Portal:Numismatics
The Numismatics Portal
Numismatics is the study or collection of currency, including coins, tokens, paper money, medals, and related objects. Experts of this study, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includes the broader study of money and other means of payment used to resolve debts and exchange 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 currency (e.g., cigarettes or instant noodles in prison). As an example, the Kyrgyz people used horses as the principal currency unit, and gave small change in lambskins; the lambskins may be suitable for numismatic study, but the horses are not.[dubious – discuss] Many objects have been used for centuries, such as cowry shells, precious metals, cocoa beans, large stones, and gems. (Full article...)
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The Columbian half dollar is a coin issued by the Bureau of the Mint in 1892 and 1893. The first traditional United States commemorative coin, it was issued both to raise funds for the 1893 World's Columbian Exposition and to mark the quadricentennial of the first voyage to the Americas of Christopher Columbus, whose portrait it bears. The Columbian half dollar was the first American coin to depict a historical person.
The coin stems from the desire of the Columbian Exposition's organizers to gain federal money to complete construction of the fair. Congress granted an appropriation, and allowed it to be in the form of commemorative half dollars, which legislators and organizers believed could be sold at a premium. Fair official James Ellsworth wanted the new coin to be based on a 16th-century painting he owned by Lorenzo Lotto, reputedly of Columbus, and pushed for this through the design process. When initial sketches by Mint Chief Engraver Charles E. Barber proved unsatisfactory, fair organizers turned to a design by artist Olin Levi Warner, which after modification by Barber and his assistant, George T. Morgan, was struck by the Mint. (Full article...)
The Albany Charter half dollar, also known as the Albany-Dongan half dollar or Albany half dollar, is a commemorative half dollar struck by the United States Bureau of the Mint in 1936. It was designed by sculptor Gertrude K. Lathrop, who lived in Albany, New York's state capital.
In 1936, Congress approved many commemorative coins for issuance, including some of mostly local significance. These included the Albany piece, wanted by city officials to mark the 250th anniversary of the 1686 grant of its municipal charter by Thomas Dongan, governor of colonial New York. The authorizing bill passed through Congress without opposition, though amendments added protections for coin collectors against abuses seen in earlier commemorative issues. Lathrop's designs have generally been praised: she placed a beaver on one side of the coin, modeled from life (one appears on Albany's city seal) and depicted the persons involved in the grant of the charter on the other. After approval of the designs by the Commission of Fine Arts, the Philadelphia Mint coined 25,013 Albany half dollars in October 1936, including 13 pieces for testing by the Assay Commission. (Full article...)
The Barber coinage consists of a dime, quarter, and half dollar designed by United States Bureau of the Mint Chief Engraver Charles E. Barber. They were minted between 1892 and 1916, though no half dollars were struck in the final year of the series.
By the late 1880s, there were increasing calls for the replacement of the Seated Liberty design, used since the 1830s on most denominations of silver coins. In 1891, Mint Director Edward O. Leech, having been authorized by Congress to approve coin redesigns, ordered a competition, seeking a new look for the silver coins. As only the winner would receive a cash prize, invited artists refused to participate and no entry from the public proved suitable. Leech instructed Barber to prepare new designs for the dime, quarter, and half dollar, and after the chief engraver made changes to secure Leech's endorsement, they were approved by President Benjamin Harrison in November 1891. Striking of the new coins began the following January. (Full article...)
The 1804 dollar or Bowed Liberty Dollar was a dollar coin struck by the United States Mint, of which sixteen specimens are currently known to exist. Though dated 1804, none were struck in that year; all were minted in the 1830s or later. They were first created for use in special proof coin sets used as diplomatic gifts during Edmund Roberts' trips to Siam and Muscat.
Edmund Roberts distributed the coins in 1834 and 1835. Two additional sets were ordered for government officials in Japan and Cochinchina, but Roberts died in Macau before they could be delivered. Besides those 1804 dollars produced for inclusion in the diplomatic sets, the Mint struck some examples which were used to trade with collectors for pieces desired for the Mint's coin cabinet. Numismatists first became aware of the 1804 dollar in 1842, when an illustration of one example appeared in a publication authored by two Mint employees. A collector subsequently acquired one example from the Mint in 1843. In response to numismatic demand, several examples were surreptitiously produced by Mint officials. Unlike the original coins, these later restrikes lacked the correct edge lettering, although later examples released from the Mint bore the correct lettering. The coins produced for the diplomatic mission, those struck surreptitiously without edge lettering and those with lettering are known collectively as "Class I", "Class II" and "Class III" dollars, respectively. (Full article...)
The Vermont Sesquicentennial half dollar, sometimes called the Bennington–Vermont half dollar or the Battle of Bennington Sesquicentennial half dollar, is a commemorative fifty-cent piece struck by the United States Bureau of the Mint in 1927. The coin was designed by Charles Keck, and on its obverse depicts early Vermont leader Ira Allen, brother of Ethan Allen.
On January 9, 1925, Vermont Senator Frank Greene introduced legislation for commemorative coins to mark the 150th anniversary of Vermont declaring itself fully independent in 1777 and of the American victory at the Battle of Bennington the same year. His bill passed the Senate without difficulty, but in the House of Representatives faced an array of problems. Treasury Secretary Andrew W. Mellon sent a letter opposing the bill and dispatched three Treasury officials to testify against it, arguing that the public was being confused as special coin issues entered circulation. The committee's resolve to have no more commemorative coins—after this one—did not impress the full House, which added two more half dollars to the legislation to mark other anniversaries. The Senate agreed to the changes, and President Calvin Coolidge signed the authorizing act on February 24, 1925. (Full article...)
Joseph Farran Zerbe (April 16, 1871 – December 25, 1949) was an American coin collector and dealer who was the president of the American Numismatic Association (ANA) in 1908 and 1909. He served as chief numismatist (person responsible for selling government coins) at the World's Fairs in St. Louis (1904), Portland (1905), and San Francisco (1915).
Zerbe was born in Tyrone, Pennsylvania, in 1871, and became interested in coins as a child. By the time he was 20, he was running a corner store in Tyrone, alongside involvement in other businesses. He joined the ANA in 1900, and thereafter made his living from coins. Accumulating a major collection of numismatic items, he exhibited them at the fairs and at local banks throughout the U.S. for over 20 years beginning in 1907. The high prices he charged for the commemorative coins issued by the U.S. Mint for the World's Fairs, as well as the fact that some of the coins sank in value after the fairs closed, earned him a reputation among some numismatists as a huckster. (Full article...)
The Liberty Head double eagle or Coronet double eagle is an American twenty-dollar gold piece struck as a pattern coin in 1849, and for commerce from 1850 to 1907. It was designed by Mint of the United States Chief Engraver James B. Longacre.
The largest denomination of United States coin authorized by the Mint Act of 1792 was the eagle, or ten-dollar piece. The large amount of bullion being brought east after the discovery of gold in California in the 1840s caused Congress to consider new denominations of gold coinage. The gold dollar and double eagle were the result. After considerable infighting at the Philadelphia Mint, Chief Engraver James B. Longacre designed the double eagle, and it began to be issued for commerce in 1850. Only one 1849 double eagle is known to survive and it rests in the National Numismatic Collection at the Smithsonian. (Full article...)
The Lewis and Clark Exposition Gold dollar is a commemorative coin that was struck in 1904 and 1905 as part of the United States government's participation in the Lewis and Clark Centennial Exposition, held in the latter year in Portland, Oregon. Designed by United States Bureau of the Mint Chief Engraver Charles E. Barber, the coin did not sell well and less than a tenth of the authorized mintage of 250,000 was issued.
The Lewis and Clark Expedition, the first European-American overland exploring party to reach the Pacific Coast, was led by Meriwether Lewis and William Clark, following the Louisiana Purchase of 1803. Between 1804 and 1806, its members journeyed from St. Louis to the Oregon coast and back, providing information and dispelling myths about the large area acquired by the United States in the Purchase. The Portland fair commemorated the centennial of that trip. (Full article...)
The Turban Head eagle, also known as the Capped Bust eagle, was a ten-dollar gold piece, or eagle, struck by the United States Mint from 1795 to 1804. The piece was designed by Robert Scot, and was the first in the eagle series, which continued until the Mint ceased striking gold coins for circulation in 1933. The common name is a misnomer; Liberty does not wear a turban but a cap, believed by some to be a pileus or Phrygian cap (Liberty cap): her hair twisting around the headgear makes it resemble a turban.
The eagle was the largest denomination authorized by the Mint Act of 1792, which established the Bureau of the Mint. It was not struck until 1795, as the Mint at first struck copper and silver coins. The number of stars on the obverse was initially intended to be equal to the number of states in the Union, but with the number at 16, that idea was abandoned in favor of using 13 stars in honor of the original states. The initial reverse, featuring an eagle with a wreath in its mouth, proved unpopular and was replaced by a heraldic eagle. (Full article...)
The Wisconsin Territorial Centennial half dollar is a commemorative half dollar designed by David Parsons and Benjamin Hawkins and minted by the United States Bureau of the Mint in 1936. The obverse depicts a pick axe and lead ore, referring to the lead mining in early Wisconsin, while the reverse depicts a badger and the territorial seal.
Organizers of the territorial centennial celebration sought a commemorative half dollar as a fundraiser; at this time newly issued commemorative coins found a ready market from collectors and speculators. Accordingly, legislation was introduced by Senator Robert M. La Follette Jr., which, though it was amended, passed Congress without opposition. When initial designs by Parsons were rejected by the Commission of Fine Arts, Hawkins was hired, and he executed the designs, though Parsons was also given credit. (Full article...)
The United States Sesquicentennial coin issue consisted of a commemorative half dollar and quarter eagle (gold $2.50 piece) struck in 1926 at the Philadelphia Mint for the 150th anniversary of American independence. The obverse of the half dollar features portraits of the first president, George Washington, and the president in 1926, Calvin Coolidge, making it the first American coin to depict a president in his lifetime.
By the March 1925 Act of Congress, by which the National Sesquicentennial Exhibition Commission was chartered, Congress also allowed it to purchase 1,000,000 specially designed half dollars and 200,000 quarter eagles, which could be sold to the public at a premium. The Commission had trouble agreeing on a design with Mint Chief Engraver John R. Sinnock, and asked Philadelphia attorney, arts patron and numismatist John Frederick Lewis (1860–1932) to submit sketches. These were adapted by Sinnock, without giving credit to Lewis, whose involvement would not be generally known for forty years. (Full article...)
The Stone Mountain Memorial half dollar was an American fifty-cent piece struck in 1925 at the Philadelphia Mint. Its main purpose was to raise money on behalf of the Stone Mountain Confederate Monumental Association for the Stone Mountain Memorial near Atlanta, Georgia. Designed by sculptor Gutzon Borglum, the coin features a depiction of Confederate generals Robert E. Lee and Stonewall Jackson on the obverse and the caption: "Memorial to the Valor of the Soldier of the South" on the reverse. The piece was also originally intended to be in memory of the recently deceased president, Warren G. Harding, but no mention of him appears on the coin.
In the early 20th century, proposals were made to carve a large sculpture in memory of General Lee on Stone Mountain, a huge rock outcropping. The owners of Stone Mountain agreed to transfer title on condition the work was completed within 12 years. Borglum, who was, like others involved, a Ku Klux Klan member, was engaged to design the memorial, and proposed expanding it to include a colossal monument depicting Confederate warriors, with Lee, Jackson, and Confederate President Jefferson Davis leading them. (Full article...)
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...)
The Hawaii Sesquicentennial half dollar was struck in 1928 by the United States Bureau of the Mint in honor of the 150th anniversary of Captain James Cook's landing in Hawaii, the first European to reach there. The coin depicts Captain Cook on the obverse and a Hawaiian chieftain on the reverse. Only 10,000 were struck for the public, making the coin rare and valuable.
In 1927, the legislature of the Territory of Hawaii passed a resolution calling on the U.S. government to produce a commemorative coin for the 150th anniversary of Cook's arrival in Hawaii. Treasury Secretary Andrew Mellon thought the occasion important enough that, unusually for him, he did not oppose such an issue. The bill for the Hawaii half dollar passed through Congress without opposition or amendment, and became the Act of March 7, 1928 with the signature of President Calvin Coolidge. (Full article...)
The Long Island Tercentenary half dollar was a commemorative half dollar struck by the United States Bureau of the Mint in 1936. The obverse depicts a male Dutch settler and an Algonquian tribesman, and the reverse shows a Dutch sailing ship. It was designed by Howard Weinman, the son of Mercury dime designer Adolph A. Weinman.
The Long Island Tercentenary Committee wanted a coin to mark the 300th anniversary of the first European settlement there, at modern Flatlands, Brooklyn, New York City. The authorizing bill passed through Congress without opposition. Still, it was amended in the Senate to add protections against past commemorative coin abuses, such as low mintages or an assortment of varieties. On April 13, 1936, the bill became law with the signature of President Franklin D. Roosevelt. (Full article...)
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A mint is an industrial facility which manufactures coins that can be used as currency.
The history of mints correlates closely with the history of coins. In the beginning, hammered coinage or cast coinage were the chief means of coin minting, with resulting production runs numbering as little as the hundreds or thousands. In modern mints, coin dies are manufactured in large numbers and planchets are made into milled coins by the billions. (Full article...)
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Did you know...
- ...that with its two-dollar coin (reverse pictured), Newfoundland was the only British colony to issue circulating gold coinage?
- ...that Mount Burgess is nicknamed the Ten Dollar Mountain because it was featured on Canadian currency?
- ...that the American Buffalo gold bullion coin was the first .9999 fine 24-carat gold coin released by the United States Mint?
- ...that the Alabama centennial half dollar was the first commemorative coin minted with the image of a living individual?
- ...that Aksumite currency was the only native coinage to be issued in Africa without direct influence by an outside culture like Roman, Greek, etc...?
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The groat is the traditional name of a defunct English and Irish silver coin worth four pence, and also a Scottish coin which was originally worth fourpence, with later issues being valued at eightpence and one shilling. (Full article...)
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A 1000 Swiss franc note, the fourth highest non-commemorative banknote in the world.
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The following are images from various numismatics-related articles on Wikipedia.
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)
The 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)
Egyptian gold stater of Nectanebo II: reverse with hieroglyphs nfr-nb, minted in Egypt around 360 BCE. (from Currency)
Name of currency units by country, in Portuguese (from Currency)
Shredded and briquetted US dollar notes from the Federal Reserve Bank of New York (approx. 1000 pieces, 1 kg) (from Banknote)
100 USD banknote (from History of money)
Shredded and briquetted euro banknotes from the Deutsche Bundesbank, Germany (approx. 1 kg) (from Banknote)
Song dynasty Jiaozi, the world's earliest paper money (from Currency)
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)
Athenian coin (c. 500/490–485 BC) discovered in the Shaikhan Dehri hoard in Pushkalavati, Pakistan. This coin is the earliest known example of its type to be found so far east. (from Coin)
An 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)
Alexander the Great Tetradrachm from the Temnos Mint, c. 188–170 BC (from Coin)
A $5 note issued by Citizens Bank of Louisiana in the 1850s. (from Banknote)
Silver stater of Aegina, 550–530 BC. Obverse: sea turtle with large pellets down centre. Reverse: incuse square punch with eight sections. (from Coin)
Greek drachm of Aegina. Obverse: Land turtle. Reverse: ΑΙΓ(INA) and dolphin (from History of money)
Timeline of monetary history (from History of money)
Punch-marked coin minted in the Kabul Valley under Achaemenid administration, c. 500–380 BC, or c. 350 BC. (from Coin)
French 1992 twenty Franc Tri-Metallic coin (from
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