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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.
Coin grading [1] is the process of determining the grade or condition of a coin, one of the key factors in determining its collectible value. A coin's grade is generally determined by six criteria: strike, preservation, luster, color, attractiveness, and occasionally the country/state in which it was minted. Several grading systems have been ...
This Deutsche Mark coin shows blemishes and rim dents that would detract from its grade in appraisal. 3D red cyan glasses are recommended to view this image correctly. In coin collecting, the condition of a coin (its grade ) is key to its value; a high-quality example with minimal wear is often worth many times more than a poor example.
The NGC Census reports how many examples of each issue NGC has certified by grade, which helps determine relative rarity. Census figures are often falsely inflated due to resubmissions of the same coins. NGC Coin Price Guide lists pricing data for most US coin (and some modern Chinese) issues. NGC Auction Central reports auction prices realized ...
The GreatCollections.com website launched in late 2010, facilitating the sale and purchase of coins and paper money in online auctions. [6] It has since become well known for auctioning rare examples of American currency, [7] [8] such as the Cigarra Collection, [9] and a collection of Indian Head nickels that sold for over $500,000. [10]
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