.
1813:
1518:
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
2848:
1424:
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.
1143:
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. The first known banknote was
3677:
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
2163:
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
1600:
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
5356:
5202:
2245:) 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
2007:. Numerous banks and nations have incorporated many types of countermeasures in order to keep the money secure. However, extremely sophisticated counterfeit notes known as
1513:
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,
1846:
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
5713:
2482:
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.
5509:
5694:
2167:
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.
4145:
2796:
Contaminated banknotes are also decommissioned and removed from circulation, primarily to prevent the spread of diseases. A Canadian government report indicates:
3427:
3275:
2303:. 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
5089:
4568:
1929:
4989:
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".
4727:
5536:
5741:
2507:
Silk and other fibers have been commonly used in the manufacture of various banknote papers, intended to provide both additional durability and security.
5141:
2924:
2608:
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
4411:
1506:
3489:
6084:
3172:
1777:
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
540:
6228:
5426:
4382:
5032:
4787:
3370:
3218:
2943:
1886:
1750:
5326:
2550:
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
2155:, and they were single-sided. Note-making technologies remained largely unchanged during the 18th century. The first banknotes were produced by
1973:
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
4617:
4345:
5683:
5664:
5643:
5622:
5599:
4711:
4450:
4129:
4092:
3940:
3880:
3805:
3780:
3716:
3649:
2840:
1910:
516:
3518:
6609:
4817:
2207:
931:
823:
142:
137:
5456:
4587:
4176:
4098:
4038:
3681:
5296:
5235:
1010:
when they presented banknotes for payment. This practice of "backing" notes with something of substance is the basis for the history of
818:
5378:
4474:
4206:
4317:
4265:
4170:
3907:
1282:, for example, from the late 1600s onwards. With the removal of precious metals from the monetary system, banknotes evolved into pure
843:
3463:
5696:"They are Exactly as Banknotes are": Perceptions and Technologies of Bank Note Forgery During the Bank Restriction Period, 1797–1821
5191:
4290:
2680:
1894:
5348:
1547:, because of the insecurity and impracticality of transporting large sums of cash over long distances, money traders started using
5878:
5482:
2891:
2871:
2320:
1746:
1695:
5734:
1933:
1879:
1851:
1742:
3328:
1420:
were limited to regional areas of the empire, and were valid for use only in a designated and temporary limit of three years.
6624:
3743:
1455:
838:
833:
147:
115:
5266:
4323:
1838:
1320:
5505:
2671:
has printed the reverse of its banknotes vertically. Between 1993 and 2013, Brazil has printed banknotes of 5000 and 50000
6035:
5940:
3094:
2698:
2460:
2203:
1788:
Until the mid-nineteenth century, commercial banks were able to issue their own banknotes, and notes issued by provincial
1673:
1462:
207:
166:
132:
122:
5119:
1404:
For the printing of paper money alone, the Song government established several government-run factories in the cities of
6221:
6141:
5066:
4946:
2679:
series of banknotes has the obverse in traditional horizontal layout, while the reverse is in vertical format. The 2018
276:
4757:
3000:
1661:
metal. By the late 17th century, this new conceptual outlook helped to stimulate the issue of banknotes. The economist
1376:
strings of cash coins. By the 1120s, the central government started to produce its own state-issued paper money (using
6629:
4668:
3419:
3402:
3267:
3250:
3109:
3104:
2719:
2690:
1299:
1144:
301:
234:
185:
127:
5562:
4640:
3423:
3271:
2762:
for secure online destruction by high-speed banknote sorting machines using a cross-cut shredder device similar to a
2111:, vary the sizes of their banknotes by denomination. This is done so that they may be told apart through touch alone.
1368:. The issue of credit notes was often for a limited duration, and at some discount to the promised amount later. The
1507:
How the Great Kaan Causeth the Bark of Trees, Made into Something Like Paper, to Pass for Money All Over his Country
5727:
2471:
2131:
which is composed of an inner layer of paper substrate with thin outer layers of plastic film for high durability.
1597:
1451:, small pieces of cloth were used as a means of trade, with these cloths having a set exchange rate versus silver.
1295:
617:
5453:"You Won a Lottery, Got an Award, or a Mystery Shopper Job and They Sent You a Check! Counterfeit Cashiers Checks"
5062:
4735:
1399:) alone would send 1,500,000 sheets of paper in seven different varieties to the capital at Kaifeng. In 1101, the
5532:
2312:
1688:, an early form of paper currency distinct from banknotes, to fund military expenditures and for use as a common
1528:
1501:
1475:
509:
269:
249:
4550:
6124:
6062:
2928:
2653:
2637:
2489:
924:
813:
1924:
As well as commercial issuers, other organizations may have note-issuing powers; for example, until 2002, the
2723:
immediately reject banknotes of inferior quality, for every machine in the country would have to be updated.
6614:
6240:
6214:
5404:
5397:"Drug Dog's "Alert" to Cash Not Grounds for Forfeiture When Up to 75 percent of Currency Tainted With Drugs"
2594:
2559:
2493:
2171:
1579:
The shift toward the use of these receipts as a means of payment took place in the mid-17th century, as the
1400:
1349:
1168:
728:
607:
229:
66:
4638:
Famous shipwrecks from which valuable precious metals and coins were recovered in recent years include the
3176:
6183:
6112:
6072:
3320:
3099:
2590:
2512:
2485:
2215:
2148:
2079:
1957:
1692:. By the 1760s, these bills of credit were used in the majority of transactions in the Thirteen Colonies.
1648:
1606:
1100:
953:
650:
396:
4371:
2664:
have adopted vertically oriented currency, though Cape Verde has now reverted to horizontal orientation.
6619:
6465:
6368:
6279:
6274:
6166:
5430:
4054:
3084:
2790:
1793:
1770:
1179:. In Europe, the concept of banknotes was first introduced during the 13th century by travelers such as
965:
808:
264:
239:
5040:
4779:
2661:
5318:
2683:
series too has the obverse in traditional horizontal layout, while the reverse is in vertical format.
1948:
6045:
5865:
4998:
2187:
2183:
1832:
1727:
1700:
1275:
1135:
may have used a durable lightweight substance as promissory notes in 57 AD, which have been found in
866:
763:
572:
502:
36:
4609:
4349:
3968:
1796:, which established the modern central bank, restricted authorisation to issue new banknotes to the
6193:
2911:
2774:
compresses shredded paper material into a small cylindrical or rectangular form for disposal (e.g.
2754:
2744:
2649:
2620:
2416:
2191:
1914:
1731:
917:
219:
171:
3547:
975:
or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by
6604:
5955:
5750:
5177:
4646:
4521:
4139:
4022:
3512:
3374:
3222:
3134:
3051:
2348:
2234:
2128:
1689:
1626:
1492:
1377:
1255:
992:
848:
791:
645:
550:
532:
477:
365:
178:
103:
4809:
4309:
Taming Democracy: "The People," the Founders, and the Troubled Ending of the American Revolution
2965:
where the cash came from at his own expense. Many people simply forfeit the money. In 1994, the
1677:
56:
2731:
2589:
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
6460:
6269:
6188:
6134:
6097:
5982:
5945:
5679:
5660:
5639:
5618:
5595:
5452:
5014:
4707:
4583:
4446:
4313:
4286:
4261:
4166:
4160:
4125:
4088:
4082:
4034:
4030:
4010:
3995:
3991:
3936:
3913:
3903:
3876:
3801:
3776:
3712:
3675:
3645:
3129:
2508:
2199:
2156:
2108:
1996:
1978:
1953:
1875:
1681:
1635:
1618:
1544:
1448:
1392:
1357:
1303:
1210:
1198:
1080:
1029:
898:
893:
254:
224:
214:
96:
5288:
5227:
2562:. A number of 19th-century issues are known in Germanic and Estonia, including the places of
2226:
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
6383:
6171:
6156:
6101:
6052:
6014:
6004:
5382:
5006:
4862:
4852:
4650:. Shipwreck coins are highly collectible, and dealers sometimes post photos on the internet.
4513:
4482:
4198:
4014:
3868:
3366:
3214:
3074:
2996:
2817:
2714:
2668:
2448:
2384:
2316:
2268:
2258:
2048:
1925:
1859:
1778:
1614:
1584:
1583:, when relatively rapid gold inflation was causing a re-assessment of how money worked. The
1580:
1572:
1556:
1388:
1222:
1160:
1140:
1113:
1096:
1064:
980:
883:
878:
873:
711:
665:
660:
612:
602:
590:
333:
318:
244:
199:
3703:
Allen, Tony; Grant, R. G.; Parker, Philip; Celtel, Kay; Kramer, Ann; Weeks, Marcus (2022).
3455:
1862:) continue to print their own banknotes for domestic circulation, even though they are not
1262:
The perception of banknotes as money has evolved over time. Originally, money was based on
6568:
6151:
6079:
6009:
5987:
5960:
5786:
5758:
4067:
3324:
3119:
2932:
2555:
2541:
2408:
2060:
with a weight of 80 to 90 grams per square meter. The cotton is sometimes mixed with
1974:
1902:
1871:
1847:
1797:
1766:
1761:
1708:
1685:
1662:
1653:
1548:
1470:
1337:
1271:
1263:
1128:
1105:
1068:
976:
968:
903:
803:
778:
758:
746:
733:
723:
688:
640:
353:
296:
3562:
2511:
patented banknote paper with embedded silk threads in 1844 and has supplied paper to the
1878:; these notes are also usable as money (but not legal tender) in the rest of the UK (see
1665:
wrote that money "was an imaginary value made by a law for the convenience of exchange".
5349:"The Future of Banknotes & How One Company Is Working To Prevent A Cashless Economy"
5002:
4841:"How Criminal were the Irish? Bias in the Detection of London Currency Crime, 1797–1821"
3986:
Faure AP (6 April 2013). "Money Creation: Genesis 2: Goldsmith-Bankers and Bank Notes".
3541:
3354:
3202:
2103:
6583:
6264:
6178:
6161:
6146:
5792:
5633:
4439:
3708:
3315:
3114:
3079:
2824:
to form plastic products like building components, plumbing fittings, or compost bins.
2763:
2676:
2645:
2583:
2520:
2420:
2219:
2211:
2179:
2019:
1827:
1712:
1567:
1053:
1015:
888:
853:
798:
693:
683:
655:
562:
456:
328:
311:
306:
259:
154:
5478:
2739:
so badly damaged it has been torn in half. The note has later been repaired with tape.
2263:
1629:
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.
6598:
6558:
6444:
6429:
6398:
6388:
6373:
6330:
6314:
5836:
5654:
5611:
5589:
4162:
An Economic History of Europe: Knowledge, Institutions and Growth, 600 to the Present
3897:
3872:
2966:
2786:
2750:
2694:
2686:
Early Chinese banknotes were also vertical, due to the direction of Chinese writing.
2672:
2641:
2444:
2004:
1738:
1669:
1243:
1176:
1057:
161:
2644:. They also note how money transactions are conducted vertically, not horizontally.
2619:(BPS), has been frequently used in the production of banknotes worldwide. BPS is an
1965:
Prior to the introduction of banknotes, precious or semiprecious metals minted into
1613:
The first short-lived attempt at issuing banknotes by a central bank was in 1661 by
6563:
6537:
6408:
6345:
6067:
6057:
5994:
5901:
4026:
3642:
The Origins of Value: The Financial Innovations that Created Modern Capital Markets
3410:
3310:
3258:
3065:
2779:
2759:
2057:
2000:
1867:
1823:
1801:
1792:
companies were the common form of currency throughout England, outside London. The
1782:
1730:
helped establish banknotes as a formal currency in France, after the wars waged by
1656:
Charter (1694). The bank began the first permanent issue of banknotes a year later.
1496:
1428:
1361:
1333:
1247:
1239:
1228:
1172:
1152:
1148:
1132:
1011:
999:
988:
984:
597:
489:
377:
372:
323:
5258:
5120:"New $ 10 bank note featuring Viola Desmond unveiled on International Women's Day"
4857:
4840:
3732:
2519:
issues from a number of German towns in 1923 during a period of fiscal crisis and
1999:
paper notes has always been a problem, especially since the introduction of color
4307:
4255:
2015:
issue, especially in larger denominations, compared with coins of the same value.
6573:
6527:
6340:
6294:
6289:
5967:
5921:
5873:
5820:
5815:
4504:
Horsefield, J. K. (November 1944). "The Origins of the Bank Charter Act, 1844".
4441:
The future of central banking: the tercentenary symposium of the Bank of England
3124:
2992:
2743:
Further information on the New York University scientific research project:
2736:
2702:
2657:
2616:
2609:
2467:
2392:
2376:
2288:
2223:
2115:
Another security feature is based on windows in the paper, which are covered by
2069:
2008:
1601:
1537:
1514:
1432:
1383:
Even before this point, the Song government was amassing large amounts of paper
1186:
1124:
753:
622:
444:
410:
44:
3969:"Sverige, Palmstruchska banken, Kreditsedel 10 daler silvermynt, 17 april 1666"
1238:", although true paper money did not appear until the 11th century, during the
1006:. Historically, banks sought to ensure that they could always pay customers in
6532:
6378:
6360:
6309:
6129:
6117:
5917:
5891:
5774:
5768:
5171:
4433:
Capie, Forrest; Fischer, Stanley; Goodhart, Charles; Schnadt, Norbert (1994).
3089:
3041:
2612:
in the beginning of the 19th century, and again in Germany after World War I.
2605:
2324:
2276:
1906:
1863:
1523:
1488:
1466:
1345:
1283:
1251:
1180:
1019:
773:
768:
698:
427:
4954:
3773:
Monetary Regimes and Inflation: History, Economic and Political Relationships
2515:
since 1879. Banknotes printed on pure silk "paper" include "emergency money"
1640:
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,
6578:
6501:
6496:
6470:
6304:
6299:
6107:
4749:
3917:
3398:
3350:
3306:
3246:
3198:
3139:
2988:
2982:
2887:
2855:
2821:
2771:
2533:
2524:
2404:
2356:
2352:
2344:
2304:
2246:
2164:
2160:
2096:
2091:
1982:
1890:
1720:
1164:
567:
384:
5018:
4660:
5558:
3899:
The Knights Templar: The History and Myths of the Legendary Military Order
6542:
6522:
6506:
6491:
6439:
6403:
6393:
6350:
6284:
5977:
5930:
5797:
4018:
2811:
2802:
2775:
2632:
2578:, and Woiseck. In addition to the Bielefeld issues, other German leather
2567:
2529:
2456:
2412:
2388:
2364:
2195:
2152:
2116:
2074:
1855:
1436:
1413:
1360:", developed from these promissory notes by the 11th century, during the
1202:
1194:
1088:
1061:
1049:
403:
108:
78:
17:
3958:
De Geschiedenis van het Geld (the History of Money), 1992, Teleac, p. 96
3740:
Security Engineering: A Guide to Building Dependable Distributed Systems
1483:
In the 13th century, Chinese paper money of Mongol Yuan became known in
4525:
3415:
3263:
2961:
2947:
2623:
that is subject to human dermal absorption through handling banknotes.
2598:
2579:
2575:
2571:
2516:
2428:
2424:
2396:
2380:
2292:
2242:
2230:
1409:
1405:
1384:
1341:
1190:
1156:
828:
5010:
4867:
1598:
greater value of notes than the total value of their physical reserves
6434:
6335:
6259:
6040:
5999:
5950:
5842:
5809:
5719:
4543:
3580:
3578:
3576:
3574:
2547:
2452:
2440:
2435:. Other countries have issued commemorative polymer notes, including
2432:
2368:
2360:
2336:
2332:
2328:
2300:
2296:
2238:
1716:
1630:
1622:
1588:
1552:
1484:
1279:
1267:
1206:
1136:
1092:
1076:
1045:
432:
5090:"Canada unveils $ 10 bill featuring civil rights icon Viola Desmond"
4517:
1707:
The first bank to initiate the permanent issue of banknotes was the
2466:
Polymer banknotes were developed to improve durability and prevent
2030:
security features and confirming acceptability of the issuing bank.
1952:
When Brazil changed currencies in 1989, the 1000, 5000, and 10,000
1555:. For international payments, the more efficient and sophisticated
1308:
1155:
dynasties, starting in the 7th century. Its roots were in merchant
6237:
5912:
5848:
4434:
2730:
2563:
2551:
2537:
2484:
2436:
2400:
2372:
2340:
2284:
2280:
2262:
2102:
2084:
2083:) and other fibers are used in Japanese banknote paper (a kind of
2065:
2061:
2047:
1947:
1898:
1837:
1812:
1760:
1694:
1647:
1566:
1540:
1461:
1396:
1365:
1329:
1319:
1307:
1278:). But they were readily accepted—for convenience and security—in
1274:: a promise to pay someone in precious metal on presentation (see
1231:
1120:
1109:
718:
577:
451:
437:
420:
415:
6206:
5396:
3564:
The outline of history, being a plain history of life and mankind
2778:
or burning). Before the 1990s, unfit banknotes were destroyed by
2090:
Most banknotes are made using the mould-made process, in which a
1734:
left the country with a shortage of precious metals for coinage.
6486:
6019:
5972:
5803:
5780:
5656:
Daily Life in China on the Eve of the Mongol Invasion, 1250–1276
3013:
2907:
2127:
banknotes. Windows are also used with the Hybrid substrate from
2124:
1966:
1918:
1887:
Special Administrative Regions of the People's Republic of China
1789:
1668:
A temporary experiment of banknote issue was carried out by Sir
1387:. It was recorded that each year before 1101, the prefecture of
1084:
1072:
1041:
1037:
1023:
1007:
1003:
972:
360:
86:
6210:
5723:
5714:
Counterfeit money was a major problem in the 1850s – Pantagraph
2858:
notes with a typical size of less than 1.5 mm × 16 mm
2218:
of 1914 was worth 14,400 paper Kronen), the devaluation of the
2123:
for the higher denominations of the Europa series (ES2) of the
6254:
5854:
4661:"Virtual Shipwreck and Hoard Map by Daniel Frank Sedwick, LLC"
4257:
The Last Revolution: 1688 and the Creation of the Modern World
4244:, Volume 1, Issue 4 (American Economic Association, 1900) p.10
2119:
to make it very hard to copy. Such technology is applied as a
1826:
or treasury is generally solely responsible within a state or
1741:, there were early attempts at establishing a central bank in
1324:
A Yuan dynasty printing plate and banknote with Chinese words.
4242:
Currency and Banking in the Province of the Massachusetts-Bay
1842:
A $ 5 note issued by Citizens Bank of Louisiana in the 1850s.
1099:, and Law 123 stipulated that a banker was discharged of any
3486:"Ancient Roman IOUs Found Beneath Bloomberg's New London HQ"
3003:
issued in 1890 that was sold at an auction for $ 2,255,000.
2309:
Commonwealth Scientific and Industrial Research Organisation
1711:. Established in 1694 to raise money for the funding of the
4542:
Committee on Payment and Settlement Systems (August 2003).
3933:
History of the weksel: Bill of exchange and promissory note
2749:
A banknote is removed from circulation because of everyday
1205:
of banknotes. Fighting the counterfeiting of banknotes and
2789:
receives a cash deposit from a commercial bank or another
2295:
polymer (or plastic) banknotes; these were printed by the
2182:
and a loss of faith in the value of paper money, e.g. the
1254:
introduced the concept in Europe during the 13th century.
27:
Form of physical currency made of paper, cotton or polymer
4979:, Discovery Publishing House, New Delhi, 2009, pp. 26–27.
3386:
122. If anyone entrusts to ... have committed an offence.
3291:§100. ...he shall write down ... returns to his merchant.
1447:
According to a travelogue of a visit to Prague in 960 by
3833:
3831:
3829:
3595:
3593:
2052:
Obverse and reverse of an old American $ 100 note (1928)
1242:. The use of paper currency later spread throughout the
3618:
3616:
3614:
3612:
3610:
3608:
3414:. Translated by Harper, Robert Francis (2nd ed.).
3262:. Translated by Harper, Robert Francis (2nd ed.).
2147:
In the 18th century, banknotes were produced mainly by
1932:, a government agency that was later taken over by the
1769:
gained a monopoly over the issue of banknotes with the
1336:(618–907). Merchants would issue what are today called
1183:, with European banknotes appearing in 1661 in Sweden.
2971:
United States of America v. U.S. Currency, $ 30,060.00
2693:
featuring a portrait of Canadian civil rights pioneer
2532:, or Sinkiang, in the United Islamic Republic of East
2208:
individual states of the Confederate States of America
1956:
banknotes were overstamped and issued as 1, 5, and 10
4728:"The Banknote Lifecycle – from Design to Destruction"
3954:
3952:
2969:
Court of Appeals, Ninth Circuit, held in the case of
2554:, as well as in other times of emergency. During the
2536:
in 1933. Emergency money was also printed in 1902 on
5635:
East Asia: A Cultural, Social, and Political History
3234:
100. Anyone borrowing money shall ... his contract .
6551:
6515:
6479:
6453:
6417:
6359:
6323:
6247:
6028:
5911:
5864:
5829:
5757:
5676:
Science and Civilisation in China: Volume 5, Part 1
4908:
4906:
4904:
4544:"The Role of Central Bank Money in Payment Systems"
3640:William N. Goetzmann; K. Geert Rouwenhorst (2005).
3584:
2995:. Although generally not as widespread as coin and
1372:did not replace coins but was used alongside them.
1087:must present all articles and a signed contract of
5613:Columbia Chronologies of Asian History and Culture
5610:
4549:. Bank for International Settlements. p. 96.
4438:
2753:from its handling. Banknotes are passed through a
2636:especially when the currency is processed through
1889:, arrangements are similar to those in the UK; in
1800:, which would henceforth have sole control of the
1781:established that banknotes would be considered as
1684:followed in Massachusetts' wake and began issuing
1193:of banknotes, is an inherent challenge in issuing
4408:"£2 note issued by Evans, Jones, Davies & Co"
3514:Speeches of J.P. Jones: Money and Tariff, 1890–93
2870:Shredded and briquetted US dollar notes from the
2601:, wooden checkerboard pieces were used as money.
1905:are issued by two different commercial banks. In
1591:began to give out the receipts as payable to the
1495:. Marco Polo's account of paper money during the
1469:described the use of early banknotes in China to
1159:of deposit during the Tang dynasty (618–907), as
5199:Federal Reserve System Cash Product Office (CPO)
4780:"Security features. Europa series €100 banknote"
4084:The History of Money for Understanding Economics
2470:through incorporated security features, such as
1676:starting on December 20, 1690, to help fund the
5506:"2 Million Counterfeit Items Removed From EBay"
2798:
2135:History of counterfeiting and security measures
1893:, three commercial banks are licensed to issue
1571:The first paper money in Europe, issued by the
1511:
1328:The first banknote-type instrument was used in
5379:"International Society for Individual Liberty"
5192:"Fitness Guidelines for Federal Reserve Notes"
5176:(Motion picture). Agence France-Presse. 2012.
4009:Tymoigne, Eric; Wray, L. Randall (July 2005).
2056:Until recently, most banknotes were made from
998:National banknotes are often, but not always,
6222:
5735:
5122:(Press release). Bank of Canada. 8 March 2018
3669:
3667:
3665:
1930:Board of Commissioners of Currency, Singapore
1234:during the 7th century, where it was called "
1171:in large commercial transactions. During the
1131:appeared in 118 BC and were made of leather.
925:
510:
8:
4689:
3635:
3633:
3631:
3159:
5173:Hungarians burn shredded money to stay warm
4165:. Cambridge University Press. p. 137.
3301:
3299:
2925:Intelligent banknote neutralisation systems
2920:Intelligent banknote neutralisation systems
2474:that are extremely difficult to reproduce.
1988:Other costs of using bearer money include:
1487:through the accounts of travelers, such as
1175:(1271–1368), banknotes were adopted by the
6229:
6215:
6207:
5826:
5742:
5728:
5720:
5142:"Ulster Bank reveals 'vertical' banknotes"
5033:"Dowling Duncan redesign the US banknotes"
4144:: CS1 maint: location missing publisher (
3543:The Science of Money and American Finances
3443:§122. If a man give ... it from the thief.
2705:for 2019 were also presented in this way.
1617:, a predecessor of Sweden's central bank,
932:
918:
528:
517:
503:
31:
4866:
4856:
4567:dollar banknotes have been issued by the
4445:. Cambridge: Cambridge University Press.
4122:Encyclopedia of American business history
3853:. Medieval Seminar, All Souls, 2012, p. 8
3733:"Chapter 12: Security Printing and Seals"
2820:may be shredded and then melted down and
2222:in the 1990s, etc. Banknotes may also be
2170:In the early 19th century (the so-called
1874:, prints notes which are legal tender in
1499:is the subject of a chapter of his book,
1213:methods development in recent centuries.
4706:. New York, Toronto: Rinehart & Co.
4704:The Transportation Revolution, 1815–1860
2654:Organisation of Eastern Caribbean States
2241:), which is the first foil application (
1703:; leaf design by Benjamin Franklin, 1779
5617:. New York: Columbia University Press.
5591:A New Economic View of American History
4953:. Australian Government. Archived from
4473:Jeffrey A. Tucker (16 September 2010).
4312:. Oxford University Press. p. 17.
3837:
3820:
3800:. Oxford University Press. p. 85.
3775:. Edward Elgar Publishing. p. 53.
3644:. Oxford University Press. p. 94.
3371:Records of the Past Exploration Society
3319:. Translated by King, Leonard William.
3219:Records of the Past Exploration Society
3152:
2944:Dynamic Intelligent Currency Encryption
2939:Dynamic Intelligent Currency Encryption
2826:
2782:, with a higher risk of manipulations.
2697:is presented in a vertical format. The
1751:federal government of the United States
531:
43:
5588:Atack, Jeremy; Passell, Peter (1994).
5565:from the original on 28 September 2012
4991:Environmental Science & Technology
4586:. Banque Internationale à Luxembourg.
4537:
4535:
4137:
4063:
4052:
4041:from the original on 20 September 2022
3622:
3599:
2210:, the financing of World War I by the
1095:before depositing the articles with a
1018:or commodities and have value only by
6108:Commodity theory of money (Metallism)
5539:from the original on 8 September 2011
5504:Cyndy Aleo-Carreira (25 March 2009).
5289:"Currency Processing and Destruction"
5180:from the original on 2 November 2021.
5063:"2018 New Series Hong Kong Banknotes"
4790:from the original on 12 November 2018
4556:from the original on 9 September 2008
4285:(3rd ed.). Krause Publications.
3749:from the original on 11 December 2013
2894:(approx. 1000 pieces, 1 kg)
2874:(approx. 1000 pieces, 1 kg)
2841:Federal Reserve Bank of San Francisco
2586:, Osterwieck, Paderborn and Pößneck.
2202:, the paper currency produced by the
1870:anywhere. The UK's central bank, the
1757:Central bank issuance of legal tender
7:
5638:. Boston: Houghton Mifflin Company.
5512:from the original on 4 November 2011
5407:from the original on 11 October 2012
5359:from the original on 8 November 2020
5269:from the original on 16 October 2007
5228:"How Currency Gets into Circulation"
4435:"The development of central banking"
4388:from the original on 15 January 2013
3971:[Europe's first banknotes].
3403:"Code of Hammurabi, King of Babylon"
3355:"Code of Hammurabi, King of Babylon"
3311:"Code of Hammurabi, King of Babylon"
3251:"Code of Hammurabi, King of Babylon"
3203:"Code of Hammurabi, King of Babylon"
3175:. British Royal Mint. Archived from
1917:notes until the introduction of the
1266:. Banknotes were seen by some as an
824:Residential mortgage-backed security
5702:(PhD). University of Hertfordshire.
5485:from the original on 26 August 2011
5459:from the original on 13 August 2011
5257:Trichur, Rita (28 September 2007).
4372:"Currency and Bank Notes Act, 1928"
4209:from the original on 3 January 2014
4203:Cité de l’économie et de la monnaie
3902:. New York: Thunder's Mouth Press.
3585:Ebrey, Walthall & Palais (2006)
3466:from the original on 25 August 2017
2914:, Germany (approx. 1 kg)
2785:When a Federal Reserve Bank of the
2011:have been detected in recent years.
1749:, but it was only in 1862 that the
1316:, the world's earliest paper money.
1167:desired to avoid the heavy bulk of
819:Commercial mortgage-backed security
5479:"Forged German Treasure Banknotes"
4934:
4923:
4912:
4894:
4881:
4820:from the original on 13 April 2019
4760:from the original on 17 April 2018
4590:from the original on 27 April 2015
4569:Board of Commissioners of Currency
4260:. Random House. pp. 344–346.
3567:. New York: The Macmillan Company.
2018:Wear costs. Banknotes do not lose
1911:Banque Internationale à Luxembourg
1852:state's four constituent countries
1227:Paper currency first developed in
844:Collateralized mortgage obligation
25:
6085:Akkadian standards of measurement
5716:(Bloomington, Illinois newspaper)
5238:from the original on 17 July 2019
5100:from the original on 8 March 2018
4671:from the original on 23 June 2012
4481:. Mises Institute. Archived from
4348:. Bank of England. Archived from
3433:from the original on 13 June 2021
3365:(3). Translated by Sommer, Otto.
3281:from the original on 13 June 2021
3213:(3). Translated by Sommer, Otto.
2977:Paper money collecting as a hobby
2955:Confiscation and asset forfeiture
1348:to avoid using the heavy bulk of
979:, which were legally required to
5894:
5632:Ebrey; Walthall; Palais (2006).
5594:. New York: W.W. Norton and Co.
5329:from the original on 9 July 2019
5299:from the original on 6 July 2019
5293:Federal Reserve Bank of New York
5232:Federal Reserve Bank of New York
5208:from the original on 9 July 2019
5152:from the original on 25 May 2018
5039:. 14 August 2010. Archived from
4462:– via LSE Research Online.
4410:. British Museum. Archived from
4326:from the original on 1 July 2023
4283:The Early Paper Money of America
4179:from the original on 1 July 2023
4101:from the original on 1 July 2023
4087:. Vincent Lannoye. p. 132.
3873:10.1163/1877-5888_rpp_com_125078
3684:from the original on 1 July 2023
3540:Moulton, Luther Vanhorn (1880).
3521:from the original on 1 July 2023
3331:from the original on 10 May 2021
3058:
3044:
2899:
2892:Federal Reserve Bank of New York
2879:
2872:Federal Reserve Bank of New York
2863:
2847:
2839:Fed Shreds as souvenir from the
2832:
2556:Russian administration of Alaska
2321:biaxially-oriented polypropylene
1443:European explorers and merchants
948: – also called a
539:
483:
471:
55:
5771:(W. Mesoamerica & N. Andes)
4620:from the original on 9 May 2018
3988:Social Science Research Network
2718:where several attempts to make
2699:Northern Irish £5 and £10 notes
2631:Vertical currency is a type of
2315:, Australia produced the first
1934:Monetary Authority of Singapore
1880:Banknotes of the pound sterling
1332:in the 7th century, during the
1250:China. European explorers like
1209:has been a principal driver of
964: – is a type of
5678:. Cambridge University Press.
5259:"Bankers wipe out dirty money"
5088:Brett Bundale (8 March 2018).
4702:Taylor, George Rogers (1951).
4610:"Error Is Human: Part I – PMG"
4475:"Yesterday was a Historic Day"
4346:"A brief history of banknotes"
3546:. Co-operative Press. p.
2991:, is a slowly growing area of
2931:, retail machines, and during
2709:Vending machines and banknotes
1913:was entitled to issue its own
1435:, issued paper money known as
839:Collateralized fund obligation
834:Collateralized debt obligation
1:
6088:
6036:List of historical currencies
5941:Central bank digital currency
5659:. Stanford University Press.
4858:10.1080/03058034.2016.1270876
4756:. National Printing Bureau.
4750:"Banknote Production Process"
4199:"The first European banknote"
4011:"Money: An Alternative Story"
3511:Jones, John Percival (1890).
3488:. 1 June 2016. Archived from
3095:Hybrid paper-polymer banknote
2497:
2461:hybrid paper-polymer banknote
2204:Confederate States of America
2107:Many currencies, such as the
1674:Province of Massachusetts Bay
1033:
729:Initial public offering (IPO)
618:Over-the-counter market (OTC)
6142:Standard of deferred payment
5531:Bank Note (23 August 2011).
5481:. mebanknotes. 28 May 2008.
5067:Hong Kong Monetary Authority
4159:Karl Gunnar Persson (2010).
2558:, banknotes were printed on
2039:Materials used for banknotes
1944:Advantages and disadvantages
1753:, began to print banknotes.
1644:Permanent issue of banknotes
1108:for replacement of deposits
1067:. Law 122 stipulated that a
6610:Accounting source documents
5096:. Toronto Star Newspapers.
4913:Mockford, 2014; pp. 122–123
4882:Mockford, 2014; pp. 118–119
4810:"Hybrid Banknote Substrate"
4120:Geisst, Charles R. (2005).
3931:Moshenskyi, Sergii (2008).
3798:Technology: A World History
3796:Daniel R. Headrick (2009).
3420:University of Chicago Press
3268:University of Chicago Press
3110:List of people on banknotes
3105:List of motifs on banknotes
1563:Birth of European banknotes
1300:Economy of the Song dynasty
1199:anticounterfeiting measures
6646:
4690:Atack & Passell (1994)
3863:Sarnowsky, Jürgen (2011).
3705:Timelines of World History
3160:Atack & Passell (1994)
2980:
2742:
2713:In the late 20th century,
2681:Hong Kong dollar banknotes
2472:optically variable devices
2256:
1699:Fifty-five-dollar bill in
1356:True paper money, called "
1296:List of Chinese inventions
1293:
1220:
764:Exchange-traded fund (ETF)
5889:
5455:. Consumer Fraud Report.
5323:Reserve Bank of Australia
3173:"Legal Tender Guidelines"
2929:automated teller machines
2459:issued the world's first
2313:Reserve Bank of Australia
2297:American Banknote Company
1678:war effort against France
1529:The Travels of Marco Polo
1502:The Travels of Marco Polo
1476:The Travels of Marco Polo
1290:Early Chinese paper money
1036:1755–1750 BC) stipulated
1030:Code of Hammurabi Law 100
6125:Quantity theory of money
5946:Chattel/movable property
5674:Needham, Joseph (1986).
5653:Gernet, Jacques (1962).
5609:Bowman, John S. (2000).
5535:. World Record Academy.
4814:Papierfabrik Louisenthal
4281:Newman, Eric P. (1990).
4240:Andrew McFarland Davis,
4124:. New York. p. 39.
4081:Vincent Lannoye (2011).
2987:Banknote collecting, or
2906:Shredded and briquetted
2886:Shredded and briquetted
2582:from 1923 is known from
2540:shirt fabric during the
2490:Russian American Company
1794:Bank Charter Act of 1844
1771:Bank Charter Act of 1844
1723:first appeared in 1855.
1145:first developed in China
1081:chattel/movable property
814:Mortgage-backed security
5693:Mockford, Jack (2014).
4254:Patrick Dillon (2007).
3771:Peter Bernholz (2003).
2691:2018 Canadian $ 10 bill
2494:Alaskan parchment scrip
2172:Bank Restriction Period
1726:The Scottish economist
1672:as the governor of the
1401:Emperor Huizong of Song
608:Foreign exchange market
397:Commemorative banknotes
6184:Complementary currency
6113:Credit theory of money
6073:Depository institution
5559:"Introducing the IBNS"
4935:Mockford, 2014; p. 127
4924:Mockford, 2014; p. 126
4895:Mockford, 2014; p. 121
4839:Crymble, Adam (2018).
4379:www.legislation.gov.uk
4306:Bouton, Terry (2007).
4062:Cite journal requires
3456:"The History of Money"
2807:
2740:
2513:United States Treasury
2504:
2272:
2216:Austro-Hungarian krone
2149:copper-plate engraving
2112:
2080:Edgeworthia chrysantha
2053:
1962:
1895:Hong Kong dollar notes
1866:or declared in law as
1843:
1819:
1774:
1704:
1657:
1576:
1534:
1480:
1325:
1317:
954:North American English
651:Inflation-indexed bond
478:Numismatics portal
116:Circulating currencies
6625:Written communication
6369:Continuous stationery
6280:Corrugated fiberboard
6167:Digital gold currency
5533:"Long Beach Sale Set"
5037:Dowling | Duncan
4784:European Central Bank
3896:Martin, Sean (2004).
3561:Wells, H. G. (1921).
3085:Contaminated currency
2791:financial institution
2734:
2488:
2353:Hong Kong SAR (China)
2266:
2106:
2051:
1951:
1841:
1833:Federal Reserve Notes
1816:
1764:
1698:
1651:
1636:Riksens Ständers Bank
1570:
1465:
1323:
1311:
1197:. It is countered by
809:Asset-backed security
208:Historical currencies
49:the study of currency
6046:Coincidence of wants
5866:Representative money
4485:on 18 September 2010
4352:on 29 September 2013
4019:10.2139/ssrn.1009611
3680:. pp. 353–355.
3147:Notes and references
2627:Vertical orientation
2595:Hudson's Bay Company
2523:. Most notoriously,
2198:produced during the
2188:Continental Congress
2184:Continental Currency
1701:Continental currency
1276:representative money
993:monetary authorities
179:Fictional currencies
6194:Time-based currency
5201:. 7 February 2019.
5003:2012EnST...46.6515L
3674:Marco Polo (1818).
3462:. 26 October 1996.
3359:Records of the Past
3207:Records of the Past
3179:on 17 December 2008
2912:Deutsche Bundesbank
2910:banknotes from the
2745:Dirty Money Project
2621:endocrine disruptor
2591:Pontiac's Rebellion
2417:Trinidad and Tobago
2192:American Revolution
1915:Luxembourgish franc
1901:, banknotes of the
1652:The sealing of the
1427:The founder of the
366:Commemorative coins
277:Medieval currencies
186:Proposed currencies
6630:Ancient inventions
6063:Clearinghouse bank
5751:Medium of exchange
4845:The London Journal
4647:SS Central America
4414:on 18 January 2012
4229:Discourse on Trade
3851:Dirhams for slaves
3849:Jankowiak, Marek.
3135:United States Note
3052:Numismatics portal
2828:Shredded Banknotes
2814:or as briquettes.
2741:
2505:
2349:Dominican Republic
2273:
2233:produced the 5000
2113:
2054:
1963:
1928:was issued by the
1844:
1820:
1809:Issue of banknotes
1785:during peacetime.
1775:
1705:
1690:medium of exchange
1658:
1602:split tally sticks
1577:
1493:William of Rubruck
1481:
1378:woodblock printing
1326:
1318:
849:Credit-linked note
792:Structured finance
646:Floating rate note
6592:
6591:
6461:Ingrain wallpaper
6270:Coffee cup sleeve
6204:
6203:
6189:Sectoral currency
6135:Market monetarism
6098:Code of Hammurabi
5887:
5886:
5879:Gold certificates
5685:978-0-5218-7566-0
5666:978-0-8047-0720-6
5645:978-0-6181-3384-0
5624:978-0-2311-1004-4
5601:978-0-393-96315-1
5065:(Press release).
5011:10.1021/es300876n
4997:(12): 6515–6522.
4713:978-0-87332-101-3
4692:, pp. 84–86.
4452:978-0-5214-9634-6
4227:Nicholas Barbon,
4131:978-0-8160-4350-7
4094:978-1-4802-0066-1
3942:978-1-4363-0694-2
3882:978-9-0041-4666-2
3807:978-0-19-988759-0
3782:978-1-84376-155-6
3718:978-0-7440-5627-3
3651:978-0-19-517571-4
3130:Trevett v. Weeden
2818:Polymer banknotes
2509:Crane and Company
2299:and developed by
2291:issued the first
2283:issued the first
2269:2000 Romanian lei
2253:Polymer banknotes
2200:French Revolution
2161:watermarked paper
2157:intaglio printing
2129:Giesecke+Devrient
2117:holographic foils
2109:Indonesian rupiah
2077:bark. Mitsumata (
1979:counterparty risk
1876:England and Wales
1779:Bank Charter Acts
1682:Thirteen Colonies
1619:Sveriges Riksbank
1585:goldsmith bankers
1454:Around 1150, the
1449:Ibrahim ibn Yaqub
1304:Jiaozi (currency)
1211:security printing
1065:contractual terms
942:
941:
899:Credit derivative
712:Equities (stocks)
527:
526:
16:(Redirected from
6637:
6231:
6224:
6217:
6208:
6172:Virtual currency
6157:Digital currency
6093:
6090:
6053:Bureau de change
5904:
5899:
5898:
5897:
5830:Domestic animals
5827:
5744:
5737:
5730:
5721:
5703:
5701:
5689:
5670:
5649:
5628:
5616:
5605:
5575:
5574:
5572:
5570:
5555:
5549:
5548:
5546:
5544:
5528:
5522:
5521:
5519:
5517:
5501:
5495:
5494:
5492:
5490:
5475:
5469:
5468:
5466:
5464:
5449:
5443:
5442:
5440:
5438:
5429:. Archived from
5423:
5417:
5416:
5414:
5412:
5393:
5387:
5386:
5381:. Archived from
5375:
5369:
5368:
5366:
5364:
5345:
5339:
5338:
5336:
5334:
5315:
5309:
5308:
5306:
5304:
5285:
5279:
5278:
5276:
5274:
5254:
5248:
5247:
5245:
5243:
5224:
5218:
5217:
5215:
5213:
5207:
5196:
5188:
5182:
5181:
5168:
5162:
5161:
5159:
5157:
5138:
5132:
5131:
5129:
5127:
5116:
5110:
5109:
5107:
5105:
5085:
5079:
5078:
5076:
5074:
5059:
5053:
5052:
5050:
5048:
5043:on 23 April 2011
5029:
5023:
5022:
4986:
4980:
4973:
4967:
4966:
4964:
4962:
4943:
4937:
4932:
4926:
4921:
4915:
4910:
4899:
4892:
4886:
4879:
4873:
4872:
4870:
4860:
4836:
4830:
4829:
4827:
4825:
4806:
4800:
4799:
4797:
4795:
4776:
4770:
4769:
4767:
4765:
4746:
4740:
4739:
4734:. Archived from
4724:
4718:
4717:
4699:
4693:
4687:
4681:
4680:
4678:
4676:
4665:sedwickcoins.com
4657:
4651:
4636:
4630:
4629:
4627:
4625:
4614:www.pmgnotes.com
4606:
4600:
4599:
4597:
4595:
4580:
4574:
4573:
4563:
4561:
4555:
4548:
4539:
4530:
4529:
4501:
4495:
4494:
4492:
4490:
4470:
4464:
4463:
4461:
4459:
4444:
4430:
4424:
4423:
4421:
4419:
4404:
4398:
4397:
4395:
4393:
4387:
4376:
4368:
4362:
4361:
4359:
4357:
4342:
4336:
4335:
4333:
4331:
4303:
4297:
4296:
4278:
4272:
4271:
4251:
4245:
4238:
4232:
4225:
4219:
4218:
4216:
4214:
4195:
4189:
4188:
4186:
4184:
4156:
4150:
4149:
4143:
4135:
4117:
4111:
4110:
4108:
4106:
4078:
4072:
4071:
4065:
4060:
4058:
4050:
4048:
4046:
4006:
4000:
3999:
3983:
3977:
3976:
3965:
3959:
3956:
3947:
3946:
3928:
3922:
3921:
3893:
3887:
3886:
3860:
3854:
3847:
3841:
3835:
3824:
3818:
3812:
3811:
3793:
3787:
3786:
3768:
3762:
3761:
3756:
3754:
3748:
3737:
3729:
3723:
3722:
3700:
3694:
3693:
3691:
3689:
3671:
3660:
3659:
3637:
3626:
3620:
3603:
3597:
3588:
3582:
3569:
3568:
3558:
3552:
3551:
3537:
3531:
3530:
3528:
3526:
3508:
3502:
3501:
3499:
3497:
3492:on 10 April 2019
3482:
3476:
3475:
3473:
3471:
3452:
3446:
3445:
3440:
3438:
3432:
3407:
3395:
3389:
3388:
3383:
3381:
3347:
3341:
3340:
3338:
3336:
3303:
3294:
3293:
3288:
3286:
3280:
3255:
3243:
3237:
3236:
3231:
3229:
3195:
3189:
3188:
3186:
3184:
3169:
3163:
3157:
3075:Banknote counter
3068:
3063:
3062:
3061:
3054:
3049:
3048:
3047:
2997:stamp collecting
2903:
2883:
2867:
2854:Shreds of unfit
2851:
2836:
2755:banknote sorting
2715:vending machines
2502:
2499:
2449:Northern Ireland
2385:Papua New Guinea
2317:polymer banknote
2311:(CSIRO) and the
2271:polymer banknote
2259:Polymer banknote
2214:(by 1922 1 gold
2186:produced by the
1975:commercial banks
1926:Singapore dollar
1860:Northern Ireland
1848:commercial banks
1615:Stockholms Banco
1581:price revolution
1573:Stockholms Banco
1557:bill of exchange
1549:promissory notes
1532:
1338:promissory notes
1223:History of money
1189:, including the
1129:promissory notes
1035:
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:
6645:
6644:
6640:
6639:
6638:
6636:
6635:
6634:
6595:
6594:
6593:
6588:
6547:
6511:
6475:
6449:
6413:
6355:
6319:
6243:
6235:
6205:
6200:
6152:Unit of account
6091:
6024:
6010:Promissory note
5988:Deposit account
5961:Cheque clearing
5915:
5907:
5900:
5895:
5893:
5883:
5860:
5825:
5793:Precious metals
5760:
5753:
5748:
5710:
5699:
5692:
5686:
5673:
5667:
5652:
5646:
5631:
5625:
5608:
5602:
5587:
5584:
5579:
5578:
5568:
5566:
5557:
5556:
5552:
5542:
5540:
5530:
5529:
5525:
5515:
5513:
5503:
5502:
5498:
5488:
5486:
5477:
5476:
5472:
5462:
5460:
5451:
5450:
5446:
5436:
5434:
5425:
5424:
5420:
5410:
5408:
5395:
5394:
5390:
5385:on 9 June 2012.
5377:
5376:
5372:
5362:
5360:
5355:. 18 May 2015.
5347:
5346:
5342:
5332:
5330:
5317:
5316:
5312:
5302:
5300:
5287:
5286:
5282:
5272:
5270:
5256:
5255:
5251:
5241:
5239:
5226:
5225:
5221:
5211:
5209:
5205:
5194:
5190:
5189:
5185:
5170:
5169:
5165:
5155:
5153:
5148:. 24 May 2018.
5140:
5139:
5135:
5125:
5123:
5118:
5117:
5113:
5103:
5101:
5087:
5086:
5082:
5072:
5070:
5061:
5060:
5056:
5046:
5044:
5031:
5030:
5026:
4988:
4987:
4983:
4977:Bank Regulation
4974:
4970:
4960:
4958:
4951:About Australia
4945:
4944:
4940:
4933:
4929:
4922:
4918:
4911:
4902:
4893:
4889:
4880:
4876:
4838:
4837:
4833:
4823:
4821:
4808:
4807:
4803:
4793:
4791:
4778:
4777:
4773:
4763:
4761:
4748:
4747:
4743:
4738:on 13 May 2012.
4726:
4725:
4721:
4714:
4701:
4700:
4696:
4688:
4684:
4674:
4672:
4659:
4658:
4654:
4637:
4633:
4623:
4621:
4608:
4607:
4603:
4593:
4591:
4584:"BIL's history"
4582:
4581:
4577:
4559:
4557:
4553:
4546:
4541:
4540:
4533:
4518:10.2307/2549352
4512:(44): 180–189.
4503:
4502:
4498:
4488:
4486:
4472:
4471:
4467:
4457:
4455:
4453:
4432:
4431:
4427:
4417:
4415:
4406:
4405:
4401:
4391:
4389:
4385:
4374:
4370:
4369:
4365:
4355:
4353:
4344:
4343:
4339:
4329:
4327:
4320:
4305:
4304:
4300:
4293:
4280:
4279:
4275:
4268:
4253:
4252:
4248:
4239:
4235:
4226:
4222:
4212:
4210:
4197:
4196:
4192:
4182:
4180:
4173:
4158:
4157:
4153:
4136:
4132:
4119:
4118:
4114:
4104:
4102:
4095:
4080:
4079:
4075:
4061:
4051:
4044:
4042:
4008:
4007:
4003:
3985:
3984:
3980:
3967:
3966:
3962:
3957:
3950:
3943:
3930:
3929:
3925:
3910:
3895:
3894:
3890:
3883:
3862:
3861:
3857:
3848:
3844:
3836:
3827:
3819:
3815:
3808:
3795:
3794:
3790:
3783:
3770:
3769:
3765:
3752:
3750:
3746:
3742:. p. 245.
3735:
3731:
3730:
3726:
3719:
3702:
3701:
3697:
3687:
3685:
3673:
3672:
3663:
3652:
3639:
3638:
3629:
3621:
3606:
3598:
3591:
3583:
3572:
3560:
3559:
3555:
3539:
3538:
3534:
3524:
3522:
3510:
3509:
3505:
3495:
3493:
3484:
3483:
3479:
3469:
3467:
3454:
3453:
3449:
3436:
3434:
3430:
3405:
3397:
3396:
3392:
3379:
3377:
3349:
3348:
3344:
3334:
3332:
3325:Yale Law School
3305:
3304:
3297:
3284:
3282:
3278:
3253:
3245:
3244:
3240:
3227:
3225:
3197:
3196:
3192:
3182:
3180:
3171:
3170:
3166:
3158:
3154:
3149:
3144:
3120:Postal currency
3064:
3059:
3057:
3050:
3045:
3043:
3040:
3027:
3009:
2985:
2979:
2957:
2941:
2933:cash-in-transit
2922:
2915:
2904:
2895:
2890:notes from the
2884:
2875:
2868:
2859:
2852:
2843:
2837:
2805:and/or drugs...
2747:
2729:
2711:
2673:cruzeiros reais
2629:
2615:Most recently,
2500:
2480:
2478:Other materials
2409:Solomon Islands
2261:
2255:
2137:
2121:portrait window
2046:
2044:Paper banknotes
2041:
1946:
1903:Macanese pataca
1872:Bank of England
1811:
1798:Bank of England
1767:Bank of England
1759:
1709:Bank of England
1686:bills of credit
1663:Nicholas Barbon
1654:Bank of England
1646:
1565:
1533:
1522:
1471:Medieval Europe
1456:Knights Templar
1445:
1340:in the form of
1306:
1292:
1272:promissory note
1264:precious metals
1225:
1219:
1112:while in their
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:
6643:
6641:
6633:
6632:
6627:
6622:
6617:
6615:Paper products
6612:
6607:
6597:
6596:
6590:
6589:
6587:
6586:
6584:Security paper
6581:
6576:
6571:
6566:
6561:
6555:
6553:
6549:
6548:
6546:
6545:
6540:
6535:
6530:
6525:
6519:
6517:
6513:
6512:
6510:
6509:
6504:
6499:
6494:
6489:
6483:
6481:
6477:
6476:
6474:
6473:
6468:
6463:
6457:
6455:
6451:
6450:
6448:
6447:
6442:
6437:
6432:
6427:
6421:
6419:
6415:
6414:
6412:
6411:
6406:
6401:
6396:
6391:
6386:
6381:
6376:
6371:
6365:
6363:
6357:
6356:
6354:
6353:
6348:
6343:
6338:
6333:
6327:
6325:
6321:
6320:
6318:
6317:
6312:
6307:
6302:
6297:
6292:
6287:
6282:
6277:
6275:Corrugated box
6272:
6267:
6265:Cigarette pack
6262:
6257:
6251:
6249:
6245:
6244:
6236:
6234:
6233:
6226:
6219:
6211:
6202:
6201:
6199:
6198:
6197:
6196:
6191:
6186:
6179:Local currency
6176:
6175:
6174:
6169:
6164:
6162:Cryptocurrency
6154:
6149:
6147:Store of value
6144:
6139:
6138:
6137:
6132:
6122:
6121:
6120:
6110:
6105:
6102:§100; §122–125
6095:
6092: 2150 BC
6082:
6077:
6076:
6075:
6065:
6060:
6055:
6050:
6049:
6048:
6038:
6032:
6030:
6026:
6025:
6023:
6022:
6017:
6012:
6007:
6002:
5997:
5992:
5991:
5990:
5980:
5975:
5970:
5965:
5964:
5963:
5953:
5948:
5943:
5938:
5933:
5927:
5925:
5909:
5908:
5906:
5905:
5890:
5888:
5885:
5884:
5882:
5881:
5876:
5870:
5868:
5862:
5861:
5859:
5858:
5857:(Tibet, China)
5852:
5846:
5840:
5833:
5831:
5824:
5823:
5818:
5813:
5807:
5801:
5800:(cotton cloth)
5795:
5790:
5784:
5778:
5772:
5765:
5763:
5755:
5754:
5749:
5747:
5746:
5739:
5732:
5724:
5718:
5717:
5709:
5708:External links
5706:
5705:
5704:
5690:
5684:
5671:
5665:
5650:
5644:
5629:
5623:
5606:
5600:
5583:
5580:
5577:
5576:
5550:
5523:
5496:
5470:
5444:
5433:on 3 June 2013
5427:"Resource.org"
5418:
5388:
5370:
5353:LinkedIn Pulse
5340:
5310:
5280:
5249:
5219:
5183:
5163:
5146:The Irish News
5133:
5111:
5080:
5069:. 24 July 2018
5054:
5024:
4981:
4968:
4957:on 7 June 2011
4947:"Our Currency"
4938:
4927:
4916:
4900:
4887:
4874:
4831:
4801:
4771:
4741:
4719:
4712:
4694:
4682:
4652:
4631:
4601:
4575:
4531:
4496:
4465:
4451:
4425:
4399:
4363:
4337:
4319:978-0195378566
4318:
4298:
4291:
4273:
4267:978-1844134083
4266:
4246:
4233:
4220:
4190:
4172:978-0521549400
4171:
4151:
4130:
4112:
4093:
4073:
4064:|journal=
4001:
3978:
3960:
3948:
3941:
3935:. p. 55.
3923:
3909:978-1560256458
3908:
3888:
3881:
3855:
3842:
3838:Needham (1986)
3825:
3821:Needham (1986)
3813:
3806:
3788:
3781:
3763:
3724:
3717:
3711:. p. 82.
3695:
3661:
3650:
3627:
3604:
3602:, p. 105.
3589:
3587:, p. 156.
3570:
3553:
3532:
3503:
3477:
3460:pbs.org – Nova
3447:
3390:
3367:Washington, DC
3342:
3316:Avalon Project
3295:
3238:
3215:Washington, DC
3190:
3164:
3162:, p. 469.
3151:
3150:
3148:
3145:
3143:
3142:
3137:
3132:
3127:
3122:
3117:
3115:Money creation
3112:
3107:
3102:
3097:
3092:
3087:
3082:
3080:J. S. G. Boggs
3077:
3071:
3070:
3069:
3055:
3039:
3036:
3026:
3023:
3008:
3005:
2981:Main article:
2978:
2975:
2956:
2953:
2940:
2937:
2921:
2918:
2917:
2916:
2905:
2898:
2896:
2885:
2878:
2876:
2869:
2862:
2860:
2853:
2846:
2844:
2838:
2831:
2829:
2764:paper shredder
2728:
2725:
2710:
2707:
2677:Brazilian real
2675:and the first
2642:money machines
2628:
2625:
2597:. In 1848, in
2521:hyperinflation
2479:
2476:
2468:counterfeiting
2421:United Kingdom
2257:Main article:
2254:
2251:
2220:Yugoslav dinar
2212:Central Powers
2180:hyperinflation
2136:
2133:
2045:
2042:
2040:
2037:
2032:
2031:
2027:
2024:
2020:economic value
2016:
2012:
2005:image scanners
1997:Counterfeiting
1994:
1958:cruzados novos
1945:
1942:
1850:in two of the
1828:currency union
1810:
1807:
1758:
1755:
1645:
1642:
1564:
1561:
1520:
1444:
1441:
1350:copper coinage
1344:of deposit to
1291:
1288:
1221:Main article:
1218:
1215:
1187:Counterfeiting
1169:copper coinage
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:
6642:
6631:
6628:
6626:
6623:
6621:
6618:
6616:
6613:
6611:
6608:
6606:
6603:
6602:
6600:
6585:
6582:
6580:
6577:
6575:
6572:
6570:
6567:
6565:
6562:
6560:
6559:Drink coaster
6557:
6556:
6554:
6550:
6544:
6541:
6539:
6536:
6534:
6531:
6529:
6526:
6524:
6521:
6520:
6518:
6514:
6508:
6505:
6503:
6500:
6498:
6495:
6493:
6490:
6488:
6485:
6484:
6482:
6478:
6472:
6469:
6467:
6464:
6462:
6459:
6458:
6456:
6452:
6446:
6445:Visiting card
6443:
6441:
6438:
6436:
6433:
6431:
6430:Business card
6428:
6426:
6423:
6422:
6420:
6416:
6410:
6407:
6405:
6402:
6400:
6399:Postage stamp
6397:
6395:
6392:
6390:
6389:Manila folder
6387:
6385:
6382:
6380:
6377:
6375:
6374:Greeting card
6372:
6370:
6367:
6366:
6364:
6362:
6358:
6352:
6349:
6347:
6344:
6342:
6339:
6337:
6334:
6332:
6331:Facial tissue
6329:
6328:
6326:
6322:
6316:
6315:Shipping tube
6313:
6311:
6308:
6306:
6303:
6301:
6298:
6296:
6293:
6291:
6288:
6286:
6283:
6281:
6278:
6276:
6273:
6271:
6268:
6266:
6263:
6261:
6258:
6256:
6253:
6252:
6250:
6246:
6242:
6239:
6232:
6227:
6225:
6220:
6218:
6213:
6212:
6209:
6195:
6192:
6190:
6187:
6185:
6182:
6181:
6180:
6177:
6173:
6170:
6168:
6165:
6163:
6160:
6159:
6158:
6155:
6153:
6150:
6148:
6145:
6143:
6140:
6136:
6133:
6131:
6128:
6127:
6126:
6123:
6119:
6116:
6115:
6114:
6111:
6109:
6106:
6104:; c. 1750 BC)
6103:
6099:
6096:
6086:
6083:
6081:
6078:
6074:
6071:
6070:
6069:
6066:
6064:
6061:
6059:
6056:
6054:
6051:
6047:
6044:
6043:
6042:
6039:
6037:
6034:
6033:
6031:
6027:
6021:
6018:
6016:
6013:
6011:
6008:
6006:
6003:
6001:
5998:
5996:
5993:
5989:
5986:
5985:
5984:
5981:
5979:
5976:
5974:
5971:
5969:
5966:
5962:
5959:
5958:
5957:
5954:
5952:
5949:
5947:
5944:
5942:
5939:
5937:
5934:
5932:
5929:
5928:
5926:
5923:
5919:
5914:
5910:
5903:
5892:
5880:
5877:
5875:
5872:
5871:
5869:
5867:
5863:
5856:
5853:
5850:
5847:
5844:
5841:
5838:
5837:Water buffalo
5835:
5834:
5832:
5828:
5822:
5819:
5817:
5814:
5811:
5808:
5806:(Roman world)
5805:
5802:
5799:
5796:
5794:
5791:
5788:
5785:
5782:
5779:
5777:(Mesoamerica)
5776:
5773:
5770:
5767:
5766:
5764:
5762:
5756:
5752:
5745:
5740:
5738:
5733:
5731:
5726:
5725:
5722:
5715:
5712:
5711:
5707:
5698:
5697:
5691:
5687:
5681:
5677:
5672:
5668:
5662:
5658:
5657:
5651:
5647:
5641:
5637:
5636:
5630:
5626:
5620:
5615:
5614:
5607:
5603:
5597:
5593:
5592:
5586:
5585:
5581:
5564:
5560:
5554:
5551:
5538:
5534:
5527:
5524:
5511:
5507:
5500:
5497:
5484:
5480:
5474:
5471:
5458:
5454:
5448:
5445:
5432:
5428:
5422:
5419:
5406:
5402:
5398:
5392:
5389:
5384:
5380:
5374:
5371:
5358:
5354:
5350:
5344:
5341:
5328:
5324:
5320:
5314:
5311:
5298:
5294:
5290:
5284:
5281:
5268:
5264:
5260:
5253:
5250:
5237:
5233:
5229:
5223:
5220:
5204:
5200:
5193:
5187:
5184:
5179:
5175:
5174:
5167:
5164:
5151:
5147:
5143:
5137:
5134:
5121:
5115:
5112:
5099:
5095:
5091:
5084:
5081:
5068:
5064:
5058:
5055:
5042:
5038:
5034:
5028:
5025:
5020:
5016:
5012:
5008:
5004:
5000:
4996:
4992:
4985:
4982:
4978:
4972:
4969:
4956:
4952:
4948:
4942:
4939:
4936:
4931:
4928:
4925:
4920:
4917:
4914:
4909:
4907:
4905:
4901:
4896:
4891:
4888:
4883:
4878:
4875:
4869:
4864:
4859:
4854:
4850:
4846:
4842:
4835:
4832:
4819:
4815:
4811:
4805:
4802:
4789:
4785:
4781:
4775:
4772:
4759:
4755:
4754:www.npb.go.jp
4751:
4745:
4742:
4737:
4733:
4729:
4723:
4720:
4715:
4709:
4705:
4698:
4695:
4691:
4686:
4683:
4670:
4666:
4662:
4656:
4653:
4649:
4648:
4643:
4642:
4635:
4632:
4619:
4615:
4611:
4605:
4602:
4589:
4585:
4579:
4576:
4572:
4570:
4552:
4545:
4538:
4536:
4532:
4527:
4523:
4519:
4515:
4511:
4507:
4500:
4497:
4484:
4480:
4476:
4469:
4466:
4454:
4448:
4443:
4442:
4436:
4429:
4426:
4413:
4409:
4403:
4400:
4384:
4380:
4373:
4367:
4364:
4351:
4347:
4341:
4338:
4325:
4321:
4315:
4311:
4310:
4302:
4299:
4294:
4292:0-87341-120-X
4288:
4284:
4277:
4274:
4269:
4263:
4259:
4258:
4250:
4247:
4243:
4237:
4234:
4231:, 1690. p. 37
4230:
4224:
4221:
4208:
4204:
4200:
4194:
4191:
4178:
4174:
4168:
4164:
4163:
4155:
4152:
4147:
4141:
4133:
4127:
4123:
4116:
4113:
4100:
4096:
4090:
4086:
4085:
4077:
4074:
4069:
4056:
4040:
4036:
4032:
4028:
4024:
4020:
4016:
4012:
4005:
4002:
3997:
3993:
3989:
3982:
3979:
3975:(in Swedish).
3974:
3970:
3964:
3961:
3955:
3953:
3949:
3944:
3938:
3934:
3927:
3924:
3919:
3915:
3911:
3905:
3901:
3900:
3892:
3889:
3884:
3878:
3874:
3870:
3866:
3865:Templar Order
3859:
3856:
3852:
3846:
3843:
3840:, p. 48.
3839:
3834:
3832:
3830:
3826:
3823:, p. 47.
3822:
3817:
3814:
3809:
3803:
3799:
3792:
3789:
3784:
3778:
3774:
3767:
3764:
3760:
3745:
3741:
3734:
3728:
3725:
3720:
3714:
3710:
3706:
3699:
3696:
3683:
3679:
3678:
3670:
3668:
3666:
3662:
3658:
3653:
3647:
3643:
3636:
3634:
3632:
3628:
3625:, p. 80.
3624:
3623:Gernet (1962)
3619:
3617:
3615:
3613:
3611:
3609:
3605:
3601:
3600:Bowman (2000)
3596:
3594:
3590:
3586:
3581:
3579:
3577:
3575:
3571:
3566:
3565:
3557:
3554:
3549:
3545:
3544:
3536:
3533:
3520:
3516:
3515:
3507:
3504:
3491:
3487:
3481:
3478:
3465:
3461:
3457:
3451:
3448:
3444:
3429:
3425:
3421:
3417:
3413:
3412:
3404:
3400:
3394:
3391:
3387:
3376:
3372:
3368:
3364:
3360:
3356:
3352:
3346:
3343:
3330:
3326:
3322:
3321:New Haven, CT
3318:
3317:
3312:
3308:
3302:
3300:
3296:
3292:
3277:
3273:
3269:
3265:
3261:
3260:
3252:
3248:
3242:
3239:
3235:
3224:
3220:
3216:
3212:
3208:
3204:
3200:
3194:
3191:
3178:
3174:
3168:
3165:
3161:
3156:
3153:
3146:
3141:
3138:
3136:
3133:
3131:
3128:
3126:
3123:
3121:
3118:
3116:
3113:
3111:
3108:
3106:
3103:
3101:
3098:
3096:
3093:
3091:
3088:
3086:
3083:
3081:
3078:
3076:
3073:
3072:
3067:
3056:
3053:
3042:
3037:
3035:
3031:
3024:
3022:
3018:
3015:
3006:
3004:
3002:
2998:
2994:
2990:
2984:
2976:
2974:
2972:
2968:
2967:United States
2963:
2954:
2952:
2949:
2945:
2938:
2936:
2934:
2930:
2926:
2919:
2913:
2909:
2902:
2897:
2893:
2889:
2882:
2877:
2873:
2866:
2861:
2857:
2850:
2845:
2842:
2835:
2830:
2827:
2825:
2823:
2819:
2815:
2813:
2806:
2804:
2797:
2794:
2792:
2788:
2787:United States
2783:
2781:
2777:
2773:
2770:A subsequent
2768:
2765:
2761:
2756:
2752:
2751:wear and tear
2746:
2738:
2733:
2726:
2724:
2721:
2716:
2708:
2706:
2704:
2700:
2696:
2695:Viola Desmond
2692:
2687:
2684:
2682:
2678:
2674:
2670:
2665:
2663:
2659:
2655:
2651:
2647:
2643:
2639:
2634:
2626:
2624:
2622:
2618:
2613:
2611:
2607:
2606:playing cards
2602:
2600:
2596:
2593:, and by the
2592:
2587:
2585:
2581:
2577:
2573:
2569:
2565:
2561:
2557:
2553:
2549:
2545:
2543:
2539:
2535:
2531:
2526:
2522:
2518:
2514:
2510:
2495:
2491:
2487:
2483:
2477:
2475:
2473:
2469:
2464:
2462:
2458:
2454:
2450:
2446:
2445:Northern Bank
2442:
2438:
2434:
2430:
2426:
2422:
2418:
2414:
2410:
2406:
2402:
2398:
2394:
2390:
2386:
2382:
2378:
2374:
2370:
2366:
2362:
2358:
2354:
2350:
2346:
2342:
2338:
2334:
2330:
2326:
2322:
2318:
2314:
2310:
2306:
2302:
2298:
2294:
2290:
2286:
2282:
2278:
2270:
2265:
2260:
2252:
2250:
2248:
2244:
2240:
2236:
2232:
2227:
2225:
2221:
2217:
2213:
2209:
2205:
2201:
2197:
2193:
2189:
2185:
2181:
2175:
2173:
2168:
2166:
2162:
2158:
2154:
2150:
2145:
2141:
2134:
2132:
2130:
2126:
2122:
2118:
2110:
2105:
2101:
2098:
2093:
2088:
2086:
2082:
2081:
2076:
2071:
2067:
2063:
2059:
2050:
2043:
2038:
2036:
2028:
2025:
2021:
2017:
2013:
2010:
2006:
2003:and computer
2002:
1998:
1995:
1991:
1990:
1989:
1986:
1984:
1980:
1976:
1971:
1968:
1959:
1955:
1950:
1943:
1941:
1937:
1935:
1931:
1927:
1922:
1920:
1916:
1912:
1908:
1904:
1900:
1896:
1892:
1888:
1883:
1881:
1877:
1873:
1869:
1865:
1861:
1857:
1853:
1849:
1840:
1836:
1834:
1829:
1825:
1815:
1808:
1806:
1803:
1799:
1795:
1791:
1786:
1784:
1780:
1772:
1768:
1763:
1756:
1754:
1752:
1748:
1744:
1740:
1739:United States
1735:
1733:
1729:
1724:
1722:
1718:
1714:
1710:
1702:
1697:
1693:
1691:
1687:
1683:
1679:
1675:
1671:
1670:William Phips
1666:
1664:
1655:
1650:
1643:
1641:
1639:
1637:
1632:
1628:
1624:
1620:
1616:
1611:
1608:
1603:
1599:
1594:
1590:
1586:
1582:
1574:
1569:
1562:
1560:
1558:
1554:
1550:
1546:
1542:
1539:
1531:
1530:
1525:
1519:
1516:
1510:
1508:
1504:
1503:
1498:
1494:
1490:
1486:
1478:
1477:
1473:in his book,
1472:
1468:
1464:
1460:
1457:
1452:
1450:
1442:
1440:
1438:
1434:
1430:
1425:
1421:
1417:
1415:
1411:
1407:
1402:
1398:
1394:
1390:
1386:
1381:
1379:
1373:
1371:
1367:
1363:
1359:
1354:
1351:
1347:
1343:
1339:
1335:
1331:
1322:
1315:
1312:Song dynasty
1310:
1305:
1301:
1297:
1289:
1287:
1285:
1281:
1277:
1273:
1269:
1265:
1260:
1257:
1253:
1249:
1245:
1244:Mongol Empire
1241:
1237:
1233:
1230:
1224:
1216:
1214:
1212:
1208:
1204:
1200:
1196:
1192:
1188:
1184:
1182:
1178:
1177:Mongol Empire
1174:
1170:
1166:
1162:
1158:
1154:
1150:
1146:
1142:
1138:
1134:
1130:
1126:
1122:
1117:
1115:
1111:
1107:
1102:
1098:
1094:
1090:
1086:
1082:
1078:
1074:
1070:
1066:
1063:
1060:specified in
1059:
1058:maturity date
1055:
1051:
1047:
1043:
1039:
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:
6620:Watermarking
6564:Filter paper
6538:Playing card
6424:
6409:Post-it note
6346:Toilet paper
6068:Savings bank
6058:Central bank
5995:Legal tender
5935:
5902:Money portal
5695:
5675:
5655:
5634:
5612:
5590:
5582:Bibliography
5567:. Retrieved
5553:
5541:. Retrieved
5526:
5514:. Retrieved
5508:. PC World.
5499:
5487:. Retrieved
5473:
5461:. Retrieved
5447:
5435:. Retrieved
5431:the original
5421:
5409:. Retrieved
5400:
5391:
5383:the original
5373:
5361:. Retrieved
5352:
5343:
5331:. Retrieved
5322:
5313:
5301:. Retrieved
5292:
5283:
5273:28 September
5271:. Retrieved
5263:Toronto Star
5262:
5252:
5240:. Retrieved
5231:
5222:
5210:. Retrieved
5198:
5186:
5172:
5166:
5154:. Retrieved
5145:
5136:
5124:. Retrieved
5114:
5102:. Retrieved
5093:
5083:
5071:. Retrieved
5057:
5045:. Retrieved
5041:the original
5036:
5027:
4994:
4990:
4984:
4976:
4975:S.K. Singh,
4971:
4959:. Retrieved
4955:the original
4950:
4941:
4930:
4919:
4890:
4877:
4851:(1): 36–52.
4848:
4844:
4834:
4822:. Retrieved
4813:
4804:
4792:. Retrieved
4783:
4774:
4762:. Retrieved
4753:
4744:
4736:the original
4731:
4722:
4703:
4697:
4685:
4673:. Retrieved
4664:
4655:
4645:
4639:
4634:
4622:. Retrieved
4613:
4604:
4592:. Retrieved
4578:
4565:
4558:. Retrieved
4509:
4505:
4499:
4489:17 September
4487:. Retrieved
4483:the original
4478:
4468:
4456:. Retrieved
4440:
4428:
4416:. Retrieved
4412:the original
4402:
4390:. Retrieved
4378:
4366:
4354:. Retrieved
4350:the original
4340:
4328:. Retrieved
4308:
4301:
4282:
4276:
4256:
4249:
4241:
4236:
4228:
4223:
4211:. Retrieved
4202:
4193:
4181:. Retrieved
4161:
4154:
4121:
4115:
4103:. Retrieved
4083:
4076:
4055:cite journal
4043:. Retrieved
4004:
3987:
3981:
3972:
3963:
3932:
3926:
3898:
3891:
3864:
3858:
3850:
3845:
3816:
3797:
3791:
3772:
3766:
3758:
3751:. Retrieved
3739:
3727:
3707:. New York:
3704:
3698:
3688:19 September
3686:. Retrieved
3676:
3655:
3641:
3563:
3556:
3542:
3535:
3523:. Retrieved
3513:
3506:
3494:. Retrieved
3490:the original
3480:
3468:. Retrieved
3459:
3450:
3442:
3435:. Retrieved
3411:Liberty Fund
3409:
3393:
3385:
3378:. Retrieved
3362:
3358:
3345:
3333:. Retrieved
3314:
3290:
3283:. Retrieved
3259:Liberty Fund
3257:
3241:
3233:
3226:. Retrieved
3210:
3206:
3193:
3181:. Retrieved
3177:the original
3167:
3155:
3066:Money portal
3032:
3028:
3019:
3010:
2986:
2970:
2958:
2942:
2935:operations.
2923:
2816:
2808:
2799:
2795:
2784:
2780:incineration
2769:
2760:central bank
2748:
2720:dollar coins
2712:
2688:
2685:
2667:Since 1979,
2666:
2630:
2614:
2603:
2588:
2546:
2506:
2481:
2465:
2274:
2228:
2176:
2169:
2146:
2142:
2138:
2120:
2114:
2089:
2078:
2058:cotton paper
2055:
2033:
2009:superdollars
2001:photocopiers
1987:
1972:
1964:
1938:
1923:
1884:
1868:legal tender
1845:
1824:central bank
1821:
1802:money supply
1787:
1783:legal tender
1776:
1736:
1725:
1706:
1680:. The other
1667:
1659:
1634:
1612:
1592:
1578:
1535:
1527:
1512:
1500:
1497:Yuan dynasty
1482:
1474:
1453:
1446:
1429:Yuan dynasty
1426:
1422:
1418:
1416:, and Anqi.
1382:
1374:
1369:
1362:Song dynasty
1355:
1334:Tang dynasty
1327:
1313:
1261:
1248:Yuan dynasty
1240:Song dynasty
1236:flying money
1235:
1229:Tang dynasty
1226:
1185:
1173:Yuan dynasty
1118:
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:
6574:Paper model
6528:Paper craft
6454:Decorations
6341:Paper towel
6295:Oyster pail
6290:Molded pulp
6020:Safekeeping
5874:Bimetallism
5789:(W. Africa)
5319:"Recycling"
4594:13 December
4458:17 December
4392:17 December
4356:17 December
4330:13 November
4213:26 February
4045:1 September
3183:2 September
3125:Seigniorage
3001:$ 1000 bill
2993:numismatics
2948:unforgeable
2737:5 euro note
2727:Destruction
2703:Ulster Bank
2658:Switzerland
2617:Bisphenol S
2610:Isle of Man
2501: 1852
2455:. In 2005,
2393:Philippines
2377:New Zealand
2289:Isle of Man
2224:overprinted
2190:during the
2070:ultraviolet
1885:In the two
1625:had forced
1607:circulation
1515:Kublai Khan
1433:Kublai Khan
1346:wholesalers
1165:wholesalers
1147:during the
1139:. However,
1125:Han dynasty
1123:during the
1085:safekeeping
1079:, or other
958:paper money
867:Derivatives
754:Mutual fund
623:Spot market
445:Scripophily
45:Numismatics
6599:Categories
6533:Paper toys
6516:Recreation
6379:Index card
6361:Stationery
6310:Paperboard
6248:Containers
6130:Monetarism
6118:Chartalism
6015:Redemption
6005:Possession
5968:Clay token
5821:Trade bead
5775:Cocoa bean
5759:Commodity
4885:exchange."
4868:2299/19710
4479:Mises Wire
4418:31 October
3422:. p.
3270:. p.
3090:Hell money
2772:briquettor
2701:issued by
2650:Cape Verde
2640:and other
2325:Bangladesh
2319:made from
2277:Costa Rica
2237:banknote (
1907:Luxembourg
1864:fiat money
1524:Marco Polo
1505:, titled "
1489:Marco Polo
1467:Marco Polo
1294:See also:
1284:fiat money
1252:Marco Polo
1181:Marco Polo
1114:possession
966:negotiable
774:Index fund
769:Hedge fund
699:Pfandbrief
573:Derivative
551:Securities
533:Securities
347:Collection
290:Production
220:Achaemenid
6605:Banknotes
6579:Sandpaper
6502:Newsprint
6497:Newspaper
6471:Wallpaper
6418:Financial
6305:Paper cup
6300:Paper bag
5839:(SE Asia)
5769:Axe-money
5569:6 October
5543:27 August
5516:27 August
5489:27 August
5463:27 August
5047:15 August
4732:De La Rue
4560:14 August
4506:Economica
4140:cite book
3525:24 August
3470:24 August
3399:Hammurabi
3351:Hammurabi
3307:Hammurabi
3247:Hammurabi
3199:Hammurabi
3140:Used note
3017:dollars.
2989:notaphily
2983:Notaphily
2888:US dollar
2856:US dollar
2812:souvenirs
2669:Sri Lanka
2662:Venezuela
2534:Turkestan
2525:Bielefeld
2405:Singapore
2357:Indonesia
2345:Guatemala
2305:Australia
2275:In 1983,
2247:holograms
2235:Schilling
2229:In 1988,
2196:Assignats
2165:Berkshire
2097:De La Rue
2092:watermark
1983:inflation
1921:in 1999.
1897:, and in
1891:Hong Kong
1822:Today, a
1732:Louis XIV
1721:signature
1627:the Crown
1161:merchants
1101:liability
1069:depositor
1038:repayment
568:Debenture
392:Banknotes
385:Notaphily
319:Hammering
302:Designers
225:Byzantine
92:Banknotes
18:Banknotes
6543:Quilling
6523:Confetti
6507:Pamphlet
6492:Magazine
6440:Passbook
6425:Banknote
6404:Postcard
6394:Notebook
6351:Wet wipe
6285:Envelope
6241:products
5978:Currency
5956:Clearing
5936:Banknote
5931:Bailment
5851:(Arabia)
5812:(barley)
5798:Quachtli
5563:Archived
5561:. IBNS.
5537:Archived
5510:Archived
5483:Archived
5457:Archived
5437:16 April
5405:Archived
5401:ndsn.org
5357:Archived
5327:Archived
5297:Archived
5295:. 2014.
5267:Archived
5236:Archived
5234:. 2013.
5203:Archived
5178:Archived
5150:Archived
5126:16 April
5104:16 April
5098:Archived
5094:The Star
5019:22591511
4898:period."
4818:Archived
4788:Archived
4786:. 2019.
4764:16 April
4758:Archived
4669:Archived
4644:and the
4624:16 April
4618:Archived
4588:Archived
4551:Archived
4383:Archived
4324:Archived
4207:Archived
4177:Archived
4099:Archived
4039:Archived
3918:57175151
3744:Archived
3682:Archived
3519:Archived
3464:Archived
3428:Archived
3401:(1904).
3353:(1903).
3329:Archived
3309:(1910).
3276:Archived
3249:(1904).
3201:(1903).
3100:Intaglio
3038:See also
2822:recycled
2803:dye pack
2776:landfill
2633:currency
2560:sealskin
2542:Boer War
2530:Xinjiang
2492:-issued
2457:Bulgaria
2413:Thailand
2389:Paraguay
2365:Malaysia
2287:and the
2243:Kinegram
2206:and the
2153:printing
2075:mulberry
1961:1000:1).
1954:cruzados
1856:Scotland
1728:John Law
1715:against
1575:in 1666.
1545:Flanders
1538:medieval
1521:—
1437:Jiaochao
1414:Hangzhou
1391:(modern
1342:receipts
1256:Napoleon
1203:printing
1195:currency
1157:receipts
1141:Carthage
1089:bailment
1054:schedule
1050:creditor
946:banknote
558:Banknote
404:Exonumia
255:Japanese
235:Filipino
215:Aksumite
79:Currency
67:Glossary
37:a series
35:Part of
6324:Hygiene
6029:General
5983:Deposit
5973:Coinage
5845:(Hindu)
5787:Manilla
5212:10 July
5073:24 July
4999:Bibcode
4961:19 July
4824:11 July
4794:11 July
4526:2549352
4508:. New.
4035:1009611
4027:2254888
3996:2244977
3657:rulers.
3437:20 June
3416:Chicago
3380:20 June
3335:20 June
3285:20 June
3264:Chicago
3228:20 June
3025:Novelty
2962:cocaine
2646:Bermuda
2599:Bohemia
2580:Notgeld
2517:Notgeld
2429:Vietnam
2425:Uruguay
2397:Romania
2381:Nigeria
2307:by the
2293:Bradvek
2231:Austria
1790:banking
1737:In the
1459:value.
1410:Chengdu
1406:Huizhou
1393:Shexian
1385:tribute
1217:History
1207:cheques
1201:in the
1191:forgery
1062:written
1056:with a
894:Warrant
879:Futures
874:Forward
829:Tranche
591:Markets
433:Cheques
378:Grading
312:Milling
307:Coining
270:Tibetan
250:Italian
230:Chinese
148:Oceania
97:Forgery
6435:Coupon
6384:Letter
6336:Napkin
6260:Carton
6041:Barter
6000:Notary
5951:Cheque
5816:Shells
5810:Shekel
5783:(rice)
5682:
5663:
5642:
5621:
5598:
5411:5 June
5363:18 May
5333:9 July
5303:9 July
5242:9 July
5156:25 May
5017:
4710:
4675:3 June
4641:Atocha
4524:
4449:
4316:
4289:
4264:
4183:3 June
4169:
4128:
4105:2 July
4091:
4033:
4025:
3994:
3939:
3916:
3906:
3879:
3804:
3779:
3753:26 May
3715:
3648:
3496:9 June
3007:Trades
2660:, and
2652:, the
2568:Pernau
2564:Dorpat
2552:sieges
2548:Cotton
2453:Taiwan
2451:, and
2443:, the
2441:Kuwait
2433:Zambia
2431:, and
2419:, the
2407:, the
2391:, the
2369:Mexico
2361:Israel
2337:Canada
2333:Brunei
2329:Brazil
2301:DuPont
2239:Mozart
2194:, the
2023:coins.
1909:, the
1818:London
1717:France
1631:silver
1623:copper
1593:bearer
1589:London
1553:Europe
1485:Europe
1389:Xin'an
1370:jiaozi
1366:specie
1358:jiaozi
1314:Jiaozi
1302:, and
1280:London
1268:I.O.U.
1137:London
1110:stolen
1106:liable
1097:banker
1093:notary
1077:silver
1046:debtor
981:redeem
884:Option
452:Stocks
438:Scrips
428:Tokens
421:Medals
416:Jetons
334:Errors
329:Metals
245:Indian
133:Europe
123:Africa
6552:Other
6480:Media
6238:Paper
5922:Token
5913:Money
5849:Camel
5761:money
5700:(PDF)
5206:(PDF)
5195:(PDF)
4554:(PDF)
4547:(PDF)
4522:JSTOR
4386:(PDF)
4375:(PDF)
4023:S2CID
3973:Alvin
3747:(PDF)
3736:(PDF)
3431:(PDF)
3406:(PDF)
3279:(PDF)
3254:(PDF)
2604:Even
2584:Borna
2576:Werro
2572:Reval
2538:khaki
2437:China
2401:Samoa
2373:Nepal
2341:Chile
2285:Tyvek
2281:Haiti
2085:Washi
2066:abaca
2062:linen
1967:coins
1899:Macau
1541:Italy
1397:Anhui
1330:China
1232:China
1121:China
1091:to a
1052:on a
1048:to a
1044:by a
1040:of a
1024:coins
1008:coins
1004:debts
724:Share
719:Stock
578:Stock
457:Bonds
361:Coins
260:Roman
240:Greek
87:Coins
6569:Form
6487:Book
6080:Mint
5918:Fiat
5804:Salt
5781:Koku
5680:ISBN
5661:ISBN
5640:ISBN
5619:ISBN
5596:ISBN
5571:2012
5545:2011
5518:2011
5491:2011
5465:2011
5439:2018
5413:2012
5365:2015
5335:2019
5305:2019
5275:2007
5244:2019
5214:2019
5158:2018
5128:2018
5106:2018
5075:2018
5049:2012
5015:PMID
4963:2011
4826:2019
4796:2019
4766:2018
4708:ISBN
4677:2012
4626:2018
4596:2013
4562:2008
4491:2010
4460:2012
4447:ISBN
4420:2011
4394:2012
4358:2013
4332:2021
4314:ISBN
4287:ISBN
4262:ISBN
4215:2014
4185:2012
4167:ISBN
4146:link
4126:ISBN
4107:2018
4089:ISBN
4068:help
4047:2022
4031:SSRN
3992:SSRN
3937:ISBN
3914:OCLC
3904:ISBN
3877:ISBN
3802:ISBN
3777:ISBN
3755:2014
3713:ISBN
3690:2012
3646:ISBN
3527:2017
3498:2018
3472:2017
3439:2021
3382:2021
3337:2021
3287:2021
3230:2021
3185:2007
3014:eBay
2908:euro
2689:The
2279:and
2151:and
2125:euro
1977:had
1919:Euro
1858:and
1765:The
1747:1816
1745:and
1743:1791
1543:and
1491:and
1163:and
1153:Song
1151:and
1149:Tang
1133:Rome
1083:for
1073:gold
1042:loan
1020:fiat
973:bank
962:note
950:bill
889:Swap
563:Bond
324:Cast
297:Mint
265:Thai
167:LETS
128:Asia
104:List
6466:Mat
6255:Box
5855:Yak
5843:Cow
5007:doi
4863:hdl
4853:doi
4514:doi
4015:doi
3869:doi
3548:134
2638:ATM
2447:of
2178:to
2087:).
1882:).
1713:war
1587:of
1536:In
1509:".
1380:).
1270:or
1246:or
1119:In
1071:of
991:or
956:),
109:ISO
6601::
6089:c.
5403:.
5399:.
5351:.
5325:.
5321:.
5291:.
5265:.
5261:.
5230:.
5197:.
5144:.
5092:.
5035:.
5013:.
5005:.
4995:46
4993:.
4949:.
4903:^
4861:.
4849:43
4847:.
4843:.
4816:.
4812:.
4782:.
4752:.
4730:.
4667:.
4663:.
4616:.
4612:.
4564:.
4534:^
4520:.
4510:11
4477:.
4437:.
4381:.
4377:.
4322:.
4205:.
4201:.
4175:.
4142:}}
4138:{{
4097:.
4059::
4057:}}
4053:{{
4037:.
4029:.
4021:.
4013:.
3990:.
3951:^
3912:.
3875:.
3867:.
3828:^
3757:.
3738:.
3709:DK
3664:^
3654:.
3630:^
3607:^
3592:^
3573:^
3517:.
3458:.
3441:.
3426:.
3424:43
3418::
3408:.
3384:.
3375:77
3373::
3369::
3361:.
3357:.
3327:.
3323::
3313:.
3298:^
3289:.
3274:.
3272:35
3266::
3256:.
3232:.
3223:75
3221::
3217::
3209:.
3205:.
2735:A
2656:,
2648:,
2574:,
2570:,
2566:,
2544:.
2498:c.
2463:.
2439:,
2427:,
2423:,
2415:,
2411:,
2403:,
2399:,
2395:,
2387:,
2383:,
2379:,
2375:,
2371:,
2367:,
2363:,
2359:,
2355:,
2351:,
2347:,
2343:,
2339:,
2335:,
2331:,
2327:,
2267:A
2249:.
2064:,
1936:.
1526:,
1431:,
1412:,
1408:,
1395:,
1298:,
1286:.
1127:,
1116:.
1075:,
1034:c.
995:.
944:A
39:on
6230:e
6223:t
6216:v
6100:(
6094:)
6087:(
5924:)
5920:/
5916:(
5743:e
5736:t
5729:v
5688:.
5669:.
5648:.
5627:.
5604:.
5573:.
5547:.
5520:.
5493:.
5467:.
5441:.
5415:.
5367:.
5337:.
5307:.
5277:.
5246:.
5216:.
5160:.
5130:.
5108:.
5077:.
5051:.
5021:.
5009::
5001::
4965:.
4871:.
4865::
4855::
4828:.
4798:.
4768:.
4716:.
4679:.
4628:.
4598:.
4528:.
4516::
4493:.
4422:.
4396:.
4360:.
4334:.
4295:.
4270:.
4217:.
4187:.
4148:)
4134:.
4109:.
4070:)
4066:(
4049:.
4017::
3998:.
3945:.
3920:.
3885:.
3871::
3810:.
3785:.
3721:.
3692:.
3550:.
3529:.
3500:.
3474:.
3363:2
3339:.
3211:2
3187:.
2503:)
2496:(
1854:(
1835:.
1773:.
1638:,
1479:.
1032:(
952:(
933:e
926:t
919:v
518:e
511:t
504:v
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.