category columns, reflections, opinions,
GOLD BY Terlecki.
-this is the answer to the innuendo and nonsense "universal Weekly" that the gold is 85 years
brief history of gold by Terlecki.
remember all that thick, or a penny was born in the French city of Tours about the year 1270. You put this coin in circulation Polish King Albert 2, and probably before him Henry Glogowski.
But the real money is the father of Polish King Casimir the Great, which he released on the Polish market, especially thick Krakowski [Grossi Cracovienses].
be directly inferred from the fine Krakow, numbering each 197 grams of silver. Well, this one a fine knock of about 48 cents [197, 48], or a penny weighed myself and had a value of 3.11 grams of silver. Also
Modern Gold was born about the same time and place. Although a bit further south and ten years later.
And where?
course content mercantile cities of northern Italy, specifically in Venice.
Pure gold weight 33.5 grams-called ducat [Sil ... Regio Ducatu]. Just as Florence competed with Venice in the struggle for trade, and the primacy of cities, as well as very quickly struck her a gold coin called Floren. Floren, in fact, is money with a similar weight and sample every ducat, also received a similar rank to him.
first gold ducats struck and released on the market, in our King of the Short, probably in honor of their coronation coronation
DUKAT
introduced [probably] to commemorate the re-integration of the Kingdom of the Polish and the coronation of the king. Initially
as reported Terlecki Dukat was like a penny, 12, and his course of 50 years was stable. and so the reign of Constant [now commonly called the Elbow-high], Casimir, and Louis.
During Ladislaus of Varna, ie about 120 years later the value of a penny to a silver dollar, dropped oo roughly half, or 50 percent, and amounted to 1, 18, and as John Albert [1500] has as one to thirty.
So we see that at least from the standpoint of our time-our currency has been very stable indeed, if not monumental, and trustworthy. Thus, the value of a silver penny to the zloty has fallen by about 0.75 percent, nearly in the area close to deflation. Also, old coins are still in circulation.
Piotrkowski Diet in 1496 established the value of gold ducat of thirty cents Polish.
This value is a penny against the zloty was as still stable, according to Mr. Terlecki until the time when King Sigismund III in 1630, came to około160 cents
and for the first hundred years after Albert the Stefan Batory of nearly one hundred percent, one percent per year.
deterioration occurred in times of Sigismund III, where for 30 years the value of a penny to the gold
increased about five percent a year, it increased by over 150 percent.
Polish zloty has expressed no real value to the ducat. Dukat was already worth over 5 Polish zloty conversion
a thaler equivalent in silver ducat [the value of silver to gold was at that time as 8, 1, or thaler was eight times heavier than a ducat]
and making even the value of three Polish zlotys.
To remedy this, a new conversion unit that was called the RED GOLD
had an impact on this situation, the discovery of silver in Jachimowie kicked, and a new route to India, and imports large quantities of ore to Europe. The currency began to fall and commodity prices rise.
first real, tangible penny, not a virtual Sigismund Augustus had to knock on late 1564 and 1565, in Vilnius.
While the godfather of the Polish zloty [dollar] was the Indomitable, and diet Piotrkowski, it was his real father, Sigismund Augustus, and the place of birth of Vilnius, Vilnius mint room childbirth and midwife minter.
was 30 [xxx] Polish pennies, called półkopkami. Kopa = 60 cents. His namesake
Sigismund III, beaten 50 years later sixties. They are lightweight slices of 30 groszy.Wartość 60 speaks of the quantity contained in it półgroszy! .
are beautiful although a bit wordy coins, complete ornaments and decorations. Also
Korybut Michael, son of renowned all Jarema strikes buck.
In the year 16,663 - appears on the scene Andrew Tymf, Torunianin, tenant mint Torun. The first known financial fraud in the history of Polish monarchy [Rp]
-guest Andrew Tymfa value of the coins was to be not only the cover in gold, or even the gold, but I had to express the symbol!
The gold was a crook Tymfa jedynie14 gram, and therefore less than half of the zloty. This empty money sparked a revolution in the monetary market.
Dukat is logical price has increased by one hundred percent [Inflaca as the reign of E. Gierek], and similarly thaler. The ducat was paid 360 cents.
[A similar confusion and chaos we had during the Polish-Russian war, when Russian troops invaded the banks fell in the Warsaw-see Łojek. History of the traitor].
Terlecki says even with the issue of vile coin led to economic catastrophe
should also mention the Gdansk złotówce of 1703 years of Augustus.
hard to believe, but not everything he did was wrong, the king of Stas. Especially its monetary and monetary reform. In addition, remember that he has made reform of the postal system has improved courier, and was also one of the architects of the Constitution of May 3.
What did the king Stas,-namely, withdrew from circulation all the petty money!. A
put in its place, a good gold. Of course, as an enlightened follower of news, he could not leave everything the same.
new penny, "Stanislaw August" was like a penny, 4, and it fell within the 30 coppers
Coppers have ever met, patting it for Russia when King Casimir the fine money was missing, and then Louis.
Polish Kingdom as a sovereign state and not skalało schańbiło not, as opposed to many other paper money without value. We always had money to cover and secure in their value [for example, even if partial 40procentowe Tynfa].
was respected and trusted. Money from the copper, and iron, if they were fine as money. First Republic has retained the seriousness of the bank and money until the end.
NEW GOLD.
beginning of the twentieth century and the first half brought quite a few experts in the field of economics and money and the economy.
- such as Grabski and Rybarski and Głąbiński. Lvov perhaps Professor Hausner
Grabski monetary reform was carried out. Golden is no longer divided into thirty, and unfortunately
hundred dollars back to the golden faith that we will return to sound money based on the value of ore, silver or gold, or at least on the certificates, which are equivalent, we can pick up at any time in the bank. With larger denominations had to make it even makes sense.
A Case facilitates internet and modern communication [see also currency intenretowa]
Even better was to create a double or even triple
a security based on the value of ore, gold, silver, platinum, or gemstones.
2 A percentage of about 5 to 10 percent in real estate to secure the banks, [such as Buildings, land]
3 remaining five, ten percent, to locate a bank in the form of a certificate.
Reflections on Article W. Terlecki.
"Is the gold was ever a golden coin."
say forever R.II. No 3 September 1959.
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