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they were making metal rings which some historians think they used as money.
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they began to use paper money too and this innovation led to a huge increase in international trade
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europeans were using more and more metal coins, made with metal taken from their colonies overseas.
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rather than exchanging objects like tools and weapons, a system of using miniature replicals of the object to be trated were used instead of the objects themselves
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the coins were made in lydia. It was discovered by the Lydian king Croesus.
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the first paper money was being used
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a pirate walked into your shop he might try to pay in pieces of eight. A spanish eight real coins was often split up into bits to pay for things, leaving the bits as change.
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For example, the threepenny was only scrapped in that year. In the english colonies of the west indies half a reap was four bits and a quarter was two bits, a phrase used by people in the USA today.