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When Did Coin Collecting Start?

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Ben's Avatar
United Kingdom
4208 Posts
 Posted 07/05/2012  6:34 pm Show Profile   Bookmark this topic Add Ben to your friends list Get a Link to this Message Number of Subscribers
I mean, surely there were Roman coin collectors - Theres such diversity! I would think that coin collectors existed through the centuries - So why are there no caches of 1 of everything?! Why do people not find caches of wide variety around?

What are your thoughts?
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DavidUK's Avatar
United Kingdom
2624 Posts
 Posted 07/05/2012  7:13 pm  Show Profile   Bookmark this reply Add DavidUK to your friends list Get a Link to this Reply
Its an interesting question and one I hadn't really thought about but I guess that modern materials probably play a part.

True some collectors do just dump coins into jars but really the pleasure of collecting is in presenting a collection nicely and in a way that preserves its contents (particularly with bank notes)

There are some famous cases of rare coins being buried beneath buildings, of time capsules being buried with some currency and tins containing someones secret stash being discovered but you are right not too often a "collection"

Well I guess if I was 80 years old with no children, no wife and failing health then I could do worse than buy a big waterproof trunk, seal up my folders and boxes in polythene, put them inside and bury it for some future archeologist to discover. Lets face it though most collections get handed down; very often to someone who breaks up the collection by selling the contents.

I wonder what the next 100 years holds for my collection...in hard times I have sold a few of the gold coins but the bulk of it remains intact and once again it is growing. I hope when I am gone it falls into the hands of someone who keeps it together and enjoys it rather than someone who just wants to sell it for short term gain.
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Sap's Avatar
Australia
16826 Posts
 Posted 07/05/2012  7:52 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
The oldest known reference to people "collecting coins", and specifically to people paying more than face value to own a coin, is in Pliny the Elder's encyclopedic "Natural History", Volume 33 (the volume on Metallurgy and metals), Chapter 46, commenting on the methods of falsification of silver coins:

Quote:
It is truly marvellous, that in this art, and in this only, the various methods of falsification should be made a study: for the sample of the false denarius is now an object of careful examination, and people absolutely buy the counterfeit coin at the price of many genuine ones!

So the "first coin collectors known to history" were people buying a reference collection of fake denarii, to help them spot fake coins in circulation.

There are other references that imply at least an interest in and curiosity about old coins, if not "collecting" in the modern sense. Suetonius, in his history of the early Empire, "The Twelve Caesars", records of Emperor Augustus, Chapter 75:

Quote:
On the Saturnalia, and at any other time when he took it into his head, he would now give gifts of clothing or gold and silver; again coins of every device, including old pieces of the kings and foreign money...


Nevertheless, there have been a couple of coin hoards discovered that appear to have been assembled as "collections", rather than simply as piles of money: hoards with minimal duplication of types, with mixtures of local bronze coinages and with obsolete withdrawn coins mixed up with newer coins. SO it can indeed be assumed that coin collecting existed, but it certainly wasn't as common back then as it is today.

Part of the problem with "coin collecting" as a hobby in the ancient world is the lack of information about coins that would have been available to a collector in ancient times. These days, you can go into just about any bookstore in the Western World and find a coin catalogue for your own country's coins, and probably a Krause catalogue for the coins of other countries. But as far as we can tell, nobody in ancient times ever wrote a coin catalogue about the coins that they encountered. And governments wouldn't have issued proclamations about new coin releases; back then, the issuing of coinage was a form of public proclamation. Without information about what coins are available to collect, the best a "collector" could have aimed for is an accumulation.

Coin collecting did not become popular with the European nobility until after Petrarch wrote on the subject, at the beginning of the Renaissance. None of the great coin collections of Europe date back any earlier than the 1300s; even the Vatican coin collection wasn't started until pope Boniface VII (1294-1303).

In ancient China, on the other hand, coin collecting seems to have been far more popular with the middle classes for a much longer time period. There are historical references to coin catalogues being written as far back as 500 AD. The early mediaeval Tang Dynasty even produced what one could reasonably call "Proof NCLT coins": cash coins made from the same style moulds as normal coins, but more carefully written, and made of silver or gold rather than the usual bronze.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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oh my florin's Avatar
Australia
1006 Posts
 Posted 07/05/2012  10:29 pm  Show Profile   Bookmark this reply Add oh my florin to your friends list Get a Link to this Reply
Coin collecting is probably just as old as coins themselves but if you want the oldest coin collection you need to look at around the fourtenth century by a person called Petrarch but coins have been collected along time before this with a book "The twelve caesars" written in the first century which confirmed that Emperor Augustus had gifted old and exotic coins to friends and courtiers during festivals and other special occasions.

THANKS WIKIPEDIA
Bedrock of the Community
United States
20753 Posts
 Posted 07/05/2012  10:43 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
HHHMMMMmmm. Subject not covered in the Red Book at all.
I think one of the problems with finding out when coin collecting started is that the Coin Albums were made of materials that just rotted away. Picture a Coin Album made of wood. Or going into a bank a few thousand years ago and asking for rolls of coins.
And who is to say what type of coins the cave men used and if they collected them too.
Or just read what Sap wrote.
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