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There are a lot of people who are quite passionate and ardent numismatist. So what is this numismatics or the so called numismatics. To put it in simple terms, the term numismatics is nothing but a collection and study of money, medals, coins, etc. It is nothing but a particular science that originated as an interesting hobby of the kings. Historians believe that somewhat in the 16th or 17th century in Britain, this particular hobby became a rage.