Obverse: The front (or “heads”) side of a coin Obsolete: A coin design or type that is no longer produced Numismatics: The study and collecting of things that are used as money, including coins, tokens, paper bills, and medals Mylar®: Trademark for a polyester film used to store coins. circulating coins is Latin for “out of many, one” Motto: A word, sentence or phrase inscribed on a coin to express a guiding national principle, such as, “E Pluribus Unum” inscribed on all U.S. Mint Set: A complete set of coins of each denomination produced by a particular mint Mint Mark: A small letter on a coin identifying which of the United States Mint’s facilities struck the coin Mint Luster: The dull, frosty, or satiny shine found on uncirculated coins Mint: A place where coins of a country are manufactured under government authority Medium of Exchange: Anything that people agree has a certain value Medal: A metal object resembling a coin issued to recognize an event, place, person or group, with no stated value and not intended to circulate as money Legal Tender: Coins, dollar bills or other currency issued by a government as official money Key Date: A scarce date required to complete a collection, usually more difficult to find and afford Intrinsic Value (Bullion Value): Current market value of the precious metal in a coin Inscription: Words stamped on a coin or medal Ingot: Metal cast into a particular shape used in making coins Incuse: Opposite of relief, the part of a coin’s design that is pressed into the surface ![]() Hairlines: Tiny lines or scratches on coins, usually caused by cleaning or polishing ![]() Grade: Rating which indicates how much a coin has worn from circulation dimes, quarters, half dollars, and dollars have been cladĬoin: Flat piece of metal issued by the government as moneyĬollar: A metal piece that restrains the expanding metal of a planchet during strikingĬommemorative: A special coin or medal issued to honor an outstanding person, place, or eventĬounterfeit: A fake coin or other piece of currency made so that people will think it’s genuineĬurrency: Any kind of money – coins or paper money – that’s used as a medium of exchangeĭenomination: The different values of moneyĭie: An engraved stamp used for impressing a design (images, value, and mottoes) upon a blank piece of metal to make a coinĭesigner: The artist who creates a coin’s design (but doesn’t necessarily engrave the design into a coinage die)Įdge: The outer border of a coin, considered the “third side” (not to be confused with “ rim“)Įngraver: An artist who sculpts a clay model of a coin’s design in bas reliefĮrror: An improperly produced coin, overlooked in production, and later released into circulationįace Value: The sum for which a coin can be spent or exchanged (a dime’s face value is 10¢) as opposed to its collector or precious metal valueįield: The portion of a coin’s surface not used for design or inscription American Numismatic Association (ANA): nonprofit educational organization that encourages the study of money throughout the world.Īnnealing: Heating blanks (planchets) in a furnace that softens the metalĪssay: To analyze and determine the purity of metalīag Mark: A mark on a coin from contact with other coins in a mint bagīi-Metallic: A coin comprised of two different metals, bonded togetherīlank: Another word for planchet, the blank piece of metal on which a coin design is stampedīullion: Platinum, gold or silver in the form of bars or other storage shapes, including coins and ingotsīullion Coin: Precious metal coin traded at current bullion pricesīusiness Strike: A coin produced for general circulation (as opposed to a proof or uncirculated coin specially made for collectors)īust: A portrait on a coin, usually including the head, neck and upper shouldersĬlad Coinage: Coins that have a core and outer layer made of different metals.
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