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Portal:Numismatics

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The Numismatics Portal

Electrum coin from Ephesus, 520-500 BCE. Obverse: Forepart of stag. Reverse: Square incuse punch

Numismatics is the study or collection of currency, including coins, tokens, paper money, medals and related objects.

Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includes the broader study of money and other means of payment used to resolve debts and exchange goods.

The earliest forms of money used by people are categorised by collectors as "odd and curious", but the use of other goods in barter exchange is excluded, even where used as a circulating currency (e.g., cigarettes or instant noodles in prison). As an example, the Kyrgyz people used horses as the principal currency unit, and gave small change in lambskins; the lambskins may be suitable for numismatic study, but the horses are not.[dubiousdiscuss] Many objects have been used for centuries, such as cowry shells, precious metals, cocoa beans, large stones, and gems. (Full article...)

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A coin collection, featuring coins loose and in various storage mediums.

Coin collecting is the collecting of coins or other forms of minted legal tender. Coins of interest to collectors include beautiful, rare, and historically significant pieces. Collectors may be interested, for example, in complete sets of a particular design or denomination, coins that were in circulation for only a brief time, or coins with errors. Coin collecting can be differentiated from numismatics, in that the latter is the systematic study of currency as a whole, though the two disciplines are closely interlinked.

Many factors determine a coin's value including grade, rarity, and popularity. Commercial organizations offer grading services and will grade, authenticate, attribute, and encapsulate most coins. (Full article...)

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A 1 Hungarian pengő coin, made of aluminium, floating on water, demonstrating its surface tension.

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Newfoundland 2 dollar coin
Reverse, Newfounland two dollars

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The Queen's Beasts coins are British coins issued by the Royal Mint in platinum, gold, and silver since 2016. Each of the 10 beast coins in the series features a stylized version of one of the heraldic Queen's Beasts statues present at the coronation of Queen Elizabeth II representing her royal line of ancestry. The silver coin is notable as the first two-ounce United Kingdom silver bullion coin. Engraver Jody Clark designed the entire series. In December 2016, a full line of proof-quality coins was announced. In 2017, the mint began producing a platinum version of the coin. In April 2021, the Royal Mint issued an eleventh "Completer Coin" that featured all 10 of the Queen's Beasts, taking the series to 11 coins in total. The April 2021 release included a "one of a kind" gold coin weighing 10 kg and a denominated value of £10,000. Based upon the UK spot price at the time of release, the 10 kg gold coin had an intrinsic scrap value of approximately £411,000. It was widely reported that the 10 kg gold coin was the heaviest gold coin the Royal Mint had ever produced and that it had taken 400 hours to produce, four days to polish and has been described as a "Masterwork". The Royal Mint announced that Completer Coin completes the Queen's Beasts commemorative collection.

Single coins were delivered in a plastic coin capsule or flip, as chosen when ordering. Bulk orders were delivered in the same containers used for packaging Britannia bullion coins: 10 coins per tube, 20 tubes per box. The tube for silver can potentially hold a total of 14 coins. Proof coins were typically delivered in a coin capsule along with a display box and a booklet explaining the beast's significance in heraldic art. (Full article...)

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Face of the famous 1896 $2 "Educational Series" silver certificate.

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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 – 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 – The study of paper money or banknotes.
  • Scripophily – The study and collection of stocks and Bonds.

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Numismatic topics



List articles

Central banks • Currencies • Circulating currencies • Historical currencies • US community currencies • Canadian community currencies • Mints • Motifs on banknotes • Most expensive coins

Subcategories

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Most traded currencies

Most traded currencies by value
Currency distribution of global foreign exchange market turnover[1]
Currency ISO 4217
code
Symbols Proportion of daily volume Change
(2019–2022)
April 2019 April 2022
U.S. dollar USD $, US$ 88.3% 88.5% Increase 0.2pp
Euro EUR 32.3% 30.5% Decrease 1.8pp
Japanese yen JPY ¥, 16.8% 16.7% Decrease 0.1pp
Sterling GBP £ 12.8% 12.9% Increase 0.1pp
Renminbi CNY ¥, 4.3% 7.0% Increase 2.7pp
Australian dollar AUD $, $A 6.8% 6.4% Decrease 0.4pp
Canadian dollar CAD $, Can$ 5.0% 6.2% Increase 1.2pp
Swiss franc CHF Fr., fr. 4.9% 5.2% Increase 0.3pp
Hong Kong dollar HKD $, HK$, 3.5% 2.6% Decrease 0.9pp
Singapore dollar SGD $, S$ 1.8% 2.4% Increase 0.6pp
Swedish krona SEK kr, Skr 2.0% 2.2% Increase 0.2pp
South Korean won KRW ₩, 2.0% 1.9% Decrease 0.1pp
Norwegian krone NOK kr, Nkr 1.8% 1.7% Decrease 0.1pp
New Zealand dollar NZD $, $NZ 2.1% 1.7% Decrease 0.4pp
Indian rupee INR 1.7% 1.6% Decrease 0.1pp
Mexican peso MXN $, Mex$ 1.7% 1.5% Decrease 0.2pp
New Taiwan dollar TWD $‎, NT$, 0.9% 1.1% Increase 0.2pp
South African rand ZAR R 1.1% 1.0% Decrease 0.1pp
Brazilian real BRL R$ 1.1% 0.9% Decrease 0.2pp
Danish krone DKK kr., DKr 0.6% 0.7% Increase 0.1pp
Polish złoty PLN zł‎, Zl 0.6% 0.7% Increase 0.1pp
Thai baht THB ฿, B 0.5% 0.4% Decrease 0.1pp
Israeli new shekel ILS ₪, NIS 0.3% 0.4% Increase 0.1pp
Indonesian rupiah IDR Rp 0.4% 0.4% Steady
Czech koruna CZK Kč, CZK 0.4% 0.4% Steady
UAE dirham AED د.إ, Dh(s) 0.2% 0.4% Increase 0.2pp
Turkish lira TRY ₺, TL 1.1% 0.4% Decrease 0.7pp
Hungarian forint HUF Ft 0.4% 0.3% Decrease 0.1pp
Chilean peso CLP $, Ch$ 0.3% 0.3% Steady
Saudi riyal SAR , SRl(s) 0.2% 0.2% Steady
Philippine peso PHP 0.3% 0.2% Decrease 0.1pp
Malaysian ringgit MYR RM 0.2% 0.2% Steady
Colombian peso COP $, Col$ 0.2% 0.2% Steady
Russian ruble RUB ₽, руб 1.1% 0.2% Decrease 0.9pp
Romanian leu RON —, leu 0.1% 0.1% Steady
Peruvian sol PEN S/. 0.1% 0.1% Steady
Bahraini dinar BHD .د.ب, BD 0.0% 0.0% Steady
Bulgarian lev BGN лв., lv., lev 0.0% 0.0% Steady
Argentine peso ARS $, Arg$ 0.1% 0.0% Decrease 0.1pp
Other currencies 1.8% 2.3% Increase 0.5pp
Total: 200.0% 200.0%

References

  1. ^ Triennial Central Bank Survey Foreign exchange turnover in April 2022 (PDF) (Report). Bank for International Settlements. 27 October 2022. p. 12. Archived (PDF) from the original on 2022-10-27.


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