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Coin grading [1] is the process of determining the grade or condition of a coin, one of the key factors in determining its collectible value. A coin's grade is generally determined by six criteria: strike, preservation, luster, color, attractiveness, and occasionally the country/state in which it was minted. Several grading systems have been ...
Example of an Early American Cent - the coins that inspired Sheldon to create a more precise grading scale. (Courtesy of the National Numismatic Collection, National Museum of American History [photograph by Jaclyn Nash].) The Sheldon Coin Grading Scale is a 70-point coin grading scale used in the numismatic assessment of
The 1 ⁄ 10, 1 ⁄ 4, and 1 ⁄ 2 troy oz coins are identical in design to the 1 troy oz coin except for the markings on the reverse side that indicate the weight and face value of the coin (for example, 1 OZ. fine gold~50 dollars). The print on the smaller coins is, therefore, finer and less legible than on larger denominations.
Made of 95% copper and 5% tin and zinc alloy, it sold for $1.7 million in 2010 but is valued at $2.3 million in mint uncirculated condition. 1913 Liberty Head Nickel: $4.2 million
A coin with one type of metal in the center with an outer ring of a different metal. Examples are the 1 and 2 Euro coins and the Canadian "toonie" two-dollar coin. blank. Also called a planchet or flan. 1. A prepared disk of metal on which the design for a coin will be stamped. [1] 2. The un-struck or flat side of a uniface coin or medal. brass
[1] Seven distinct types of coin composition have been used over the past 200 years: three base coin alloys, two silver alloys, gold, and in recent years, platinum and palladium. The base metal coins were generally alloys of copper (for 2 cent coins and lower), and copper/nickel (for 3 and 5 cent coins). Copper/nickel composition is also used ...
Bullion coins are government-minted, legal tender coins made of precious metals, such as gold, palladium, platinum, rhodium, and silver.They are kept as a store of value or an investment rather than used in day-to-day commerce.
Bullion coins are contemporary precious metal coins minted by official agencies for investment purposes. Some bullion coins have been used as currency throughout the 20th century, such as the Maria Theresa thaler and the Krugerrand. Modern bullion coins generally do not enter common circulation despite having legal tender status and nominal ...