Portal:Numismatics

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The Numismatics Portal

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Numismatics (ancient Greek: νομισματική) is the scientific study of money and its history in all its varied forms. While numismatists are often characterized as studying coins, the discipline also includes a much larger study of payment media used to resolve debts and the exchange of goods.

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 Virtuti Militari is Poland's highest military decoration for valor in the face of the enemy. Foreign decorations equivalent to the Virtuti Militari include Britain's Victoria Cross and the U.S. Medal of Honor. It is awarded either for personal heroism or sometimes to commanders representing their units.

Awarded in five classes, the order was created in 1792 by Poland's King Stanisław August Poniatowski. It has been reintroduced, renamed and banned several times, with its fate closely reflecting the vicissitudes of the Polish people. Throughout the decoration's existence, thousands of soldiers and officers, Polish and foreign, several cities and one ship have been awarded the Virtuti Militari for valor or outstanding leadership in war. There have been no new awards since 1989.

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Credit: User:Marshman
Yap stone money at the village of Gachpar on Yap.

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Newfoundland 2 dollar coin

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Portal:Business and economics
Portal:Heraldry
Philately
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Heraldry

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The United States one-cent coin, commonly called a penny, is a unit of currency equaling 1100 of a United States dollar. Its obverse has featured the profile of President Abraham Lincoln since 1909. Since 1959, the reverse has featured the Lincoln Memorial.

The coin has gone through several designs over its two-hundred year history. Until 1857 it was about the size of the current half-dollar coin. In 2009 the cent will get a one-year, four-coin commemorative program marking the 100th anniversary of Lincoln being placed on the cent.

Banknotes

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Credit: [1]
Back of Russian 1000 rubles banknote, 1997.

Numismatic terminology

  • 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.

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Numismatic News

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

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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...


Numismatic topics

Production: Coining (machining) - Designers - Die making - Mint (coin) • Coinage Metals: Aluminum - Bronze - Copper - Gold - Platinum - Silver - Tin

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Economics on Wikinews Money on Wikiquote Numismatics on Wikibooks Numismatics on Wikisource Currencies on Wikicommons
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