..fun facts..

Fun Facts about money and economies

Bartering was first recorded in Egyptover 4,500 years ago.
In the past, people have used many different things as money. Among them: salt, cocoa beans, grain, cows, shark’s teeth, and precious stones.
The first record of a coin is by Croesus, King of Lydia (now part of Turkey).
The world’s smallest coin weighed only .002 grams and was from Nepal.
The world’s heaviest coin was from Sweden and weighed 43 pounds 7 1/4 oz.
The writing of many coins is often a type of code to save space.
Coins have a grooved edge because in the past dishonest traders filed down the edges to remove some of the precious metal. Many countries print images or writing at the very edge of the coin to prevent this same dishonest practice.
A banknote is made on special paper; when held up to the light , it reveals a watermark that looks likea picture.
A security thread is enclosed in the paper used for currency; this makes copying more difficult for counterfeiters.
The world’s smallest banknote, issued in Morocco, was the size of a postage stamp.