Money
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Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primar
Euro banknotes and coins
A 640 BC one-third stater electrum coin from Lydia. According to Herodotus, the Lydians were the first people to introduce the use of gold and silver coins. It is thought by modern scholars that these first stamped coins were minted around 650 to 600 BC.
Egyptian gold stater of Nectanebo II: reverse with hieroglyphs nfr-nb, minted in Egypt around 360 BC.
Song Dynasty Jiaozi, the world's earliest paper money
Fiat money
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Fiat money or fiat currency is a type of government-issued currency, generally created by a central bank, authorized by government regulation to be legal tender but not backed by a precious metal, suc
Money
…historically an emergent market phenomenon that possessed intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender…
Yuan dynasty banknotes are a medieval form of fiat money. This banknote has a value of èr guàn (貳貫) printed on it, where 貳 is the version of the word "two" used in financial writing, and 貫 is a unit of measure called a string of cash coins. Directly under the words "貳貫" are a picture of 2 circular strings of cash coins, visually depicting the physical currency value represented by this banknote.