Question

What is the study of coins called?

Answer 1

Answer:

Numismatics is referred to as currency analysis or collection, comprising coins, tokens, paper money, and similar things.

Modern Numismatics

• The study of the coins from the mid 17th century period is known as Modern numismatics.
• It is the period of machine-struck coins.
• Modern numismatics is usually followed by amateurs instead of scholars.
• The needs of collectors are served more instead of historians under Modern Numismatics.

Numismatics – Subfields

Some of the subfields of Numismatics are mentioned below

Exonumia

• It is the study of coin-like objects such as medals, token coins.
• It is the study of items that are used in place of commemoration or legal currency.

Notaphily

• It is the study of banknotes or paper money.

Check out the video given below to know more about the origin of money

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