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Portal:Numismatics

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The Numismatics Portal

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).

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The hobo nickel is a sculptural art form involving the creative modification of small-denomination coins, essentially resulting in miniature bas reliefs. The nickel, because of its size, thickness, and relative softness, was a favored coin for this purpose. However, the term "hobo nickel" is generic, and carvings have been made from many different denominations.

Due to its low cost and portability, this medium was particularly popular among hobos, hence the name. The altering of coins dates to the 18th century or earlier. Beginning in the 1850s, the most common form of coin alteration was the "potty coin," engraved on Seated Liberty coins (half dime through trade dollar). This time period was also the heyday of the love token, which was made by machine-smoothing a coin (usually silver) on one or both sides, then engraving it with initials, monograms, names, scenes, etc., often with an ornate border.

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Credit: Lawrence Oei.
The reverse of a 2001 Canadian Silver Maple Leaf with summer colour finish. edit  

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