Currency Section

Coin Collection - The Art Of Numismatics


The first known coin collector was Petrarch, who lived way back in the 15th century. A century later, Hubert Goltz visited a number of coin collectors throughout Europe and estimated that were approximately 960 collections in total. Numismatics gradually became a favorite hobby of royalty. Francis I of Austria wrote about his collection of gold coins in 1756. The British Museum established one of the first coin catalogues. From this have emerged more than 100 publications devoted to coin collecting. continued…

Used note


A used note is a banknote that has been in circulation (as opposed to a freshly printed, uncirculated banknote). Blackmailers and people demanding ransoms are often heard in movies to ask for a sum of money “in used notes.” Used banknotes are preferred by criminals because they are more difficult to trace. Blocks of new banknotes will be in sequentially numbered order. continued…

World currency


In the foreign exchange market and international finance, a world currency or global currency refers to a currency in which the vast majority of international transactions take place and which serves as the world’s primary reserve currency. continued…

WIR Bank


The WIR Bank, formerly the Swiss Economic Circle (GER: Wirtschaftsring-Genossenschaft), or WIR, is an independent complementary currency system in Switzerland that serves small and medium-sized businesses. It exists only as a bookkeeping system, with no scrip, to facilitate transactions. continued…

Watermark


A watermark is a recognizable image or pattern in paper that appears lighter when viewed by transmitted light (or darker when viewed by reflected light, atop a dark background). A watermark is made by impressing a water-coated metal stamp or dandy roll onto the paper during manufacturing. Watermarks were first introduced in Bologna, Italy in 1282; they have been used by papermakers to identify their product, and also on postage stamps, currency, and other government documents to discourage counterfeiting. continued…

User:Forex


Forex is my user name for a reason! I like what has been said here on Wiki about FX, but I don’t like the changes that keep being pushed towards “big business” by so called gurus just because they have been around for years. If the major market players want to Spam Wikipedia with their agendas then I will take the bias start for content and edit it the way I see it- as someone in Forex everyday and working with Forex Traders and Brokers everyday. continued…

Used note


A used note is a banknote that has been in circulation (as opposed to a freshly printed, uncirculated banknote). Blackmailers and people demanding ransoms are often heard in movies to ask for a sum of money “in used notes.” Used banknotes are preferred by criminals because they are more difficult to trace. Blocks of new banknotes will be in sequentially numbered order. continued…

Unidad de Fomento


The Unidad de Fomento (UF) is a Unit of account that is used in Chile. The exchange rate between the UF and the Chilean peso is constantly adjusted to inflation so that the value of the Unidad de Fomento remains constant. continued…

Texas Redbacks


Texas Redbacks were the informally named paper money issued by Mirabeau B. Lamar to minimize national debt during his Presidency of the Republic of Texas. They are named so because the back of the bills are red. Inflation, due mainly to overprinting, devalued the notes substaintially, making 15 Redbacks equal to one United States dollar. This debt of over $10 million was an important factor for annexation into the United States. continued…

Test Money


Test Money (or Test Notes, Test Bills, Funny Money, Monopoly Money) are a part of the test apparatus that are often used with currency handling equipment, such as Automatic teller machines. continued…