| Johan
Palmstruch issued the first European banknotes starting in 1661. No 1661
dated examples are known to have survived but a 1666
example is shown above. For another
early European issue see the Norway - Jorgen Thør Mǿhlen
notes which were issued in 1695.
The world's first banknotes issued were during the Tang Dynasty in
China, ca. 618 - 907AD. They were issued as certificates in
various amounts and were transferable, therefore could be classified as
paper money by our current definition. These notes were referred
to as flying money. |
