Coin Collecting is one of the fascinating hobbies of all time and ages. Coins recount the story of humanity from the beginning of early monetary systems to the present structure. Each coin has a story to tell, where you can grasp history.
The collecting of rare coins was initially known as the Hobby of Kings. It is because many members of Royalty have engaged in this passion for centuries around the world. Coin collecting dates to ancient Rome from the 1st Century, and today this leisure activity is appreciated around the world.
The rich and famous have continuously collected coins as part of their genealogy or for investment and pleasure in the delight of owning a rare coin that no one else has. The following are some of the most notable coin collections.
National Numismatic Collection at the Smithsonian Institute
National Numismatic Collection (NNC), also known as The Smithsonian Collection, is the world’s largest numismatic collection. It is also the national coin cabinet of the United States. It includes approximately 1.6 million coins tokens, medals, and other numismatic objects. The Smithsonian now has almost 20,000 United States coins, including Colonials, Territorial issues, patterns, and other Americana issues, and more than 460,000 world coins.
Edward C. Rochette Money Museum
The Edward C. Rochette Money Museum is at the American Numismatic Association located in Colorado Springs. It is the largest museum committed to the study of United States coins and currency that likewise covers the history of numismatics. It houses 250,000 pieces, the collections including the famous rare coins like the George O. Walton specimen 1913 Liberty Head Nickel, and an 1804 Draped Bust Silver Dollar, and one of 1866 No Motto Seated Liberty Silver Dollars.
Louis E. Eliasberg, Sr. Collection
Louis E. Eliasberg, Sr, an American financier and numismatist, was known as “The King of Collectors”. He is the only person to build a complete set of United States coins. His goal of collecting every single US coins was achieved when he purchased the last US gold coin and silver dime missing in his collection.
The collection was divided between his two children after his death. The coins were sold in three auctions realizing around $50 million.
Mint Cabinet Collection
Adam Eckfeldt began the Mint cabinet collection in 1838. Adam Eckfeldt was a coiner in the US Mint who started collecting coins in 1792. He spent his own money to acquire coins for the Mint, setting aside the finest US coins each year. The Smithsonian took over this collection in between 1923 and 1928. The objects in the Mint were approximately 14000 items based on the 1914 Mint compilation.
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