InvestorsHub Logo
Followers 123
Posts 30590
Boards Moderated 3
Alias Born 11/22/2006

Re: *~1Best~* post# 9077

Friday, 03/02/2012 4:24:36 PM

Friday, March 02, 2012 4:24:36 PM

Post# of 9182
James 1, King of England; 1566-1625 A.D.
With the rise of international trade which commenced at the end of the medieval period, many of the banks were allowed to coin money for their transactions. At that time, there was no such thing as national money and when the banks minted coins, they were all of different value which created a dilemma for international trade. The first "Christian" gold coins were struck by Emperor Frederick II in 1225 A.D. Then came the "ducats'' of Portugal, the "florins" of Florence, the "agnels" of France, and the "sequins" which became the official coins of Genoa and Venice.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.