Where did the word “numismatics” come from? First documented as an English word in the early part of the 1800s, this word derived from a French adjective, numismatiques, which means "of coins." In turn, that word came from the Latin word for “coin.” The meaning of the word gets even more interesting when the Latin word gets traced back to the original Greek that it was borrowed from. After some iterations, the word came from the Greek nemō, or "I dispense or divide."

Numismatic

Mints of the World: Monnaie de Paris

The Monnaie de Paris has been open since the year 864 A.D.

Screenshot of http://www.monnaiedeparis.com/en_US/

The Mints of the World series in Coin World's Collector Basics provides readers with basic information on mint facilities around the globe and links to past coverage of them. 

Monnaie de Paris

Open since: 

864 A.D.

Phone: 

+33 (0)1-40-46-59-30

Email:

presse@monnaiedeparis.fr

Website: 

http://www.monnaiedeparis.com/en_US/

Address: 

(Office) 11, quai de Conti - 75006 Paris
(Shop) 2, rue Gueneguad - 75006 Paris

Hours:

Shop: 11 a.m. to 7 p.m. (closed Sunday)

Exhibition, 11 a.m. to 7 p.m. (10 p.m. on Thursday)

Find Monnaie de Paris on social media: 

Facebook | Twitter | YouTube

Some related Coinworld.com coverage: 

France plans 2015 circulating €2 coin for peace after World War II

A bar in England actually accepted this awful-looking counterfeit

Eiffel Tower soars on new coins from Monnaie de Paris

World Cup 2014 curved coin for sale from Monnaie de Paris


Community Comments

Numismatics is about more than just coins.

While many people use numismatics as a general term to refer only to the study of coins, this word actually refers to the study of all kinds of money. As such, it includes the study of coins and also paper bills, tokens, and other related objects that have been used as currency by various people throughout history, as well as noncurrency items like medals. Some kinds of money used at different points in history might surprise novice numismatists; for example, a culture might have used shells as a currency. 

Barter, or the trade of objects and services for other objects and services, has long been used in the marketplace and continues today. In some cases, the line between barter and currency still provides a topic of debate, but in most cases, articles about numismatics cover subjects like coins and paper money. Numismatics might become easier to comprehend by understanding the numismatic values of coins and paper money, and this refers to the value of a coin or note that is higher than the intrinsic or face value. In other words, this could also be called the collectible value. For example, a historical gold coin has an inherent value that is based upon its bullion value. It may also have a face value, or the actual value of the money assigned by the country that produced it. However, that same coin might be worth much more than the gold or the face value because it is rare, historically significant, beautiful, and/or designed by a famous artist.

Ultimately, understanding numismatics really depends upon understanding the nature of money. In the past, money might have been shells, gems, or precious metals. Today, most societies rely upon coins and paper money, but in this digital age, even that has begun to change as billions of dollars get exchanged every day electronically without the need for physical currency. Even more revolutionary, there are new digital currencies that have never been based upon any nation's physical currency. As it has in the past, it is likely that the study of numismatics will continue to evolve as currency evolves.