Coin collection: a glimpse from the past

When you look closely at everything around you, you’ll realize these beauties would never be if not for the reality of their origin. That is why, history counts most. It is only through understanding its history that you can have a good glimpse of the things before you. Like coins, they too have historical backgrounds. And how can you know it, if you don’t know its humble yet meaningful beginnings The history of coins extend from ancient times and it is specifically related to economics. But, it is highly believed that the art of collecting started around 650 B.C after the first coins were minted. Goods were being traded for precious metal like gold or silver. However due to looming fraud in the trade industry at that time like passing undervalued metals, coins were standardized to a prescribe weights of precious gold until it became the newest form of payment. Aesthetics as to the appearance of the coin were soon introduced by Greeks. It took place during 5th century when Greeks commissioned artists to design the faces and figures on their Greek coins. Common depictions were that of gods, goddesses, and mythical heroes. It was Alexander the Great who popularized realistic designs on the coins instead of idealistic representations. Then, the passion for coin collections stemmed. This hobby was started by the Father of the Renaissance Francesco Petrarca, a 14th century Italian scholar and poet. He was the most famous coin collector in his time. It became so popular that even popes during the Renaissance period were also hooked to coin collections and eventually became a passion. Roman emperors known for paying higher prices than the face value of the coins who were not in circulation were also into coin collections which soon gave birth to the term "The Hobby of Kings", a tile given by the enthusiastic renaissance nobility for coin collections. Other notable personalities in this passion of coin collections also include kings like Louis XIV of France, Ferdinand I, and Henry IV of France. Elector Joachim II of Bradenburg started the Berlin coin cabinet. In 1792, the United States started minting coins with the passage of the Coinage Act. The act legalized the United States dollar as the official unit of monetary exchange throughout the states. The Philadelphia Mint was the first to manufacture US coins when it coined the US Silver Dollar. It was then joined by the Denver Mint in 1906. The San Francisco Mint and the West Point mint mainly produce proof sets and gold coins. Every coin in the United States is marked with a P, D, S or W, depending on the mint where it was produced. And this simple hobby even became outstanding especially when the first international convention for coin collectors was held on August 15 -18, 1962 in Detroit, Michigan attended by 40, 000 people. It was sponsored by the American Numismatic Association and the Royal Canadian Numismatic Association.

Many developments have been noted in coin collections and as time passed by millions of people all over the world are captivated in the passion of coin collecting. As a matter of fact, several museums have been built just to display valuable and rare coin collections. Some of them are Smithsonian in Washington D. C. as well as the American Numismatic Society in New York City which was established in 1891 to encourage education concerning coin collecting.
Adrianna is an avid coin collector. Years ago her grandfather gave her an old coin. That is all it took to get her hooked on collecting old coins. Because Adrianna is a coin collecting fanatic, she has developed a FREE special report. Her years of research and collecting make her an expert so go to http://www.CoinCollectionGuideBook.com to claim your free report now!

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