A look at the word Numismatic

Obscure Finds Coin Collection 
Source: coins.obscurefinds.com

Obscure Finds Coin Collection (OFCC) has created a new way to look at coins on the internet including a responsive design that helps user that are on the ever growing popular mobile devices.

The OFCC has approached this project with some simple ideas.
- document with trusted sources coins that was in our collection
- learn more about coin collecting and numismatics

During the process the OFCC has created the website located at http://coin.obscurefinds.com.
Sometime between the design process and schema creation a side project was created and segregated. This project is known as the Numismatic Coin Collection Database (NCCD) more information about the intentions of this project will come in the next few months.

Below we look at the word Numismatic


Numismatics

Source: en.wikipedia.org

Numismatics is the study or collection of currency, including coins, tokens, paper money, and related objects. While numismatists are often characterized as students or collectors of coins, the discipline also includes the broader study of money and other payment media used to resolve debts and the exchange of goods. Early money used by 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., cigarettes in prison). The Kyrgyz people used horses as the principal currency unit and gave small change in lambskins;[1] the lambskins may be suitable for numismatic study, but the horse is not. Many objects have been used for centuries, such as cowry shells, precious metals, and gems.

Today, most transactions take place by a form of payment with either inherent, standardized, or credit value. Numismatic value may be used to refer to the value in excess of the monetary value conferred by law, which is known as the "collector value."

Economic and historical studies of money's use and development are an integral part of the numismatists' study of money's physical embodiment.

Modern numismatics

Modern numismatics is the study of the coins of the mid-17th century onward, the period of machine struck coins. Their study serves more the need of collectors than historians and it is more often successfully pursued by amateur aficionados than by professional scholars. The focus of modern numismatics lies frequently in the research of production and use of money in historical contexts using mint or other records in order to determine the relative rarity of the coins they study. Varieties, mint-made errors, the results of progressive die wear, mintage figures and even the sociopolitical context of coin mintings are also matters of interest.

REF

Numismatic Definition
Source:  merriam-webster.com

Definition of NUMISMATIC

1

:  of or relating to numismatics

2

:  of or relating to currency :  monetary

Origin of NUMISMATIC

French numismatique, from Latin nomismat-, nomisma coin, from Greek, current coin, from nomizein to use, from nomoscustom, law — more at nimble

First Known Use: 1792

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