Glossary - Numismatic definitions - Coins and UK

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Numismatic definitions

Like most fields of expertise, numismatics has its own lingo. Find the numismatic definition of a term by entering it in the field below.

Inflation Money

Coins produced as a result of inflation date back to Roman times when obverse minimi, little bigger than a pinhead, circulated as denarii. Nearer the present day inflation has had devastating effects on the coinage and banknotes of Germany (1921-23), Austria (1923), Poland (1923), Hungary (1946), Greece (1946) and many Latin American countries since the 1980s. Hungary holds the record for the highest value of any note ever issued - one thousand million adopengos, equivalent to 20,000,000,000,000,000,000,000,000,000 pengos.

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