Banknotes, or paper money, entered and firmly entrenched in the economic life of mankind. It is difficult to imagine everyday money circulation without these colorful pieces of paper of various denominations, which, meanwhile, have such a tremendous impact sometimes on the life of entire countries and continents.
History of paper - history of money
The homeland of paper money is the East. And this is not accidental, because it was in the East - ancient China - that paper was invented, on which the denomination of the banknote, or rather the debt obligation, was drawn. It wasn't until the end of the 17th century that the paper money boom reached the borders of Western countries and became a direct manifestation of capitalist society.
Europe, Catherine Russia, the whole world - this is the way paper banknotes follow.
Paper money made from wood, fashionable and necessary for that time, moved quickly and just as quickly went out of circulation, having a maximum service life of not more than two years, which is why special developments designed to strengthen the strength of banknotes became the most relevant topic for improving banknotes. …
Money material
Today, the material on which paper money is printed has the following composition: 75 percent cotton, 25 percent linen, plus synthetic fibers to enhance physical properties.
Interestingly, banknotes of certain countries, such as China, Romania or Australia, are made of the thinnest plastic, which gives the banknotes special strength. The pioneers of this method were Haiti and Costa Rica, which in 1983 issued the first banknotes from this polymer material.
Germany was particularly distinguished by offering its residents in the early 1920s money printed on nothing other than silk, this money under the symbolic name "notgeld" managed to be made using both wooden plates and porcelain and metal foil. France of the 19th century was remembered by coin collectors for playing cards used as banknotes, as means of cash.
Alaskans preferred seal skins as a strong and durable base for printed money.
Modern paper money is endowed with several degrees of protection, which every day becomes more difficult and inaccessible to fraudsters. Drawings, metal ribbons, special holograms, watermarks, specially selected inscriptions and fonts - all this makes banknotes reliable and safe for circulation and settlement.
