Coin collecting is the collecting of coins or other forms of minted legal tender.
A coin is a small, flat, round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. Obverse and its opposite, reverse, refer to the two flat faces of coins and medals. In this usage, obverse means the front face of the object and reverse means the back face. The obverse of a coin is commonly called heads, because it often depicts the head of a prominent person, and the reverse tails.
Precious metals are rare, naturally occurring metallic chemical elements of high economic value. Chemically, the precious metals tend to be less reactive than most elements. They are usually ductile and have a high lustre. Historically, precious metals were important as currency but are now regarded mainly as investment and industrial raw materials. Gold, silver, platinum, and palladium each have an ISO 4217 currency code.
The United States Mint is a bureau of the Department of the Treasury responsible for producing coinage for the United States to conduct its trade and commerce, as well as controlling the movement of bullion. It does not produce paper money; that responsibility belongs to the Bureau of Engraving and Printing. The first United States Mint was created in Philadelphia in 1792, and soon joined by other centers, whose coins were identified by their own mint marks. There are currently four active coin-producing mints: Philadelphia, Denver, San Francisco, and West Point.
The Royal Canadian Mint is the mint of Canada and a Crown corporation, operating under the Royal Canadian Mint Act. The shares of the Mint are held in trust for the Crown in right of Canada.
The Coinage Act of 1792, passed by the United States Congress on April 2, 1792, created the United States dollar as the country's standard unit of money, established the United States Mint, and regulated the coinage of the United States. This act established the silver dollar as the unit of money in the United States, declared it to be lawful tender, and created a decimal system for U.S. currency.
The Numismatist is the monthly publication of the American Numismatic Association. The Numismatist contains articles written on such topics as coins, tokens, medals, paper money, and stock certificates. All members of the American Numismatic Association receive the publication as part of their membership benefits.
The Eisenhower dollar was a one-dollar coin issued by the United States Mint from 1971 to 1978; it was the first coin of that denomination issued by the Mint since the Peace dollar series ended in 1935. The coin depicts President Dwight D. Eisenhower on the obverse, and on the reverse a stylized image honoring the 1969 Apollo 11 Moon mission based on the mission patch designed by astronaut Michael Collins. Both sides were designed by Frank Gasparro. It is the only large-size U.S. dollar coin whose circulation strikes contained no silver.
The West Point Mint is a U.S. Mint production and depository facility erected in 1937 near the U.S. Military Academy in West Point, New York, United States. As of 2019 the mint holds 22% of the United States' gold reserves, or approximately 54 million ounces. The mint at West Point is second only to the gold reserves held in secure storage at Fort Knox. Originally, the West Point Mint was called the West Point Bullion Depository. At one point it had the highest concentration of silver of any U.S. mint facility, and for 12 years produced circulating Lincoln cents. It has since minted mostly commemorative coins and stored gold.
This glossary of numismatics is a list of definitions of terms and concepts relevant to numismatics and coin collecting, as well as sub-fields and related disciplines, with concise explanations for the beginner or professional.
The United States trade dollar was a dollar coin minted by the United States Mint to compete with other large silver trade coins that were already popular in East Asia. The idea first came about in the 1860s, when the price of silver began to decline due to increased mining efforts in the western United States. A bill providing in part for the issuance of the trade dollar was eventually put before Congress, where it was approved and later signed into law as the Coinage Act of 1873. The act made trade dollars legal tender up to five dollars. A number of designs were considered for the trade dollar, and an obverse and reverse created by William Barber were selected.
Coin World is an American numismatic magazine, with weekly and monthly issues. It is among the world’s most popular non-academic publications for coin collectors and is covering the entire numismatic field, including coins, paper money, medals and tokens.
Quentin David Bowers is an American numismatist, author, and columnist. Beginning in 1952, Bowers’s contributions to numismatics have continued uninterrupted and unabated to the present day. He has been involved in the selling of rare coins since 1953 when he was a teenager.
Edward C. Rochette, Jr. devoted nearly all of his adult life in service to the American Numismatic Association. His first exposure to the ANA was as an editor of The Numismatist from 1966 to 1972. From 1966-86 he served as executive vice president. In 1987 he was elected to the ANA Board of Governors, and would serve as its president from 1991 to 1993. He returned to a staff position in 1998 and served as the executive director at the turn of the century.
The America the Beautiful silver bullion coins comprise a series of silver bullion coins with a face value of a quarter dollar. The coins contain five troy ounces of silver, making them the largest silver bullion coins ever issued by the United States Mint. The design of the coins duplicates exactly—though enlarged—each of the America the Beautiful quarters. They were issued from 2010 to 2021. The coins were available for sale during the year in which their corresponding circulating coin is issued. The coins are distributed by the United States Mint's network of authorized bullion dealers, and may be resold at the discretion of the Director of the National Park Service.
Michael "Miles" Standish is an American businessman, author, rare coin expert, sports memorabilia expert and philanthropist. He is co-founder of Collectors Universe. He currently serves as vice president of the Numismatic Guaranty Corporation (NGC).
Viking coinage was used during the Viking Age of northern Europe. Prior to the usage and minting of coins, the Viking economy was predominantly a bullion economy, where the weight and size of a particular metal is used as a method of evaluating value, as opposed to the value being determined by the specific type of coin. By the ninth century, the Viking raids brought them into contact with cultures well familiarised with the use of coins in economies of Europe, hence influencing the Vikings own production of coins.
Coins is an American monthly numismatic publication.
Numismatic News is an American numismatic magazine which has been in circulation since 1952.
The Silver Koala Bear is a silver coin originating from Australia and produceat the Perth Mint. While the obverse of the coin always depicts Queen Elizabeth II, the reverse side changes every year, always featuring a koala, a marsupial native to Australia. Silver koalas have higher collectible value than some other bullion coins due to the yearly design change and limited production. The coins are minted yearly in up to five different sizes.
