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The Numismatic Museum in Athens Search for: A priceless treasure in the heart of Athens, the Numismatic Museum pays tribute to Greece’s integral role in the intricate history of coinage, serving as a key source of information on matters of economy from antiquity and beyond. Housing a collection of over 500,000 coins, medals, gems, weights, stamps and related artefacts from the 14th century BC to modern times, this collection constitutes one of the richest in the world, paralleled by those of the British Museum in London, the Bibliothèque Nationale in Paris, the State Hermitage Museum in St. Petersburg, the Bode Museum in Berlin, and the American Numismatic Society in New York. ....
There is a commonly encountered conventional distinction between coins and tokens such that coins are produced and issued by governments as legal tender, whereas tokens are produced and issued by private businesses and derive their value only from their redemption by the issuer. This distinction is useful for many purposes, but like most definitions, it runs into problems in situations where the real world turns out to be more complicated than the unstated assumptions that underlie the distinction. One of these assumptions is that official money is actually produced and issued by governments. Leaving aside the very substantial problem of banknotes and other forms of non-metallic money, this assumption fits fairly well with the experience of coinage in 20th-century practice in major economies, which of course is the formative experience of many recent numismatic writers but it is not universally true historically. ....
Every literally got away with murder. Nobody could catch him, even though the King of England put a bounty over his head. He vanished under the identity of a slave trader and finally made off to Ireland in 1696 but not without dropping a few telltale coins first. Jim Bailey found one of those coins. That wasn’t the only thing he found. The amateur historian, who had previously assisted archaeologists with investigating the sunken secrets of a pirate shipwreck, has done research so extensive that even professionals in the field are impressed. What made Bailey’s coin stand out was that it was an Arabian coin of the same type that you would expect to find on the Ganj-i-Sawai, which was the ship Every suddenly attacked as it returned Muslim pilgrims home to India after a pilgrimage to holy Mecca. ....
A 17th-century Arabian coin discovered by Jim Bailey. Courtesy of the American Numismatic Society via Flickr. A small trove of 17th-century Arabian coins has been unearthed in various locations across New England. They may help solve a centuries-old mystery surrounding a heinous ocean heist and the nefarious band of pirates who perpetrated it. Jim Bailey, an amateur anthropologist and metal detectorist, discovered the first coin at a Middletown, Rhode Island fruit farm back in 2014. Research later proved that the coin was minted 1693 in Yemen, making it the oldest object of its kind ever discovered in North America, according to the Associated Press. Its presence was a major surprise, since evidence shows that American colonists didn’t travel to the Middle East until decades later. ....
Ancient Coins May Solve Age-old Murder Mystery The URL has been copied to your clipboard 0:00 0:06:04 0:00 A few coins found in rural areas of the United States, including the state of Rhode Island, may help solve one of the oldest murder mysteries. A 17th century Arabian silver coin, top, that research shows was made in 1693 in Yemen, rests near an Oak Tree Shilling made in 1652 by the Massachusetts Bay Colony, below, and a Spanish half real coin from 1727. (AP Photo/Steven Senne) The murderer in this story is an English pirate who became the world’s most-wanted criminal. His crime? He attacked and robbed a ship carrying Muslims traveling home to India from Mecca. The pirate then escaped capture by ....