As a numismatist, I have spent years studying and collecting coins, tokens, bills, medals, and other related objects. But numismatics is not just about collecting coins; it is a discipline that encompasses the broader study of money and other means of payment used in trade and commerce. The word 'numismatics' comes from the Greek word 'nomisma', which means currency, and it is believed that the first metal coins were used as currency by the Lydians during the 7th century BC.
Numismatics
is often used interchangeably with coin collecting, but as a numismatist, I can tell you that we are a much more exclusive group of coin enthusiasts. While a coin collector may simply collect coins for their aesthetic value or as a hobby, a numismatist has expert knowledge about the rarity, classification, and history of coins.We are not just collectors; we are students of money. The term 'numismatic' refers to someone who studies or collects money, including coins, tokens, and paper money. And while there is no specific name for a coin collector, it is the most common subsection of numismatics. Coin collecting is the collection of minted coins or other forms of legal tender. Collectors may be interested in complete sets of a particular design or denomination, coins that were in circulation for only a short period of time, or coins with errors.
The diversity of available currencies means that anyone can find something that piques their interest without breaking the bank. But numismatics goes beyond just collecting coins. It also includes the study of tokens, paper money, and medals.
Exonumia
is a term used to describe the study and collection of these items, which are used instead of coins or to commemorate events and achievements.Exonumia
focuses primarily on commemorative military medals, which are awarded for contributions to military and war expeditions. As an expert in numismatics, I have extensive knowledge about the history, design, and monetary systems of coins.This makes me a valuable resource for the coin collecting community. Many collectors look for numismatic coins to enrich their collections and study the history behind various currencies. The two functions often overlap, and many enthusiasts find pleasure in both aspects of collecting and studying coins. The word 'numismatics' originated in the late 16th century from the French word 'numismatique', which means the study of historic coins and medals. In English, the word 'numismatic' came into use in the late 18th century.
While investment can be a component of numismatics, many numismatists are motivated by the history and art behind each coin and not just its monetary value. The history of numismatics dates back to ancient civilizations, where coins first emerged as a medium of exchange. During the Roman Empire, emperors such as Caesar Augustus collected coins from various places to use as leverage in commercial negotiations and to give to guests. These coins often featured engraved images of animals, mythical gods and goddesses, and rulers, making them of great interest to collectors.
