LYNN COINS - Gold Coin Dealers and SPORT CARDS Shop -

Celebrating Over 25 years!

 Bookmark this site!

Shop with confidence.

Paypal Verified - established coin dealer

We are PayPal Verified Sellers.

New! - The US mint's

2007 coin schedule


PCGS-NGC Graded Coins:

Nickels - 2004+2005+ Buffalos

Nickel SETS PCGS Proofs

Dime Set - PCGS proofs

Statehood Quarters - proof clad

State Quarters -proof Silver

State Qtrs - MS68 PCGS

1976 Silver Bicentennial set

Kennedy Half Dollars PR69

1878-1904 Dollars NGC Morgan

1922-1934 silver dollars Peace

Ike dollars PR69 DCAM

Susan Anthony Dollars PR69

Sacagawea dollars PR69

Presidential Dollars PR69- New! MS-69 Silver Eagle Dollars

Sets of MS69 Silver Eagles

Silver Eagles PR69 & sets

American GOLD Eagles:

  1/10 & 1/4 ounce PCGS

  1 oz gold eagles

1 oz BUFFALO gold- New!

US Platinum Eagle coins

MS-70 coins





US GOLD (new) :

  1/10th ounce $5 Eagles 

  1/10th oz. Proofs

  1/4th ounce $10 Eagles

  PCGS certified US gold

  1 ounce gold  New !  

US (old) GOLD :

   $2 1/2 old US Gold

  Liberty Head $5

  $10 gold pieces

  $20 gold coins

American gold Eagles

PCGS American Eagles

ANGEL coins

Australia Gold

AUSTRIA gold coins


BARS + Ingots - GOLD

   1 and 2 1/2 gram gold

   5+10 gm GOLD Bars

Buffalo US gold Proofs- new!

Canada Maple Leafs

CAT Gold coins

Chervonetz -Russia

Chinese PANDAS

DOG Gold coins

DRAGON coins

EURO gold coins

FAIRY gold coins

FLOWERS on coins:

  Rose, Jasmine, Pinks,

  Orchis, Snowdrop, Fuchsia 

Old FOREIGN  gold

FRANCE Gold coins

GOAT gold coins



HORSES -Pony gold


Krugerrand gold


 Year of MOUSE -1996

 Year of OX or BULL '97

 Year of the TIGER -1998

 Year of RABBIT -1999

 Year of DRAGON -2000

 Year of  SNAKE -2001

 Year of the HORSE-2002

 Year of the GOAT -2003

 Year of MONKEY - 2004

 Year of Rooster - 2005

 Year of the DOG - 2006

 Year of the Pig - Boar - 2007



MONKEY gold coins

MOUSE gold coins


(The Cinema Gold coins)

 Elvis Presley, Marilyn Monroe,

Bruce Lee, Gone With the Wind,

 Grace Kelly, Charlie Chaplin,

Audrey Hepburn, James Dean,

The Flintstones

NUGGET coin- Australia

OX-Bull gold coins

PANDA Bear coins

Older PANDA Gold

Philharmonic (music)



RABBITS on coins

Peter Rabbit gold coins

RAT gold coins

ROOSTER gold coin

2005 Rooster coins-new


SNAKE gold coins

South AFRICA gold

SWISS Gold coins

STARS from the Movies

TIGER gold coins


Other GOLD coins




10 oz. Silver BARS

90%  silver coins

American EAGLES:

- Gem BU rolls

- BU silver eagle - in box

- Proof Silver Eagles

- PCGS PR69 silv Eagles

- PCGS MS69 silv Eagle


Bags of silver Dimes

Bags of silver Quarters

Canadian silver coins

China Silver PANDAS


DIME Silver rolls


Eagles in GIFT BOXES

Franklin Half dollars

GOAT silver coins

HORSE coins

Junk US Silver rolls

Kookaburra Birds

LUNAR silver coins:

   Year of RABBIT -1999

   Year of SNAKE -2000

   Year of DRAGON-2001

   Year of HORSE -2002

   Year of the GOAT-2003

   Year of Monkey - 2004

  Year of Rooster- 2005

   Year of the DOGS -  2006

   Year of the Pig-Boar - 2007

Maple Leaf silver

Morgan Silver Dollars

PANDA silver coins

Peace Silver Dollars

1 Pound Silver Eagles 


QUARTER silver rolls

PCGS State Quarters

RABBIT coins

Roosevelt Dime sets

TITANIC Maple Leaf

Unicorn silver dollar


SNAKE Silver Coins

Walking Liberty Half rolls


US PROOF Coin Sets:

Presidential Dollars - 2007 - New!

Quarters in Silver 1999-2007

2000 - 2007 Proof - Mint Sets

1990-1999 Proof- Mint sets

1980-1989 Proof sets

1970-1979 Proof sets

1960-1969 Proof - Mint sets

1950-1959 Proof Sets


Platinum Coins


Other Coins:

Indian Cents

Wheat Penny - Cent bags

Buffalo Nickels

Jefferson Nickels



US Paper money





 Coin Collecting- Inventory




 Other Hobby Software -




Baseball Card SETS #1

Baseball Card SETS #2

Baseball card

  - Wax/Foil Pack Boxes

Basketball cards

Football cards



Current spot Market Prices

 Silver- Gold-Platinum





Coin Price Guide

Silver Dollar Holders

Gift Boxes for coins

Investment BOOKS

"Conquer the Crash"

 -Best selling book!



  Metal Detectors

  Treasure hunting books


STAMPS, etc.

Baseball legends stamps





      ABOUT US


Coin Articles and News

Hobby Information Center:

(Articles about Coins, metals and investments):

Silver coin value guide - FREE !

What's a proof coin?

Money History

Books, reports, websites

Metals as Investments

What's a Troy Ounce

The Redfield Dollars

All about Platinum

Electronic Gold e-gold

Protection from Phishing

2004 nickels

Elliott Wave Theory



     FAQ - Frequently

         Asked Questions




Privacy Policy

 Shipping Policy

Our shopping cart is designed to charge shipping of 2.50 per item.  However, if you order more than 3 items, any shipping charged over $7.50  will be refunded with your merchandise. 

Shipping is FREE on orders totaling $500 or more!


      Note: Orders shipped to

        addresses within the

           USA only, please.

25 Years serving 




1,000's of happy customers. See our

Yahoo auctions rating!


Our Guarantee!


 For your peace of mind - we are "verified" sellers with PAYPAL.      



Netscape users Press "Control and D" to bookmark this site.


Come back often.

Thank You...!



 Increase your coin knowledge. See our 



 Coin Collecting


  Coin Collecting Dictionary of Collector Terms

  Click Here !


Shop with confidence

Serving collectors for

Over 25 years!  

Safesure rated - family friendly site


Lynn Coins - where coin collectors shop on line


The following is collection of short articles on the history of money

"Monetary Episodes From History"

Author : Paul Tustain 

    Article Table of Contents:

  • The monetary cycle

  • Ionia - Riches without strength [700BC]
  • Sparta - Gold prohibition in a collapsing economy [600BC]
  • The Carthaginian national state lottery [450BC]
  • Byzantium - Early fiscal indiscipline [410BC]
  • Athens - Housing the Gods (on borrowed money) [500 - 300BC]
  • Rome - Monetary expansion & republican militarism [200BC]
  • Chinese credit derivatives after Genghis Khan [1200AD]
  • John Law - The Royal Bank of France [1716AD]
  • Why Sweden’s central banker was beheaded [1719AD]
  • The US greenback [1870AD]
  • The Weimar inflation in Germany [1923AD]
  • What can we learn ?
  • Gold at the junction of monetary systems
  • Gold as a money of choice 
  • Back to previous page

    Chinese paper money under Kublai Khan - About 1200 AD

    The Chinese were not strangers to paper money. The first apparent use of paper as money was Chinese - in about 140 BC, although how it ended is not known.

    In the early part of the 11th century iron coin was in circulation, but it was overissued and fell in value so that true 'felted' paper was used to represent inconveniently large monetary multiples. This occurred in Szechuan province as an innovation of a private bank. Ostensibly the issued notes were redeemable in three years. 15 similar banks copied the idea and the notes in issue rapidly grew in number, rather faster than did the reserves of the banks. By 1032 all the banks which had issued them had failed.

    Chinese government paper money was then issued in 1131 AD to finance military spending and soon afterwards official paper issue started in earnest. New notes were issued in rapidly increasing numbers and redemption rights into metal were soon suspended. Notes went into circulation on the back of public confidence in the institutions of state, and the provincial governments started issuing in their own name towards the end of the 12th century.

    In 1215 the awesome Genghis Khan overran most of China. Complete power was not immediate, largely because Genghis set off to overrun Asia and terrorize even Eastern Europe, but later between 1260 and 1263, when his grandson Kublai was Chinese emperor,  there was an extensive issue of paper money known as the 'First Mongol Issue', which fairly rapidly depreciated.

    It was followed by the Second Mongol Issue, equally irredeemable, and unlimited in issue, which happened between 1264 and 1290. It was described by Marco Polo in one history's great books :-

    "The emperor's mint then is in this same city of Cambaluc, and the

    way it [money] is wrought is such that you might say he has the secret of alchemy in perfection, and you would be right. For he makes his money after this fashion. He makes them take of the bark of a certain tree, in fact of the mulberry tree, the leaves of which are the food of the silkworms, these trees being so numerous that the whole districts are full of them. What they take is a certain fine white bast or skin which lies between the wood of the tree and the thick outer bark, and this they make into something resembling sheets of paper, but black. When these sheets have been prepared they are cut up into pieces of different sizes.

    All these pieces of paper are issued with as much solemnity and authority as if they were of pure gold or silver; and on every piece a variety of officials, whose duty it is, have to write their names, and to put their seals. And when all is prepared duly, the chief officer deputed by the Khan smears the seal entrusted to him with vermilion, and impresses it on the paper, so that the form of the seal remains imprinted upon it in red; the money is then authentic. Anyone forging it would be punished with death. And the Khan causes every year to be made such a vast quantity of this money, which costs him nothing, that it must equal in amount all the treasure of the world.

    Furthermore all merchants arriving from India or other countries, and bringing with them gold or silver or gems and pearls, are prohibited from selling to any one but the emperor. He has twelve experts chosen for this business, men of shrewdness and experience in such affairs; these appraise the articles, and the emperor then pays a liberal price for them in those pieces of paper. The merchants accept his price readily, for in the first place they would not get so good an one from anybody else, and secondly they are paid without any delay. And with this paper money they can buy what they like anywhere over the empire" Marco Polo - The Travels

    Life under this system was actually extremely good.

    "This was the most brilliant period in the history of China. Kublai Khan, after subduing and uniting the whole country and adding

    Burmah, Cochin-China, and Tonquin to the empire, entered upon a series of internal improvements and civil reforms, which raised the country he had conquered to the highest rank of civilization, power and progress. Tranquility succeeded the commotions of the previous period; life and property were amply protected; justice was equally dispensed; and the effect of a gradual increase in the currency, which was jealously guarded from counterfeiting, was to stimulate industry and prevent the monopolization of capital. It was during this era that the Imperial canal, 1660 miles long, together with many other notable structures were built."
    Del Mar

    Inflation took hold in 1287.  The second Mongol issue continued falling in value until about 1310. At about this time a third issue replaced the second, duplicating the 5 - 1 ratio with which the second had replaced the first. Then things changed markedly for the worse.

    "Population and trade had greatly increased, but the emissions of paper notes were suffered to largely outrun both, and the inevitable consequence was depreciation. All the beneficial effects of a currency which is allowed to expand with a growth of population and trade were now turned into those evil effects that flow from a currency emitted in excess of such growth. These effects were not slow to develop themselves. Excessive and too rapid augmentation of the currency, resulted in the entire subversion of the old order of society. The best families in the empire were ruined, a new set of men came into the control of public affairs, and the country became the scene of internecine warfare and confusion." Del Mar

    In the final phase of the Mongol dynasty in about 1350 huge efforts were made to correct the management of the currency but the situation was beyond repair, monetary paper having been issued in one form or another by all manner of private, provincial and central government agencies in what amounted to an explosion of credit.

    Upon the demise of the Mongol system of government which had presided over so many benefits only to see them destroyed through financial crisis, the usurping Ming dynasty issued yet more paper currency with the solemn legend "This paper money shall have currency, and be used in all respects as if it were copper money". There was no public confidence in the firmness of this declaration and at the outset the paper traded at 17 : 13 against copper coinage. Before long the ratio fell to 300 : 1.

    It was reported that gold and silver crept quietly back into circulation. If they did it was deeply unofficial, because neither was being minted in China at that time.

    John Law's Royal Bank of France - 1716 ......................................    (Click here to continue to next page)  

    Pages: 1 2  -  3  -  4  -  5  -  6  -  7    

    Copyright  © 2004 Paul Tustain

     Reprinted with permission and thanks to source-

    Click here

    to see our GOLD

    Chinese Panda coins

     2000 to 2005 gold pandas

    CHINA PANDA GOLD COINS 2000 to 2005

    Click here

    1982 to 1999 panda coins

    Chinese PANDA BEAR Gold Coins - 1984 to 1999

    Click here


     Disclaimer: This and other articles found on this website contain opinions and analyses that are not entirely our own and are subject to typographical errors, errors of omission, or content.   This does not constitute a recommendation to buy or sell. Use your good judgment, get professional advice, and research the actual publications before buying, selling, holding, or making any type of transaction based on information found here. 


    Two easy ways to order:  

    1. Use the PayPal shopping cart

    - The shopping cart will record your 

       order and let you pay with PayPal. 

       2. E-mail us, mail us payment

     - Email us your list of items.  We'll hold your order while you mail us a money order, check or  cashier's check.

    To change the quantities in your cart click "View Shopping Cart".  Click "Check Out" to pay.


    Our shopping cart will save a list of the items you select until you are ready  to check out.  You may remove items by clicking on the View Shopping cart button.  Click checkout to use  PAYPAL to pay with your Visa or Master Card.   You may also email us your order.  We accept money orders, cashiers check, or personal checks as payment.    Thanks!  


    Satisfaction Guaranteed !






    Prices may change without advance notice.   Quantities of some

    items are limited.   Orders shipped to addresses within the USA only.






    We are proud of our reputation of pleasing our customers…..with thousands of satisfied customers.

    We hope you will become one of them.

    Have Questions ?   Please email us at:


    John Lynn & Company
    Post Office BOX 56
    Gibson, TN 38338

    Phone: (731) 787-6645

    Email us at:


    Copyright 1999-2004 JLYNN                                   Thank you for visiting us at         No inventory is kept on the premises.


    Lynn Coins - Serving collectors + Investors since 1978.   © 1978-2007™, Inc. All Rights Reserved

    Hit Counter