7 The Most Unique Currency History in the World

Money is a dead matter that is so sought after by humans. In fact they are willing to go out for paper or metal that has the name of the money. Based on the information from the Big Indonesian Dictionary, money is a legal medium of exchange or standard of value measurement (unity count), issued by a government of the country in the form of paper, gold, silver, or different metals printed in certain formats and images.

With so many evolutions occurring in the growth of money ranging from material, nominal and design, money is no longer witnessed only in terms of its functionality. Countries also compete to create money with the maximum degree of peace, and design as attractive as possible.

From the development there are a number of awesomeness that occurred. Starting from a surprising design to the unique story behind it, there are as many unique types of money as you know. Here’s the explanation.

Oldest Banknotes

Discussing about money certainly can’t be left behind discussing its initial history. The paper money itself was already there since the 11th century precisely in the Chinese district during the Song dynasty. The idea of ​​creating a payment instrument using paper is actually quite simple, because before paper money is made, the people at that time use a coin payment instrument.

The use of coins, then, can be difficult, especially for merchants who must carry it in small amounts and can be the most difficult burden. For overcoming it, the end was made a new payment device that became the origin of the first paper money, and was called Jiaozi.

The biggest money

This one is quite unique and even the nominal number is quite a bit of the physical size of the money. Reporting from TIME, the largest amount of money fell for 100,000 pesos from the Philippines. This money was published in 1998 to celebrate a century of Filipino freedom from the Spanish colony. Also note that this money is issued in a limited amount and is prioritized for the collection workers only.

Yugoslavian Dinar

Especially for this one fund that has the largest nominal value and can reach 500 billion. indeed it sounds surprising, but the truth is there really are. Before its end broke out into six independent countries in 1992, Yugoslavia had experienced a crisis shown by hyperinflation (high inflation) which resulted in a decline in the value of the currency. As a result, it can be witnessed for itself, the value stated in each copy of Dinar money is the biggest, with the highest nominal reaching 500 billion.

Zimbabwe Dollars

One of the countries left behind in Africa that causes money with a nominal value of 500 billion is still not good enough. In fact, there is paper money with a nominal reach of 100 trillion! This hyperinflation finally resulted in the Zimbabwe dollar being perceived as among the lowest exchange rates in the world. To overcome this, in 2009 the Zimbabwean government concluded to release the use of this currency and realize a multi-currency system that uses 8 types of currency as a payment instrument.

Images of perforated characters

Placing a national figure on a piece of paper money is no stranger. It’s just that, if the figure of the figure was deliberately omitted from the decision of the government itself? This is what happened to the Zaire state currency (now changed its name to the Republic of Congo). The figure of the omitted figure was Joseph Mobutu, a former dictator who led the country until it was finally overthrown in 1997.

After the overthrow, the new government was faced with the weakness of cash and created the government at that time inevitably spent old money. Considering that the picture on the money is none other than the former dictator who was just overthrown, so the figure of the figure in the money was finally eliminated while waiting for the issuance of a new fund design.

Holocaust money

Besides leaving a bitter story, the incident turned out to leave many historical relics, one of which was in the form of money. This money was self-issued by the Nazis and used exclusively for Jews who were placed in concentration camps. There are so many motives behind the use of this money, one of which is to make it difficult for all camp prisoners to not be able to escape and survive outside because the funds they have only apply in the camp.

Notgeld

Notgeld is the type of funds issued during a crisis. So this money is often interpreted as ’emergency money’. The use of this money had sprung up during the first World War in as many regions in Europe.

7 Most Expensive Ancient Money in the World

Your money is a legal payment instrument in many parts of the world, its own money and nominal are issued by each legal authority holder in a country. As time goes by, there has been a transfer of money from both paper and coin / metal. Usually changes are carried out every year.

For information this time you will understand that there are a number of old-fashioned money with expensive prices that can even cost billions of rupiah. The factor that causes ancient money to be expensive is certainly the most diverse, including thanks to scarcity, historical coincidence, mistakes in printing and of course the year the money was issued. Usually it gets older, so the price of the money will be more expensive.

Even this ancient money was favored to be collected by ancient money (numismatic) collectors. Besides being able to flow hobbies, it turns out that even when collecting ancient money is one of the promising investments, this is because the price of ancient money is getting more expensive and getting higher each year. Here are 7 kono money that is familiar with the most expensive prices in the world.

1794/5 Flowing hair silver / copper dollars ($ 10 Million / Rp. 135 Billion)

This is a dollar currency coin issued by the U.S. Federal government. In 1794 and 1795. Coins consisted of 10 percent copper and 90 percent silver printed by U.S. Federal Printers. newly established. This coin is a historical memento that is worth more than the value of his face. In January 2013, a 1794 dollar coin was marketed for $ 10 million, this is the most expensive ancient money price in world history. Throughout its history, 1794 dollar coins have been felt among the world’s rarest coins and very valuable coins in the world.

1933 Double Eagle ($ 7.6 million / Rp 103 billion)

This coin has a fairly expensive price because it is known by historical prevalence, Elang Ganda 1933, was suppressed but was never publicly excluded. Franklin D. Roosevelt did not allow someone to have gold in 1933 in an attempt to resolve the banking crisis that hit the US at that time. Twenty slipped clean, though, and deserves far less than their $ 20 face value.

Double eagle 1933 is a 20 US dollar gold coin. Although this coin was printed in 1933, it was not released to the public. This coin becomes the rarest because it is known that now there are only 13 in the world and only one coin that belongs to a private individual. In 2002, this metal money was the most expensive ancient money in the world for a fee of US $ 7.59.

1907 Saint-Gaudens double eagle ($ 7.6 million / Rp 103 billion)

The coin design produced by Augustus Saint-Gaudens was deliberately designed intricately and proved to be too difficult for the US to be produced in commercial quantities, resulting in modifications. Instead of getting rid of anything from Charles Barber design, Saint-Gaudens, the primary sculptor of Mint, choose to issue the word “In God We Trust” from the coin. Although the coin was successfully made extensively, it is now the rarest. That way the price of ancient money also becomes high and expensive. No wonder if this coin became among the most expensive ancient money at this time.

1787 Brasher Doubloon ($ 7.4 million / Rp. 100 billion)

Ephraim Brasher was a talented goldsmith who presented a petition to New York State to print a new copper coin in 1787. However, the state legislature did not expect Brasher’s work, and did not expect copper coins. Brasher neglected the country’s decision and constantly put together coins, especially in bronze – but not much in the 22 carat gold. One of them is doubloon purchased by Wall Street investment company equivalent to $ 7.4 million.

1343 Edward III Florida ($ 6.8 million / Rp 92 billion)

This money is best known for its most expensive price where this money was printed in 1343 which was very stage and valuable. This is one of three coins that are known to last for centuries. Only three of these coins are known to exist: two were found on the River Tyne in 1857, and one was discovered in January 2006. The last coin was marketed at an auction in July 2006 with the record price of the most expensive ancient money from England.

2007 C $ 1M Coin ($ 4.1 million / Rp. 55 Billion)

A coin weighing 100kg is the rarest thing. This coin is exclusively printed by the Royal Canadian Mint and is made from pure gold (99.99 percent), no wonder if this coin reaches a price of $ 4.1 million or for 55 billion rupiah when the auction is held. This also makes it among the most expensive coins in the world.

1804 Silver Dollar, Class l ($ 3.8 million / Rp. 51 billion)

The most expensive ancient money in the world next is 1804 silver dollar class I, silver 1804 dollar was actually not printed in 1804. On the contrary, this coin was then printed 30 years later as a mixture when imaging the dollar as a gift for Asian rulers over trade messenger traffic. This coin is marketed by auction Heritage Auctions, and sold at the most expensive price of $ 3.7 million or 51 billion rupiah at auction in May 2008.