Coin Collecting: History (Part 1 of 6)

(Don’t have time to read this article right now? Jump to the bottom and add to Pocket an Iphone/Android app that reads articles to you. Click here to jump to the bottom.)

I’m also kind of cheating and reblogging a post from Crazee Coins on Facebook. Do feel free to read them all on their Facebook wall or on their blog: 5 PART INSIGHT INTO COIN COLLECTING PART 1/5 .  They currently don’t have these posts on their blog but if they decide to do so I will link directly to it. Crazee Coins is located in 92 Denis Hurley Street, 4001 Durban, KwaZulu-Natal.

In 2010 , Crazee Coins was established to bring you high-quality collector’s coins in a range of designs. We have been building our reserves from past to present and beyond. (Krugerrands, ZAR Coins, Mandela Coins, Union Coins, Republic of South Africa Coins, with a wide variety of mint coins) Our coins are only graded by world renowned grading company NGC & PCGS based in America which is the preferred choice by coin collectors across the globe. Crazee Coins is run by two enthusiastic coin collectors Cuzz & Smiley who will endeavor to find the coin that best suits you.

Coin collecting is the collecting of coins or other forms of minted legal tender.

Coins of interest to collectors often include those that circulated for only a brief time, coins with mint errors and especially beautiful or historically significant pieces. Coin collecting can be differentiated from numismatics in that the latter is the systematic study of currency. Though closely related, the two disciplines are not necessarily the same. A numismatist may or may not be a coin collector and vice versa.

People have hoarded coins for their bullion value for as long as coins have been minted. However, the collection of coins for their artistic value was a later development. Evidence from the archaeological and historical record of Ancient Rome and medieval Mesopotamia indicates that coins were collected and catalogued by scholars and state treasuries. It also seems probable that individual citizens collected old, exotic or commemorative coins as an affordable, portable form of art.
Contemporary coin collecting and appreciation began around the fourteenth century. During the Renaissance, it became a fad among some members of the privileged classes, especially kings and queens where coin collecting became known as the “Hobby of Kings.

During the 17th and 18th centuries coin collecting remained a pursuit of the well-to-do. But rational, Enlightenment thinking led to a more systematic approach to accumulation and study. Numismatics as an academic discipline emerged in these centuries at the same time as coin collecting became a leisure pursuit of a growing middle class, eager to prove their wealth and sophistication. During the 19th and 20th centuries, coin collecting increased further in popularity. The market for coins expanded to include not only antique coins, but foreign or otherwise exotic currency. Coin shows, trade associations, and regulatory bodies emerged during these decades. As one of the oldest and most popular world pastimes, coin collecting is now often referred to as the “KING OF HOBBIES”.

You can also follow Crazee Coins on Twitter.
The Mysterious World of Coin Collecting



  1. […] The Mysterious World of Coin Collecting Coin Collecting: History (Part 1 of 6) […]

  2. […] You can also follow Crazee Coins on Twitter. The Mysterious World of Coin Collecting Coin Collecting: History (Part 1 of 6) […]

  3. […] can also follow Crazee Coins on Twitter. The Mysterious World of Coin Collecting Coin Collecting: History (Part 1 of 6) Coin Collecting: Motivations For Coin Collecting (Part 2 of 6) Coin Collecting: Collector Types […]

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