What is Numismatics?

At the most basic level numismatics is the studysolely of coins from a specific time frame.
and collection of coins, but the truth of theThere are typically three types of coin collectors.
matter is that it goes much further than that.The first group consists of collectors who simply
In Roman times, Caesar Augustus gave away oldlove the coins themselves and study the coins on
coins as Saturnalia gifts, while Julius Caesar wrotean amateur level. This category can cover people
the first book on coin collecting.who have a few folders of coins to people who
The practice of using poured and shaped metal ashave amassed large collections over the course
markers during trade is quite an ancient practiceof their lives.
and the history of coin collecting goes back toThe second group is made up of coin dealers,
ancient days.who are also called professional numismatists.
Though anyone who collects and studies currencyThey will grade and authenticate coins for
can be called a numismatist, modern numismaticscommercial purposes and in some cases, they can
is often limited to the study of coins that rangeact as consultants for professional historians or
from the middle of the 1600's up to the modernarchaeologists.
day. This is the period of machine struck coinsThe third category are scholar numismatists, and
and these are the coins that are often thought tothey will often work professionally at the practice,
be the most collectible.learning more about monetary systems, especially
There are many reasons why someone might bein the pre-modern period.
interested in numismatics, but the two broadWhen you are looking at getting started with
separations of the field lie between collectors andnumismatics, it can be very helpful to figure out
historians.where you want your collection to go.
While some aficionados are very fond of learningWhat is your historical interest in coins and do you
about the history of the coin and the situationshave an interest in a certain type of coin or coins
under which it was minted, a collector need onlyfrom a certain area of the world?
have a love for the coins themselves.Take some time and make sure that you
Modern numismatists will often use mint recordsconsider where your interests lie and to think
to find the relative rarity of their coins. Someabout what your ideal collection would be!
people focus their collections on different varietiesNumismatics is a hobby that can easily turn into
of coins, on mint made errors or even on thean avocation or profession, so take some time,
history of the coins themselves.and make sure that you learn more about what it
Some collections are made up solely of coinsis and what your interests might lay.
from a certain area, while others are made up