Portal:Numismatics
Exonumia is the study of coin-like objects such as token coins and medals, and other items used in place of legal currency or for commemoration. Notaphily is the study of paper money or banknotes. Scripophily is the study and collection of stocks and Bonds. Numismatics is an ancient discipline, reaching as far back as Julius Caesar, who is often credited with writing the first book on numismatics. It can include the study of many different aspects relating to coins, including history, geography, economics, metallurgy, usage, and manufacturing processes.
Economic and historical studies of money's use and development are separate to the numismatists' study of money's physical embodiment (although the fields are related; economic theories of money's origin depend upon numismatics, for example).
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The gold standard is a monetary system in which the standard economic unit of account is a fixed weight of gold. Under the gold standard, currency issuers guarantee to redeem notes in that amount of gold. Governments that employ such a fixed unit of account, and which will redeem their notes to other governments in gold, share a fixed-currency relationship. Supporters of the gold standard claim it is more resistant to credit and debt expansion. Unlike a fiat currency, the money backed by gold cannot be created arbitrarily by government action. This restraint prevents artificial inflation by the devaluation of currency. This is supposed to remove "currency uncertainty," keep the credit of the issuing monetary authority sound, and encourage lending. Nevertheless, countries under the gold standard, like countries with fiat currencies, underwent debt crises and depressions throughout the history of its use.
The gold standard is no longer used in any nation, having been replaced completely by fiat currency. It still is in use by private institutions in the supply of digital gold currency, which uses gold grams as money. Due to its rarity, durability, and the general ease of identification through its unique color, weight, ductility and acoustic properties, gold is a commodity that merchants and traders came to select as a common unit of account - thus it has long been used as a form of money and store of wealth.
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Credit: Yom & Sniff.
Coin of King Ebana of Aksum.
- ...that with its two-dollar coin (reverse pictured), Newfoundland was the only British colony to issue circulating gold coinage?
- ...that Mount Burgess is nicknamed the Ten Dollar Mountain because it was featured on Canadian currency?
- ...that the American Buffalo gold bullion coin was the first .9999 fine 24-carat gold coin released by the United States Mint?
- ...that the Alabama centennial half dollar was the first commemorative coin minted with the image of a living individual?
- ...that Aksumite currency was the only native coinage to be issued in Africa without direct influence by an outside culture like Roman, Greek, etc...?
- NumisWiki
- International Association of Professional Numismatists
- American Numismatic Association
- American Numismatic Society
- British Numismatic Association
- American Vecturist Association
- Challenge Coin Association
- Numismatic Museum of Athens, Greece
- The Perth Mint Australia
- Central Mint of China
- Royal Mint
- The French Mint
- United States Mint
- Bank of Russia
- Royal Canadian Mint
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A Krugerrand is a South African gold coin, first minted in 1967 in order to help market South African gold. The coins have legal tender status in South Africa. The Krugerrand was the first bullion coin to be tenderable at the market value of its face gold content and the first to contain precisely one ounce of fine gold.
It gets its name from the fact that the obverse shows the face of Paul Kruger, president of the old South African Republic. The reverse depicts a springbok antelope, one of the national symbols of South Africa.
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Credit: commons:User:Timur lenk
Back of 1993 2 Lithuanian litas banknote.
- Bullion - Precious metals (platinum, gold and silver) in the form of bars, ingots or plate.
- Error - Usually a mis-made coin not intended for circulation, but can also refer to an engraving or die-cutting error not discovered until the coins are released to circulation. This may result is two or more varieties of the coin in the same year.
- Exonumia is the study of coin-like objects such as token coins and medals, and other items used in place of legal currency or for commemoration.
- Fineness - Purity of precious metal content expressed in terms of one thousand parts. 90% is expressed as .900 fine.
- Notaphily is the study of paper money or banknotes.
- Scripophily is the study and collection of stocks and Bonds.
Template:/box-header January 1, 2008 Venezuela launched a new currency with the new year, lopping off three zeros from denominations in a bid to simplify finances and boost confidence in a money that has been losing value due to high inflation. The new currency is called bolívar fuerte or "strong bolívar". Officials also say it is part of a broader effort to contain rising prices and strengthen the economy. More...
January 1, 2008
Today at midnight, the Cyprus and the Malta adopted the euro as their official currency; less than four years after their accession to the European Union. The single currency has replaced the Cypriot pound and the Maltese lira at a rate of one euro to 0.585274 Cypriot pound and 0.4293 to the Maltese lira. In both countries the euro was welcomed with outdoor celebrations, including a fireworks display in Malta's capital Valletta. More...
September 26, 2007
Designs for three of four themes proposed for the reverse of 2009 Lincoln cents to honor Abraham Lincoln's life were endorsed by the Citizens Coinage Advisory Committee. More...
Money - Coins - Banknotes - Electronic money - Exchange rate - Legal tender - Clubs - Terminology
Ancient currency: Asia - Byzantium - Greece - Primitive Money - Roman - Indian coinage
Modern currency: Africa - The Americas - Asia and the Pacific - Europe - Bullion coins - Challenge coin - Commemorative coins - Token coins
Economics: Banking - Bonds - Cheques - Credit Cards - Fiat currency - Gold standard - Mints - Monetary union - Reserve currency - Stocks
Production: Coining (machining) - Designers - Die making - Mint (coin) • Coinage Metals: Aluminum - Bronze - Copper - Gold - Platinum - Silver - Tin
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