The E-Sylum:  Volume 7, Number 35, August 29, 2004, Article 11

DECIMAL COINAGE SYSTEMS

  In a letter to the editor of the Wall Street Journal discussing
  an earlier articled crediting  Thomas Jefferson with devising
  "the world's first decimal currency system," a reader wrote:

  "Actually, Russia's Peter the Great introduced the modern
  era's first such system when he had his coiners strike rubles
  in the first decade of the 18th century. One ruble equaled
  100 kopeks. Even authoritarian Russians can have good
  monetary ideas and can sometimes teach us Americans a
  thing or two."

   [So who gets the credit for the world's first decimal coinage
  system?  Was it Peter the Great?  Or was there an earlier
  decimal system?  -Editor]

  Wayne Homren, Editor

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