The Monetary History of the USA, Part 5: The 70s and 80s

The political crisis of the United States continued during the 70s. After the Watergate scandal shocking the nation, President Reagan was able to restore the self-confidence of the USA – especially by means of his economic policies.

The Monetary History of the USA. Part 1: Times of War

The birth of the United States of America was anything but peaceful. Two major wars were necessary so that the nation as we know it today could emerge: the Mexican-American War and the American Civil War.

The history of Chinese coinage 3 – China invents paper money

Quite rightly, China prides itself of its long history, impressively evidenced by the Chinese monetary tradition that took a different route than our western one. The third episode is about the invention of the paper money and the introduction of a coinage following the western model.

Gradings made in the USA

“Slabs“, that is how Americans call the small plastic boxes where coins are welded in, against a fee, after a procedure called grading. What is behind that? What advantages has that system? What problems?