DECIMAL COINAGE SYSTEMS Public Deposited

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  • The E-Sylum: Volume 7, Number 37, September 12, 2004, Article 10

    DECIMAL COINAGE SYSTEMS

    Howard A. Daniel III writes: "I do not believe the Russians
    were the first with a decimal coinage system. I'm away from
    home when writing this item but think the Chinese (and
    Vietnamese, Korean and Japanese) cash-style coin system
    was decimal.

    The individual coins' full weight was divided into ten (10) units,
    then one hundred (100) of the coins was another unit, and one
    thousand (1000) was another unit. There were other
    temporary units for 300, 600, etc., but the official system was
    the 10, 100, 1000, etc.

    I have also read many articles about the "first" coins of the
    world being from the area of the Mediterranean Sea. This
    may be true for the "Western" world, but the actual first coins
    of the entire world were made in the "Eastern" world.

Source URL Date published
  • 2004-09-12
Volume
  • 7

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