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A Brief History Of Coins

One of the most popular hobbies today is coin collecting. Anyone can start collecting coins anytime and any day. You may begin by collecting the coins you have in your piggy bank, or in your pocket. Coin collecting starts to get more interesting, and sometimes more costly, when a collector is willing to cough up a considerable amount of cash for a particular coin, like a vintage or turn-of-the-century variant. Many veteran coin collectors buy expensive coins to shore up the value of their repository.

Today, millions of people all over the world are fascinated about the art of coin collecting. Most of the famous museums on the planet showcase collections of rare and valuable coins. In the United States, the Smithsonian Museum in Washington D. C. and the American Numismatic Society in New York City feature an impressive collection of ancient and vintage coins. Valuable information and education regarding the art of collecting coins is also offered by these institutions.

Although it may be quite hard to pinpoint the early beginnings of coin collecting, it is believed that the hobby began after the first coins were minted in 650 B.C. The Greeks were among the early advocates of minting coins from precious metals, wherein they designed coins which had depictions of gods, goddesses, and mythical heroes. Coins were created during this period to facilitate a more formal exchange of goods and services. Precious metals such as gold or silver were minted into coins, which served as the primary mode of payment, and slowly eradicated the primitive barter trade system.

The art of coin collecting refers to the trading and collection of coins or other forms of legally minted currency, and usually the most valuable ones are those that had been minted with errors, featured unique and historically-interesting designs or figures, or had been circulated for only a short period. Numismatics refers to the study of currency, and is closely related to the art of coin collecting.

Coin Collecting turned into a passion for a lot of famous persons during the Renaissance, and among noted coin collectors were the popes of the Roman Catholic Church, and even kings and other royalty figures. This hobby was soon alluded to as the “The Hobby of Kings”, and famous figures such as Kings Louis XIV of France, Ferdinand I, and Henry IV of France were noted to be among the most well-known of coin collectors. A renowned Italian scholar named Francesco Petrarca, who was also called the father of the Renaissance, became the first coin enthusiast to revitalize the hobby of coin collecting. Petrarca was also considered to be among most famous of coin collectors during this period.

HERMAN KLEIN is a coin collecting expert. For a great coin collecting guide be sure to visit http://www.coincollectingstartshere.com.

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