Currency of Colombia but was received without limit by public offices. The law also made old Colombian coins legal tender at face value, and it prohibited the import of any silver coin less than .835 fine or any gold coin less than .900 fine. Gold and silver coin of France, Belgium, Italy, and Switzerland was accepted by public offices. In 1863 the Treasury issued notes for 5, 10, and 20 centavos and 1, 2, 5, 10, 20, and 50 pesos, adding a 3 peso note in 1869. The State of Panama issued notes between 1867 and 1880. A branch of the "London, México
History of Chinese currency system that was not backed by silver or gold. The currency issued by the Yuan was the world's first fiat currency, known as Chao. The Yuan government attempted to prohibit all transactions in or possession of silver or gold, which had to be turned over to the government. Inflation in 1260 caused the government to replace the existing paper currency with a new one in 1287, but inflation that resulted from undisciplined printing remained a problem for the Yuan court until the end of the Dynasty. The early Ming dynasty (, 1368–1644) also attempted to use paper currency in the