DEFINITION of 'Numismatics'
The study of the physical embodiment of various payment media (i.e. currencies). The study of numismatics as it applies to coins, is often in the research of the production and use of the coins to determine their rarity. Numismatics has many subfields, including but not limited to:
- Notaphily - the study of paper money (i.e. bank notes)
- Exonumia - the study of coin like items such as medals used in place of currency
- Scripophily - the study of securities (i.e. stocks and bonds)
INVESTOPEDIA EXPLAINS 'Numismatics'
Numismatics differs from historical and economic studies of money. Numismatists study the physical attributes of the payment media rather than the use and development.
Numismatics also differs from coin collecting due to the scientific research involved. It could be said that all numismatists are coin collectors, but not all coin collectors are numismatists.
The act of trading goods and services between two or more parties ...
The physical piece of paper representing ownership in a company. ...
A generally accepted form of money, including coins and paper ...
A currency, usually from a highly industrialized country, that ...
An officially-issued legal tender generally consisting of currency ...
Cash or other property added to an exchange or other transaction ...