Numismatic Coin Collecting Is The Hobby Of Kings

March 5th, 2010 by John

Numismatic coin

Numismatics, the study of money and the collection of coins, began hundreds of years ago. Numismatic coin collecting became known as the “hobby of kings” because typical coin collectors were royals, nobility and people of privileged backgrounds. Today anyone can enjoy the fascinating hobby of collecting coins.

In ancient Rome, Ceasar Augustus, the Roman Emperor, was known for distributing all kinds of coins to the people as Saturnalia gifts. In 1355, the Holy Roman Emperor Charles IV was presented a collection of coins by Petrarch. Petrarch, an Italian scholar and poet, is considered the first Renaissance coin collector.

Other well-known collectors include Pope Boniface VIII, Holy Roman Emperor Maximillian, King Louis XIV of France and Ferdinand I. The very first book about coins, De Asse et Partibus, was written in 1514 by Guillaume Bude.

In the early 19th century, coin collecting societies and associations began. The Royal Numismatic Society began in 1836. It still exists today and publishes the Numismatic Chronicle, a journal of coin collecting. The American Numismatic Society began in 1858. In 1866 it began publishing the American Journal of Numismatics. Today the largest coin collection in America is owned by the society. Located in New York City, it has 800,000 coins of all kinds.

Over time, more and more people discovered this fascinating hobby. Most are amateur collectors who simply enjoy the coins. Others are professional and grade coins according to the Sheldon Scale. Numismatics has room for every kind of coin collector.

Collecting coins is an easy hobby to begin and is enjoyed by people of all ages and walks of life. It does not cost a lot of money and most of the supplies to get started are already in most homes. If you are beginning a collection with little to no budget, all a person needs to start a coin collection is a box, coins and an interest in them.

If you have a bit more to spend on supplies you will want to purchase an album and/or small paper envelopes. These things are used to protect the coins. You will also need a magnifying glass between 5x and 8x and a book for identifying and pricing the different coins.

Advanced coin collectors can purchase as many supplies as their budgets allow. The sky is the limit. Advanced coin collectors may want to specialize in collecting coins from a specific era or part of the world. Some coin collectors may want to collect the same coins in each year they were minted. Others may decide to learn how to grade the coins.

Numismatic coin collecting is a great hobby for people of all ages. The degree of involvement can be tailored from very simple coin collecting for children all the way up to the level of a professional coin collector. The most important thing when first beginning to collect is to take it slow and have fun with your new hobby and share it with your friends and family. Who knows, maybe you will get them involved in coin collecting, too.

If I told you that I knew how to get free silver and gold every month, would you want me to tell you or keep it to myself?

To YOUR Success

John Stone
Online Marketing Coach

John Stone Marketing
740-258-5622
JohnStone@JohnStoneBlog.com
http://JOHNSTONEBLOG.COM

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  18. Ray Higdon Says:

    Love the Coins!

    Ray

  19. John Stone Says:

    Thanks Ray! Mr 6 Star!
    John

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