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The Chinese make light Work of Payment: The Invention of Paper Money
Around 650 AD, the emperor of China began to issue paper "value tokens" for general use. As Marco Polo reported enthusiastically in 1275, "I tell you that people are glad to take these tokens, because wherever they go in the empire of the great Khan, they can use them to buy and sell as if they were pure gold".
Europeans had to wait until the 17th century when Sweden took the lead in issuing paper currency. Other countries gradually followed the Swedish example.
Source:
René Sedillot: Muscheln, Münzen und Papier
Willard Bayer
Wiki User
∙ 13y agoThe Chinese make light Work of Payment: The Invention of Paper Money
Around 650 AD, the emperor of China began to issue paper "value tokens" for general use. As Marco Polo reported enthusiastically in 1275, "I tell you that people are glad to take these tokens, because wherever they go in the empire of the great Khan, they can use them to buy and sell as if they were pure gold".
Europeans had to wait until the 17th century when Sweden took the lead in issuing paper currency. Other countries gradually followed the Swedish example.
Source:
René Sedillot: Muscheln, Münzen und Papier
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What country first invented money?
china
What dynasty was paper money invented?
Song dynasty.
What was the first nation to use paper money?
china ithink
What is the name of the first person invented paper money?
John
Who invented money in paper and coin?
The first coins were stamped around 650 - 600 BD by the Lydians. Some believe that the Ancient Egyptians were the first to invent and use coin money. The first paper money is believed invented by the Romans around 100 AD.
Which ancient culture invented paper and money?
The Ancient Chinese invented paper and money. Money was invented by the first king of China and paper was invented by a man in China by bamboo.
Who invented paper money in china?
the han dynasty invented the paper money
In which country was paper money invented?
china
Paper money was invented by who?
The first country to issue paper money was China and it was invented by Jiaozi of the Northern Song Dynasty.
Who invented paper money in ancient China?
Jiaozi of the Song Dynasty
Did china make paper in the old timey days or do they just now?
The chinese invented paper money i swear
What counrty invented paper?
China
Which nation invented the compass?
ANCIENT China are the ones who made the compass!i know because i learned about ancient china and i made a poster about ancient china in my school and my contribution was paper money!
Was paper invented in 1300 in the country Venice?
Nope, paper was invented in China in the 2nd century AD.
First country to use paper?
Paper was invented in China. Papyrus is older, but is not paper.
Was paper money used in china before adopted in the US?
yes because china made paper money first.
What year was paper money invented in India?
Paper money was actually invented by the Chinese during the 7th century.
