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: The Perth Mint

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.  

Perth Mint

Open since:

1899 as a branch of the Royal Mint before becoming a facility of the Government of Western Australia in 1970, and then of Gold Corporation in 1987

Phone:

Mail order and online sales: 1300 663 991 (toll-free); +61 8 9421 7218 (international)
Bullion sales: 1300 201 112; +61 8 9421 7218 
Visiting the mint: 1300 366 520; +61 8 9421 7376

Email:

info@perthmint.com.au

Website:

www.perthmint.com.au

Street Address:

310 Hay Street 
East Perth
WA 6004
Australia

Mailing Address:

GPO Box M294
Perth
WA 6843
Australia

Find the Perth Mint on social media:

Facebook | Twitter | YouTube

Some related CoinWorld.com coverage:

Rough-scaled Python $1 penultimate issue in Perth series 

Gold coin priced at $8,800 Australian has an Argyle pink diamond embbed in it

Second colorful dinosaur coin available from Perth Mint series 

Perth Mint coin celebrates the adventures of Snugglepot and Cuddlepie


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.