Numismatics

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.

Coin collectors and enthusiasts at an exhibition organized by the Numismatic Society of Calcutta, Kolkata, West Bengal

The earliest forms of money used by people are categorised by collectors as "odd and curious",[1] 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).[2] As an example, the Kyrgyz people used horses as the principal currency unit, and gave small change in lambskins;[3] the lambskins may be suitable for numismatic study, but the horses are not.[dubious ] Many objects have been used for centuries, such as cowry shells, precious metals, cocoa beans, large stones, and gems.

  1. ^ Maurer, B. "Primitive and Nonmetallic Money". In Yago, K.; Battilosi, S.; Cassis., Y. (eds.). Handbook of the History of Money and Currency. Springer. p. 87-104.
  2. ^ Gibson-Light, Michael (2018-06-01). "Ramen Politics: Informal Money and Logics of Resistance in the Contemporary American Prison". Qualitative Sociology. 41 (2): 199–220. doi:10.1007/s11133-018-9376-0. ISSN 1573-7837. S2CID 254976793.
  3. ^ Glyn Davies (1996). Chronology of Money 1900 — 1919. University of Wales Press. ISBN 978-0-7083-1351-0. Archived from the original on 2006-07-14. Retrieved 2006-08-09.

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