-
2500 BCE
Metal rings
It was in Egypt -
2500 BCE
Ancient Egypt
It was around 2500 BC because were making metal rings -
1700 BCE
Small models of everyday objects
bit was until very recently -
1100 BCE
The first paper money
The same time in China, was being used -
600 BCE
Lydia
The first coins -
700
Electrum
they were made of discs, is a natural mix of silver and gold -
700
King crousus
The first know gold coin was minted by the Lydia -
1100
China
rather than exchanging objects like tools -
1100
Eurpe
were using more metal coins -
Paper monet
Canadian colonies began to use paper money too and this innovation led to a huge increase -
Pieces of eight
Pirate walked into ypur shop he might try to pay -
Bits
Spanish eight real coin was often split up into bits to pay for things -
Debit cards
Many people use plastic cards to pay for things -
coins of metal fro their colonies
physycal money is no longer directly linked to valuable items i.e. precious metals -
End of the threepenny bit in the UK
Was a currency unit equaling eighty-one pound sterling, or three-pound sterling pennies.
