The History of Money

By 16kraut
  • Jan 1, 650

    First Mint

    The first mint in the western world was in Ionia.
  • Jan 1, 1309

    Fist Resemblence of Today's Stock Market

    Farmers took loans from buissness men in such a way that it resembled the stock market.
  • Mar 19, 1397

    First Bank

    The Medici family in Florence, Italy set up one of the first banks.

  • The New York Stock Exchange

    Twenty-four stock brokers met under a tree outside of 68 Wall Street and agreed to create the New York Stock Exchange.

  • Paper money in the US

    The monaey came in lots of $5, $10 and $20.

  • The first uses of checks

  • Invention of Saving Bonds

    Henry Morgenthau invents the saving bond

  • The first use of Credit

    The Diner's Club in the United States was the first to start using 'plastic money'.

  • First A.T.M opens

    The first A.T.M opened in the Chemical Bank in Rockville Center, Ney York.

  • Early uses of Money

    Paper money was first used in China in 960 B.C.