DECIMAL COINAGE SYSTEMS Público Deposited
The E-Sylum: Volume 7, Number 35, August 29, 2004, Article 11
DECIMAL COINAGE SYSTEMS
In a letter to the editor of the Wall Street Journal discussing
an earlier articled crediting Thomas Jefferson with devising
"the world's first decimal currency system," a reader wrote:"Actually, Russia's Peter the Great introduced the modern
era's first such system when he had his coiners strike rubles
in the first decade of the 18th century. One ruble equaled
100 kopeks. Even authoritarian Russians can have good
monetary ideas and can sometimes teach us Americans a
thing or two."[So who gets the credit for the world's first decimal coinage
system? Was it Peter the Great? Or was there an earlier
decimal system? -Editor]- 2004-08-29
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