The History Of Numismatics Is Fascinating To Many Who Buy At US Gold Bureau

in Coin

For those investors who patronize services such as US Gold Bureau, an interest in the history of numismatics often comes with the territory. Numismatics is the study and collection of coins and other types of currency, but is generally focused on coins of the past when the term is used today. At the United States Gold Bureau there are numerous examples of investment coins in gold, silver and platinum that fall into this category, but the history behind numismatics itself is also fascinating because it stretches further back than many people realize. In fact, Caesar Augustus, the famed ruler of ancient Rome is said to be the first to practice this particular habit according to records historians have access to today.

Petrarch is another name that may be known to some US Gold Bureau investors because not only was he what is considered one of the first coin collectors of the Renaissance, he is also a noted scholar, poet and much of his work contributed to the modern day Italian language. The reason that coins are the primary focus of modern numismatics is that throughout history, they have been a standard. Paper based currency is fairly recent, compared to coins, and it does not endure circulation the way coins do. This is why investors at sites like U.S. Gold Bureau often consider coins a better choice for their numismatic inclinations.It should be noted that prior to the mid 1600's AD, not many coins remain today. For this reason, modern numismatics enthusiasts tend to build their coin collections around coins minted after this date.

At U.S. Gold Bureau there are those that collect to invest, those that enjoy the historical aspect of collecting and even those who purely appreciate the aesthetic aspects of coins, seen in the creativity exercised in their designs. Errors are one thing that interest certain coin collectors because these coins are often especially rare. As their name implies, these are coins that have a mistake that made it through the minting process. Some United States Gold Bureau collectors may prefer more fascinating designs such as certain Indian Head coins that feature an incuse style design. This means the design itself sinks into the coin rather than raising above the coin's surface as we see in modern coins. This was not done for long, but it is a type of design that is of much interest to certain collectors today purely because it is different than most other US coins.Of course, it is fair to say that this is a hobby with more than just fascination coming into play.

Coins collected and well preserved certainly do increase in value and it is no secret that this is exactly why many people decide to get started in numismatics. Yet, whether hoping for a future return or just for the joy of it, this is one passion that is always rewarding for those involved in it.

 

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Colleen McGuire has 3 articles online

Colleen McGuire is a writer for prominent numismatic publications as well as a collector who uses sites like US Gold Bureau to find quality coins. When not writing she enjoys the beach with her daughter and son.

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The History Of Numismatics Is Fascinating To Many Who Buy At US Gold Bureau

This article was published on 2012/05/27