History

Questions tagged [money]

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Use for questions related to the history of money and methods of payment. The tag could be also used for asking for a particular system or currency (e.g. the British pre-decimal system before 1971).

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19
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4answers
1k views

How can prices be compared over time?

I've just asked a question where Tyler Durden wrote in his answer that paper was expensive at Euclids time. So I wanted to ask the question: How did the price of paper / papyrus develop over time?...
23
votes
1answer
3k views

Leather 1.50 German gold mark

I have a German 1.50 gold mark that looks to be made of leather. It is about 3/16 of an inch thick. and dyed black. It has many symbols. Please if anyone can tell me about this. It looks to be dated ...
5
votes
1answer
303 views

German 10 zehn heller

This 10 zehn heller , which I believe at the top on the reverse says "Notgeld" but it is really hard to make out. The date looks like "1827" but is probably 1923 and it seems to have a wood grain ...
2
votes
0answers
216 views

Value of commodity money outside of the place it was minted

How was the exchange rate determined between different commodity currencies? E.g., country X mints gold Zorkmids, each weighing 5g, and country Y mints gold Zennys, each weighting 8 grams. When Ms.XX ...
25
votes
2answers
3k views

When and where were the first coins made showing the currency or a face value?

According to this article Origin and Evolution of Money, coins ...for many centuries...were guaranteed by their intrinsic value, that is to say, by the trade value of the metal used in their ...
4
votes
1answer
286 views

How was money transferred before digital transactions?

Take, for example, the late 18th century and pre-French Revolution. The American War of Independence (1775 - '83) and the Seven Years War (1754 - '63) were financially ruinous for Louis XVI's France, ...
1
vote
3answers
183 views

How did redenomination prevent the Weimar Republic from further decline?

My school is currently teaching us European History in the 20th century, and we were on the topic of the Weimar Republic. It got me thinking, how exactly did redenomination of currency save the ...