The first known coin collector was Petrarch, who lived way back in the 15th century. A century later, Hubert Goltz visited a number of coin collectors throughout Europe and estimated that were approximately 960 collections in total. Numismatics gradually became a favorite hobby of royalty. Francis I of Austria wrote about his collection of gold coins in 1756. The British Museum established one of the first coin catalogues. From this have emerged more than 100 publications devoted to coin collecting.
Today the word coin refers to standard issue, commemorative or presentation pieces duly authorized by the federal mint. This excludes coins privately minted coins. The most common substances used in making coins are gold, silver, copper and nickel. Alloys, such as copper and nickel, are also used to produce coins, such as the US 25 cent piece, that are less expensive to produce than single metal coins.
There are many different types of coins for collecting. One can collect a specific denomination by date of issue, country of issue, mink mark, proof sets, uncirculated condition, metal content, design or mint errors. It is ultimately up to the collector to decide what to...
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