d out of lumps of silver. By 500 BC the modern coin came around. They took the familiar round form of today, and were stamped with various gods and emperors to mark their authenticity. These early coins first appeared in Lydia, which is part of present-day Turkey, but the techniques were quickly copied and further refined by the Greek, Persian, Macedonian, and later the Roman empires. Unlike Chinese coins, which depended on base metals, these new coins were made from precious metals such as silver, bronze, and gold, which had more inherent value.
In 118 BC leather money was used in China in the form of one-foot-square pieces of white deerskin with colorful borders. This could be considered the first documented type of banknote. However it wasn't till 806 AD till the first paper bank notes appeared in China. In all, China experienced over 500 years of early paper money, spanning from the nint
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