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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 Louisiana Purchase Sesquicentennial half dollar was a proposed United States commemorative coin, legislation for which passed both houses of Congress, but was vetoed in 1954 by President Dwight Eisenhower. Intended to celebrate the 150th anniversary of the Louisiana Purchase (1803), the coin was lobbied for by both the Missouri Historical Society (MHS) and the Louisiana Purchase 150th Anniversary Association of New Orleans, who hoped to be able to buy the entire coin issue from the government and sell it at a profit. Numismatist Eric P. Newman led the MHS's efforts, and corresponded with Congressman Thomas B. Curtis of Missouri, who helped push the bill forward with officials of the Louisiana group, such as Clay Shaw. Although many commemorative coins had been authorized by Congress in the 1930s, legislators passed few after that; the Treasury Department was strongly against their issue. When the House of Representatives held a hearing on the Louisiana Purchase Sesquicentennial half dollar, the bill was opposed by assistant director of the Mint F. Leland Howard. The House passed the bill in April 1953, but the Senate was slow to act, passing it in January 1954, and after the House concurred with the Senate amendments, the bill was sent to Eisenhower later that month. (Full article...)
    The Louisiana Purchase Sesquicentennial half dollar was a proposed United States commemorative coin, legislation for which passed both houses of Congress, but was vetoed in 1954 by President Dwight Eisenhower. Intended to celebrate the 150th anniversary of the Louisiana Purchase (1803), the coin was lobbied for by both the Missouri Historical Society (MHS) and the Louisiana Purchase 150th Anniversary Association of New Orleans, who hoped to be able to buy the entire coin issue from the government and sell it at a profit.

    Numismatist Eric P. Newman led the MHS's efforts, and corresponded with Congressman Thomas B. Curtis of Missouri, who helped push the bill forward with officials of the Louisiana group, such as Clay Shaw. Although many commemorative coins had been authorized by Congress in the 1930s, legislators passed few after that; the Treasury Department was strongly against their issue. When the House of Representatives held a hearing on the Louisiana Purchase Sesquicentennial half dollar, the bill was opposed by assistant director of the Mint F. Leland Howard. The House passed the bill in April 1953, but the Senate was slow to act, passing it in January 1954, and after the House concurred with the Senate amendments, the bill was sent to Eisenhower later that month. (Full article...)
  • Image 2 Cameo of Pistrucci (ca. 1850, by his daughter, Elisa) Benedetto Pistrucci (29 May 1783 – 16 September 1855) was an Italian gem-engraver, medallist and a coin engraver, probably best known for his Saint George and the Dragon design for the British sovereign coin. Pistrucci was commissioned by the British government to create the large Waterloo Medal, a project which took him thirty years to complete. Born in Rome in 1783, Pistrucci studied briefly with other artists before striking out on his own at age 15. He became prominent as a cameo carver and was patronised by royalty. In 1815, he moved to Britain, where he would live for most of the rest of his life. His talent brought him to the attention of notables including William Wellesley-Pole, the Master of the Mint. Pole engaged Pistrucci to design new coinage, including the sovereign, which was first issued in 1817 to mixed reactions. Although Pole probably promised Pistrucci the post of Chief Engraver, the position could not be awarded as only a British subject could hold it. This slight became a long-term grievance for Pistrucci. (Full article...)
    Black and white photo of a cameo of an aging man, facing left, with receding long curly hair
    Cameo of Pistrucci (ca. 1850, by his daughter, Elisa)

    Benedetto Pistrucci (29 May 1783 – 16 September 1855) was an Italian gem-engraver, medallist and a coin engraver, probably best known for his Saint George and the Dragon design for the British sovereign coin. Pistrucci was commissioned by the British government to create the large Waterloo Medal, a project which took him thirty years to complete.

    Born in Rome in 1783, Pistrucci studied briefly with other artists before striking out on his own at age 15. He became prominent as a cameo carver and was patronised by royalty. In 1815, he moved to Britain, where he would live for most of the rest of his life. His talent brought him to the attention of notables including William Wellesley-Pole, the Master of the Mint. Pole engaged Pistrucci to design new coinage, including the sovereign, which was first issued in 1817 to mixed reactions. Although Pole probably promised Pistrucci the post of Chief Engraver, the position could not be awarded as only a British subject could hold it. This slight became a long-term grievance for Pistrucci. (Full article...)
  • Image 3 The United States trade dollar was a dollar coin minted by the United States Mint to compete with other large silver trade coins that were already popular in East Asia. The idea first came about in the 1860s, when the price of silver began to decline due to increased mining in the western United States. A bill providing in part for the issuance of the trade dollar was eventually put before Congress, where it was approved, and signed into law as the Coinage Act of 1873. The act made trade dollars legal tender up to five dollars. A number of designs were considered for the trade dollar, and an obverse and reverse created by William Barber were selected. The first trade dollars were struck in 1873; the majority of these were sent to China. Eventually, bullion producers began converting large amounts of silver into trade dollars, causing the coins to make their way into American commercial channels. This caused frustration among those to whom they were given in payment, as the coins were largely maligned and traded for less than one dollar each. In response to their wide distribution in American commerce, the coins were officially demonetized in 1876, but continued to circulate. The production of business strikes ended in 1878, though proof coins officially continued to be minted until 1883. The trade dollar was re-monetized when the Coinage Act of 1965 was signed into law. (Full article...)

    The United States trade dollar was a dollar coin minted by the United States Mint to compete with other large silver trade coins that were already popular in East Asia. The idea first came about in the 1860s, when the price of silver began to decline due to increased mining in the western United States. A bill providing in part for the issuance of the trade dollar was eventually put before Congress, where it was approved, and signed into law as the Coinage Act of 1873. The act made trade dollars legal tender up to five dollars. A number of designs were considered for the trade dollar, and an obverse and reverse created by William Barber were selected.

    The first trade dollars were struck in 1873; the majority of these were sent to China. Eventually, bullion producers began converting large amounts of silver into trade dollars, causing the coins to make their way into American commercial channels. This caused frustration among those to whom they were given in payment, as the coins were largely maligned and traded for less than one dollar each. In response to their wide distribution in American commerce, the coins were officially demonetized in 1876, but continued to circulate. The production of business strikes ended in 1878, though proof coins officially continued to be minted until 1883. The trade dollar was re-monetized when the Coinage Act of 1965 was signed into law. (Full article...)
  • Image 4 The Grant Memorial coinage are a gold dollar and silver half dollar struck by the United States Bureau of the Mint in 1922 in honor of the 100th anniversary of the birth of Ulysses S. Grant, a leading Union general during the American Civil War and later the 18th president of the United States. The two coins, identical in design and sculpted by Laura Gardin Fraser, portrayed Grant on the obverse and his birthplace in Ohio on the reverse. The Ulysses S. Grant Centenary Memorial Association, also called the Grant Commission, wanted to sell 200,000 gold dollars to be able to finance multiple projects in the areas of Grant's birthplace and boyhood home. Congress authorized only 10,000 gold coins, but also authorized 250,000 half dollars. Hoping to boost sales, the Grant Commission asked for 5,000 of the gold dollars to bear a special mark, an incuse star; the Mint did the same for the half dollars as well, unasked for. (Full article...)

    The Grant Memorial coinage are a gold dollar and silver half dollar struck by the United States Bureau of the Mint in 1922 in honor of the 100th anniversary of the birth of Ulysses S. Grant, a leading Union general during the American Civil War and later the 18th president of the United States. The two coins, identical in design and sculpted by Laura Gardin Fraser, portrayed Grant on the obverse and his birthplace in Ohio on the reverse.

    The Ulysses S. Grant Centenary Memorial Association, also called the Grant Commission, wanted to sell 200,000 gold dollars to be able to finance multiple projects in the areas of Grant's birthplace and boyhood home. Congress authorized only 10,000 gold coins, but also authorized 250,000 half dollars. Hoping to boost sales, the Grant Commission asked for 5,000 of the gold dollars to bear a special mark, an incuse star; the Mint did the same for the half dollars as well, unasked for. (Full article...)
  • Image 5 The York County, Maine, Tercentenary half dollar is a 50-cent commemorative coin minted in 1936 to mark the tercentenary (300th anniversary) of the founding of York County, Maine. The obverse shows Brown's Garrison, the fort around which York County was formed, while the reverse depicts the county's arms. A commemorative coin craze in 1936 saw some coins authorized by the United States Congress that were of mainly local significance; the York County issue was one of these. Legislation permitting the half dollar passed Congress without opposition in the first half of 1936. Maine artist Walter H. Rich designed the issue; his work has garnered mixed praise and dislike from numismatic authors. (Full article...)

    The York County, Maine, Tercentenary half dollar is a 50-cent commemorative coin minted in 1936 to mark the tercentenary (300th anniversary) of the founding of York County, Maine. The obverse shows Brown's Garrison, the fort around which York County was formed, while the reverse depicts the county's arms.

    A commemorative coin craze in 1936 saw some coins authorized by the United States Congress that were of mainly local significance; the York County issue was one of these. Legislation permitting the half dollar passed Congress without opposition in the first half of 1936. Maine artist Walter H. Rich designed the issue; his work has garnered mixed praise and dislike from numismatic authors. (Full article...)
  • Image 6 The Connecticut Tercentenary half dollar, sometimes called the Connecticut half dollar, is a commemorative 50-cent piece struck by the United States Bureau of the Mint in 1935. The coin was designed by Henry Kreis and commemorates the 300th anniversary of the founding of Connecticut. Its obverse depicts the Charter Oak, where according to legend Connecticut's charter was hidden to save it from being confiscated by the English governor-general. An eagle appears on the coin's reverse side. The Connecticut Tercentenary Commission wanted a half dollar issued, with proceeds from its sale to further its projects. A bill passed through Congress without dissent and became law on June 21, 1934, when President Franklin D. Roosevelt signed it, providing for 25,000 half dollars. Kreis's design was a Public Works Administration project and technically in violation of the new law, which said the federal government was not to pay for its design. Nevertheless, the design was approved by the Commission of Fine Arts, and then by the Treasury Department. (Full article...)

    The Connecticut Tercentenary half dollar, sometimes called the Connecticut half dollar, is a commemorative 50-cent piece struck by the United States Bureau of the Mint in 1935. The coin was designed by Henry Kreis and commemorates the 300th anniversary of the founding of Connecticut. Its obverse depicts the Charter Oak, where according to legend Connecticut's charter was hidden to save it from being confiscated by the English governor-general. An eagle appears on the coin's reverse side.

    The Connecticut Tercentenary Commission wanted a half dollar issued, with proceeds from its sale to further its projects. A bill passed through Congress without dissent and became law on June 21, 1934, when President Franklin D. Roosevelt signed it, providing for 25,000 half dollars. Kreis's design was a Public Works Administration project and technically in violation of the new law, which said the federal government was not to pay for its design. Nevertheless, the design was approved by the Commission of Fine Arts, and then by the Treasury Department. (Full article...)
  • Image 7 The sovereign is a British gold coin with a nominal value of one pound sterling (£1) and contains 0.2354 troy ounces (113.0 gr; 7.32 g) of pure gold. Struck since 1817, it was originally a circulating coin that was accepted in Britain and elsewhere in the world; it is now a bullion coin and is sometimes mounted in jewellery. In addition, circulation strikes and proof examples are often collected for their numismatic value. In most recent years, it has borne the design of Saint George and the Dragon on the reverse; the initials (B P) of the designer, Benedetto Pistrucci, are visible to the right of the date. The coin was named after the English gold sovereign, which was last minted about 1603, and originated as part of the Great Recoinage of 1816. Many in Parliament believed a one-pound coin should be issued rather than the 21-shilling guinea that was struck until that time. The Master of the Mint, William Wellesley Pole had Pistrucci design the new coin; his depiction was also used for other gold coins. Originally, the coin was unpopular because the public preferred the convenience of banknotes but paper currency of value £1 was soon limited by law. With that competition gone, the sovereign became a popular circulating coin, and was used in international trade and overseas, being trusted as a coin containing a known quantity of gold. (Full article...)

    The sovereign is a British gold coin with a nominal value of one pound sterling (£1) and contains 0.2354 troy ounces (113.0 gr; 7.32 g) of pure gold. Struck since 1817, it was originally a circulating coin that was accepted in Britain and elsewhere in the world; it is now a bullion coin and is sometimes mounted in jewellery. In addition, circulation strikes and proof examples are often collected for their numismatic value. In most recent years, it has borne the design of Saint George and the Dragon on the reverse; the initials (B P) of the designer, Benedetto Pistrucci, are visible to the right of the date.

    The coin was named after the English gold sovereign, which was last minted about 1603, and originated as part of the Great Recoinage of 1816. Many in Parliament believed a one-pound coin should be issued rather than the 21-shilling guinea that was struck until that time. The Master of the Mint, William Wellesley Pole had Pistrucci design the new coin; his depiction was also used for other gold coins. Originally, the coin was unpopular because the public preferred the convenience of banknotes but paper currency of value £1 was soon limited by law. With that competition gone, the sovereign became a popular circulating coin, and was used in international trade and overseas, being trusted as a coin containing a known quantity of gold. (Full article...)
  • Image 8 The Gadsden Purchase half dollar was a proposed commemorative coin to be issued by the United States Bureau of the Mint. Legislation for the half dollar passed both houses of Congress in 1930 but was vetoed by President Herbert Hoover. The House of Representatives sustained his action, 96 votes in favor of overriding it to 243 opposed, well short of the necessary two-thirds majority. This was the first veto of Hoover's presidency and the first ever for a commemorative coin bill. The proposal to commemorate the 1854 congressional ratification of the Gadsden Purchase was the brainchild of El Paso coin dealer Lyman W. Hoffecker, who wanted a commemorative coin he could control and distribute. He gained the support of several members of Congress from Texas and the Southwest, and a bill was introduced in Congress in April 1929, receiving a hearing 11 months later. Treasury Secretary Andrew W. Mellon sent a letter and two officials in opposition to the bill, but it passed both houses of Congress without dissent. On April 21, 1930, Hoover vetoed the bill, deeming commemorative coins abusive. Although only one congressman spoke in favor of Hoover's action during the override debate in the House, the veto was easily sustained. (Full article...)
    The Gadsden Purchase half dollar was a proposed commemorative coin to be issued by the United States Bureau of the Mint. Legislation for the half dollar passed both houses of Congress in 1930 but was vetoed by President Herbert Hoover. The House of Representatives sustained his action, 96 votes in favor of overriding it to 243 opposed, well short of the necessary two-thirds majority. This was the first veto of Hoover's presidency and the first ever for a commemorative coin bill.

    The proposal to commemorate the 1854 congressional ratification of the Gadsden Purchase was the brainchild of El Paso coin dealer Lyman W. Hoffecker, who wanted a commemorative coin he could control and distribute. He gained the support of several members of Congress from Texas and the Southwest, and a bill was introduced in Congress in April 1929, receiving a hearing 11 months later. Treasury Secretary Andrew W. Mellon sent a letter and two officials in opposition to the bill, but it passed both houses of Congress without dissent. On April 21, 1930, Hoover vetoed the bill, deeming commemorative coins abusive. Although only one congressman spoke in favor of Hoover's action during the override debate in the House, the veto was easily sustained. (Full article...)
  • Image 9 The Kennedy half dollar, first minted in 1964, is a fifty-cent coin issued by the United States Mint. Intended as a memorial to the assassinated 35th president of the United States John F. Kennedy, it was authorized by Congress just over a month after his death. Use of existing works by Mint sculptors Gilroy Roberts and Frank Gasparro allowed dies to be prepared quickly, and striking of the new coins began in January 1964. The silver coins were hoarded upon their release in March 1964 by collectors and those interested in a memento of the late president. Although the Mint greatly increased production, the denomination was seldom seen in circulation. Continued rises in the price of silver increased the hoarding—many early Kennedy half dollars have been melted for their silver content. Starting with 1965-dated coins, the percentage of fine silver was reduced from 90% to 40% (silver clad), but even with this change the coin saw little circulation. (Full article...)

    The Kennedy half dollar, first minted in 1964, is a fifty-cent coin issued by the United States Mint. Intended as a memorial to the assassinated 35th president of the United States John F. Kennedy, it was authorized by Congress just over a month after his death. Use of existing works by Mint sculptors Gilroy Roberts and Frank Gasparro allowed dies to be prepared quickly, and striking of the new coins began in January 1964.

    The silver coins were hoarded upon their release in March 1964 by collectors and those interested in a memento of the late president. Although the Mint greatly increased production, the denomination was seldom seen in circulation. Continued rises in the price of silver increased the hoarding—many early Kennedy half dollars have been melted for their silver content. Starting with 1965-dated coins, the percentage of fine silver was reduced from 90% to 40% (silver clad), but even with this change the coin saw little circulation. (Full article...)
  • Image 10 The penny of Great Britain and the United Kingdom from 1714 to 1901, the period in which the House of Hanover reigned, saw the transformation of the penny from a little-used small silver coin to the bronze piece recognisable to modern-day Britons. All bear the portrait of the monarch on the obverse; copper and bronze pennies have a depiction of Britannia, the female personification of Britain, on the reverse. During most of the 18th century, the penny was a small silver coin rarely seen in circulation, and that was principally struck to be used for Maundy money or other royal charity. Beginning in 1787, the chronic shortage of good money resulted in the wide circulation of private tokens, including large coppers valued at one penny. In 1797 industrialist Matthew Boulton gained a contract to produce official pennies at his Soho Mint in Birmingham; he struck millions of pennies over the next decade. After that, it was not until 1825 that pennies were struck again for circulation, and the copper penny continued to be issued until 1860. (Full article...)
    The penny of Great Britain and the United Kingdom from 1714 to 1901, the period in which the House of Hanover reigned, saw the transformation of the penny from a little-used small silver coin to the bronze piece recognisable to modern-day Britons. All bear the portrait of the monarch on the obverse; copper and bronze pennies have a depiction of Britannia, the female personification of Britain, on the reverse.

    During most of the 18th century, the penny was a small silver coin rarely seen in circulation, and that was principally struck to be used for Maundy money or other royal charity. Beginning in 1787, the chronic shortage of good money resulted in the wide circulation of private tokens, including large coppers valued at one penny. In 1797 industrialist Matthew Boulton gained a contract to produce official pennies at his Soho Mint in Birmingham; he struck millions of pennies over the next decade. After that, it was not until 1825 that pennies were struck again for circulation, and the copper penny continued to be issued until 1860. (Full article...)
  • Image 11 The British florin, or two-shilling piece (2/– or 2s.), was a coin worth 1⁄10 of one pound, or 24 pence. It was issued from 1849 until 1967, with a final issue for collectors dated 1970. It was the last coin circulating immediately prior to decimalisation to be demonetised, in 1993, having for a quarter of a century circulated alongside the ten-pence piece, identical in specifications and value. The florin was introduced as part of an experiment in decimalisation that went no further at the time. The original florins, dated 1849, attracted controversy for omitting a reference to God from Queen Victoria's titles; that type is accordingly known as the "Godless florin", and was in 1851 succeeded by the "Gothic florin", for its design and style of lettering. Throughout most of its existence, the florin bore some variation of either the shields of the United Kingdom, or the emblems of its constituent nations on the reverse, a tradition broken between 1902 and 1910, when the coin featured a windswept figure of a standing Britannia. (Full article...)

    The British florin, or two-shilling piece (2/– or 2s.), was a coin worth 1⁄10 of one pound, or 24 pence. It was issued from 1849 until 1967, with a final issue for collectors dated 1970. It was the last coin circulating immediately prior to decimalisation to be demonetised, in 1993, having for a quarter of a century circulated alongside the ten-pence piece, identical in specifications and value.

    The florin was introduced as part of an experiment in decimalisation that went no further at the time. The original florins, dated 1849, attracted controversy for omitting a reference to God from Queen Victoria's titles; that type is accordingly known as the "Godless florin", and was in 1851 succeeded by the "Gothic florin", for its design and style of lettering. Throughout most of its existence, the florin bore some variation of either the shields of the United Kingdom, or the emblems of its constituent nations on the reverse, a tradition broken between 1902 and 1910, when the coin featured a windswept figure of a standing Britannia. (Full article...)
  • Image 12 The double florin, or four-shilling piece, was a British coin produced by the Royal Mint between 1887 and 1890. One of the shortest-lived of all British coin denominations, it was struck in only four years. Its obverse, designed by Joseph Boehm and engraved by Leonard Charles Wyon, depicts Queen Victoria, whilst the reverse, featuring national symbols of the United Kingdom, was designed by Wyon based on the coinage of Charles II. The double florin was introduced as part of a coinage redesign that took place in 1887, the year of Queen Victoria's Golden Jubilee. One purpose of the redesign was to replace portraits of the queen which had changed little since her youth, and which no longer resembled the monarch, who was nearing her seventieth birthday. Mint officials and politicians also sought to reduce dependence on the half sovereign, a gold coin worth ten shillings which was expensive to strike, by issuing the double florin (four shillings) and reintroducing the crown (five shillings) coin. They may also have intended a further decimalisation of the coinage after the introduction of the florin (two shillings, or one-tenth of a pound) in 1849. (Full article...)

    The double florin, or four-shilling piece, was a British coin produced by the Royal Mint between 1887 and 1890. One of the shortest-lived of all British coin denominations, it was struck in only four years. Its obverse, designed by Joseph Boehm and engraved by Leonard Charles Wyon, depicts Queen Victoria, whilst the reverse, featuring national symbols of the United Kingdom, was designed by Wyon based on the coinage of Charles II.

    The double florin was introduced as part of a coinage redesign that took place in 1887, the year of Queen Victoria's Golden Jubilee. One purpose of the redesign was to replace portraits of the queen which had changed little since her youth, and which no longer resembled the monarch, who was nearing her seventieth birthday. Mint officials and politicians also sought to reduce dependence on the half sovereign, a gold coin worth ten shillings which was expensive to strike, by issuing the double florin (four shillings) and reintroducing the crown (five shillings) coin. They may also have intended a further decimalisation of the coinage after the introduction of the florin (two shillings, or one-tenth of a pound) in 1849. (Full article...)
  • Image 13 The three-dollar piece was a gold coin produced by the United States Bureau of the Mint from 1854 to 1889. Authorized by the Act of February 21, 1853, the coin was designed by Mint Chief Engraver James B. Longacre. The obverse bears a representation of Lady Liberty wearing a headdress of a Native American princess and the reverse a wreath of corn, wheat, cotton, and tobacco. In 1851, Congress had authorized a silver three-cent piece so that postage stamps of that value could be purchased without using the widely disliked copper cents. Two years later, a bill was passed which authorized a three-dollar coin. By some accounts, the coin was created so larger quantities of stamps could be purchased. Longacre, in designing the piece, sought to make it as different as possible from the quarter eagle or $2.50 piece, striking it on a thinner planchet and using a distinctive design. (Full article...)

    The three-dollar piece was a gold coin produced by the United States Bureau of the Mint from 1854 to 1889. Authorized by the Act of February 21, 1853, the coin was designed by Mint Chief Engraver James B. Longacre. The obverse bears a representation of Lady Liberty wearing a headdress of a Native American princess and the reverse a wreath of corn, wheat, cotton, and tobacco.

    In 1851, Congress had authorized a silver three-cent piece so that postage stamps of that value could be purchased without using the widely disliked copper cents. Two years later, a bill was passed which authorized a three-dollar coin. By some accounts, the coin was created so larger quantities of stamps could be purchased. Longacre, in designing the piece, sought to make it as different as possible from the quarter eagle or $2.50 piece, striking it on a thinner planchet and using a distinctive design. (Full article...)
  • Image 14 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 15 The Missouri Centennial half dollar is a commemorative fifty-cent piece struck by the United States Mint in 1921. It was designed by Robert Ingersoll Aitken. The US state of Missouri wanted a commemorative coin to mark its centennial that year. Legislation for such a coin passed through Congress without opposition and was signed by President Warren G. Harding on his inauguration day, March 4, 1921. The federal Commission of Fine Arts hired Aitken to design the coin, which depicted Daniel Boone on both sides. The reverse design, showing Boone with a Native American, has been interpreted as symbolizing the displacement of the Indians by white settlers. To increase sales, a portion of the issue was produced with the mark 2★4, symbolic of Missouri being the 24th state. Although admired for the design, the coins did not sell as well as hoped, and almost 60 percent were returned to the Philadelphia Mint for melting. There are fewer coins with 2★4 than without, but they remain near-equal in value. (Full article...)

    The Missouri Centennial half dollar is a commemorative fifty-cent piece struck by the United States Mint in 1921. It was designed by Robert Ingersoll Aitken. The US state of Missouri wanted a commemorative coin to mark its centennial that year. Legislation for such a coin passed through Congress without opposition and was signed by President Warren G. Harding on his inauguration day, March 4, 1921. The federal Commission of Fine Arts hired Aitken to design the coin, which depicted Daniel Boone on both sides. The reverse design, showing Boone with a Native American, has been interpreted as symbolizing the displacement of the Indians by white settlers.

    To increase sales, a portion of the issue was produced with the mark 2★4, symbolic of Missouri being the 24th state. Although admired for the design, the coins did not sell as well as hoped, and almost 60 percent were returned to the Philadelphia Mint for melting. There are fewer coins with 2★4 than without, but they remain near-equal in value. (Full article...)
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The Bank of Scotland was the first bank in Europe to successfully print its own banknotes

Banknotes of Scotland are the banknotes of the pound sterling that are issued by three Scottish retail banks (Bank of Scotland, the Royal Bank of Scotland and Clydesdale Bank) and in circulation in Scotland. The Bank of Scotland, the oldest bank operating in the country, was the first bank in Europe to successfully print its own banknotes in 1695. The issuing of banknotes by retail banks in Scotland is subject to the Banking Act 2009, which repealed all earlier legislation under which banknote issuance was regulated, and the Scottish and Northern Ireland Banknote Regulations 2009. Currently, three retail banks are allowed to print notes for circulation in Scotland: Bank of Scotland, Royal Bank of Scotland, and Clydesdale Bank.

Scottish banknotes are unusual, first because they are issued by retail banks, not government central banks, and second, because they are not legal tender anywhere in the United Kingdom. Scottish bank notes are not legal tender even in Scotland, where, in law, no banknotes, even those issued by the Bank of England, are defined as legal tender. Formally, they are classified as promissory notes, and the law requires that the issuing banks hold a sum of Bank of England banknotes or gold equivalent to the total value of notes issued. (Full article...)

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Credit: Richardfabi and Sniff

Medal depicting Pope Clement XI.

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Newfoundland 2 dollar coin
Reverse, Newfounland two dollars
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The British decimal two pence coin (often shortened to 2p in writing and speech) is a denomination of sterling coinage equalling 2⁄100 of a pound. Since the coin's introduction on 15 February 1971, the year British currency was decimalised, its obverse has featured four profiles of Queen Elizabeth II. In 2008 the design on its reverse changed from the original depiction of a plume of ostrich feathers with a coronet to a segment of the Royal Shield.

The two pence coin was originally minted from bronze, but changed in 1992 to copper-plated steel. (Full article...)

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100 000 000 b.‑pengő (1020 pengő). Highest numbered banknote issued during the worst hyperinflation in the history.

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The following are images from various numismatics-related articles on Wikipedia.
  • Image 1Genoese doppia, 1589 (from History of money)
    Genoese doppia, 1589 (from History of money)
  • Image 2Genoese scudo, 1541 (from History of money)
    Genoese scudo, 1541 (from History of money)
  • Image 3Coin 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 4The 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 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 6The 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 7A $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 8A 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)
  • Image 9Song dynasty Jiaozi, the world's earliest paper money (from Currency)
    Song dynasty Jiaozi, the world's earliest paper money (from Currency)
  • Image 10A 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 11Fifty-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 12Roman 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 13Roman sestertius of Nero, c. 54–68 AD (from History of money)
    Roman sestertius of Nero, c. 54–68 AD (from History of money)
  • Image 14The 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 15Cowry shells being used as money by an Arab trader (from Currency)
    Cowry shells being used as money by an Arab trader (from Currency)
  • Image 16The 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 17Silver 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 18The 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)
  • Image 19A 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)
  • Image 20The 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 21Marco 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 22Fed 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 23The 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 24A Yuan dynasty printing plate and banknote with Chinese words. (from Banknote)
    A Yuan dynasty printing plate and banknote with Chinese words. (from Banknote)
  • 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 26French 1992 twenty Franc Tri-Metallic coin (from Coin)
    French 1992 twenty Franc Tri-Metallic coin (from Coin)
  • Image 27Collage 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 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 29Coins can be stacked. (from Coin)
    Coins can be stacked. (from Coin)
  • Image 30Obverse and reverse of an old American $100 note (1928) (from Banknote)
    Obverse and reverse of an old American $100 note (1928) (from Banknote)
  • Image 313 Rubles proof coin of Russia, minted in 2008 (from Coin)
    3 Rubles proof coin of Russia, minted in 2008 (from Coin)
  • Image 32100 USD banknote (from History of money)
    100 USD banknote (from History of money)
  • Image 33Genoese 10 doppie, 1641 (from History of money)
    Genoese 10 doppie, 1641 (from History of money)
  • Image 34Many 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 35Bimetallic Egyptian one pound coin featuring King Tutankhamen (from Coin)
    Bimetallic Egyptian one pound coin featuring King Tutankhamen (from Coin)
  • Image 36An 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 37Roman denarius of Julius Caesar, 44 BC (from History of money)
    Roman denarius of Julius Caesar, 44 BC (from History of money)
  • Image 38Holographic 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 39Chinese 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)
  • 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 41A 2000 Romanian lei polymer banknote (from Banknote)
    A 2000 Romanian lei polymer banknote (from Banknote)
  • Image 42Greek 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)
  • 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 44When 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 45Shredded 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 46An 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)
  • Image 47Hoard of mostly Mauryan Empire coins, 3rd century BC (from Coin)
    Hoard of mostly Mauryan Empire coins, 3rd century BC (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 49Gandharan "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 50Early punch-marked coins of Gandhara, Taxila-Gandhara region. (from Coin)
    Early punch-marked coins of Gandhara, Taxila-Gandhara region. (from Coin)
  • Image 51Song dynasty Jiaozi, the world's earliest paper money. (from Banknote)
    Song dynasty Jiaozi, the world's earliest paper money. (from Banknote)
  • Image 521884 United States trade dollar (from Coin)
    1884 United States trade dollar (from Coin)
  • Image 53A 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 54Shredded 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 55Athenian 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 56Russian American Company-issued Alaskan parchment scrip (c. 1852) (from Banknote)
    Russian American Company-issued Alaskan parchment scrip (c. 1852) (from Banknote)
  • Image 57Name of currency units by country, in Portuguese (from Currency)
    Name of currency units by country, in Portuguese (from Currency)
  • Image 58Earliest 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 59Shredded 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 60Spade 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 61Silver 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)

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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See also: Category:Currency lists

Central banks • Currencies • Circulating currencies • Historical currencies • US community currencies • Canadian community currencies • Mints • Motifs on banknotes • Most expensive coins

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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 		Symbol or
Abbrev.[2] 		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 ¥, 元 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
Other currencies 2.0% 2.4% Increase 0.4pp
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.
  2. ^ "Currency Units". Editorial Style Guide (PDF). World Bank Publications. p. 134–139.

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