Coin collecting, or numismatics is a hobby as old as time. As a hobby, it has been around for more than 2,500 years. This is surprising since the use of coins has been around for pretty much that same amount of time too. Man has always had a fixation for small, round, shiny things. And throughout the ages, coin collectors have always been on the prowl for the oldest, rarest, most attractive coins around.
Numismatics comes from the Greek word nomisma, meaning currency, or coin. It is also related to the study of banknotes, tokens, and other early forms of money.
Coins and other forms of money are issued by governments and other monetary agencies. Billions of these flood the market yearly. But as time goes by, the number of these coins go down. Some get lost and some are damaged beyond recognition.
This goes to show that the older the coin, the rarer it must be. And for coin collectors, this is prime stuff.
Coin collectors and hobbyists number millions around the world. This hobby is taken so seriously that there are even professional dealers and investors who ply their trade in this fashion.
The lure of coins lies in its power to draw...
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