Money was only available in the form of coins until the 7th-11th century.
Paper money first occurred in China and the idea was brought to Europe by Marco Polo.
The first country in Europe to introduce paper money as their currency was Sweden in 1661. With the paper money they changed the way money was perceived, because with the notes being worth nothing but the value it was given it was pure fiat money.
Paper money plays a huge part in history because it was the reason for many inflations and is easy to counterfeit.
Catalog: Pick A62
War Treasury and Purchasing Commissions
Size: 34 x 21 cm
PCGS Choice About New 55 Apparent NC-130
Catalog: KM:A17b, Lafaurie:90
With text: …en Espces d’Argent.,Lettered left edge.,Black.
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