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Old World Coins

Numismatics is the scientific study ofcigarettes). The Kyrgyz people used horses as
currency and its history in all its variedthe principal currency unit and gave small
forms. While numismatists are oftenchange in lambskins. The lambskins may be
characterized as students or collectors ofsuitable for numismatic study, but the horse
coins, the discipline also includes a muchis not. Many objects have been used for
larger study of payment media used to resolvecenturies, such as conch shells, precious
debts and the exchange of goods. Lacking ametals  and  gems.
structured monetary system, people in the
past as well as some today lived in a barterToday, most transactions take place by a form
society and used locally found items ofof payment with either inherent, standardized
inherent or implied value. Early money usedor credit value. Numismatic value may be used
by primitive people is referred to as "Oddto refer to the value in excess of the
and Curious," but the use of other goods inmonetary value conferred by law. This is also
barter exchange is excluded, even where usedknown as the "collector's value.
as a circulating currency (e.g., prison



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