Portal:Numismatics

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The Numismatics Portal

stag
. Reverse: Square incuse punch

Numismatics is the study or collection of currency, including coins, tokens, paper money, medals and related objects.

Specialists, known as

goods
.

The earliest forms of money used by people are categorised by collectors as "odd and curious", but the use of other goods in barter exchange is excluded, even where used as a circulating

cocoa beans, large stones, and gems. (Full article...
)

This is a
featured article
, which represents some of the best content on English Wikipedia..

  • Image 1 The three-dollar piece was a gold coin produced by the United States Bureau of the Mint from 1854 to 1889. Authorized by the Act of February 21, 1853, the coin was designed by Mint Chief Engraver James B. Longacre. The obverse bears a representation of Lady Liberty wearing a headdress of a Native American princess and the reverse a wreath of corn, wheat, cotton, and tobacco. In 1851, Congress had authorized a silver three-cent piece so that postage stamps of that value could be purchased without using the widely disliked copper cents. Two years later, a bill was passed which authorized a three-dollar coin. By some accounts, the coin was created so larger quantities of stamps could be purchased. Longacre, in designing the piece, sought to make it as different as possible from the quarter eagle or $2.50 piece, striking it on a thinner planchet and using a distinctive design. (Full article...)
    copper cents. Two years later, a bill was passed which authorized a three-dollar coin. By some accounts, the coin was created so larger quantities of stamps could be purchased. Longacre, in designing the piece, sought to make it as different as possible from the quarter eagle or $2.50 piece, striking it on a thinner planchet and using a distinctive design. (Full article...
    )
  • Image 2 The Grant Memorial coinage are a gold dollar and silver half dollar struck by the United States Bureau of the Mint in 1922 in honor of the 100th anniversary of the birth of Ulysses S. Grant, a leading Union general during the American Civil War and later the 18th president of the United States. The two coins, identical in design and sculpted by Laura Gardin Fraser, portrayed Grant on the obverse and his birthplace in Ohio on the reverse. The Ulysses S. Grant Centenary Memorial Association, also called the Grant Commission, wanted to sell 200,000 gold dollars to be able to finance multiple projects in the areas of Grant's birthplace and boyhood home. Congress authorized only 10,000 gold coins, but also authorized 250,000 half dollars. Hoping to boost sales, the Grant Commission asked for 5,000 of the gold dollars to bear a special mark, an incuse star; the Mint did the same for the half dollars as well, unasked for. (Full article...)

    The Grant Memorial coinage are a gold dollar and silver half dollar struck by the United States Bureau of the Mint in 1922 in honor of the 100th anniversary of the birth of Ulysses S. Grant, a leading Union general during the American Civil War and later the 18th president of the United States. The two coins, identical in design and sculpted by Laura Gardin Fraser, portrayed Grant on the obverse and his birthplace in Ohio on the reverse.

    The Ulysses S. Grant Centenary Memorial Association, also called the Grant Commission, wanted to sell 200,000 gold dollars to be able to finance multiple projects in the areas of Grant's birthplace and boyhood home. Congress authorized only 10,000 gold coins, but also authorized 250,000 half dollars. Hoping to boost sales, the Grant Commission asked for 5,000 of the gold dollars to bear a special mark, an incuse star; the Mint did the same for the half dollars as well, unasked for. (Full article...)
  • Image 3 The Isabella quarter or Columbian Exposition quarter was a United States commemorative coin struck in 1893. Congress authorized the piece at the request of the Board of Lady Managers of the World's Columbian Exposition. The quarter depicts the Spanish queen Isabella I of Castile, who sponsored Columbus's voyages to the New World. It was designed by Bureau of the Mint Chief Engraver Charles E. Barber, and is the only U.S. commemorative of that denomination that was not intended for circulation. The Board of Lady Managers, headed by Chicago socialite Bertha Palmer, wanted a woman to design the coin and engaged Caroline Peddle, a sculptor. Peddle left the project after disagreements with Mint officials, who then decided to have Barber do the work. The reverse design, showing a kneeling woman spinning flax, with a distaff in her left hand and a spindle in her right, symbolizes women's industry and was based on a sketch by Assistant Engraver George T. Morgan. (Full article...)
    Board of Lady Managers of the World's Columbian Exposition. The quarter depicts the Spanish queen Isabella I of Castile, who sponsored Columbus's voyages to the New World. It was designed by Bureau of the Mint Chief Engraver Charles E. Barber, and is the only U.S. commemorative of that denomination that was not intended for circulation.

    The Board of Lady Managers, headed by Chicago socialite Bertha Palmer, wanted a woman to design the coin and engaged Caroline Peddle, a sculptor. Peddle left the project after disagreements with Mint officials, who then decided to have Barber do the work. The reverse design, showing a kneeling woman spinning flax, with a distaff in her left hand and a spindle in her right, symbolizes women's industry and was based on a sketch by Assistant Engraver George T. Morgan. (Full article...
    )
  • Image 4 The Eisenhower dollar, with the double date 1776–1976 The United States Bicentennial coinage is a set of circulating commemorative coins, consisting of a quarter, half dollar and dollar struck by the United States Mint in 1975 and 1976. Regardless of when struck, each coin bears the double date 1776–1976 on the normal obverses for the Washington quarter, Kennedy half dollar and Eisenhower dollar. No coins dated 1975 of any of the three denominations were minted. Given past abuses in the system, the Mint advocated against the issuance of commemorative coins starting in the 1950s. Beginning in 1971, members of Congress introduced bills to authorize coins to honor the United States Bicentennial, which would occur in 1976. The Mint, through its director, Mary Brooks, initially opposed such proposals, but later supported them, and Congress passed legislation requiring the temporary redesign of the reverse of the quarter, half dollar and dollar. (Full article...)
    commemorative coins starting in the 1950s. Beginning in 1971, members of Congress introduced bills to authorize coins to honor the United States Bicentennial, which would occur in 1976. The Mint, through its director, Mary Brooks, initially opposed such proposals, but later supported them, and Congress passed legislation requiring the temporary redesign of the reverse of the quarter, half dollar and dollar. (Full article...
    )
  • Image 5 The Flowing Hair dollar was the first dollar coin issued by the United States federal government. The coin was minted in 1794 and 1795; its size and weight were based on the Spanish dollar, which was popular in trade throughout the Americas. In 1791, following a study by Alexander Hamilton, Congress passed a joint resolution calling for the establishment of a national mint. Later that year, in his third State of the Union address, President George Washington urged Congress to provide for a mint, which was officially authorized by the Coinage Act of 1792. Despite the authorization, silver and gold coins were not struck until 1794. The Flowing Hair dollar, designed by Robert Scot, was initially produced in 1794, and again in 1795. In October 1795 the design was replaced by the Draped Bust dollar. (Full article...)
    State of the Union address, President George Washington urged Congress to provide for a mint, which was officially authorized by the Coinage Act of 1792. Despite the authorization, silver and gold coins were not struck until 1794. The Flowing Hair dollar, designed by Robert Scot, was initially produced in 1794, and again in 1795. In October 1795 the design was replaced by the Draped Bust dollar. (Full article...
    )
  • Image 6 The New Rochelle 250th Anniversary half dollar is a commemorative coin struck by the United States Bureau of the Mint to mark the 250th anniversary of the settling of New Rochelle in Westchester County, New York. Artist Gertrude K. Lathrop designed the piece; she was chosen after work by Lorrilard Wise was rejected by the federal Commission of Fine Arts (CFA). The coin depicts a fatted calf on one side, being led by John Pell, who sold the land on which New Rochelle now stands; the other shows a fleur de lis, an element of the city seal of New Rochelle and of France's La Rochelle, its eponym. The piece is dated 1938 but was minted the previous year. The New Rochelle piece was the last new-design commemorative struck by the Mint until 1946. Aware of the many commemorative issues being authorized by the U.S. Congress in the mid-1930s, members of the Westchester County Coin Club sought a half dollar for the New Rochelle anniversary. They gained the support of members of Congress, who secured the passage of legislation for the half dollar during 1936. After Wise's work was rejected, Lathrop was hired based on her work on the Albany Charter half dollar (1936). She decided to depict the "fatt calfe" which was to be presented annually to Pell if he asked for it, lest New Rochelle's land be forfeited back to him. The CFA approved her work, and the coins were struck at the Philadelphia Mint in 1937. (Full article...)
    U.S. Congress in the mid-1930s, members of the Westchester County Coin Club sought a half dollar for the New Rochelle anniversary. They gained the support of members of Congress, who secured the passage of legislation for the half dollar during 1936. After Wise's work was rejected, Lathrop was hired based on her work on the Albany Charter half dollar (1936). She decided to depict the "fatt calfe" which was to be presented annually to Pell if he asked for it, lest New Rochelle's land be forfeited back to him. The CFA approved her work, and the coins were struck at the Philadelphia Mint in 1937. (Full article...
    )
  • Image 7 The Flying Eagle cent is a one-cent piece struck by the Mint of the United States as a pattern coin in 1856 and for circulation in 1857 and 1858. The coin was designed by Mint Chief Engraver James B. Longacre, with the eagle in flight based on the work of Longacre's predecessor, Christian Gobrecht. By the early 1850s, the large cent (about the size of a half dollar) being issued by the Mint was becoming both unpopular in commerce and expensive to mint. After experimenting with various sizes and compositions, the Mint decided on an alloy of 88% copper and 12% nickel for a new, smaller cent. After the Mint produced patterns with an 1856 date and gave them to legislators and officials, Congress formally authorized the new piece in February 1857. (Full article...)
    large cent (about the size of a half dollar) being issued by the Mint was becoming both unpopular in commerce and expensive to mint. After experimenting with various sizes and compositions, the Mint decided on an alloy of 88% copper and 12% nickel for a new, smaller cent. After the Mint produced patterns with an 1856 date and gave them to legislators and officials, Congress formally authorized the new piece in February 1857. (Full article...
    )
  • Image 8 The Shield nickel was the first United States five-cent piece to be made out of copper-nickel, the same alloy of which American nickels are struck today. Designed by James B. Longacre, the coin was issued from 1866 until 1883, when it was replaced by the Liberty Head nickel. The coin takes its name from the motif on its obverse, and was the first five-cent coin referred to as a "nickel"—silver pieces of that denomination had been known as half dimes. Silver half dimes had been struck from the early days of the United States Mint in the late 18th century. Those disappeared from circulation, along with most other coins, in the economic turmoil of the Civil War. In 1864, the Mint successfully introduced low-denomination coins, whose intrinsic worth did not approach their face value. Industrialist Joseph Wharton advocated coins containing nickel—a metal in which he had significant financial interests. When the Mint proposed a copper-nickel five-cent piece, Congress required that the coin be heavier than the Mint had suggested, allowing Wharton to sell more of the metal to the government. (Full article...)
    copper-nickel, the same alloy of which American nickels are struck today. Designed by James B. Longacre, the coin was issued from 1866 until 1883, when it was replaced by the Liberty Head nickel. The coin takes its name from the motif on its obverse, and was the first five-cent coin referred to as a "nickel"—silver pieces of that denomination had been known as half dimes.

    Silver half dimes had been struck from the early days of the United States Mint in the late 18th century. Those disappeared from circulation, along with most other coins, in the economic turmoil of the Civil War. In 1864, the Mint successfully introduced low-denomination coins, whose intrinsic worth did not approach their face value. Industrialist Joseph Wharton advocated coins containing nickel—a metal in which he had significant financial interests. When the Mint proposed a copper-nickel five-cent piece, Congress required that the coin be heavier than the Mint had suggested, allowing Wharton to sell more of the metal to the government. (Full article...
    )
  • Image 9 The Morgan dollar is a United States dollar coin minted from 1878 to 1904, in 1921, and beginning again in 2021 as a collectible. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar. It contained 412.5 Troy grains of 90% pure silver (or 371.25 Troy grains = 24.057 g; 0.7734 ozt of pure silver). The coin is named after its designer, United States Mint Assistant Engraver George T. Morgan. The obverse depicts a profile portrait representing Liberty, modeled by Anna Willess Williams, while the reverse depicts an eagle with wings outstretched. The mint mark, if present, appears on the reverse above between D and O in "Dollar". The dollar was authorized by the Bland–Allison Act. Following the passage of the 1873 act, mining interests lobbied to restore free silver, which would require the Mint to accept all silver presented to it and return it, struck into coin. Instead, the Bland–Allison Act was passed, which required the Treasury to purchase between two and four million dollars' worth of silver at market value to be coined into dollars each month. In 1890, the Bland–Allison Act was repealed by the Sherman Silver Purchase Act, which required the Treasury to purchase 4,500,000 troy ounces (140,000 kg) of silver each month, but only required further silver dollar production for one year. This act, once again, was repealed in 1893. (Full article...)
    Liberty, modeled by Anna Willess Williams, while the reverse depicts an eagle with wings outstretched. The mint mark, if present, appears on the reverse above between D and O in "Dollar".

    The dollar was authorized by the Bland–Allison Act. Following the passage of the 1873 act, mining interests lobbied to restore free silver, which would require the Mint to accept all silver presented to it and return it, struck into coin. Instead, the Bland–Allison Act was passed, which required the Treasury to purchase between two and four million dollars' worth of silver at market value to be coined into dollars each month. In 1890, the Bland–Allison Act was repealed by the Sherman Silver Purchase Act, which required the Treasury to purchase 4,500,000 troy ounces (140,000 kg) of silver each month, but only required further silver dollar production for one year. This act, once again, was repealed in 1893. (Full article...
    )
  • Image 10 The Kennedy half dollar, first minted in 1964, is a fifty-cent coin issued by the United States Mint. Intended as a memorial to the assassinated 35th president of the United States John F. Kennedy, it was authorized by Congress just over a month after his death. Use of existing works by Mint sculptors Gilroy Roberts and Frank Gasparro allowed dies to be prepared quickly, and striking of the new coins began in January 1964. The silver coins were hoarded upon their release in March 1964 by collectors and those interested in a memento of the late president. Although the Mint greatly increased production, the denomination was seldom seen in circulation. Continued rises in the price of silver increased the hoarding—many early Kennedy half dollars have been melted for their silver content. Starting with 1965-dated coins, the percentage of fine silver was reduced from 90% to 40% (silver clad), but even with this change the coin saw little circulation. (Full article...)

    The Kennedy half dollar, first minted in 1964, is a fifty-cent coin issued by the United States Mint. Intended as a memorial to the assassinated 35th president of the United States John F. Kennedy, it was authorized by Congress just over a month after his death. Use of existing works by Mint sculptors Gilroy Roberts and Frank Gasparro allowed dies to be prepared quickly, and striking of the new coins began in January 1964.

    The silver coins were hoarded upon their release in March 1964 by collectors and those interested in a memento of the late president. Although the Mint greatly increased production, the denomination was seldom seen in circulation. Continued rises in the price of silver increased the hoarding—many early Kennedy half dollars have been melted for their silver content. Starting with 1965-dated coins, the percentage of fine silver was reduced from 90% to 40% (silver clad), but even with this change the coin saw little circulation. (Full article...)
  • Image 11 The Eisenhower dollar is a one-dollar coin issued by the United States Mint from 1971 to 1978; it was the first coin of that denomination issued by the Mint since the Peace dollar series ended in 1935. The coin depicts President Dwight D. Eisenhower on the obverse, and a stylized image honoring the 1969 Apollo 11 Moon mission on the reverse. Both sides were designed by Frank Gasparro, with the reverse based on the mission patch designed by astronaut Michael Collins. It is the only large-size U.S. dollar coin whose circulation strikes contained no silver. In 1965, because of rises in bullion prices, the Mint began to strike copper-nickel clad coins instead of silver. No dollar coins had been issued for thirty years, but, beginning in 1969, legislators sought to reintroduce a dollar coin into commerce. After Eisenhower died that March, there were a number of proposals to honor him with the new coin. While these bills generally commanded wide support, enactment was delayed by a dispute over whether the new dollar coin should be in base metal or 40% silver. In 1970, a compromise was reached to strike the Eisenhower dollar in base metal for circulation, and in 40% silver as a collectible. On December 31, 1970, President Richard Nixon, who had served as vice president under Eisenhower, signed legislation authorizing mintage of the new coin. (Full article...)

    The Eisenhower dollar is a one-dollar coin issued by the United States Mint from 1971 to 1978; it was the first coin of that denomination issued by the Mint since the Peace dollar series ended in 1935. The coin depicts President Dwight D. Eisenhower on the obverse, and a stylized image honoring the 1969 Apollo 11 Moon mission on the reverse. Both sides were designed by Frank Gasparro, with the reverse based on the mission patch designed by astronaut Michael Collins. It is the only large-size U.S. dollar coin whose circulation strikes contained no silver.

    In 1965, because of rises in bullion prices, the Mint began to strike copper-nickel clad coins instead of silver. No dollar coins had been issued for thirty years, but, beginning in 1969, legislators sought to reintroduce a dollar coin into commerce. After Eisenhower died that March, there were a number of proposals to honor him with the new coin. While these bills generally commanded wide support, enactment was delayed by a dispute over whether the new dollar coin should be in base metal or 40% silver. In 1970, a compromise was reached to strike the Eisenhower dollar in base metal for circulation, and in 40% silver as a collectible. On December 31, 1970, President Richard Nixon, who had served as vice president under Eisenhower, signed legislation authorizing mintage of the new coin. (Full article...)
  • Image 12 The McKinley Birthplace Memorial gold dollar was a commemorative coin struck by the United States Bureau of the Mint in 1916 and 1917, depicting the 25th President of the United States, William McKinley. The coin's obverse was designed by Charles E. Barber, Chief Engraver of the Mint, and the reverse by his assistant, George T. Morgan. As McKinley had appeared on a version of the 1903-dated Louisiana Purchase Exposition dollar, the 1916 release made him the first person to appear on two issues of U.S. coins. The coins were to be sold at a premium to finance the National McKinley Birthplace Memorial at Niles, Ohio, and were vended by the group constructing it. The issue was originally proposed as a silver dollar; this was changed when it was realized it would not be appropriate to honor a president who had supported the gold standard with such a piece. The coins were poorly promoted, and did not sell well. Despite an authorized mintage of 100,000, only about 30,000 were minted. Of these, 20,000 were sold, many of these at a reduced price to Texas coin dealer B. Max Mehl. The remaining 10,000 pieces were returned to the Mint for melting. (Full article...)
    Louisiana Purchase Exposition dollar, the 1916 release made him the first person to appear on two issues of U.S. coins.

    The coins were to be sold at a premium to finance the National McKinley Birthplace Memorial at Niles, Ohio, and were vended by the group constructing it. The issue was originally proposed as a silver dollar; this was changed when it was realized it would not be appropriate to honor a president who had supported the gold standard with such a piece. The coins were poorly promoted, and did not sell well. Despite an authorized mintage of 100,000, only about 30,000 were minted. Of these, 20,000 were sold, many of these at a reduced price to Texas coin dealer B. Max Mehl. The remaining 10,000 pieces were returned to the Mint for melting. (Full article...
    )
  • Image 13 The three-cent silver, also known as the three-cent piece in silver or trime, was struck by the Mint of the United States for circulation from 1851 to 1872, and as a proof coin in 1873. Designed by the Mint's chief engraver, James B. Longacre, it circulated well while other silver coinage was being hoarded and melted, but once that problem was addressed, became less used. It was abolished by Congress with the Coinage Act of 1873. After a massive importation of gold bullion during the California Gold Rush, silver could be traded for increasing amounts of gold, so U.S. silver coins were exported and melted for their metal. This, and the reduction of postage rates to three cents, prompted Congress in 1851 to authorize a coin of that denomination made of .750 fine silver, rather than the conventional .900. The three-cent silver was the first American coin to contain metal valued significantly less than its face value, and the first silver coin not to be legal tender for an unlimited amount. The coin saw heavy use until Congress acted again in 1853, making other silver coins lighter, which kept them in circulation. Congress also lightened the three-cent silver, and increased its fineness to 900 silver. (Full article...)
    California Gold Rush, silver could be traded for increasing amounts of gold, so U.S. silver coins were exported and melted for their metal. This, and the reduction of postage rates to three cents, prompted Congress in 1851 to authorize a coin of that denomination made of .750 fine silver, rather than the conventional .900. The three-cent silver was the first American coin to contain metal valued significantly less than its face value, and the first silver coin not to be legal tender for an unlimited amount. The coin saw heavy use until Congress acted again in 1853, making other silver coins lighter, which kept them in circulation. Congress also lightened the three-cent silver, and increased its fineness to 900 silver. (Full article...
    )
  • Image 14 The Bridgeport, Connecticut, Centennial half dollar (also the Bridgeport Centennial half dollar or Bridgeport half dollar) is a commemorative fifty-cent piece issued in 1936 by the United States Bureau of the Mint to honor the 100th anniversary of the incorporation of Bridgeport, Connecticut, as a city. Designed by Henry Kreis, the obverse depicts the showman P. T. Barnum, who was one of Bridgeport's most famous residents, was mayor of the city, helped develop it, and is buried there. The reverse depicts a stylized eagle. Bridgeport authorities wanted a commemorative coin to help fund the centennial celebrations. At the time, Congress was authorizing such coins for even local events, and the Bridgeport half dollar legislation passed Congress without opposition. Kreis had designed the Connecticut Tercentenary half dollar (1935), and he produced designs showing a left-facing Barnum and a modernistic eagle similar to the one on the Connecticut piece. (Full article...)
    United States Bureau of the Mint to honor the 100th anniversary of the incorporation of Bridgeport, Connecticut, as a city. Designed by Henry Kreis, the obverse depicts the showman P. T. Barnum, who was one of Bridgeport's most famous residents, was mayor of the city, helped develop it, and is buried there. The reverse depicts a stylized eagle.

    Bridgeport authorities wanted a commemorative coin to help fund the centennial celebrations. At the time, Congress was authorizing such coins for even local events, and the Bridgeport half dollar legislation passed Congress without opposition. Kreis had designed the Connecticut Tercentenary half dollar (1935), and he produced designs showing a left-facing Barnum and a modernistic eagle similar to the one on the Connecticut piece. (Full article...
    )
  • Image 15 Mehl c. 1950 Benjamin Maximillian Mehl (November 5, 1884 – September 28, 1957), usually known as B. Max Mehl, was an American dealer in coins, selling them for over half a century. The most prominent dealer in the United States, through much of the first half of the 20th century, he is credited with helping to expand the appeal of coin collecting from a hobby for the wealthy to one enjoyed by many. Mehl was born in Congress Poland, which was part of the Russian Empire. His family brought him to what is now Lithuania, and then to the United States, settling in Fort Worth, Texas, where he lived for almost all of his adult life. While still a teenager, he began to sell coins, which he had previously collected. Joining the American Numismatic Association (ANA) in 1903 at age 18, he quickly became a full-time coin dealer, and by 1910 was one of the most well-known in the country. (Full article...)

    Mehl c. 1950

    Benjamin Maximillian Mehl (November 5, 1884 – September 28, 1957), usually known as B. Max Mehl, was an American dealer in coins, selling them for over half a century. The most prominent dealer in the United States, through much of the first half of the 20th century, he is credited with helping to expand the appeal of coin collecting from a hobby for the wealthy to one enjoyed by many.

    Mehl was born in Congress Poland, which was part of the Russian Empire. His family brought him to what is now Lithuania, and then to the United States, settling in Fort Worth, Texas, where he lived for almost all of his adult life. While still a teenager, he began to sell coins, which he had previously collected. Joining the American Numismatic Association (ANA) in 1903 at age 18, he quickly became a full-time coin dealer, and by 1910 was one of the most well-known in the country. (Full article...)

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Hart's Arcade Civil War Store Card, 945A-1a

cents during the Civil War
.

Civil War tokens became illegal after the
United States Congress passed a law on April 22, 1864, prohibiting the issue of any one or two-cent coins, tokens or devices for use as currency. On June 8, 1864, an additional law was passed that forbade all private coinage. (Full article...)

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Credit: Richardfabi and Sniff

Medal depicting Pope Clement XI.

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Newfoundland 2 dollar coin
Reverse, Newfounland two dollars

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The

sterling coinage worth 12 of one pound. Its obverse features the profile of the current Monarch
since the coin's introduction in 1969. , five different royal portraits have been used.

there were an estimated 920 million 50p coins in circulation. The coin has proved popular with
coin collectors leading to numerous differing designs for both commemorative and circulating coins. (Full article...
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banknotes
.

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The following are images from various numismatics-related articles on Wikipedia.
  • Image 13 Rubles proof coin of Russia, minted in 2008 (from Coin)
    3 Rubles proof coin of Russia, minted in 2008 (from Coin)
  • Image 2A silver coin made during the reign of the Mughal Emperor Alamgir II (1754-1759) (from Coin)
    A
    Mughal Emperor Alamgir II (1754-1759) (from Coin
    )
  • Image 3Early punch-marked coins of Gandhara, Taxila-Gandhara region. (from Coin)
    Early punch-marked coins of Gandhara, Taxila-Gandhara region. (from Coin)
  • Image 4Coins can be stacked. (from Coin)
    Coins can be stacked. (from Coin)
  • Image 5The Achaemenid Empire Satraps and Dynasts in Asia Minor developed the usage of portraiture from c. 420 BC. Portrait of the Satrap of Lydia, Tissaphernes (c. 445–395 BC). (from Coin)
    The
    Asia Minor developed the usage of portraiture from c. 420 BC. Portrait of the Satrap of Lydia, Tissaphernes (c. 445–395 BC). (from Coin
    )
  • Image 6The sealing of the Bank of England Charter (1694). The bank began the first permanent issue of banknotes a year later. (from Banknote)
    The sealing of the Bank of England Charter (1694). The bank began the first permanent issue of banknotes a year later. (from Banknote)
  • Image 7The world's oldest coin, created in the ancient Kingdom of Lydia (from Currency)
    The world's oldest coin, created in the ancient Kingdom of Lydia (from Currency)
  • Image 8A 7th century one-third stater coin from Lydia, shown larger (from History of money)
    A 7th century one-third stater coin from Lydia, shown larger (from History of money)
  • Image 9100 USD banknote (from History of money)
    100 USD banknote (from History of money
    )
  • Image 10Marco Polo described the use of early banknotes in China to Medieval Europe in his book, The Travels of Marco Polo. (from Banknote)
    Medieval Europe in his book, The Travels of Marco Polo. (from Banknote
    )
  • Image 11Russian American Company-issued Alaskan parchment scrip (c. 1852) (from Banknote)
    Russian American Company-issued Alaskan parchment scrip (c. 1852) (from Banknote
    )
  • Image 12Spade money from the Zhou Dynasty, c. 650–400 BC (from History of money)
    Spade money from the
    Zhou Dynasty, c. 650–400 BC (from History of money
    )
  • Image 13Silver coin of the Maurya Empire, known as rūpyarūpa, with symbols of wheel and elephant. 3rd century BC (from History of money)
    Silver coin of the Maurya Empire, known as rūpyarūpa, with symbols of wheel and elephant. 3rd century BC (from History of money)
  • Image 14French 1992 twenty Franc Tri-Metallic coin (from Coin)
    French 1992 twenty Franc Tri-Metallic coin (from Coin)
  • Image 15When Brazil changed currencies in 1989, the 1000, 5000, and 10,000 cruzados banknotes were overstamped and issued as 1, 5, and 10 cruzados novos banknotes for several months before cruzado novo banknotes were printed and issued. Banknotes can be overstamped with new denominations, typically when a country converts to a new currency at an even, fixed exchange rate (in this case, 1000:1). (from Banknote)
    When Brazil changed currencies in 1989, the 1000, 5000, and 10,000 cruzados banknotes were overstamped and issued as 1, 5, and 10 cruzados novos banknotes for several months before cruzado novo banknotes were printed and issued. Banknotes can be overstamped with new denominations, typically when a country converts to a new currency at an even, fixed exchange rate (in this case, 1000:1). (from Banknote)
  • Image 16Chinese round coins, Eastern Zhou dynasty – Warring States Period, c. 300–220 BC. Four Hua (四化, 30mm, 6.94 g). Legend Yi Si Hua ([City of] Yi Four Hua). (from Coin)
    Chinese round coins,
    Warring States Period, c. 300–220 BC. Four Hua (四化, 30mm, 6.94 g). Legend Yi Si Hua ([City of] Yi Four Hua). (from Coin
    )
  • Image 17Gandharan "bent-bar" punch-marked coin minted under Achaemenid administration, of the type found in large quantities in the Chaman Hazouri and the Bhir Mound hoards. (from Coin)
    Gandharan "bent-bar" punch-marked coin minted under Achaemenid administration, of the type found in large quantities in the Chaman Hazouri and the Bhir Mound hoards. (from Coin)
  • Image 18Hoard of mostly Mauryan Empire coins, 3rd century BC (from Coin)
    Hoard of mostly
    Mauryan Empire coins, 3rd century BC (from Coin
    )
  • Image 19Song dynasty Jiaozi, the world's earliest paper money. (from Banknote)
    Song dynasty Jiaozi, the world's earliest paper money. (from Banknote)
  • Image 20An oxhide ingot from Crete. Late Bronze Age metal ingots were given standard shapes, such as the shape of an "ox-hide", suggesting that they represented standardized values. (from Coin)
    An
    Late Bronze Age metal ingots were given standard shapes, such as the shape of an "ox-hide", suggesting that they represented standardized values. (from Coin
    )
  • Image 21Banknotes with a face value of ten in the United States dollar, pound sterling as issued by the Bank of England, and euro. (from Banknote)
    Banknotes with a face value of ten in the United States dollar, pound sterling as issued by the Bank of England, and euro. (from Banknote)
  • Image 22Earliest banknote from China during the Song Dynasty which is known as "Jiaozi" (from History of money)
    Earliest banknote from China during the Song Dynasty which is known as "Jiaozi" (from History of money)
  • Image 23Cowry shells being used as money by an Arab trader (from Currency)
    Cowry shells being used as money by an Arab trader (from Currency)
  • Image 241884 United States trade dollar (from Coin)
    1884 United States trade dollar (from Coin)
  • Alexander the Great Tetradrachm from the Temnos Mint
    Alexander the Great Tetradrachm from the Temnos Mint, c. 188–170 BC (from Coin)
  • Image 26A $5 note issued by Citizens Bank of Louisiana in the 1850s. (from Banknote)
    A $5 note issued by Citizens Bank of Louisiana in the 1850s. (from Banknote)
  • Image 27A Swiss ten-cent coin from 1879, similar to the oldest coins still in official use today (from Coin)
    A Swiss ten-cent coin from 1879, similar to the oldest coins still in official use today (from Coin)
  • Image 28A 2000 Romanian lei polymer banknote (from Banknote)
    A 2000 Romanian lei polymer banknote (from Banknote)
  • Image 29A 5 euro note so badly damaged it has been torn in half. The note has later been repaired with tape. (from Banknote)
    A 5 euro note so badly damaged it has been torn in half. The note has later been repaired with tape. (from Banknote)
  • Image 30Five million mark coin (Weimar Republic, 1923). Despite its high denomination, this coin's monetary value dropped to a tiny fraction of a US cent by the end of 1923, substantially less than the value of its metallic content. (from Coin)
    Five million mark coin (
    monetary value dropped to a tiny fraction of a US cent by the end of 1923, substantially less than the value of its metallic content. (from Coin
    )
  • Image 31Collage for banknote design with annotations and additions to show proposed changes (figure rather higher so as to allow room for the No.), Bank of Manchester, UK, 1833. On display at the British Museum in London (from Banknote)
    Collage for banknote design with annotations and additions to show proposed changes (figure rather higher so as to allow room for the No.), Bank of Manchester, UK, 1833. On display at the British Museum in London (from Banknote)
  • Image 32Many currencies, such as the Indonesian rupiah, vary the sizes of their banknotes by denomination. This is done so that they may be told apart through touch alone. (from Banknote)
    Many currencies, such as the Indonesian rupiah, vary the sizes of their banknotes by denomination. This is done so that they may be told apart through touch alone. (from Banknote)
  • Image 33Athenian coin (c. 500/490–485 BC) discovered in the Shaikhan Dehri hoard in Pushkalavati, Ancient India. This coin is the earliest known example of its type to be found so far east. (from Coin)
    Athenian coin (c. 500/490–485 BC) discovered in the
    Ancient India. This coin is the earliest known example of its type to be found so far east. (from Coin
    )
  • Image 34Shredded and briquetted US dollar notes from the Federal Reserve Bank of New York (approx. 1000 pieces, 1 kg) (from Banknote)
    Shredded and briquetted
    US dollar notes from the Federal Reserve Bank of New York (approx. 1000 pieces, 1 kg) (from Banknote
    )
  • Image 35The French East India Company issued rupees in the name of Muhammad Shah (1719–1748) for Northern India trade. This was cast in Pondicherry. (from History of money)
    The
    Pondicherry. (from History of money
    )
  • Image 36Shredded and briquetted US dollar notes from the Federal Reserve Bank of New York (approx. 1000 pieces, 1 kg) (from Banknote)
    Shredded and briquetted US dollar notes from the Federal Reserve Bank of New York (approx. 1000 pieces, 1 kg) (from Banknote)
  • Image 37Shredded and briquetted euro banknotes from the Deutsche Bundesbank, Germany (approx. 1 kg) (from Banknote)
    Shredded and briquetted euro banknotes from the Deutsche Bundesbank, Germany (approx. 1 kg) (from Banknote)
  • Image 38Shreds of unfit US dollar notes with a typical size of less than 1.5 mm × 16 mm (from Banknote)
    Shreds of unfit
    US dollar notes with a typical size of less than 1.5 mm × 16 mm (from Banknote
    )
  • Image 39Silver stater of Aegina, 550–530 BC. Obv. Sea turtle with large pellets down centre. Rev. incuse square punch with eight sections. (from Coin)
    Silver stater of Aegina, 550–530 BC. Obv. Sea turtle with large pellets down centre. Rev. incuse square punch with eight sections. (from Coin)
  • Image 40A Yuan dynasty printing plate and banknote with Chinese words. (from Banknote)
    A Yuan dynasty printing plate and banknote with Chinese words. (from Banknote)
  • Image 41Name of currency units by country, in Portuguese (from Currency)
    Name of currency units by country, in Portuguese (from Currency)
  • Image 42Song dynasty Jiaozi, the world's earliest paper money (from Currency)
    Song dynasty Jiaozi, the world's earliest paper money (from Currency)
  • Image 43A siglos found in the Kabul valley, 5th century BC. Coins of this type were also found in the Bhir Mound hoard. (from Coin)
    A siglos found in the Kabul valley, 5th century BC. Coins of this type were also found in the Bhir Mound hoard. (from Coin)
  • Image 44Obverse and reverse of an old American $100 note (1928) (from Banknote)
    Obverse and reverse of an old American $100 note (1928) (from Banknote)
  • Image 45Bielefeld Germany 25 Mark 1921. Silk Banknote. (from Banknote)
    Bielefeld Germany 25 Mark 1921. Silk Banknote. (from Banknote)
  • Image 46Greek drachm of Aegina. Obverse: Land turtle. Reverse: ΑΙΓ(INA) and dolphin (from History of money)
    Greek
    drachm of Aegina. Obverse: Land turtle. Reverse: ΑΙΓ(INA) and dolphin (from History of money
    )
  • Image 47The taka was widely used across South Asia during the sultanate period. (from History of money)
    The taka was widely used across South Asia during the sultanate period. (from History of money)
  • Image 48The first paper money in Europe, issued by the Stockholms Banco in 1666. (from Banknote)
    The first paper money in Europe, issued by the Stockholms Banco in 1666. (from Banknote)
  • Image 49The earliest inscribed coinage: electrum coin of Phanes from Ephesus, 625–600 BC. Obverse: Stag grazing right, ΦΑΝΕΩΣ (retrograde). Reverse: Two incuse punches, each with raised intersecting lines. (from Coin)
    The earliest inscribed coinage:
    Stag grazing right, ΦΑΝΕΩΣ (retrograde). Reverse: Two incuse punches, each with raised intersecting lines. (from Coin
    )
  • Image 50An American Silver Eagle minted in 2019 (left), an example of a Bullion coin. Its obverse design is based on the older, formerly circulating silver Walking Liberty half dollar (right). (from Coin)
    An American Silver Eagle minted in 2019 (left), an example of a Bullion coin. Its obverse design is based on the older, formerly circulating silver Walking Liberty half dollar (right). (from Coin)
  • Poshumous Alexander the Great tetradrachm from
    Posthumous Alexander the Great tetradrachm from Temnos, Aeolis. Dated 188–170 BC. Obverse: Alexander the Great as Herakles facing right wearing the nemean lionskin. Reverse: Zeus seated on throne to the left holding eagle in right hand and scepter in left; in left field PA monogram and angular sigma above grape vine arching over oinochoe; ALEXANDROU vertical in right field. Reference: Price 1678. (from Coin)
  • Image 52The Piloncitos are tiny engraved gold coins found in the Philippines, along with barter rings, which are gold ring-like ingots. These barter rings are bigger than softballs in size and are made of pure gold from the Archaic period (c. 10th to 16th century). (from Coin)
    The Piloncitos are tiny engraved gold coins found in the Philippines, along with barter rings, which are gold ring-like ingots. These barter rings are bigger than softballs in size and are made of pure gold from the Archaic period (c. 10th to 16th century). (from Coin)
  • Image 53Coin of Alyattes of Lydia, c. 620/10–564/53 BC (from Coin)
    Coin of Alyattes of Lydia, c. 620/10–564/53 BC (from Coin)
  • Punch-marked coin minted in the Kabul Valley under Achaemenid administration. Circa 500–380 BCE, or c.350 BCE.
    Punch-marked coin minted in the Kabul Valley under Achaemenid administration, c. 500–380 BC, or c. 350 BC. (from Coin)
  • Image 55Bimetallic Egyptian one pound coin featuring King Tutankhamen (from Coin)
    Bimetallic Egyptian one pound coin featuring King Tutankhamen (from Coin)
  • Image 56Fifty-five-dollar bill in Continental currency; leaf design by Benjamin Franklin, 1779 (from Banknote)
    Fifty-five-dollar bill in
    Continental currency; leaf design by Benjamin Franklin, 1779 (from Banknote
    )
  • Image 57Holographic coin from Liberia features the Statue of Liberty (Liberty Enlightening the World) (from Coin)
    Holographic coin from Liberia features the Statue of Liberty (Liberty Enlightening the World) (from Coin)
  • Image 58Fed Shreds as souvenir from the Federal Reserve Bank of San Francisco (from Banknote)
    Fed Shreds as souvenir from the Federal Reserve Bank of San Francisco (from Banknote)

Numismatic terminology

  • Bullion – Precious metals (platinum, gold and silver) in the form of bars, ingots or plate.
  • Error – Usually a mis-made coin not intended for circulation, but can also refer to an engraving or die-cutting error not discovered until the coins are released to circulation. This may result is two or more varieties of the coin in the same year.
  • Exonumia – The study of coin-like objects such as token coins and medals, and other items used in place of legal currency or for commemoration.
  • Fineness – Purity of precious metal content expressed in terms of one thousand parts. 90% is expressed as .900 fine.
  • banknotes
    .
  • Scripophily – The study and collection of stocks and Bonds.
More terminology

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Economics:

Monetary union - Reserve currency - Stocks



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Most traded currencies

Most traded currencies by value
Currency distribution of global foreign exchange market turnover[1]
Rank Currency ISO 4217
code
Symbol or
abbreviation
Proportion of daily volume Change
(2019–2022)
April 2019 April 2022
1 U.S. dollar USD US$ 88.3% 88.5% Increase 0.2pp
2 Euro EUR 32.3% 30.5% Decrease 1.8pp
3 Japanese yen JPY ¥ / 16.8% 16.7% Decrease 0.1pp
4 Sterling GBP £ 12.8% 12.9% Increase 0.1pp
5 Renminbi CNY ¥ / 4.3% 7.0% Increase 2.7pp
6 Australian dollar AUD A$ 6.8% 6.4% Decrease 0.4pp
7 Canadian dollar CAD C$ 5.0% 6.2% Increase 1.2pp
8 Swiss franc CHF CHF 4.9% 5.2% Increase 0.3pp
9 Hong Kong dollar HKD HK$ 3.5% 2.6% Decrease 0.9pp
10 Singapore dollar SGD S$ 1.8% 2.4% Increase 0.6pp
11 Swedish krona SEK kr 2.0% 2.2% Increase 0.2pp
12 South Korean won KRW ₩ / 2.0% 1.9% Decrease 0.1pp
13 Norwegian krone NOK kr 1.8% 1.7% Decrease 0.1pp
14 New Zealand dollar NZD NZ$ 2.1% 1.7% Decrease 0.4pp
15 Indian rupee INR 1.7% 1.6% Decrease 0.1pp
16 Mexican peso MXN MX$ 1.7% 1.5% Decrease 0.2pp
17 New Taiwan dollar TWD NT$ 0.9% 1.1% Increase 0.2pp
18 South African rand ZAR R 1.1% 1.0% Decrease 0.1pp
19 Brazilian real BRL R$ 1.1% 0.9% Decrease 0.2pp
20 Danish krone DKK kr 0.6% 0.7% Increase 0.1pp
21 Polish złoty PLN 0.6% 0.7% Increase 0.1pp
22 Thai baht THB ฿ 0.5% 0.4% Decrease 0.1pp
23 Israeli new shekel ILS 0.3% 0.4% Increase 0.1pp
24 Indonesian rupiah IDR Rp 0.4% 0.4% Steady
25 Czech koruna CZK 0.4% 0.4% Steady
26 UAE dirham AED د.إ 0.2% 0.4% Increase 0.2pp
27 Turkish lira TRY 1.1% 0.4% Decrease 0.7pp
28 Hungarian forint HUF Ft 0.4% 0.3% Decrease 0.1pp
29 Chilean peso CLP CLP$ 0.3% 0.3% Steady
30 Saudi riyal SAR 0.2% 0.2% Steady
31 Philippine peso PHP 0.3% 0.2% Decrease 0.1pp
32 Malaysian ringgit MYR RM 0.2% 0.2% Steady
33 Colombian peso COP COL$ 0.2% 0.2% Steady
34 Russian ruble RUB 1.1% 0.2% Decrease 0.9pp
35 Romanian leu RON L 0.1% 0.1% Steady
36 Peruvian sol PEN S/ 0.1% 0.1% Steady
37 Bahraini dinar BHD .د.ب 0.0% 0.0% Steady
38 Bulgarian lev BGN BGN 0.0% 0.0% Steady
39 Argentine peso ARS ARG$ 0.1% 0.0% Decrease 0.1pp
Other 1.8% 2.3% Increase 0.5pp
Total[a] 200.0% 200.0%

Associated Wikimedia

The following Wikimedia Foundation sister projects provide more on this subject:

Sources

  1. ^ "Triennial Central Bank Survey Foreign exchange turnover in April 2022" (PDF). Bank for International Settlements. 27 October 2022. p. 12. Archived (PDF) from the original on 2022-10-27. Retrieved 2022-10-29.
  1. ^ The total sum is 200% because each currency trade is counted twice: once for the currency being bought and once for the one being sold. The percentages above represent the proportion of all trades involving a given currency, regardless of which side of the transaction it is on. For example, the US dollar is bought or sold in 88% of all currency trades, while the euro is bought or sold in 31% of all trades.
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