Origin of Coins and Numismatists
The hobby of coin collecting has presently taken an extraordinarily unique shape. Every day hundreds of new collectors are joining the numismatic community. The total numismatist population worldwide has quickly surpassed a few million. The experts are professional collectors, but it can be said with guarantee that a great section of the newcomers are entering the world merely as casual collectors of coins.
This article discusses interesting facts about coins and numismatology. The hobby of coin collection started with the minting of the first set of coins in Asia Minor nearly 650 BC, prior to which there were gold and silver ingots for legitimate use for the tenders. During those historical periods, businesses were based on a typical barter system, where in each transaction the goods were exchanged with the carefully weighed precious metal especially gold or silver, since coins were not yet in use.
Unscrupulous dealers tried to steal things by passing out a lower quantity of metals. Therefore there was a desperate need to bring about certain alterations in the socio-economic conditions, which consequently lead to form...
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