Attribute - characteristics of a
coin, for example, country of issue, inscription, date, metal composition,
design, mint marks
American Eagle Bullion
Coin - platinum, silver and gold coins released by the United States Mint
beginning in October 1986.
American Numismatic Association (ANA) - nonprofit
educational organization that encourages the study of money throughout the
world
Bag Mark - a mark on a coin from
contact with other coins in a mint bag.
Blank - another word for planchet,
the blank piece of metal on which a coin design is stamped.
Business strike - a coin produced for
general circulation (as opposed to a proof or uncirculated coin specially made
for collectors).
Brilliant - a coin that is bright and shiny with a
chrome luster
Bullion - platinum, gold or silver
in the form of bars or other storage shapes, including coins and ingots
Cameo - a coin with brilliant fields surrounding
frosted design elements
Carbon Spots - small spots of
corrosion usually seen on copper coins
Clad Coinage - coins that have a core
and outer layer made of different non-precious metals. Since 1965, all
circulating U.S. dimes, quarters, half dollars and dollars have been clad.
Coin - flat piece of metal
issued by the government as money.
Coin Press - the machine that makes a coin
Commemorative - a special coin that honors the
anniversary of a person, place, or event
Counterfeit - a fake coin or other
piece of currency made so that people will think it's genuine.
Currency - any kind of money - coins
or paper money - that's used as a medium of exchange.
Deep Cameo - a cameo coin with heavy contrast
between the frosted and brilliant areas
Denomination - the different values of
money.
U.S.
coins currently are made in the following six denominations: cent,
nickel, dime, quarter, half dollar and dollar
Die(s) - The plate press used to make
coins upon which the designs are engraved and pressed
Edge - the outer border of a coin, considered the
"third side" (not to be confused with "rim"). Some
coins feature lettering, reeding, or ornamental
designs on their edges
Engraver - the person who engraves the design of a
coin onto the die
Error - an improperly produced
Eye Appeal - the total visual aspects of a coin
Field - the flat areas surrounding the raised
design elements on a coin
Frosting - a textured, almost crystalline, surface
usually seen on the raised portions of proof coins
Grading - the art of determining the condition or
quality of a coin
Hairline Scratch - a fine scratch on
the surface of a coin usually caused by wiping with a cloth
Incuse - opposite of relief, the part of a coin's
design that is pressed into the surface
Key Date - a scarce date required to
complete a collection, usually more difficult to find and afford
Matte - a fine, granular texture on the surface
of a proof coin. Matte surfaces have a dull appearance as opposed to the
reflective surfaces of a brilliant proof -
featured on the Satin Finish Specimens
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
Mint - A) the Government Branch where coins are
printed, B) Uncirculated (brand new), or C) the act of making a coin
Mint Luster - the dull, frosty, or
satiny shine found on uncirculated coins
Mint Mark Set - A set consisting of one example of
each mint mark of a coin type (for example, a Morgan Dollar Mint Mark Set would
have one Morgan each from the Denver, San Francisco, New Orleans, and Carson
City Mints)
Mint Set - official, government-issued sets of
Uncirculated United States coins, first issued in 1947
Motto - a word, sentence or
phrase inscribed on a coin to express a guiding national principle. For example,
"E Pluribus Unum" inscribed on all U.S. circulating coins is Latin for
"out of many, one."
MS - abbreviation for a mint state coin
Numismatics - the study and collecting of coins
Obsolete - a coin design or type
that is no longer produced
Obverse - the front of a coin
Off-Center - describes a coin that has
received misaligned strike from the coin press and has portions of its design
missing
Oxidation - the chemical reaction of metal with its
surroundings; on copper coins, oxidation shows up as carbon spots and a
mellowing of the original color; on silver coins, oxidation shows up as tarnish
or toning
Pattern - an experimental or trial
piece, generally of a new design or metal
Planchet - the blank disk
that becomes a coin once it is stamped by the dies
Proof - a coin that is specially prepared using
a highly polished planchet, highly polished dies, and extra pressure in the coining press – issued
solely for collectors
Proof Set - official government-issued sets of proof
United States
coins, first publicly released in 1936
PR - abbreviation for proof coin
Reverse - the back of a coin
Roll - coins packaged by banks, dealers or the
United States Mint. The number of coins in a roll depends on the
denomination: 50 cents, 40 nickels, 50 dimes, 40 quarters, 20 half
dollars, or 25 dollars
Series - a collection of coins
that contains all date and mint marks of a specific design and denomination. For example, a
Kennedy series would include a Kennedy half dollar from each year from each
Mint facility (Philadelphia, Denver,
San Francisco),
beginning with the coins first issued in 1964
Slab - nickname for some protective coin
encapsulation methods, especially those that are permanently sealed and
rectangular
Special Mint Set - special sets
featuring a brand new finish of Uncirculated coins issued from 1965 to 1967 as
replacements for both Mint Sets and Proof Sets (both of which were not issued
during those years)
Specimen - a specially prepared coin, usually for
presentation purposes or for sale to collectors featuring a Satin Finish
Strike - A) the stamping of a coin or B) the
degree of detailing on a coin
Surfaces - the outer layer of a coin including the
raised portions of a coin and the edge
Toning - oxidizing of the surface of a coin
caused by a chemical reaction between the metal of the coin and its
surroundings, usually the case or bag holding it
Type Set – A set consisting of one example each
denomination of each design in each denomination of a coin type (for example, a
Nickel Type set would include a Shield Nickel, Liberty Nickel, Buffalo Nickel,
Jefferson Nickel, and each Westward Journey Nickel)
Uncirculated - A) a coin that has not circulated
or B) the condition or “grade” given to coins of the highest quality
Variety - something different from the
standard type. In Morgan Dollars, these are known as VAMs
Year/Date Set – A set consisting of one example of
each date of a coin type (for example, a State Quarter Year/Date Set would have
one Quarter from each year between 1999-2008, making it a 10 coin set)