Coin Collecting Ireland

Published Dec 01, 21
3 min read


Anatomy of a Coin The coin shown below is a 1952 Franklin Half Dollar. Understanding the coin anatomy terms are the basics when talking with other collectors or dealers.

Legend This refers to the primary lettering of the coin or engraving. Mint Mark The letter or symbol on the coin that suggests where the coin was minted or struck.

The following might be found on United States coins: Motto The Slogan for the majority of United States coins consist of 'E Pluribus Unum' and 'In God We Trust'. Older US coins vary.

Relief This refers to any part of a coin that is raised and not the field. Reverse This is the term provided to the rear end of the coin or the 'tails' side. Rim The external edge that is slightly raised making coins simpler to stack and serves as defense for the face of the coin.

While not an extensive list, the items below will serve you well in becoming a more efficient and thorough coin collector: Every numismatists must have a stellar magnifier. These are necessary for recognizing the worth of a coin, spotting flaws, faults, examining for error coins, as well as spotting counterfeits.

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Most collectors prefer between 10x 20x magnification. When managing coins you will require to make sure how you hold and move them around. I highly recommend you buy a set of soft cotton gloves to use when holding a coin. Always hold the coin around the edges and not on the face, especially if you are not utilizing gloves.

A good set of coin tongs perhaps beneficial if you do not wish to stress about touching the coin. A nice padded tray is great to have when you're sorting through coins and to lay out your collection to show or what not. Of course, a simple towel will also work Having a good reference book on coin gathering is a must.

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Apart from that book, the majority of the information you will need can quickly be discovered online. Even the Red Book is dated once it goes to push, and sites such as PCGS will have all the prices needs you are looking. Other coin collecting books that can be beneficial are the ones particular to your collection such as a book on Morgan Dollars or US State Quarters and so on Probably the most plentiful product you will need for your collection is a safe place to keep your coins from being harmed.

How to Value and Grade a Coin Coins are graded on a numerical scale from 1 70 called the Sheldon Scale of coin grading. Below are some sample coins on a range of grades for the Washington quarter. Images courtesy of ha. Below that is a table that reveals the grading scale, abbreviations, and description of each state.

Half science half art, the ability of grading coins can be discovered with time and usage. The only method to improve at this is to practice, practice, practice. Take your loupe and magnifier and go and go to coin shows and stores to see examples of how different coins are graded.

Especially prior to you make a huge purchase you will wish to see several grades of that same coin to guarantee you are getting what you paid for. This is why it assists to specialize in a subset of coins, so if you're just attempting to gather 1800 silver dollars, it will make it a lot easier to grade seeing the same kinds of coins over and over.

David Bowers, a popular numismatist. This was to much better evaluate the rarity of a coin quickly and precisely. 5 Elements of Coin Grading This describes the procedure of marking a blank coin for the style. Strikes are usually positioned in a number of categories such as weak, typical, above average, and complete strike.

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