Numismatics

Terminology

Currency Coins, Banknotes, Forgery Circulating currencies Community currencies Image File history File linksMetadata Size of this preview: 800 × 600 pixelsFull resolution (2816 × 2112 pixel, file size: 2. ... Numismatics is the scientific study of currency and its history in all its varied forms. ... This article is an attempt to combine and condense Numismatic and coin collecting terms into concise, informative explainations for the beginner or professional. ... This article does not cite its references or sources. ... A £20 Bank of England banknote. ... This list of circulating currencies contains the 194 current official or de facto currencies of the 192 United Nations member states, one UN observer state, three partially recognized sovereign states, six unrecognized countries, and 32 dependencies. ... In economics, a local currency, in its common usage, is a currency not backed by a national government (and not legal tender), and intended to trade only in a small area. ... Company scrip, LETS, Time dollars Fictional currencies Company scrip is currency issued in certain industries to pay workers. ... This article or section does not cite its references or sources. ... The Ithaca Hour is an example of time-based currency. ... Fictional currency is currency in works of fiction. ...

Ancient currencies Greek, Roman, Byzantine Medieval currencies Modern currencies Africa, The Americas, Europe, Asia, Oceania

Production Mint, Designers Coining, Milling, Hammering

Exonumia Credit cards, Medals, Tokens Notaphily A mint is a facility which manufactures coins for currency. ... Coining is a form of precision stamping. ... The term milled coinage is used to describe coins which are produced by some form of machine, rather than by manually hammering coin blanks between two dies (hammered coinage) or casting coins from dies. ... Hammered coinage describes the commonest form of coins produced since the invention of coins in the first millennium BC until the early modern period of ca. ... 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. ... Credit cards A credit card is a system of payment named after the small plastic card issued to users of the system. ... A Medal is a word used for various types of compact objects: a wearable medal awarded by an authority government for services redered, especially to a country (such as Armed force service); strictly speaking this only refers to a medal of coin-like appearance, but informally the word also refers... A rare and historic Bechuanaland Border Police canteen token. ... Banknotes Scripophily A £20 Bank of England banknote. ... Scripophily is the study and collection of stocks and Bonds. ... Stocks, Bonds

Notaphily is the study of paper money or banknotes. Notaphilist is a banknote, paper money or polymer banknote collector, a person who collects banknotes, paper money, paper currency or plastic notes. This article does not cite its references or sources. ... In finance, a bond is a debt security, in which the issuer owes the holders a debt and is obliged to repay the principal and interest (the coupon) at a later date, termed maturity. ... This article needs additional references or sources to facilitate its verification. ... A £20 Ulster Bank banknote. ... Notaphilist is a banknote, paper money or polymer banknote collector, a person who collects banknotes, paper money, paper currency or plastic notes. ...

It is believed that people have been collecting paper money for as long as it has been in use.^{[citation needed]} However, people started collecting paper money more systematically in the1940s but the turning point occurred in the 1970s, when notaphily was established as a separate area by collectors.^{[citation needed]} Paper Money is the second album by the band Montrose. ... This article or section does not cite any references or sources. ... The 1970s decade refers to the years from 1970 to 1979. ...

At the same time, some developed countries such as the USA, Germany and France began publishing their respective national catalogues of paper money, which represented major points of reference literature.

In 1961, The International Banknote Society (IBNS) was formed as an international association of banknote collectors. Nowadays it has thousands of members from around the world. The IBNS regularly publishes the IBNS Journal, the "Newsletter of the IBNS" and regular auctions, lectures and congresses.

The major contributor to this study has been Albert Pick who published some of the earliest catalogues of paper money and through them explained the objective of collecting paper money and the definition of it. Albert Pick is also the author of the capital part of the Standard Catalog of World Paper Money, which consists of thousands of pages of almost the entire collection of the world paper money that has ever existed and is constantly updated. Almost every note of every country and many special and regional issues are cataloged following a unique format for each entry: [Country Name]P[unique number for the banknote edition] Albert Pick (1919?-) wrote the first book on banknote collecting in 1974, and is widely credited with founding the modern face of Banknote collecting. ...

So, we have something like: Yugoslavia P-117.

A banknote from former Yugoslavia which is identified as Yugoslavia P-105

An important aspect of collecting banknotes is the condition of items. Banknotes that haven't been issued and circulated are rated as uncirculated (UNC) and that is the highest classification for a value that a banknote can have. In addition to that, the value for a specific note in the world paper money catalog is listed for UNC condition. yugoslavian banknote File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ...

Recently, third party grading company's (TPG) have started to offer the service of authentication, grading and cataloging of common varieties of paper currency. These TPG's typically use a seventy-point grading scale to describe the note. Additional notations may be made for exceptional paper quality or other varieties.

Following examination, TPG companies typically encapsulate the currency in what is commonly referred to as a "slab." Similar to the issues surrounding the transition that occurred within the coin collecting field many years ago, controversy exists about the need or value of TPG notes. Without having the ability to closely examine and feel the note due to it being sealed inside the slab, many collectors are not comfortable accepting the opinion of others as to the grade and may either elect not to purchase the note or to cut it out of the slab for examination. Additionally, many noted mistakes in grading by third party grading services have been discovered. However, for collectors less adept at grading, purchasing a note in a slab can provide some additional comfort for the owner in justifying the purchase and cost. It also serves to help protect the collector against unethical activities designed to increase the worth of the note by pressing out folds, washing, repairing tears, or other alterations typically viewed as unacceptable thereby lowering the value of the item.

People collect paper money by:

• Topic (wildlife, ships, famous people)
• Time Period (Series, date)
• Country (native or favourite)
• Serial Number
• Grade
• Varieties caused by major or minor design changes
• Replacement or star notes commonly used to replace errors discovered during the printing process.

See also

Numismatics Portal

• Numismatics
• Coin collecting
• Numismatic terminology

Image File history File linksMetadata Download high resolution version (910x910, 596 KB)Media:Example. ... Numismatics is the scientific study of currency and its history in all its varied forms. ... This article is about a hobby. ... This article is an attempt to combine and condense Numismatic and coin collecting terms into concise, informative explainations for the beginner or professional. ...

External links

• International Bank Note Society
• Atlantic Provinces Numismatic Association
• http://www.banknoteworld.com
• Notafilia.com.br
• Banknote Image Catalog by José María Creus
• First Ukrainian Banknotes
• Society of Paper Money Collectors
• Professional Currency Dealers Association
• Gallery describing who/what is featured on modern world banknotes