answersLogoWhite

0

There was no ancient paper money. Every coin had intrinsic value so they would never be worthless. Thus, coins were made from gold, silver and bronze and had a value mostly corresponding to their metal worth (although usually they'd be worth slightly more than just pure bullion)

The earliest paper money came from a short experiment in China where the money was printed on paper or bark.

But in general, intrinsic value ruled supreme in ancient/medieval times.

User Avatar

Wiki User

12y ago

What else can I help you with?