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While people began collecting paper currency more systematically in the 1940s, the turning point occurred in the 1970s when notaphily was established as a separate area by collectors. The term was coined in 1970 by Robert Stanley, a linguist then employed as Public Relations Manager of the collectors and investments firm Stanley Gibbons , in a ...
Numismatics is the study or collection of currency, including coins, tokens, paper money, medals, and related objects.. Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includes the broader study of money and other means of payment used to resolve debts and exchange goods.
Numismatics (ancient Greek: νομισματική, meaning "monetary") is the scientific study of money and its history in all its varied forms. While numismatists are often characterized as studying coins , the discipline also includes the study of other types of money, such as banknotes , stock certificates, medals , medallions, and tokens ...
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A currency refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins. [1] [2] A more general definition is that a currency is a system of money (monetary units) in common use, especially in a nation. [3]
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