What exactly is money? It seems obvious. There are coins, banknotes, credit cards – wait, a credit card isn’t money, it’s just a means of transferring money, just like a cheque or an early modern bill of exchange. So what is it then? What functions must money fulfil in order to function as money?
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There are coins that do not circulate in the country in whose name they are issued. Are they coins at all? Yes, they are. These coins belong to the category of non-circulating legal tender, which is usually abbreviated to NCLT. A very large proportion of commemorative coins minted today, if not the majority, fall into this category.
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In 1640, a new coin minting technique became popular in France. Jean Varin introduced the balancier. However, the coin smiths at the old Paris mint resisted this change, as this coin shows.
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If you look closely, you can find traces of numismatics everywhere. This is also true in Beeskow, a small district town in Brandenburg. However, coins were only minted there for a very short time.
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CoinsWeekly will be taking a break from July 4 to September 15, 2025, to perfect and implement its new concept. Look forward to opinionated commentary and in-depth numismatic information, when CoinsWeekly is back again after September 15!
At the end of my trip to South Africa, I have the unique opportunity to visit the South African Mint. I’m taking you along on my visit, and that’s something very special: normally, taking photos inside the South African Mint isn’t permitted!
Did you think the South African Mint was the only mint in South Africa? That’s not true. In the heart of Cape Town, a small private mint fulfills all customer needs. I was privileged to visit the Cape Mint and met people there who take great pride in their work.
Today, the Edward C. Rochette Money Museum in Colorado Springs opens its newest exhibition. “The Silk Road(s): A Numismatic Travelogue” will take observers on a journey of commerce, culture, and connections made possible through coinage.
Tulsa, Oklahoma rare coin dealer John Highfill, founder of the National Silver Dollar Roundtable and author of a landmark 1,200-page reference book, The Comprehensive U.S. Silver Dollar Encyclopedia, passed away on June 15, 2025. He was 82.
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