Solomon Islands Currency: The Numismatic Business
By Daniel Haridi, Chief Manager of Currency & Banking Department
Article No. : 05/2017
The word numismatic in the CBSI context refers to coins that are minted or made, depicting certain events to be commemorated for collectors. There are collectors who collect items for either fun or hobby, for example, collectors of items like stamps, candy bars, beers etc. With regards to coins, there are collectors who collect coins for fun or as a hobby as well. There are also the more serious collectors who collect coins for the intrinsic value of the coins. This group of collectors look at the investment potential from coin collecting because of the alloy composition of the coins like gold or silver. Still others want to collect coins because of the exotic nature and often the rarity of the coin due to errors from minting or because they are considered ancient.