Numismatics
   HOME



picture info

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 good (economics), 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 sheepskin, lambskins; the lambskins may be suitable for numismatic study, but the horses are not. Many objects have been used for centuries, such as Cowry, cowry shells, precious metals, Cocoa beans#History, cocoa beans, Rai stones, large stones, and Gemstone, gems. Etymology Firs ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Numismatist
A numismatist is a specialist, researcher, and/or well-informed collector of numismatics, numismatics/coins ("of coins"; from Late Latin , genitive of ). Numismatists can include collectors, specialist dealers, and scholar-researchers who use coins (and possibly, other currency) in object-based research. Although use of the term ''numismatics'' was first recorded in English in 1799, people had been collecting and studying coins long before then all over the world. (The branch of numismatics that deals with the study and collection of paper currency and banknotes by notaphilists is called Notaphily) Numismatist collectors This group chiefly may derive pleasure from the simple ownership of monetary devices and studying these coins as private amateur scholars. In the classical field, amateur collector studies have achieved quite remarkable progress in the field. Examples include Walter Breen, a noted numismatist who was not an avid collector, and King Farouk I of Egypt, an avid col ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Coins
A coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. The faces of coins or medals are sometimes called the ''obverse'' and the ''reverse'', referring to the front and back sides, respectively. The obverse of a coin is commonly called ''heads'', because it often depicts the head of a prominent person, and the reverse is known as ''tails''. The first metal coins – invented in the ancient Greek world and disseminated during the Hellenistic period – were precious metal–based, and were invented in order to simplify and regularize the task of measuring and weighing bullion (bulk metal) carried around for the purpose of transactions. They carried their value within the coins themselves, but the stampings also induced manipu ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Currency
A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance; i.e., legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term ''currency'' appear in the respective synonymous articles: banknote, coin, and money. Th ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Medal
A medal or medallion is a small portable artistic object, a thin disc, normally of metal, carrying a design, usually on both sides. They typically have a commemorative purpose of some kind, and many are presented as awards. They may be intended to be worn, suspended from clothing or jewellery in some way, although this has not always been the case. They may be struck like a coin by dies or die-cast in a mould. A medal may be awarded to a person or organisation as a form of recognition for sporting, military, scientific, cultural, academic, or various other achievements. Military awards and decorations are more precise terms for certain types of state decoration. Medals may also be created for sale to commemorate particular individuals or events, or as works of artistic expression in their own right. In the past, medals commissioned for an individual, typically with their portrait, were often used as a form of diplomatic or personal gift, with no sense of being an award ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Banknote
A banknote or bank notealso called a bill (North American English) or simply a noteis a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to Redemption value, redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authority, monetary authorities. By extension, the word "banknote" is sometimes used (including by collectors) to refer more generally to paper money, but in a strict sense notes that have not been issued by banks, e.g. government notes, are not banknotes. National banknotes are often, but not always, legal tender, meaning that courts of law are required to ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Fiat Money
Fiat money is a type of government-issued currency that is not backed by a precious metal, such as gold or silver, nor by any other tangible asset or commodity. Fiat currency is typically designated by the issuing government to be legal tender, and is authorized by government regulation. Since the end of the Bretton Woods system in 1976 by the Jamaica Accords, the major currencies in the world are fiat money. Fiat money generally does not have intrinsic value and does not have use value. It has value only because the individuals who use it as a unit of account or, in the case of currency, a medium of exchange agree on its value. They trust that it will be accepted by merchants and other people as a means of payment for liabilities. Fiat money is an alternative to commodity money, which is a currency that has intrinsic value because it contains, for example, a precious metal such as gold or silver which is embedded in the coin. Fiat also differs from representative mone ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Money
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an emergent market phenomenon that possessed intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. The money supply of a country comprises all currency in circulation (banknotes and coins currently issued) and, depending on the particular definiti ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Rai Stones
A rai stone (), or fei stone, is one of many large artifacts that were manufactured and treasured by the native inhabitants of the Yap islands in Federated States of Micronesia, Micronesia. They are also known as Yapese stone money or similar names. The typical rai stone is carved out of crystalline limestone and shaped like a disk with a hole in the center. The smallest may be in diameter. The largest extant stone is located on Rumung island, near the Riy village; it is in diameter and thick, and weighs . Rai stones were quarried on several of the Micronesian islands, mainly Palau, but briefly on Guam as well. The practice stopped in the early 20th century. Today around 6,000 large rai stones are outstanding on the island, and several can be seen in museums worldwide. The stones were highly valued by the Yapese and used for important ceremonial gifts. The ownership of a large stone, which would be too difficult to move, was established by its history as recorded in oral trad ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Greek Language
Greek (, ; , ) is an Indo-European languages, Indo-European language, constituting an independent Hellenic languages, Hellenic branch within the Indo-European language family. It is native to Greece, Cyprus, Italy (in Calabria and Salento), southern Albania, and other regions of the Balkans, Caucasus, the Black Sea coast, Asia Minor, and the Eastern Mediterranean. It has the list of languages by first written accounts, longest documented history of any Indo-European language, spanning at least 3,400 years of written records. Its writing system is the Greek alphabet, which has been used for approximately 2,800 years; previously, Greek was recorded in writing systems such as Linear B and the Cypriot syllabary. The Greek language holds a very important place in the history of the Western world. Beginning with the epics of Homer, ancient Greek literature includes many works of lasting importance in the European canon. Greek is also the language in which many of the foundational texts ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Late Latin
Late Latin is the scholarly name for the form of Literary Latin of late antiquity.Roberts (1996), p. 537. English dictionary definitions of Late Latin date this period from the 3rd to 6th centuries CE, and continuing into the 7th century in the Iberian Peninsula. This somewhat ambiguously defined version of Latin was used between the eras of Classical Latin and Medieval Latin. Scholars do not agree exactly when Classical Latin should end or Medieval Latin should begin. Being a written language, Late Latin is not the same as Vulgar Latin, or more specifically, the spoken Latin of the post-Imperial period. The latter served as the ancestor of the Romance languages. Although Late Latin reflects an upsurge in the use of Vulgar Latin vocabulary and constructs, it remains largely classical in its overall features, depending on the author who uses it. Some Late Latin writings are more literary and classical, but others are more inclined to the vernacular. As such it is an important ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Latinisation Of Greek
Romanization of Greek is the transliteration ( letter-mapping) or transcription (sound-mapping) of text from the Greek alphabet into the Latin alphabet. History The conventions for writing and romanizing Ancient Greek and Modern Greek differ markedly. The sound of the English letter B () was written as in ancient Greek but is now written as the digraph , while the modern sounds like the English letter V () instead. The Greek name became Johannes in Latin and then John in English, but in modern Greek has become ; this might be written as Yannis, Jani, Ioannis, Yiannis, or Giannis, but not Giannes or Giannēs as it would be for ancient Greek. The word might variously appear as Hagiοs, Agios, Aghios, or Ayios, or simply be translated as " Holy" or "Saint" in English forms of Greek placenames. Traditional English renderings of Greek names originated from Roman systems established in antiquity. The Roman alphabet itself was a form of the Cumaean alphabet derived f ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]