NATIONAL COIN WEEK
The third week in April is National Coin Week. It celebrates a popular hobby: collecting coins, paper money, and other numismatic objects. For the millions of people who enjoy collecting coins and paper money, the fascination with numismatics is linked to culture, history, art, and science.
The word numismatics comes from the adjective numismatic, meaning “of coins.”
Numismatics is called the “Hobby of Kings,” due to its most esteemed founders. Professional societies organized in the 19th century. The Royal Numismatic Society was founded in 1836 and immediately began publishing the journal that became the Numismatic Chronicle.
Numismatics is the study or collection of currency, including coins, tokens, paper money, and related objects.
While mediums of exchange have existed for all time, the first coins, as we know them, were struck under King Ardys, (652-615 B.C.) ruler of Lydia; located in modern-day Turkey. The coins were struck from electrum, a naturally occurring alloy of gold and silver that was found in quantity in the mountains and streams of the country.
Ptolemy I (323-285B.C.) of Egypt was the first ruler to place his own image on the coins issued under his authority, a practice that continues to present day.
HOW TO OBSERVE
- Join your local coin club.
- Design your own coin.
- Visit the coin collector site American Numismatic Association.
- Follow on Social Media #NationalCoinWeek and #GreatAmericanCoinHunt
National Coin Week is sponsored by the American Numismatic Association. The first National Coin Week was held Feb. 9-16, 1924. National Coin Week began in 1923 when American Numismatic Association Governor Julius Guttag suggested that a week-long event should be established “to attract the general public to our hobby and consequently increase our membership, and aid in our science.” That December, the first announcement of a “Coin Week” was made in The Numismatist and scheduled for the week of February 9-16, 1924. In 1942 the observance was moved to the third full week of April, where it has remained ever since.
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