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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). More about Numismatics...
The history of Ancient Greek coinage can be divided (along with most other Greek art forms), into three periods, the Archaic, the Classical and the Hellenistic. The Archaic period extends from the introduction of coinage to the Greek world in about 600 BCE until the Persian Wars in about 480 BCE. The Classical period then began, and lasted until the conquests of Alexander the Great in about 330 BC, which began the Hellenistic period, extending until the Roman absorption of the Greek world in the 1st century BCE. The Greeks cities continued to produce their own coins for several more centuries under Roman rule, called Roman provincial coins. All Greek coins were hand-made, rather than milled as modern coins are. The design for the obverse was carved (in reverse) into a block of stone or iron. The design of the reverse was carved into another. The blank gold or silver disk, heated to make it soft, was then placed between these two blocks and the upper block struck hard with a hammer, "punching" the design onto both sides of the coin. This is a fairly crude technique and produces a high failure rate, so the high technical standards achieved by the best Greek coins - perfect centering of the image on the disk, even relief all over the coin, sharpness of edges - is a remarkable testament to Greek perfectionism. Credit: User:Chris.B
The United States one-cent coin, commonly called a penny, is a unit of currency equaling 1⁄100 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. Credit: commons:User:WikedKentaur. A circulated 1 Soviet ruble, issued in 1961. The color theme is a tradition that can be traced back to Imperial time. .
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...
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... 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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