Money was 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; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar.
The Monnaie de Paris (Paris Mint) is a government-owned institution responsible for producing France'scoins. Founded in AD 864 with the Edict of Pistres, it is the world's oldest continuously running minting institution.
In 1973, the mint relocated its primary production to a facility in Pessac, and today the original facility in Paris, while still operational, functions primarily as a museum and is home to a collection of many ancient coins. (Full article...)
The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $. There is no standard disambiguating form, but the abbreviations Can$, CA$ and C$ are frequently used for distinction from other dollar-denominated currencies (though C$ remains ambiguous with the Nicaraguan córdoba). It is divided into 100 cents (¢).
Owing to the image of a common loon on its reverse, the dollar coin, and sometimes the unit of currency itself, may be referred to as the loonie by English-speaking Canadians and foreign exchange traders and analysts. (Full article...)
... that even though a village said that it did not want a church, Indonesian politician Thoriqul Haq allocated land and money to build one along with a musalla?
... that Russian money, known as qiang tie by locals, was used as legal currency in some regions of China for decades?
... that the manager of WVSS at the University of Wisconsin–Stout spent about $6,000 of his own money to buy more than 500 classical music CDs to program the station?
Image 15Printing paper money at a printing press in Perm (from Money)
Image 16Athens coin (c. 500/490-485 BC) discovered in Pushkalavati. This coin is the earliest known example of its type to be found so far east. (from Punch-marked coins)
Image 23A 640 BC one-third staterelectrum 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. (from Money)
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