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Collecting Basics. Coins have a rich history, making collecting a rewarding hobby. People collect coins for many reasons, including historic or artistic value, or to invest in coins for potential long-term profit. Some people are casual enthusiasts, collecting foreign coins from trips or coins found by chance, such as a “W” quarter.
The Sheldon coin grading scale is used to determine a coin’s value, based on factors such as how well the coin was made, how much wear it’s developed, and the luster. A coin is assigned a number between 1 and 70, as well as an adjective such as poor, good, very fine, or mint state. The grade is listed as “MS-70” or “F-15”.
Tools to help you organize and care for your collection include: A high-quality magnifying glass for coin inspection. A soft cloth or pad to hold coins over when viewing them. A plastic ruler (metal rulers may scratch coins) A general coin reference book that includes information on dates, mint marks, major varieties, grading guidelines, and ...
Congress can create a coin program based on a design theme that inspires coin collecting. These coins can be found in your change, so be on the lookout to start collecting! SO State Quarters (1999 to 2009) The 50 State Quarters Program honored each of the 50 states with special reverse (tails) quarter designs. In 2009, the Mint made six more
Numismatics (“noo-miz-ma-ticks”) is the study and collecting of things that are used as money, including coins, tokens, and paper bills. You can collect all kinds of coins with all kinds of designs for all kinds of reasons! Coins can: Help you remember a place you traveled. Have interesting designs. Be really old or brand new.
Mint State: Same as uncirculated. Mintage: The quantity of coins produced. 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. circulating coins is Latin for “out of many, one”. Mylar®: Trademark for a polyester film used to store coins.
Obverse. The front side (“heads”) of a coin. Reverse. The back side (“tails”) of a coin. Edge. The outer border of a coin. Edges can be plain, reeded, lettered, or decorated. Rim. The raised part of the edge on both sides of a coin that helps protect the coin’s design from wear.
You can begin with coins that you already have. Look around your house, check your pockets and your piggy bank, peek under the couch cushions and in the car. Gather the coins you find somewhere safe. Make a list of your coins. Include the coin type, year, and other information you find useful. Add to your collection when you find new coins or ...
Welcome to the U.S. Mint’s Kids Site! Want to learn about coins like the penny, nickel, dime or quarter? Or play free educational games?
Find out by taking the coin collecting quiz. The answers to the questions are scattered throughout the website. 1. Who was the first person to collect coins? Augustus CaesarGeorge WashingtonBenjamin Franklin. 2. What are coin collectors called? Change MakersCentsable ShoppersNumismatists ("noo-miz-ma-tists") 3.