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European Paper Money

European paper money has much in common with the coinage of the region, although some of its history can be a little harder to trace. In 2002, the European Union moved to the euro standard, which replaced the individual currencies of its member nations. Euro denominations range from 5E to 500E. A unique feature of euro banknotes is that each denomination is a different size and color, increasing in size with the value of the bill.

European paper money began in 17th-century Sweden, where the first national European paper currency was created. The run of Swiss banknotes were signed by 16 politicians and trusted officials, certifying that they could be redeemed and hold value. This was necessary because merchants were very uneasy about paper money as... Read more

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Great Britain, £1 L.K.O'Brien; D.H.F.Somerset (10); 10/- (2) [13]

December 8, 2016, 10:30 AM BST
Newark, United Kingdom

£25 (starting bid)

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