I had problems with my digital camera, pictures will come soon. Below you will
find a link to buy some coins, sets, or even paper money if your interested.
|Littleton Coin Company
|Home Shopping Networks Coin Vault
Below you will find a list of terms, for coin collection feel free to scroll
through it and find what your looking for.
(click on a letter if you want to jump into the list)
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- about good
- - one of the lowest grades in most grading standard books. Typically an about good coin is a very worn coin with some
outline of the design and a readable date. Falls below below the grade of good.
- About Uncirculated
- - Same as "Almost Uncirculated". Sometimes abbreviated as "AU".
- - marks or small scratches on the surface of a coin where another coin or object has slid across or bumped the coin. Can
also be caused by the coin sliding in a holder or coin drawer. Not as deep or noticeable as bag marks. Usually found on the
high parts of a coin or in the open fields (background).
- - A group of coins, sometimes not of any certain type or date. Also can be a "hoard".
- - elemental abbreviation for SILVER
- - Same as "About good".
- album friction or slide markings
- - see friction.
- - a mixture of two or more metals melted into one compound.
- Almost Uncirculated
- - A coin or paper money note that is very close to being uncirculated. Upon first glance it may appear uncirculated. When
inspected closely it will have a slight amount of wear or friction. Same as "About Uncirculated". Sometimes abbreviated as
- - see altered date.
- altered date
- - a coin with the date manipulated or altered after the coin was produced. Often done to try to deceive someone. For example,
someone might alter the date of a 1944-D cent to look like a 1914-D cent.
- American Eagle
- Silver, gold, and platinum gold coins released by the US government starting in Oct. 1986. Front depict Liberty walking
and reverse side bears an American Eagle and nest design. Produced in both Uncirculated and Proof conditions.
- American Numistmatic Association
- - the most popular nonprofit educational coin collectors organization in America. Encourages the study of numistmatics;
collecting of money. Often called the A.N.A.
- - abbreviation for the "American Numistmatic Association."
- anvil die
- - bottom die. A coin is struck using two dies. One for the obverse (front) of the coin and another for the reverse (back).
The anvil die is the one on the bottom, which is usually the reverse. The term comes from when the die was placed on an anvil
with the coin blank (planchet) on top. The hammer die (top die) was placed on top of the coin and struck with a hammer. See
"hammer die" and "die".
- - the process of heating coin blanks (planchlets) in a furnace to soften the metal prior to striking coins out of them.
- ask price
- - The price a dealer or trader is asking for a coin. Often used to indicate the "wholesale" asking price between dealers
or on a coin trading network.
- - to determine the purity of the metal by scientific means.
- - elemental abbreviation for GOLD
- - See "About Uncirculated" or "Almost Uncirculated".
- BU - see Brilliant Uncirculated
- bag mark
- - Mark(s) on a coin that occurred during the production process. Come from coins bumping into each other when placed in
bags at the mint. Larger size coins typically exhibit more bag marks than smaller ones. A coin can still be uncirculated even
if it has obvious bag marks.
- - usually an "ingot" shaped as a rectangle. Can be gold, silver, or any precious metal. Gold and silver bars vary in size
from 1 gram up to thousands of ounces.
- - the price a dealer (or dealers) are offering to pay for a coin. Sometimes used to indicate a standing offer at that
price from a coin dealer or on a trading network. Also, see "site unseen".
- - slang used to indicate one eighth of a dollar. In early days of this countries history the Spanish Milled Dollar (pillar
dollar or 8 reales) circulated. Due to a shortage of smaller coins these silver dollars were often cut into pieces shaped
like slices of pizza. A small piece equal to one eighth of the dollar was called a "piece of eight" or a "bit". The nursery
rime "two bits, four bits, 6 bits, a dollar" comes from this time in history." Example, two bits = two eighths or a quarter.
- - a blank piece of metal on which a coin design can be stamped. Also called a planchlet. Usually already cut into the
shape of a coin - but without any design.
- - see "show".
- brilliant uncirculated
- - a descriptive term used to indicate an uncirculated coin that still retains a lot of the brilliant luster. Not a heavily
toned coin. BU is used to abbreviate brilliant uncirculated.
- - a polishing of a coin sometimes with an abrasive that leaves a finish that attempts to counterfeit mint luster. A buffed
coin often is worth less than one that has not been cleaned. See whizzed.
- -term used when referring to items made of precious metal. Particularly silver, gold, and platinum. Often produced in
the form of ingots, bars, rounds, and coins. Bullion value of a coin would be the "value of the metal" the coin contains.
- bullion coin
- - coins made of precious metal and traded at current bullion prices, or at a small premium over bullion.
- Bureau of Engraving and Printing
- - United States government agency that produces paper money for the U.S. and some other countries.
- business strike
- - a coin produced for general use and circulation. Non-business strikes would be coins such as proofs, and special uncirculated
coins or sets not intended to circulate.
- - portrait on a coin, usually the head or head and shoulders.
- a coin (usually a proof) that has a mirror like background to the
surface of the coin and a design that is frosted looking. Special
treatment of the dies (that strike the coins) make this cameo frosted
effect. Modern day proof coins are struck from specially treated
dies to give this frosted (cameo) appearance. On older proof coins
the first produced by a die might have a cameo appearance. Later
as the dies starts to wear (or break in) the coins produced will
have less and less of the cameo frosting. Most proof US coins
prior to the mid 1960's will have a mirror like surface over the
whole coin. One with a frosted cameo design will bring a premium,
sometimes a substantial one. Even today, some coins sell for
more if the cameo effect is more pronounced than the typical coin.
- cast coin
- - a coin that was made by pouring melted metal into a mold or cast. Not made by striking a die against a blank like most
coins. Casting was a common process used to try to counterfeit coins.
- - A coin determined to be genuine by a coin grading or authentication service. Sometimes graded as well. Often a certified
coin is accompanied by a photograph certificate or is sealed in a plastic slab. See "slabbed"
- chop marks
- - oriental marks or characters stamped into previously made coins. Often found on silver trade dollars and other precious
metal coins. When coins were used for trading purposes a oriental assayer would test a piece of the coin for purity. If it
met his approval he would stamp his mark into the coin indicating to others it was pure and accurate weight. Today some collectors
specialize in "Chop marked" coins. However, for many coins the chop marks may hurt the value.
- - coins used in commerce to purchase items by the populace are in circulation. A circulated coin is one that has been
used one time or often more. Coins that have any kind of wear from handling, etc are also considered circulated.
- - Clad coinage is a term used to describe coins that have a core of one type of metal and an outer layer of another metal
or metals. US dimes, quarters, and half dollars since 1965 have been clad. Clad differs from a plated coin in that the clad
blank (or planchlet) is treated to seal the layers of metal together.
- clad coin
- - Coins that have a core (center layer) and outer layer made of different metals. Starting in 1965 all circulating US
dimes, quarters, and halves have been clad. (See silver clad)
- - object usually made of flat metal, small and round. Issued by a government as money. Usually, accepted by community
as having value.
- coin show
- - see "show".
- Coin World
- - One of the most popular coin collecting weekly paper/magazine for collectors of US coins.
- - when a coin is struck the collar on the printing press surrounds the rim of the coin preventing the metal from flowing
outside of the collar.
- - coins produced by the colony states prior to the time the United States government was formed. Most were made of copper
and in small denominations.
- - a special coin or medal issued to honor an outstanding person, place, or event. Often one time or short lived production.
Many times commemorative coins are not produced for general circulation.
- - The physical state of a coin. Usually indicating the amount of wear. (See grading standards)
- contact mark
- - a mark or marks on a coin that happened from coming in contact with another coin or object. Usually contact marks are
small. Often this term is used to indicate marks on a coin that are not as obvious as bag marks. However, sometimes it is
used to mean the same thing. See "abrasions", "bag mark", or "gouges".
- copper nickel
- - A metal alloy of 88% copper and 12% nickel. This alloy was used for US Flying Eagle and Indian cents from 1856 to the
middle of 1864. The alloy caused these small cents to have a pale copper color. Back then people called these cents "white
cents" because of their pale color. A few other countries have used some copper nickel alloys of various percentages in their
coin production. "Cupro-nickel" is a similar term. See "cupro nickel".
- - nick name for older copper coins, particularly the large cents, and half cents.
- - refers to a reproduction of a coin or paper note. Some copies may be illegal. Current government regulations require
reproductions of US coins and paper money to be much larger or smaller than the original. For copies of tokens and non-US-government
coins the "hobby protection act" requires that the item contains the word "copy" or "reproduction" in a readable visible place.
Advice: Don't get caught making a copy of something without finding out exactly what is legal.
- - chemical reaction on the surface of a coin. Corrosion can result from a coin coming in contact with other things (chemicals)
including chemicals in the air. This can come about because of things coming in contact with the coin years earlier. Corrosion
damages a coins surface and is usually worse in copper, nickel, zinc, and silver coins. Some experts think that toning on
the surface of a coin may help slow down this harmful process. Also see "toning".
- - a coin or piece of currency that is fake or reproduced in order to make people think it is genuine.
- - cattle ranchers have one definition for cud. Coin collectors have a different one. When a coin is struck by a broken
die the place where the die is broken or missing will often show up as extra metal on the surface of a coin. This extra piece
of metal or "cud" can be from a piece of the die being missing or a still intact, but moved.
- - a mixture of copper, nickel, and possibly other metals. Today this term is most often used to refer to the current coins
made by fusing layers of copper and nickel or combination alloy mixtures, resulting in a "sandwich" type of coin. The current
US dimes and Quarters are examples. Technically the copper nickel cents, three cent nickels, and regular nickels are cupro-nickel.
See "copper nickel".
- - any kind of coins or paper money that is used as a medium of exchange.
- D mint mark
- - mintmark used to designate that the coin was struck at the US mint in "Denver Colorado". Back between 1838 and the civil
war the "D" mint mark was used by the US mint in Dahlonega Georgia.
- -A damaged coin would be one that has had something happen to it to cause a defect. Examples would be: holes, bent, major
nicks, corrosion, scratches, mutilation. Usually makes the coin worth much les than one without any defects.
- - different values of money. For example US coins currently have 6 different denominations: cent, nickel, dime, quarter,
half dollar and dollar.
- - small tooth like raised areas around the edge of a coin. Particularly on older coins. Often found all around the front
(obverse) and back (reverse) of the coin, right next to the edge.
- - an engraved metal stamp used for stamping out the design of a coin. The die is often hardened so that when it strikes
the metal blank an impression will be left indicating the coins design, value, and wording. See "anvil die" and "hammer die"
- die clash
- - damage to a coin die that occurs when the top and bottom dies collide without a coin in the press. The dies will may
hit each other with such force that they damage each other leaving a trace of the impression on one or both dies. Resulting
coins produced may exhibit "clash marks". Clash marks will show some of the reverse design on the obverse side of the coin,
some of the obverse design on the reverse, or both.
- die defect
- - damage or defect of a coin die. The coins produced by that die will exhibit the same defects.
- double die
- - a coin that shows numbers or letters doubled. Caused by the coin die having been made with a doubled design on parts
of it. Example: 1955 double die Lincoln cent.
- double eagle
- - used to describe a twenty dollar gold piece, the likes of those made between 1850 and 1932. Called a double eagle because
the gold content was twice that of an "eagle" $10 gold piece. Double Eagle gold pieces contain "almost" an ounce of gold.
- - nick name for the old gold $10 coins made up until 1932. These older gold coins contained "almost" 1/2 ounce of gold
and featured an eagle design on the back. Note: the "eagle" gold coin is different than the new AMERICAN EAGLE gold bullion
coin. See "American Eagle".
- edge lettering
- - letters or designs made on the side edge of a coin. Most modern day coins have plain or reeded edges. Example of edge
lettering is the old Capped Bust Half dollar coins. Sometimes called edge device.
- - an artist who creates a coin's design as a model or sculpture. In earlier days the engraver would actually cut out the
design onto the die.
- - the side of the coin. Currently US dimes and quarters have a "reeded" edge, which is an edge with small lines on it.
Some coins will have lettering, ornamental designs, or plain edges.
- - a coin that has some type of production defect on it. Modern production procedures attempt to keep error coins from
- FREE GOLD AND SILVER PRICE QUOTES
- - our other web site
- face value
- - the exchange value for which a coin is made to be spent or exchanged. Example: A US quarter's face value is 25 cents.
Yet if it is silver or a rare date the collector value may be more. Face Value is Not its collector or precious metal value.
- - A very heavily worn coin. Date may only be partially visible. One of the lowest grades of a coin, F-2.
- - a coin used to "fill in" the place in a collection until a better grade coin can be found or purchased to take its place.
Often a low grade or damaged coin may be used as a filler until a nice one can be found.
- - the background surface of a coin not used for the design or inscription
- - one day I told my wife she looked "fine". She got upset. To me I was saying she looked "nice". To her I was saying she
looked "just Okay". The same can be said about this coin grading term. Fine is a medium grade coin. It corresponds to F-12
and F-15 of the current grading standards. A Fine coin will have some detail present in the recessed areas. However, it is
not sharp and there is a lot of details still missing. You may be pleased to locate a fine grade coin, particularly when the
coin is scarce or rare. However, a fine coin when common is not as great a treasure. A bit of advice - If your wife asks you
how she looks, tell her she looks like a GEM! :-) See "GEM" BU.
- - A frontiersman might rub two sticks together and the result is a fire. The rubbing of a coin can result in a wear on
its surface. Typically, friction causes various degrees of noticeable wear and results in lowering the desire (and value)
of a coin. Friction can be caused by a coin sliding in a holder, coin drawer, or even by a good intending collector who tries
to "clean" the coin.
- frosted proof
- - a proof coin that has a mirror like surface in the background with a frosted (or dull) surface on the design. Proofs
prior to 1937 and again beginning in the 1970's have frosted designs. Sometimes occurs in other years although not as often.
Some frosted proof coins will bring a premium price.
- Gem BU
- - A beauty of a coin ! Means GEM quality Brilliant Uncirculated coin. Indicates that this uncirculated coin shows mint
brilliance and is extremely attractive for the type of coin. Some might say it sparkles like a "GEM".
- - heavy marks on a coin where the metal was gouged out from coming in contact with something. Typically worse than "contact
marks" or "bag marks".
- - a rating or clarification that indicates how much wear a circulated coin has. Grades can also indicate the degree of
perfection for uncirculated coins. Two popular grading guides are Photograde and the ANA Grading Guide. Both use a scale system
from 1 to 70 measuring coins from About Good -3 to Mint State Uncirculated- 70.
- grading standards
- - a set of criteria indicating how much wear a coin shows.
- - very light lines or scratches on the surface of a coin. Sometimes caused by light cleaning or polishing.
- hammer die
- - top die. The hammer die is the top die that is placed on top of the coin blank and struck. Years ago this was done with
a hammer. See "anvil die" and "die".
- - the obverse or front of most coins. Usually with a portrait of someone but not always.
- - the part of a coin's design that is pressed into the surface. Opposite of relief. Example: the $2 1/2 and $5 Indian
US gold coins are of incuse design. Rather than the design being raised up off of the surface of the coin, it is pressed into
the metal. See "reeded edge" and "lettered edge"
- - see "bars"
- - the words stamped (written) on a coin
- intrinsic value
- - the value of the precious metal that a coin is made of. Often called "bullion value"
- junk silver
- - silver coins of circulated quality. Often used to describe bags or common US silver coins that were pulled out of circulation
when silver was disappearing. Does not mean the coins are damaged. Junk silver rolls or bags usually will not contain scarce
dates, low mintages, or high quality coins.
- key date
- - a scarce date that is often hard to find to complete a collection. Usually more difficult to find, of lower mintage,
or more expensive.
- legal tender
- - coins, paper money, or other currency issued by a government and used as money. The legal tender value of a coin is
the value placed on it by the government. It may be different than the intrinsic value (bullion value) or collector value.
- - the main lettering on a coin. For instance the phrase "United States of America"
- lettered edge
- - The edge of a coin that has lettering on the outside of it. Usually it is raised, but sometimes incused. Most coins
today have a plain edge or "reeded" edge. Having something inscribed or a design on the edge of a coin was prevalent when
coins were made of precious metal. Supposedly it made it easier to detect when a coin that had some of its precious metal
shaved off the edge. You'll find most all of the older gold and silver US coins will have either lettered or reeded edges.
Bust Today's dime and quarter are examples of a reeded edge. See reeded edge.
- matte proof
- - matte proof coins are special proofs that have a grainy "sandblasted" look on the surface. Matte proof coins were sometimes
made in the early part of the 1900's. Normal proof coins have a mirror like brilliant surface.
- - an object made of metal that resembles a coin. Often medals are made or given to recognize a person, place, or occasion.
Medals have no stated value and are not intended to circulate as money. Sometimes a medal may have intrinsic value (bullion
- medium of exchange
- - something accepted by people as having a certain value that is used to exchange or trade. Often coins and paper money
are used as mediums of exchange, but it can be anything.
- mercury dime
- - nick name for the US 10 cent pieces made between 1916 and 1945. Although originally called the Winged Liberty Head dime
the name "mercury" dime caught on with the public when it was compared to the Roman god "mercury".
- - place where coins are produced (manufactured). The U.S. Mint produces most coins for the U.S. government in Philadelphia
and Denver. Mint facilities in San Francisco and West Point are used to produce some of the Proof and commemorative coins.
- mint luster
- - a frosty, satiny, unique shine found on uncirculated coins
- mint mark
- - a small letter on a coin that identifies which of the U.S. Mints the coin was produced at.
- mint set
- - a complete set of coins produced by a particular mint (contains one of each denomination).
- mint state
- - uncirculated
- - the number of coins produced (the quantity made for that country, date, mintmark, and type of coin)
- - a saying, phrase, or principle sometimes found on a coin. Example: "In God We Trust", and "E Pluribus Unum"-meaning:
Out of many, are one
- milled edge
- - coin production process that produces the edge of the coin.
- - a clear trademark polyester material used to store coins
- - nick name for the US five cent piece. Although only 25% of the five cent piece is made of the metal nickel it gives
the appearance that it is solid nickel. The nick name "nickel" came about due to its appearance of being made of the metal
nickel. It is actually made of a mixture of copper(75%) and nickel(25%).
- - a coin collector. Often used to indicate someone who is a serious coin hobbiest or one who studies an area of coin collecting.
- - when something unusual happens to a coin it is sometimes called an oddity. Can be an "error" that was made at the mint,
or something that was done to a coin after the minting of the coin.
- - a coin design or series that is no longer being produced.
- - the front side of a coin. Usually the obverse side of a coin has the main design, date and sometimes mintmark. The back
of the coin is called the reverse. In the 1800's obverse and reverse meant the opposite of what they mean today.
- off center
- - describes the way a coin was struck by the printing dies. If the coin was not placed properly and the dies strike it
off center then parts of the design will be missing from the coin. Sometimes an off-center coin will have part of the blank
- original roll
- - a group of coins that were wrapped in paper wrappers at the time of their production. In early days coins were shipped
to banks in cloth bags or kegs. Sometimes later they were shipped in rolls. Silver coins stored in rolls will often have toning
on and near the edges but not in the center. Some coins stored in rolls will have fewer marks than those stored or transported
in bags or kegs. The number of coins in a roll may vary by denomination and time of issuance. Typically there are 50 cents
in a roll, 40 nickels, 50 dimes, 40 quarters, 20 halves, 20 silver and Eisenhower dollars, and sometimes 25 SBA or Sacajewea
- over strike
- - a coin that instead of being struck on a blank planchlet was accidentally struck on a previously struck coin.
- - a coin that was struck as an experiment or as a trial piece. Usually, a new design or made of experimental metal alloys.
U.S. Pattern coins from recent years are illegal to own because they are still considered government property. However, older
patterns were released to dignitaries, etc and are legally available to buy or sell in the numistmatic market place.
- - a blank round piece of metal from which the coin is struck.
- precious metal
- - metals of value. Typically gold, silver, platinum. However, can include palladium and rhodium.
- - a coin produced from polished dies and/or planchlets. Most often each proof coin is struck twice/or more which gives
the coin a very sharp degree of detail and mirror like surface. Proof coins are usually made for numistmatic purposes, presentations,
or souvenirs. Proofs are usually not made to circulated in commerce. Mishandling can lower the value and grade of a proof
coin. Proofs are sold by the mint during their year of production at a premium to cover their special manufacturing costs.
Sometimes sold only in sets.
- proof set
- - a group of the different denominations of the proof coins made for one year. Sometimes packaged as a set by the mint.
Example: One of each proof: cent, nickel, dime, quarter, and half.
- - means the coin has not been slabbed or certified
- Red Book
- -The Official RED BOOK of US COINS. A price guide book on US coins and their values by R.S. Yeoman. Perhaps the most popular
book for listing US coin retail values, grades, and mintages.
- reeded edge
- - The edge of a coin that has small reed like lines on it. Today's US dimes and quarters are examples of reeded edge coins.
See "lettered edge" and "incused edge".
- - the part of the design that is raised from the surface of the coin. Example: Washington's face on a Washington quarter.
- - a coin minted from original dies, however at a later date than originally intended.
- - the back side of the coin. Opposite of obverse. In the 1800's obverse and reverse meant the opposite of what
they mean today. See "obverse".
- reverse cameo
- - a coin where the background is frosted looking and the design has
- a polished mirror like look to it. Some Australia lunar "Year of the Horse"
- and other lunar year animal gold /silver coins have this reverse cameo
- appearance. See "cameo".
- - a machine that sorts out wrong size/defective blanks (planchlets)
- - the raised edge of a coin created by the upsetting mill. The idea being that if the edge on both sides of the coin is
raised like the design it will help protect the coins design from wear.
- - a group of coins in the same denomination in a paper wrapper package by banks, dealers, or the US Mint. Sometimes a
roll is put into a plastic coin tube. The number of coins in a roll depend on the denomination. For US Cents there are 50
in a roll, nickels- 40, dimes- 50, quarters- 40, halves- 20, dollars- 25.
- - coin shaped silver pieces. Not official legal tender, however they may be accurate in bullion weight. Like silver bars
only shaped like a coin.
- - collection of coins of one denomination that contains all the dates and mint marks of that design. For example a Lincoln
Cent Wheat back series would contain one of each date cent minted from 1909 to 1958, including each mint mark as well.
- - to display or show a group of coins. Coin shows (or bourses) occur often in many areas. There dealers may set up tables
to display their inventory in an attempt to sell, buy, or trade coins with the public and / or other dealers.
- silver Clad
- - term referring to US Half Dollars made from 1965 to 1970. Made with an outer layer of 80% silver and 20% copper bonded
to an inner core of 20.9% silver and .791% copper. Overall 40% silver.
- site unseen
- - an offer to purchase a coin at a certain price without seeing the item. Although site unseen bids are common, the coin
will still have to meet the grading criteria from the bidder's perspective. Site unseen bids are most prevalent when any concern
over the grade is resolved by a third party grading service, such as with slabbed coins.
- slab or slabbed
- - slang for a holder holding a coin that has been encapsulated by a coin grading service. Usually, the coin will graded,
authenticated, and encapsulated in a sonically sealed holder, often by a 3rd party grading service. See PNG, NCG, ANACS, PCGS.
- - term used to identify a hard plastic encapsulation method that some coin grading services use to package/protect a coin.
Usually a slabbed coin is graded and certified by the grading service as genuine. Often slabs are rectangular in shape and
sealed to protect the coin from the elements.
- -a term meaning the coin simulates a higher grade than it really is. Often a slider has been cleaned, treated, or whizzed
to give the appearance of being uncirculated. Worth less than the coin that has not been cleaned or treated.
- - a process of stamping a design into a coin planchet (blank). Usually metal dies with designs engraved in them are used.
If the dies are struck weakly or just average it may effect the coin's value negatively vs. a well struck coin. Some U.S.
mints were known for making weakly stuck coins during certain years. certain years
- spotting or spot
- - a mark or marks on a coin of a different color. Often looking like spots of something on the coin. Usually, it is a
form of tarnish or staining. Spotting may have a negative effect on the value of a coin depending on how severe it is, etc.
Most professionals will advise you not to try to clean a spot (or spotting) off of a coin, as it may create friction or surface
damage that may hurt the coins value even more.
- - the reverse or back side of a coin
- three cent piece
- - common term used for the US coin with the value of three cents. Two different metals were used for these coins back
in the 1800's. Prior to 1865 the US made three cent pieces out of an alloy of mostly silver. Hence the name "three cent silver".
The public complained because the 3 cent silvers were small and thin. By 1865 the US government changed the composition and
design of the three cent coins. Three cent nickels were made of 75% copper and 25% nickel from 1865 to 1889. From the looks
of the coin you would think it was made out of pure nickel. They were larger and thicker than the three cent silvers. Hence
the name "three cent nickel".
- - Something that looks like a coin, but is not legal tender issued by an official government. For example, parking tokens,
video game machine tokens, and casino tokens. Some coin collectors shy away from collecting tokens. However, there are a few
small groups of serious token collectors.
- - Shading of color on coins. Toning can be in many forms from dark or brown to various shade of other colors. It can cover
the whole coin or more often part of the coin. Toning results when the surface of the coin comes in contact with the air and
environment it is exposed to. Traces of material in the metals will also play a roll in toning. Some think toning makes a
"protective" coating over the surface of a coin that helps the coin resist corrosion. Toning can be even be artifically done
by exposing the coin to certain reactive substances. Some "naturally" occurring toned coins bring a premium in the collector
market due to their unique beauty. Others may bring less than an un-toned coin when the toning is unattractive. Also see "corrosion".
- two bits
- - see "bits"
- two by two
- - nickname for a typical holder for one coin. Measures 2 inches by 2 inches. Often made of cardboard with a clear mylar
material in the center. Cardboard 2x2s are not the best way to store coins for the long term.
- two cent piece
- - a US coin with the value of two cents. Common term used for the copper Shield design two-cent coin made from 1864 to
- - coins containing the same or a similar characteristic. Often in a type collection or set the dates do not matter. Rather
the collector is interested in obtaining one of each representative design. For example a collector may want one of each "type"
of coin in US circulation today. Such a type set would consist of a cent, nickel, dime, quarter, half, and dollar. A collector
may decide to collect one representative of each type of coin by size. For example, a cent type set may include a Lincoln
Memorial cent, wheat back cent, indian cent, etc.
- type set
- - collection of coins of one denomination. For example, a Quarter type set would consist of one of each design of quarter
that the mint has made. (Dates and mint marks usually are not of concern.)
- - a new condition coin that does not have any sign of wear. Marks on the coin that may come from the manufacturing process
do not keep a coin from being unciruclated. (Example, bag marks.) Even the slightest amount of wear or cleaning will keep
a coin from grading uncirculated.
- upsetting mill
- - machine used in coin production to raise the rim on both sides of a blank (planchet).
- vest pocket dealer
- - old timer's term meaning a part time coin dealer. Someone who carries coins to sell/trade in their pockets.
- - minor differences in the design of a coin. Example, 1955 Lincoln cent has a "double die" variety.
- - nick name for the "Walking Liberty Half dollar".
- walking liberty
- - a half dollar with the Walking Liberty design. Made between 1916 and 1947. Thought by some to be one of the US most
beautiful coin designs. The current "American Silver Eagles" have the same design on their obverse (front).
- war nickel
- - sometimes called "wartime" nickels. These Jefferson US five cent coins were made during part of World War II. At the
time there was a concern that metal would be needed in the war effort. Therefore a new mixture of metals was used in the nickel.
35% silver, 9% manganese, and 56% copper. As of this writing they are worth more than five cents due to their silver content.
These "silver war nickels", as some call them, will have a large mint mark above the memorial building on the reverse (back).
- white cents
- - see "copper nickel.
- -Whitman Publishing company. Produces many collector's books, albums, and collecting supplies.
- - a whizzed coin has been buffed or polished to give it the appearance of the luster found on a mint coin. Often whizzing
is done on a high grade coin to try to sell the coin at a higher grade than it really is. Sometimes done by using a fine brush
attachment on a high speed drill. Whizzing a coin may hurt the value of it rather than help it because it actually causes
wear to the surface of the coin. See buffing.
- year set
- - coin collection consisting of one of each kind (size and style) of coin issued by a country for a given year. (Mint
marks are usually not of concern when collecting year sets.)
We hope you have found this list of coin collecting terms helpful.