Q&A

Questions and Answers asked and answered by members and friends of the Crescent City Coin Club.  Got a numismatic question?  Click here to e-mail it for an answer!


 

Q

What does "numismatic" mean?

A

Numismatic is defined in the dictionary (The American Heritage Dictionary - Second College Edition) as "pertaining to coins and currency."  The reference is to numismatics which is "the study or collection of money, coins, and often medals."  But these definitions do not give justice to the art and science of numismatics.  By studying and collecting coins, currency, medals, and even tokens from different times and places, you can't help but learn about people, history, and geography while investing in items likely to increase in value over the years.

Q

Why do people collect coins?

A

People collect coins for the same reason that they collect most anything else, because they enjoy it!  Collecting coins offers the "thrill of the hunt" for coins of specific types, dates, mint marks, and varieties.  Also, coins don't take-up much room and they are durable if cared for properly.  Coins typically increase in value over time and certain coins can be graded by professional grading services and "slabbed" making them more acceptable as investment instruments.  But mostly, people collect coins because they enjoy learning about people, history, art, geography, economics, and most anything else that can be depicted on a coin!

 
 
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