PHALERISTICS

Phaleristics is an auxiliary science of history which studies orders and medals. It is quite an unfamiliar area of investing for an inexperienced collector. However, an experienced investor can do a good business with these items.

What investment items does it include?

• Orders
• Honours
• Medals
• Badges

The word phaleristics is derived from an Ancient Greek word phalera [falera] which refers to metal decorations on the helmets of the warriors and their horses. This word was taken by the Romans and they used it in the form phalerae [falere:] which refers to the military honours. Phalera was a gold, silver, or bronze circular shaped medal with an image of god or goddess worn on the breast of these warriors.

From investment-collector's point of view, it is a very interesting branch of collecting inwhich we can see a lot of promising opportunities:

Řád Bílého lva, vojenská skupina, I. Třída, Stav 1, stříbro zlacené (Karnet a Kyselý)

Total appreciation: 195.000 Kč

Approximate annual increase: 177,2,% p.a

Approximate auction price in 1997: 5.000 Kč

Approximate auction price in 2019: 200.000 Kč