Chronicales the history of money from bartering in ancient times to the development of modern monetary systems, discussing the first use of coins and paper money.
During ancient times currency took varied forms, including beaver skins, bales of tobacco, and sea salt blocks. As art and technology advanced, monetary systems and currencies altered. Today, coins and currency provide an historical and archeological record of culture, religion, politics, and world leaders. This updated second edition offers numerous entries of historical commentary on the role of coins and currency in human events, politics, and the arts. It begins with the origin of coins in ancient Sumer, and follows advancements in metallurgy and minting machines to paper, plastic, and electronic moneys designed to ease trade and halt counterfeiting and other forms of theft. A timeline of monetary history is provided along with a glossary and bibliography. Numerous photographs of coins and bills provide an up-close look at beautiful and ingenious artifacts.
Points out the help available to make money, imparts the terms need to best undrstand one's choices, and tells how building a success from hobbies and skills can yield great results.
COWRIES TO CRYPTO is a playful romp through world history, providing an entertaining account of the creation of money, from the earliest forms of barter to the introduction of coins, paper notes and digital currencies. Beautifully narrated through a series of witty illustrations, this extraordinary book tells the tale of how money came to be.
Originating in the sea, especially in the waters surrounding the low-lying islands of the Maldives, Cypraea moneta (sometimes confused with Cypraea annulus) was transported to various parts of Afro-Eurasia in the prehistoric era, and in many cases, it was gradually transformed into a form of money in various societies for a long span of time. Yang provides a global examination of cowrie money within and beyond Afro-Eurasia from the archaeological period to the early twentieth century. By focusing on cowrie money in Indian, Chinese, Southeast Asian and West African societies and shell money in Pacific and North American societies, Yang synthsises and illustrates the economic and cultural connections, networks and interactions over a longue durée and in a cross-regional context. Analysing locally varied experiences of cowrie money from a global perspective, Yang argued that cowrie money was the first global money that shaped Afro-Eurasian societies both individually and collectively. He proposes a paradigm of the cowrie money world that engages local, regional, transregional and global themes.
The literature on early-modern monetary history is vast and rich, yet overly Eurocentric. This book takes a global approach. It calls attention to the fact that, for example, Japan and South America were dominant in silver production, while China was the principal end-market; key areas for transshipment included Europe and Africa, India and the Middle East. Europeans were often just middlemen. Other monetized substances - gold, copper and cowries - must also be viewed globally. The interrelated trades in metals and monies are what first linked worldwide markets, and disequilibrium within the silver market in the 16th and 17th centuries was an active cause of this global trade.