Anatomy of a Coin The coin shown listed below is a 1952 Franklin Half Dollar. Knowing the coin anatomy terms are the fundamentals when talking with other collectors or dealerships.
Legend This refers to the main lettering of the coin or inscription. Mint Mark The letter or sign on the coin that shows where the coin was minted or struck.
The following may be found on US coins: Slogan The Motto for most US coins include 'E Pluribus Unum' and 'In God We Trust'. Older United States coins differ. Obverse This is the term offered to the front of the coin or the 'head' side. Picture Probably the defining item of the coin is the portrait on the Obverse side.
Relief This refers to any part of a coin that is raised and not the field. Reverse This is the term offered to the rear end of the coin or the 'tails' side. Rim The outer edge that is a little raised making coins simpler to stack and serves as protection for the face of the coin.
While not an extensive list, the products below will serve you well in becoming a more effective and comprehensive coin collector: Every numismatists should have an excellent magnifier. These are vital for determining the worth of a coin, identifying defects, faults, looking for mistake coins, along with spotting fakes.
When handling coins you will require to take care how you hold and move them around. I extremely suggest you buy a pair of soft cotton gloves to use when holding a coin.
A great pair of coin tongs perhaps helpful if you don't wish to stress over touching the coin. A nice cushioned tray is great to have when you're sorting through coins and to lay out your collection to reveal or what not. Of course, a basic towel will also suffice Having a great reference book on coin collecting is a must.
Apart from that book, most of the info you will need can quickly be found online. Other coin gathering books that can be helpful are the ones particular to your collection such as a book on Morgan Dollars or United States State Quarters etc Most likely the most plentiful product you will need for your collection is a safe location to keep your coins from being damaged.
How to Value and Grade a Coin Coins are graded on a numeric scale from 1 70 called the Sheldon Scale of coin grading. Below are some sample coins on a variety of grades for the Washington quarter. Images thanks to ha. Listed below that is a table that shows the grading scale, abbreviations, and description of each state.
Half science half art, the skill of grading coins can be found out with time and use. The only method to get much better at this is to practice, practice, practice. Take your loupe and magnifier and go and check out coin programs and stores to see examples of how different coins are graded.
Specifically prior to you make a huge purchase you will wish to see various grades of that exact same coin to guarantee you are getting what you paid for. This is why it assists to focus on a subset of coins, so if you're only attempting to collect 1800 silver dollars, it will make it much simpler to grade seeing the same types of coins over and over.
This was to much better evaluate the rarity of a coin rapidly and accurately. 5 Elements of Coin Grading This refers to the process of marking a blank coin for the design.