A numismatist is a specialist, researcher, and/or well-informed collector of numismatics/coins ("of coins"; from Late Latin numismatis, genitive of numisma). Numismatists can include collectors, specialist dealers, and scholar-researchers who use coins (and possibly, other currency) in object-based research.[1] Although use of the term numismatics was first recorded in English in 1799,[2] people had been collecting and studying coins long before then all over the world. (The branch of numismatics that deals with the study and collection of paper currency and banknotes by notaphilists is called Notaphily)

The first group chiefly may derive pleasure from the simple ownership of monetary devices and studying these coins as private amateur scholars. In the classical field, amateur collector studies have achieved quite remarkable progress in the field. Examples include Walter Breen, a noted numismatist who was not an avid collector, and King Farouk I of Egypt was an avid collector[3] who had very little interest in numismatics. Harry Bass by comparison was a noted collector who was also a numismatist.


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The second group are the coin dealers. Often called professional numismatists, they authenticate or grade coins for commercial purposes. The buying and selling of coin collections by numismatists who are professional dealers advance the study of money, and expert numismatists are consulted by historians, museum curators, and archaeologists. See, for example, the International Association of Professional Numismatists (IAPN) and the British Numismatic Trade Association (BNTA).

The third category are scholar numismatists working in public collections, universities or as independent scholars acquiring knowledge about monetary devices, their systems, their economy and their historical context.[4] Coins are especially relevant as a source in the pre-modern period.

There are very few academic institutions around the world that offer formal training in numismatics. Some may offer numismatics as part of a course in classical studies, ancient history, history or archaeology. Scholar numismatists may focus on numismatics at the postgraduate level, where the training is more research-based. As a result, most scholar numismatists will approach numismatics from within another academic discipline (e.g. history, archaeology, ancient or modern languages, metal sciences), perhaps after attending a numismatic summer school, usually based where there is an excellent coin collection. Recognition of scholarly numismatic expertise may be in the form of a postgraduate qualification, and/or in the form of a medal awarded by a numismatic society: for example, the Medal of the Royal Numismatic Society, which may be awarded to scholar numismatists of any nationality.

As scholar numismatists work on coins (and related objects) within their particular area of interest (e.g. a particular part of the world, a particular period of history, or a particular culture), they are often known in those fields, as well as in numismatics. Biographical resources relating specifically to numismatists include the following:

The American Numismatic Society is an organization dedicated to the study of coins, currency, medals, tokens, and related objects from all cultures, past and present. The Society's headquarters in New York City has the foremost research collection and library specialized in numismatics in the United States. These resources are used to support research and education in numismatics, for the benefit of academic specialists, serious collectors, professional numismatists, and the interested public.

It is often debated what the scope of numismatics is. The reality is that most numismatists aren't just experts in rare coins; they are also experts in bank notes, foreign currencies, and often jewelry and antiques.

In the United States, you will mostly find numismatists who are experts in coins and currencies that are minted only within the United States. However, there are also coin experts that study coins from around the world, and even coins from ancient times.

Generally speaking, anyone who deals in coins is also a numismatist and a collector.


However, it is possible to deal in coins without being either a numismatist or collector. But, most people believe that in order to become a successful coin dealer you must also be an expert numismatist. And of course, the most effective way to start learning numismatics is to start collecting coins. Hence, the three labels tend to all go hand-in-hand. And, anyone who you meet that is serious about coins is most likely a numismatist and a collector.

See MILLIONS in rare coins and colorful currency, build your collection from extensive numismatic inventories and find out what your old money may be worth at the annual National Money Show and World's Fair of Money. Participate in a once-a-year opportunity for numismatic learning and camaraderie at the ANA's Summer Seminar. Enjoy live online courses and lectures from fellow collectors and professional numismatists with the ANA eLearning Academy. Numismatic adventure awaits!

Numismatists collect or study currency, most commonly coins and paper money. Their collections can span across different eras, regions, and themes, making each collection unique. While many numismatists focus on old and rare coins, others might be more interested in collecting contemporary currencies from various countries or even scripophily, which is the study and collection of stock and bond certificates.

Yes, numismatics can also be pursued as a profession. Professional numismatists often work for auction houses, museums, or coin-grading services. They are responsible for authenticating, grading, and appraising coins. Their expert knowledge helps determine the market value of coins based on rarity, condition, demand, and historical significance.

In addition to working with tangible coins, numismatists can be writers, researchers, or historians who contribute scholarly work to the field. They might publish articles, books, or catalogs, attend symposiums, or give lectures.

In the modern era, there are several high-profile numismatists. For example, Eric P. Newman, who passed away in 2017, was one of the most prominent numismatists in America, known for his extensive collection and scholarly contributions to the field. Others, like billionaire A. Mack Pogue, have amassed collections that have fetched millions at auctions.

A numismatist, on the other hand, is someone who studies coins and currency in depth. While a numismatist might also be a coin collector, not all are necessarily numismatists. Numismatists know more about the coins, their history, minting processes, and more.

The WESTERN RESERVE NUMISMATIC CLUB, an organization of coin collectors, was established 9 Nov. 1921 by 6 numismatists, meeting at Weber's Restaurant in downtown Cleveland. It was the third club ever to register with the American Numismatic Association. Moses Marcusson, the club's first president, served until 1924. He was succeeded by WALLACE CATHCART, another founder of the club; he served until 1927. Several prominent Clevelanders and noted numismatists belonged were members of the club, including Michael Kolman, Jr., founder of the Federal Coin Exchange, and Leon Lindheim, who wrote a column on coins for the PLAIN DEALER. The club hosted 4 American Numismatic Assn. national conventions in Cleveland, in 1924, 1934, 1954, and 1964. The 1954 meeting was the largest ever held up to that time. The club has met every year since its founding, and 2021 marks the 100th anniversary of the organization. The club has been the parent organization of at least 2 other coin collecting clubs.

[vc_row][vc_column][vc_column_text]With cheerful music, sweet treats, and festive decor, this certainly seems to be the most wonderful time of the year. Amid the celebration and joy however, there is one caveat we all face. That is the pressure to find the Christmas Gifts for everyone on your list. While you'd like to take the opportunity to practice generosity and to show love to your friends and family, knowing what to gift might pose a challenge. That's why, for the numismatist in your life, we've brainstormed a few gift ideas they might enjoy. In this post, we'll take a look at the top seven gifts to get for a coin collector.[/vc_column_text][vc_column_text]

Which one of the following inferences about gold coins minted in medieval Spain is most strongly supported by the information the numismatist gives? Logical Reasoning Question TypeThis is a Most Strongly supported question. Correct AnswerThe correct answer to this question is B. LSAT Question Complete ExplanationThis LSAT problem is a Most Strongly Supported (MSS) question, meaning we are looking for an answer choice that can be proven using the facts provided in the passage.

Let's first analyze and summarize the information in the passage. The numismatist states that in medieval Spain, most gold coins were made from gold mined in West Africa (now Senegal). This gold had a 92% gold content, which was the purest known at the time. Because of its purity, these coins could be minted without refining the gold. The passage also mentions that the mints could refine gold and produced other coins with purer gold content, but the Senegalese gold was never refined. ff782bc1db

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