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The Numismatics Portal

Electrum coin from Ephesus, 520-500 BCE. Obverse: Forepart of 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 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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  • Image 1 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...)

    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...)
  • Image 2 The Old Spanish Trail half dollar is a commemorative coin struck by the United States Bureau of the Mint in 1935. The coin was designed by L. W. Hoffecker, a coin dealer, who also was in charge of its distribution. In 1930, President Herbert Hoover vetoed the Gadsden Purchase half dollar bill. Hoffecker had been the moving force behind that effort, and he sought another commemorative coin proposal that he could control if authorizing legislation was passed. He chose the travels of Spanish officer Álvar Núñez Cabeza de Vaca in the early 16th century. Hoffecker took liberties both with the timing of Cabeza de Vaca's travels and their location. For instance, although Hoffecker's hometown of El Paso, Texas, is featured on the coin, Cabeza de Vaca came nowhere near it. All this made little difference to Congress, which passed the Old Spanish Trail coin bill without opposition. It was signed into law by President Franklin D. Roosevelt. (Full article...)

    The Old Spanish Trail half dollar is a commemorative coin struck by the United States Bureau of the Mint in 1935. The coin was designed by L. W. Hoffecker, a coin dealer, who also was in charge of its distribution.

    In 1930, President Herbert Hoover vetoed the Gadsden Purchase half dollar bill. Hoffecker had been the moving force behind that effort, and he sought another commemorative coin proposal that he could control if authorizing legislation was passed. He chose the travels of Spanish officer Álvar Núñez Cabeza de Vaca in the early 16th century. Hoffecker took liberties both with the timing of Cabeza de Vaca's travels and their location. For instance, although Hoffecker's hometown of El Paso, Texas, is featured on the coin, Cabeza de Vaca came nowhere near it. All this made little difference to Congress, which passed the Old Spanish Trail coin bill without opposition. It was signed into law by President Franklin D. Roosevelt. (Full article...)
  • Image 3 The Waterloo Medal was designed by Italian-born sculptor Benedetto Pistrucci. He worked on it from 1819 to 1849, when the completed matrices were presented to Britain's Royal Mint. The medal was commissioned by the British Government in 1819 on the instructions of the Prince Regent (later George IV); copies were to be presented to the generals who had been victorious in the 1815 Battle of Waterloo, and to the leaders of Britain's allies. As most of the intended recipients had died by 1849, and relations with France had improved, the medals were never struck, though modern-day editions have been made for sale to collectors. In 1816, the Prince Regent had first suggested a medal to be presented to allies and commanders from Waterloo. The Royal Academy proposed work by John Flaxman, one of its members, but Pistrucci, whose responsibility it was to engrave the dies, refused to copy another's work, and brought forth designs of his own. The Prince Regent and William Wellesley-Pole, Master of the Mint were impressed by Pistrucci's models, and he gained the commission. (Full article...)

    The Waterloo Medal was designed by Italian-born sculptor Benedetto Pistrucci. He worked on it from 1819 to 1849, when the completed matrices were presented to Britain's Royal Mint. The medal was commissioned by the British Government in 1819 on the instructions of the Prince Regent (later George IV); copies were to be presented to the generals who had been victorious in the 1815 Battle of Waterloo, and to the leaders of Britain's allies. As most of the intended recipients had died by 1849, and relations with France had improved, the medals were never struck, though modern-day editions have been made for sale to collectors.

    In 1816, the Prince Regent had first suggested a medal to be presented to allies and commanders from Waterloo. The Royal Academy proposed work by John Flaxman, one of its members, but Pistrucci, whose responsibility it was to engrave the dies, refused to copy another's work, and brought forth designs of his own. The Prince Regent and William Wellesley-Pole, Master of the Mint were impressed by Pistrucci's models, and he gained the commission. (Full article...)
  • Image 4 The Gobrecht dollar, minted from 1836 to 1839, was the first silver dollar struck for circulation by the United States Mint after production of that denomination had been halted in 1806 (the last previous silver dollars were struck in 1804 but dated 1803). The coin was struck in small numbers to determine whether the reintroduced silver dollar would be well received by the public. In 1835, Director of the United States Mint Samuel Moore resigned his post, and Robert M. Patterson assumed the position. Shortly after, Patterson began an attempt to redesign the nation's coinage. After Mint Chief Engraver William Kneass suffered a stroke later that year, Christian Gobrecht was hired as an engraver. On August 1, Patterson wrote a letter to Philadelphia artist Thomas Sully laying out his plans for the dollar coin. He also asked Titian Peale to create a design for the coin. Sully created an obverse design depicting a seated representation of Liberty and Peale a reverse depicting a soaring bald eagle, which were adapted into coin designs by Gobrecht. After the designs were created and trials struck, production of the working dies began in September 1836. (Full article...)

    The Gobrecht dollar, minted from 1836 to 1839, was the first silver dollar struck for circulation by the United States Mint after production of that denomination had been halted in 1806 (the last previous silver dollars were struck in 1804 but dated 1803). The coin was struck in small numbers to determine whether the reintroduced silver dollar would be well received by the public.

    In 1835, Director of the United States Mint Samuel Moore resigned his post, and Robert M. Patterson assumed the position. Shortly after, Patterson began an attempt to redesign the nation's coinage. After Mint Chief Engraver William Kneass suffered a stroke later that year, Christian Gobrecht was hired as an engraver. On August 1, Patterson wrote a letter to Philadelphia artist Thomas Sully laying out his plans for the dollar coin. He also asked Titian Peale to create a design for the coin. Sully created an obverse design depicting a seated representation of Liberty and Peale a reverse depicting a soaring bald eagle, which were adapted into coin designs by Gobrecht. After the designs were created and trials struck, production of the working dies began in September 1836. (Full article...)
  • Image 5 The Peace dollar is a United States dollar coin minted for circulation from 1921 to 1928 and 1934 to 1935, and beginning again for collectors in 2021. Designed by Anthony de Francisci, the coin was the result of a competition to find designs emblematic of peace. Its obverse represents the head and neck of the Goddess of Liberty in profile, and the reverse depicts a bald eagle at rest clutching an olive branch, with the legend "Peace". It was the last United States dollar coin to be struck for circulation in silver. With the passage of the Pittman Act in 1918, the United States Mint was required to strike millions of silver dollars, and began to do so in 1921, using the Morgan dollar design. Numismatists began to lobby the Mint to issue a coin that memorialized the peace following World War I; although they failed to get Congress to pass a bill requiring the redesign, they were able to persuade government officials to take action. The Peace dollar was approved by Treasury Secretary Andrew Mellon in December 1921, completing the redesign of United States coinage that had begun in 1907. (Full article...)

    The Peace dollar is a United States dollar coin minted for circulation from 1921 to 1928 and 1934 to 1935, and beginning again for collectors in 2021. Designed by Anthony de Francisci, the coin was the result of a competition to find designs emblematic of peace. Its obverse represents the head and neck of the Goddess of Liberty in profile, and the reverse depicts a bald eagle at rest clutching an olive branch, with the legend "Peace". It was the last United States dollar coin to be struck for circulation in silver.

    With the passage of the Pittman Act in 1918, the United States Mint was required to strike millions of silver dollars, and began to do so in 1921, using the Morgan dollar design. Numismatists began to lobby the Mint to issue a coin that memorialized the peace following World War I; although they failed to get Congress to pass a bill requiring the redesign, they were able to persuade government officials to take action. The Peace dollar was approved by Treasury Secretary Andrew Mellon in December 1921, completing the redesign of United States coinage that had begun in 1907. (Full article...)
  • Image 6 The copper-nickel three-cent piece, often called a three-cent nickel piece or three-cent nickel, was designed by US Mint Chief Engraver James B. Longacre and struck by the United States Bureau of the Mint from 1865 to 1889. It was initially popular, but its place in commerce was supplanted by the five-cent piece, or nickel. With precious metal federal coinage hoarded during the economic turmoil of the American Civil War, including the silver three-cent piece, and even the copper-nickel cent commanding a premium, Congress issued paper money in denominations as small as three cents to replace the hoarded coins in commerce. These small slips of paper became ragged and dirty, and the public came to hate "shinplasters". After the issuance in 1864 of a lighter bronze cent and a two-cent piece of that metal, both of which circulated freely, there were proposals for a three-cent piece in copper-nickel to replace the three-cent note. The advocates were led by Pennsylvania industrialist Joseph Wharton, who then controlled the domestic supply of nickel ore. On the last legislative day of the congressional session, March 3, 1865, a bill for a three-cent piece in copper-nickel alloy was introduced in Congress, passed both houses without debate, and was signed by President Abraham Lincoln. (Full article...)

    The copper-nickel three-cent piece, often called a three-cent nickel piece or three-cent nickel, was designed by US Mint Chief Engraver James B. Longacre and struck by the United States Bureau of the Mint from 1865 to 1889. It was initially popular, but its place in commerce was supplanted by the five-cent piece, or nickel.

    With precious metal federal coinage hoarded during the economic turmoil of the American Civil War, including the silver three-cent piece, and even the copper-nickel cent commanding a premium, Congress issued paper money in denominations as small as three cents to replace the hoarded coins in commerce. These small slips of paper became ragged and dirty, and the public came to hate "shinplasters". After the issuance in 1864 of a lighter bronze cent and a two-cent piece of that metal, both of which circulated freely, there were proposals for a three-cent piece in copper-nickel to replace the three-cent note. The advocates were led by Pennsylvania industrialist Joseph Wharton, who then controlled the domestic supply of nickel ore. On the last legislative day of the congressional session, March 3, 1865, a bill for a three-cent piece in copper-nickel alloy was introduced in Congress, passed both houses without debate, and was signed by President Abraham Lincoln. (Full article...)
  • Image 7 Formerly part of the U.S. Department of the Treasury The United States Assay Commission was an agency of the U.S. federal government from 1792 to 1980. Its function was to supervise the annual testing of the gold, silver, and (in its final years) base metal coins produced by the United States Mint to ensure that they met specifications. Although some members were designated by statute, for the most part the commission, which was freshly appointed each year, consisted of prominent Americans, including numismatists. Appointment to the Assay Commission was eagerly sought after, in part because commissioners received a commemorative medal. These medals, different each year, are extremely rare, with the exception of the 1977 issue, which was sold to the general public. The Mint Act of 1792 authorized the Assay Commission. Beginning in 1797, it met in most years at the Philadelphia Mint. Each year, the president appointed unpaid members, who would gather in Philadelphia to ensure the weight and fineness of silver and gold coins issued the previous year were to specifications. In 1971, the commission met, but for the first time had no gold or silver to test, with the end of silver coinage. Beginning in 1977, President Jimmy Carter appointed no members of the public to the commission, and in 1980, he signed legislation abolishing it. (Full article...)

    Formerly part of the U.S. Department of the Treasury

    The United States Assay Commission was an agency of the U.S. federal government from 1792 to 1980. Its function was to supervise the annual testing of the gold, silver, and (in its final years) base metal coins produced by the United States Mint to ensure that they met specifications. Although some members were designated by statute, for the most part the commission, which was freshly appointed each year, consisted of prominent Americans, including numismatists. Appointment to the Assay Commission was eagerly sought after, in part because commissioners received a commemorative medal. These medals, different each year, are extremely rare, with the exception of the 1977 issue, which was sold to the general public.

    The Mint Act of 1792 authorized the Assay Commission. Beginning in 1797, it met in most years at the Philadelphia Mint. Each year, the president appointed unpaid members, who would gather in Philadelphia to ensure the weight and fineness of silver and gold coins issued the previous year were to specifications. In 1971, the commission met, but for the first time had no gold or silver to test, with the end of silver coinage. Beginning in 1977, President Jimmy Carter appointed no members of the public to the commission, and in 1980, he signed legislation abolishing it. (Full article...)
  • Image 8 The Norse-American medal was struck at the Philadelphia Mint in 1925, pursuant to an act of the United States Congress. It was issued for the 100th anniversary of the voyage of the ship Restauration, bringing early Norwegian immigrants to the United States. U.S. Representative from Minnesota Ole Juulson Kvale, a Norwegian American, wanted a commemorative for the centennial celebrations of the Restauration journey. Rebuffed by the Treasury Department when he sought the issuance of a special coin, he instead settled for a medal. Sculpted by Buffalo nickel designer James Earle Fraser, the medals recognize those immigrants' Viking heritage, depicting a warrior of that culture on the obverse and his vessel on the reverse. The medals also recall the early Viking explorations of North America. (Full article...)

    The Norse-American medal was struck at the Philadelphia Mint in 1925, pursuant to an act of the United States Congress. It was issued for the 100th anniversary of the voyage of the ship Restauration, bringing early Norwegian immigrants to the United States.

    U.S. Representative from Minnesota Ole Juulson Kvale, a Norwegian American, wanted a commemorative for the centennial celebrations of the Restauration journey. Rebuffed by the Treasury Department when he sought the issuance of a special coin, he instead settled for a medal. Sculpted by Buffalo nickel designer James Earle Fraser, the medals recognize those immigrants' Viking heritage, depicting a warrior of that culture on the obverse and his vessel on the reverse. The medals also recall the early Viking explorations of North America. (Full article...)
  • Image 9 The California Pacific International Exposition half dollar, sometimes called the California Pacific half dollar or the San Diego half dollar, is a commemorative fifty-cent piece struck by the United States Bureau of the Mint in 1935 and 1936. Robert Ingersoll Aitken designed the coin. Its obverse depicts Minerva and other elements of the Seal of California; the reverse shows buildings from the California Pacific International Exposition (held 1935–1936), which the coin was issued to honor. Legislation for the half dollar moved through Congress without opposition in early 1935, and Aitken was hired to design it. Once his creation was approved, the San Francisco Mint produced 250,000 coins, but expected sales did not materialize. Left with more than 180,000 pieces they could not sell, the Exposition Commission went back to Congress for further legislation so it could return the unsold pieces and have new coins, dated 1936, hoping for greater sales in the second year of the fair's run. Although the commission was successful in getting the legislation passed, it was less so in selling the coins, and 150,000 1936-dated pieces were returned to the Mint. The coins, of either date, sell in the low hundreds of dollars today. (Full article...)

    The California Pacific International Exposition half dollar, sometimes called the California Pacific half dollar or the San Diego half dollar, is a commemorative fifty-cent piece struck by the United States Bureau of the Mint in 1935 and 1936. Robert Ingersoll Aitken designed the coin. Its obverse depicts Minerva and other elements of the Seal of California; the reverse shows buildings from the California Pacific International Exposition (held 1935–1936), which the coin was issued to honor.

    Legislation for the half dollar moved through Congress without opposition in early 1935, and Aitken was hired to design it. Once his creation was approved, the San Francisco Mint produced 250,000 coins, but expected sales did not materialize. Left with more than 180,000 pieces they could not sell, the Exposition Commission went back to Congress for further legislation so it could return the unsold pieces and have new coins, dated 1936, hoping for greater sales in the second year of the fair's run. Although the commission was successful in getting the legislation passed, it was less so in selling the coins, and 150,000 1936-dated pieces were returned to the Mint. The coins, of either date, sell in the low hundreds of dollars today. (Full article...)
  • Image 10 The British farthing (derived from the Old English feorthing, a fourth part) was a British coin worth a quarter of an old penny (1⁄960 of a pound sterling). It ceased to be struck after 1956 and was demonetised from 1 January 1961. The British farthing is a continuation of the English farthing, struck by English monarchs prior to the Act of Union 1707 which unified the crowns of England and Scotland into the Kingdom of Great Britain. Only pattern farthings were struck under Queen Anne as there was a glut of farthings from previous reigns. The coin was struck intermittently under George I and George II, but by the reign of George III, counterfeits were so prevalent the Royal Mint ceased striking copper coinage after 1775. The next farthings were the first struck by steam power, in 1799 by Matthew Boulton at his Soho Mint under licence. Boulton coined more in 1806, and the Royal Mint resumed production in 1821. The farthing was struck fairly regularly under George IV and William IV. By then it carried a scaled-down version of the penny's design, and would continue to mirror the penny and halfpenny until after 1936. (Full article...)
    The British farthing (derived from the Old English feorthing, a fourth part) was a British coin worth a quarter of an old penny (1⁄960 of a pound sterling). It ceased to be struck after 1956 and was demonetised from 1 January 1961.

    The British farthing is a continuation of the English farthing, struck by English monarchs prior to the Act of Union 1707 which unified the crowns of England and Scotland into the Kingdom of Great Britain. Only pattern farthings were struck under Queen Anne as there was a glut of farthings from previous reigns. The coin was struck intermittently under George I and George II, but by the reign of George III, counterfeits were so prevalent the Royal Mint ceased striking copper coinage after 1775. The next farthings were the first struck by steam power, in 1799 by Matthew Boulton at his Soho Mint under licence. Boulton coined more in 1806, and the Royal Mint resumed production in 1821. The farthing was struck fairly regularly under George IV and William IV. By then it carried a scaled-down version of the penny's design, and would continue to mirror the penny and halfpenny until after 1936. (Full article...)
  • Image 11 The Hudson, New York, Sesquicentennial half dollar, sometimes called the Hudson Sesquicentennial half dollar, is a commemorative fifty-cent piece struck by the United States Bureau of the Mint in 1935. The coin was designed by Chester Beach. Its obverse depicts the Half Moon, flagship of Henry Hudson, after whom the city of Hudson, New York is named. In addition to showing the ship, the coin displays a version of the Hudson city seal, with Neptune riding a whale, a design that has drawn commentary over the years. Although the city of Hudson was a relatively small municipality, legislation to issue a coin in honor of its 150th anniversary went through Congress without opposition and was signed by President Franklin D. Roosevelt, becoming the Act of May 2, 1935. In June 1935, 10,000 Hudson half dollars were distributed to civic authorities for sale to the public. (Full article...)

    The Hudson, New York, Sesquicentennial half dollar, sometimes called the Hudson Sesquicentennial half dollar, is a commemorative fifty-cent piece struck by the United States Bureau of the Mint in 1935. The coin was designed by Chester Beach. Its obverse depicts the Half Moon, flagship of Henry Hudson, after whom the city of Hudson, New York is named. In addition to showing the ship, the coin displays a version of the Hudson city seal, with Neptune riding a whale, a design that has drawn commentary over the years.

    Although the city of Hudson was a relatively small municipality, legislation to issue a coin in honor of its 150th anniversary went through Congress without opposition and was signed by President Franklin D. Roosevelt, becoming the Act of May 2, 1935. In June 1935, 10,000 Hudson half dollars were distributed to civic authorities for sale to the public. (Full article...)
  • Image 12 Oliver Christian Bosbyshell (January 3, 1839 – August 1, 1921) was Superintendent of the United States Mint at Philadelphia from 1889 to 1894. He also claimed to have been the first Union soldier wounded by enemy action in the Civil War, stating that he received a bruise on the forehead from an object thrown by a Confederate sympathizer while his unit was marching through Baltimore in April 1861. Bosbyshell was born in Mississippi. His parents were of old Philadelphia stock, and he was raised in Schuylkill County, Pennsylvania. After briefly working on the railroad and then studying law, Bosbyshell enlisted in the Union cause on the outbreak of war. Following a brief period of service in the 25th Pennsylvania Volunteer Regiment, he joined the 48th Pennsylvania, remaining in that regiment for three years. He saw action in such battles as Second Bull Run and Antietam. He rose to the rank of major and led his regiment, but was mustered out upon the expiration of his term of service in October 1864, having been refused a leave of absence. (Full article...)

    Oliver Christian Bosbyshell (January 3, 1839 – August 1, 1921) was Superintendent of the United States Mint at Philadelphia from 1889 to 1894. He also claimed to have been the first Union soldier wounded by enemy action in the Civil War, stating that he received a bruise on the forehead from an object thrown by a Confederate sympathizer while his unit was marching through Baltimore in April 1861.

    Bosbyshell was born in Mississippi. His parents were of old Philadelphia stock, and he was raised in Schuylkill County, Pennsylvania. After briefly working on the railroad and then studying law, Bosbyshell enlisted in the Union cause on the outbreak of war. Following a brief period of service in the 25th Pennsylvania Volunteer Regiment, he joined the 48th Pennsylvania, remaining in that regiment for three years. He saw action in such battles as Second Bull Run and Antietam. He rose to the rank of major and led his regiment, but was mustered out upon the expiration of his term of service in October 1864, having been refused a leave of absence. (Full article...)
  • Image 13 The obverse of a Class I 1804 dollar The 1804 dollar or Bowed Liberty Dollar was a dollar coin struck by the United States Mint, of which fifteen 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 obverse of a Class I 1804 dollar

    The 1804 dollar or Bowed Liberty Dollar was a dollar coin struck by the United States Mint, of which fifteen 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...)
  • Image 14 Robert Ingersoll Aitken's octagonal $50 piece The five Panama–Pacific commemorative coins were produced in connection with the 1915 Panama–Pacific International Exposition in San Francisco. Struck at that city's mint, the issue included round and octagonal $50 pieces. Excepting modern bullion coins, these two gold pieces are the highest denomination ever issued and the largest coins ever struck by the United States Mint. The octagonal $50 piece is the only U.S. coin to be issued that is not round. In January 1915, Congress passed legislation for a silver half dollar, as well as a gold dollar, quarter eagle ($2.50 piece), and two $50 pieces: one round and one octagonal. The Mint had already consulted artists. Treasury Secretary William G. McAdoo initially rejected all their designs. Two of them, Robert Ingersoll Aitken for the $50 pieces and Charles Keck for the gold dollar, persevered, and their submissions were used. The half dollar and quarter eagle were designed by Chief Engraver Charles E. Barber, possibly with the participation of his longtime assistant, George T. Morgan. (Full article...)
    Robert Ingersoll Aitken's octagonal $50 piece


    The five Panama–Pacific commemorative coins were produced in connection with the 1915 Panama–Pacific International Exposition in San Francisco. Struck at that city's mint, the issue included round and octagonal $50 pieces. Excepting modern bullion coins, these two gold pieces are the highest denomination ever issued and the largest coins ever struck by the United States Mint. The octagonal $50 piece is the only U.S. coin to be issued that is not round.

    In January 1915, Congress passed legislation for a silver half dollar, as well as a gold dollar, quarter eagle ($2.50 piece), and two $50 pieces: one round and one octagonal. The Mint had already consulted artists. Treasury Secretary William G. McAdoo initially rejected all their designs. Two of them, Robert Ingersoll Aitken for the $50 pieces and Charles Keck for the gold dollar, persevered, and their submissions were used. The half dollar and quarter eagle were designed by Chief Engraver Charles E. Barber, possibly with the participation of his longtime assistant, George T. Morgan. (Full article...)
  • Image 15 The California Diamond Jubilee half dollar was a United States commemorative silver fifty-cent piece struck at the San Francisco Mint in 1925. It was issued to celebrate the 75th anniversary of California statehood. The San Francisco Citizens' Committee wished to issue a commemorative coin as a fundraiser for a celebration of the statehood diamond jubilee. A California congressman attached authorization for it to another coinage bill, which was approved by Congress in early 1925. Designs by sculptor Jo Mora met a hostile reception at the Commission of Fine Arts, but the Citizens' Committee would not change them, and they were approved. The coin has been widely praised for its beauty in the years since. (Full article...)

    The California Diamond Jubilee half dollar was a United States commemorative silver fifty-cent piece struck at the San Francisco Mint in 1925. It was issued to celebrate the 75th anniversary of California statehood.

    The San Francisco Citizens' Committee wished to issue a commemorative coin as a fundraiser for a celebration of the statehood diamond jubilee. A California congressman attached authorization for it to another coinage bill, which was approved by Congress in early 1925. Designs by sculptor Jo Mora met a hostile reception at the Commission of Fine Arts, but the Citizens' Committee would not change them, and they were approved. The coin has been widely praised for its beauty in the years since. (Full article...)
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Yuan dynasty banknotes are a medieval form of fiat money.

Fiat money is a type of government issued currency that is not backed by a precious metal, such as gold or silver, nor by any other tangible asset or commodity. Fiat currency is typically designated by the issuing government to be legal tender, and is authorized by government regulation. Since the end of the Bretton Woods system in 1971, the major currencies in the world are fiat money.

Fiat money generally does not have intrinsic value and does not have use value. It has value only because the individuals who use it as a unit of account – or, in the case of currency, a medium of exchange – agree on its value. They trust that it will be accepted by merchants and other people as a means of payment for liabilities. (Full article...)

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Credit: US Mint, User:Dbenbenn & Sniff

A stunning 2002 Lincoln cent proof with a mirror-like finish. Lincoln's profile is complemented by a frosty cameo finish.

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Newfoundland 2 dollar coin
Reverse, Newfounland two dollars
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The British decimal fifty pence coin (often shortened to 50p in writing and speech) is a denomination of sterling coinage worth 1⁄2 of one pound. Its obverse has featured the profile of the current Monarch since the coin's introduction in 1969. As of November 2024, six different royal portraits have been used.

As of March 2013 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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Credit: commons:User:Red devil 666.
Face of the famous 1896 $2 "Educational Series" silver certificate.

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The following are images from various numismatics-related articles on Wikipedia.
  • Image 1A Yuan dynasty printing plate and banknote with Chinese words. (from Banknote)
    A Yuan dynasty printing plate and banknote with Chinese words. (from Banknote)
  • Image 2When 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 3An 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)
  • Image 4The 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 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)
  • Image 5Shreds 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 6Genoese scudo, 1541 (from History of money)
    Genoese scudo, 1541 (from History of money)
  • Image 7The 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: 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)
  • Image 8French 1992 twenty Franc Tri-Metallic coin (from Coin)
    French 1992 twenty Franc Tri-Metallic coin (from Coin)
  • Image 9Gandharan "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 10A 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 11Roman sestertius of Nero, c. 54–68 AD (from History of money)
    Roman sestertius of Nero, c. 54–68 AD (from History of money)
  • Image 12Early punch-marked coins of Gandhara, Taxila-Gandhara region. (from Coin)
    Early punch-marked coins of Gandhara, Taxila-Gandhara region. (from Coin)
  • 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 14Cowry shells being used as money by an Arab trader (from Currency)
    Cowry shells being used as money by an Arab trader (from Currency)
  • Image 15Shredded 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 16The 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 17Fed 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)
  • Image 18Many 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 19100 USD banknote (from History of money)
    100 USD banknote (from History of money)
  • Image 20The 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 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)
  • Image 21A 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)
  • 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 23Coin 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)
  • Image 24Bimetallic Egyptian one pound coin featuring King Tutankhamen (from Coin)
    Bimetallic Egyptian one pound coin featuring King Tutankhamen (from Coin)
  • Image 25A 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 26Roman denarius of Julius Caesar, 44 BC (from History of money)
    Roman denarius of Julius Caesar, 44 BC (from History of money)
  • Image 27Song dynasty Jiaozi, the world's earliest paper money. (from Banknote)
    Song dynasty Jiaozi, the world's earliest paper money. (from Banknote)
  • Image 28Five 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 (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)
  • Image 29Russian American Company-issued Alaskan parchment scrip (c. 1852) (from Banknote)
    Russian American Company-issued Alaskan parchment scrip (c. 1852) (from Banknote)
  • Image 30Genoese 10 doppie, 1641 (from History of money)
    Genoese 10 doppie, 1641 (from History of money)
  • Image 31Name of currency units by country, in Portuguese (from Currency)
    Name of currency units by country, in Portuguese (from Currency)
  • Image 32Fifty-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 33A $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 34The 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 351884 United States trade dollar (from Coin)
    1884 United States trade dollar (from Coin)
  • Image 36Earliest 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 37Genoese doppia, 1589 (from History of money)
    Genoese doppia, 1589 (from History of money)
  • Image 38Song dynasty Jiaozi, the world's earliest paper money (from Currency)
    Song dynasty Jiaozi, the world's earliest paper money (from Currency)
  • Image 39Athenian 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 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)
  • Image 40Silver 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 41Roman aureus of Septimius Severus, c. 193–211 AD (from History of money)
    Roman aureus of Septimius Severus, c. 193–211 AD (from History of money)
  • Image 423 Rubles proof coin of Russia, minted in 2008 (from Coin)
    3 Rubles proof coin of Russia, minted in 2008 (from Coin)
  • Image 43Marco Polo described the use of early banknotes in China to Medieval Europe in his book, The Travels of Marco Polo. (from Banknote)
    Marco Polo described the use of early banknotes in China to Medieval Europe in his book, The Travels of Marco Polo. (from Banknote)
  • Image 44Holographic 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 45Spade 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 46Collage 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 47An 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 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
    Alexander the Great Tetradrachm from the Temnos Mint, c. 188–170 BC (from Coin)
  • Image 49Coins can be stacked. (from Coin)
    Coins can be stacked. (from Coin)
  • Image 50Shredded 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 51Greek 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 52Chinese 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, 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)
  • Image 53A silver coin made during the reign of the Mughal Emperor Alamgir II (1754–1759) (from Coin)
    A silver coin made during the reign of the Mughal Emperor Alamgir II (1754–1759) (from Coin)
  • Image 54Obverse and reverse of an old American $100 note (1928) (from Banknote)
    Obverse and reverse of an old American $100 note (1928) (from Banknote)
  • Image 55Shredded 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 56The 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 57Hoard of mostly Mauryan Empire coins, 3rd century BC (from Coin)
    Hoard of mostly Mauryan Empire coins, 3rd century BC (from Coin)
  • Image 58A 2000 Romanian lei polymer banknote (from Banknote)
    A 2000 Romanian lei polymer banknote (from Banknote)
  • Image 59The 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)
  • 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 61A 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)

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.
  • Notaphily – The study of paper money or banknotes.
  • Scripophily – The study and collection of stocks and Bonds.

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Most traded currencies

Most traded currencies by value
Currency distribution of global foreign exchange market turnover[1]
Currency ISO 4217
code 		Symbols Proportion of daily volume Change
(2019–2022)
April 2019 April 2022
U.S. dollar USD $, US$ 88.3% 88.5% Increase 0.2pp
Euro EUR € 32.3% 30.5% Decrease 1.8pp
Japanese yen JPY ¥, 円 16.8% 16.7% Decrease 0.1pp
Sterling GBP £ 12.8% 12.9% Increase 0.1pp
Renminbi CNY ¥, 圆 4.3% 7.0% Increase 2.7pp
Australian dollar AUD $, $A 6.8% 6.4% Decrease 0.4pp
Canadian dollar CAD $, Can$ 5.0% 6.2% Increase 1.2pp
Swiss franc CHF Fr., fr. 4.9% 5.2% Increase 0.3pp
Hong Kong dollar HKD $, HK$, 元 3.5% 2.6% Decrease 0.9pp
Singapore dollar SGD $, S$ 1.8% 2.4% Increase 0.6pp
Swedish krona SEK kr, Skr 2.0% 2.2% Increase 0.2pp
South Korean won KRW ₩, 원 2.0% 1.9% Decrease 0.1pp
Norwegian krone NOK kr, Nkr 1.8% 1.7% Decrease 0.1pp
New Zealand dollar NZD $, $NZ 2.1% 1.7% Decrease 0.4pp
Indian rupee INR ₹ 1.7% 1.6% Decrease 0.1pp
Mexican peso MXN $, Mex$ 1.7% 1.5% Decrease 0.2pp
New Taiwan dollar TWD $‎, NT$, 圓 0.9% 1.1% Increase 0.2pp
South African rand ZAR R 1.1% 1.0% Decrease 0.1pp
Brazilian real BRL R$ 1.1% 0.9% Decrease 0.2pp
Danish krone DKK kr., DKr 0.6% 0.7% Increase 0.1pp
Polish złoty PLN zł‎, Zl 0.6% 0.7% Increase 0.1pp
Thai baht THB ฿, B 0.5% 0.4% Decrease 0.1pp
Israeli new shekel ILS ₪, NIS 0.3% 0.4% Increase 0.1pp
Indonesian rupiah IDR Rp 0.4% 0.4% Steady
Czech koruna CZK Kč, CZK 0.4% 0.4% Steady
UAE dirham AED د.إ, Dh(s) 0.2% 0.4% Increase 0.2pp
Turkish lira TRY ₺, TL 1.1% 0.4% Decrease 0.7pp
Hungarian forint HUF Ft 0.4% 0.3% Decrease 0.1pp
Chilean peso CLP $, Ch$ 0.3% 0.3% Steady
Saudi riyal SAR ﷼, SRl(s) 0.2% 0.2% Steady
Philippine peso PHP ₱ 0.3% 0.2% Decrease 0.1pp
Malaysian ringgit MYR RM 0.2% 0.2% Steady
Colombian peso COP $, Col$ 0.2% 0.2% Steady
Russian ruble RUB ₽, руб 1.1% 0.2% Decrease 0.9pp
Romanian leu RON —, leu 0.1% 0.1% Steady
Peruvian sol PEN S/. 0.1% 0.1% Steady
Bahraini dinar BHD .د.ب, BD 0.0% 0.0% Steady
Bulgarian lev BGN лв., lv., lev 0.0% 0.0% Steady
Argentine peso ARS $, Arg$ 0.1% 0.0% Decrease 0.1pp
Other currencies 1.8% 2.3% Increase 0.5pp
Total: 200.0% 200.0%

References

These references will appear in the article, but this list appears only on this page.
  1. ^ Triennial Central Bank Survey Foreign exchange turnover in April 2022 (PDF) (Report). Bank for International Settlements. 27 October 2022. p. 12. Archived (PDF) from the original on 2022-10-27.


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