Search: Numismatics

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RBA Glossary definition for Numismatics

Numismatics – Numismatics is generally defined as the collecting of coins, commemorative or military medals and, more recently, the collecting of banknotes.

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Lost Banknotes

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
in numismatic collections and are otherwise unavailable for spending – for the purposes of this paper we will refer to all such banknotes as ‘lost’. ... This suggests that $4–8 billion, or roughly 5–10 per cent of all banknotes on issue, have
https://www.rba.gov.au/publications/rdp/2018/2018-12/lost-banknotes.html

Where's the Money? An Investigation into the Whereabouts and Uses of Australian Banknotes

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
This suggests that $4–8 billion, or roughly 5–10 per cent of all banknotes on issue, have been lost, destroyed, forgotten about, or are sitting in numismatic collections. ... On the other hand, non-transactional cash demand (e.g. hoarding for store
https://www.rba.gov.au/publications/rdp/2018/2018-12/full.html

Cash Used in Legitimate Transactions

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
On the other hand, non-transactional cash demand (e.g. hoarding for store of value or numismatic purposes) is unlikely to contain significant seasonality.
https://www.rba.gov.au/publications/rdp/2018/2018-12/cash-used-in-legitimate-transactions.html