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From a numismatic point of view, the use of money,
which sprang up in the middle of the seventh century BC, in Asia
Minor, during the reign of Lydia, and in the Greek colonies of
the Ionian sea, can be considered as the consequence of a long
evolution of exchange means, generally identified by various utensils
like tripods, bronze axes and iron spears, known in Greek as obeloi.
Before the introduction of coins exchange took place in kind, depending
on the type of goods, especially with regard to livestock (in Latin
pecus) from which the word pecunia (money) derives, with its immediate
meaning still alive in our modern-day languages.
Coins usually identify races and tell of their history via their
technical and artistic features.
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"Gela, Sicily (Italy)" |

"Italian coin:
£500" |
This was the case of the Lira which ratified the
unification of Italy, replacing more than two hundred and fifty
local coins, and this is still the case today with the Euro, for
which VERRES SpA has played a key role as the concrete means of
the final launching of a united Europe.
The consolidated inherited and developed know-how, starting from
the perfecting in the area of COGNE of a stainless ferritic steel
known as Acmonital, especially designed for the Italian Mint, had
led to the founding of VERRES SpA,
a company in partnership with the Istituto Poligrafico e Zecca
dello Stato (I.P.Z.S.)- State
Typography and Mint, aimed at achieving maximum synergy between
a qualitatively constant production of semi-processed mintage products
and the minting of the coins themselves.
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It is not by chance therefore, that the bimetallic coins, an important
innovation covered by an international patent and used as the VERRES
SpA logo, was designed and produced in Italy for the
first time in the world.
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