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Numismatics (ancient Greek: ) is the scientific study of money and its history in all its varied forms. While numismatists are often characterized as studying coins, the discipline also includes the study of banknotes, stock certificates, medals, medallions, and token coins (also referred to as exonumia).

Monies studied by numismatists


Checks, notaphily (the collection of paper money or banknotes), scripophily (the collection of stocks and bonds), and credit cards are also subjects of numismatistic interest. Early money used by primitive people is referred to as "Odd and Curious", but the use of other goods in barter exchange is excluded, even where used as a circulating currency (e.g. prison cigarettes). For instance, the Kirghiz people used horses as the principal currency unit and gave small change in lambskins.See Glyn Davies' monetary timeline here, taken from his 1996 book with Roy Davies, A Comparative Chronology of Money: Monetary History from Ancient Times to the Present Day, University of Wales Press, ISBN 0-7083-1351-5. The timeline reports horses and sheep as the principle monetary units until circa 1910. The lambskins may be suitable for numismatic study, the horse is not.

Economic and historical studies of money's use and development are separate to the numismatists' study of money's physical embodiment (although the fields are related; economic theories of money's origin depend upon numismatics, for example).

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Coins :: Collecting
Numismatic Literature :: Coins
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