The head of the department also noted that a museum of numismatics
will be created in southern region to introduce foreign and local currency coins and coins to foreign tourists coming to our country.
Earlier, several reports said the Philippines may face a "very serious coin shortage" after the Numismatic
Committee allegedly recommended "multi-ply" technology in the production of all coin denominations in the country.
The exhibition, which runs to March 28, covers the changes in numismatics
- the study of currency - since the society first met at Newcastle's Black Gate in March 1954, including decimilisation in 1972, the withdrawal of the farthing in 1960, the one pound coin replacing the one pound note and the introduction of new 20p and PS2 coins.
For the first four specimens, all of which are preserved at the American Numismatic
Society (ANS), there are accession numbers identifying each coin as well as detailed size and weight information.
Philatelic and numismatic
deals with the monarchy system that what coins were used in earlier days, how rich we were, how many rulers were there who has ruled all parts of India and what all happened in history," Maru explained.
coins derive their value from being rare or collectable.
Commenting on the exhibition, Malcolm Todywalla said, "In the current economic boom, the Indian numismatic
market is becoming stronger.
coins (such as the United States $20 gold piece) derive their value from qualities, such as condition and number minted, which make it rare; metal content is only one of many elements contributing to the value of a numismatic
(or rare) coin.
Images from the American Numismatic
Society's collection accompany the latest values in different conditions, while histories of the token or medal's manufacture are revealing.
In early 1947, the Sundmans began to offer world bank notes, their first foray into numismatic
The American Numismatic
Society, the leading national institution dedicated to the study, collection, preservation and public appreciation of coins, currency, medals and related objects, has signed a 19,000 s/f lease on the 11th floor at 1 Hudson Square, it was announced by Trinity Real Estate, the property owner.
Menzel's study draws from and complements recent symposia sponsored by the American Numismatic
Society and the substantial past and present numismatic
scholarship of Pradeau, Bischoff, Craig, Buttrey, Mishler, Burzio, Kays, Nesmith, Daniel and Frank Sedwick, Bakewell, Sellschopp, and Utberg, among others.