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��: 08.10.2004
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��: Latvia

�� - �� 15 ��? | ��: �� 28, 2005 1:06 am

Awareness Quest - Gympie Research

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Pskov was an ancient trading city so its coinage moved all over the world with other trading nations. In those days, coins had a value directly related to the amount of metal in them, hence a "pound" sterling was originally redeemable for one pound weight of silver at the bank of England, a penny was a penny weight of copper, a shilling was a certain weight of silver etc. So each coin was struck of a pure metal and had the value directed related to the weight of that metal, remembering that copper was quite a valuable metal until very recently. The �Denga� and other silver coins became currency anywhere in the world. It is a well-established fact that Russia traded with China extensively in those days, (14th, 15th and 16th centuries) and that silver was more valuable than gold in many parts of Asia at that time.
There is no doubt that such coinages would have circulated widely during trading ventures throughout the Mediterranean area, Greece, Phoenicia and the India-Sri Lankan regions before, during and after the Mongol period of Russia. The �Denga� was a widely used coinage in early China and throughout the �ports of call� on the famous �Silk Road� between east and west.

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