Society of the Mongol Empire influences. Genghis Khan authorized the use of paper money shortly before his death in 1227. It was backed by precious metals and silk. The Mongols used Chinese silver ingot as a unified money of public account, while circulating paper money in China and coins in the western areas of the empire such as Golden Horde and Chagatai Khanate. Under Ögedei Khan the Mongol government issued paper currency backed by silk reserves and founded a Department which was responsible for destroying old notes. In 1253, Möngke established a Department of Monetary affairs to control the issuance of paper money in order
Society of the Mongol Empire distributed much more widely. Empresses, princesses and meritorious servants, as well as children of concubines, all received full shares including war prisoners. For example, Kublai called 2 siege engineers from the Ilkhanate in Middle East, then under the rule of his nephew Abaqa. After the Mongol conquest in 1238, the port cities in Crimea paid the Jochids custom duties and the revenues were divided among all Chingisid princes in Mongol Empire accordance with the appanage system. As loyal allies, the Kublaids in East Asia and the Ilkahnids in Persia sent clerics, doctors, artisans, scholars, engineers and administrators to and received