Reeding is a technique wherein a number of narrow ridges called "reeds" are carved or milled into a surface. [1] [2]
In numismatics, reeded edges are often referred to as "ridged" or "grooved" (American usage), or "milled" (British usage). [3] Some coins, such as United States quarters and dimes, 1 euro, Australian 5, 10, 20 cents, 1 and 2 dollars, as well many other current coins, have reeded edges.
One reason for having reeded edges was to prevent counterfeiting. [4] [5] Some gold and silver coins were reeded to discourage clipping, i.e. scraping off the precious metals from the edge of the coin, to maintain its stated value in precious metal. [4] This practice was made more difficult through the implementation of reeding by Isaac Newton in 1698, [6] during his time as warden of the Royal Mint.
Another benefit of certain coins having reeded edges is that it helps the visually impaired identify different coin denominations by sense of touch alone.
This dual purpose of reeding is sometimes made explicit on the milled edges of coins themselves. For example, many issuances of the British pound coin have historically had their edges inscribed with the Latin phrase 'decus et tutamen', an adaption from Vergilius' Aeneid meaning 'an ornament and a safeguard'.
In furniture, reeding is sometimes used around bedposts, and the legs of tables and chairs. Its use in this fashion was inspired by Greek and Roman architectural styles, [7] and is the opposite of fluting.
In architecture, reeding is a form of molding usually found on columns, and is sometimes considered to be synonymous with gadrooning. [8]
A coin is a small object, usually round and flat, 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 is known as tails.
Numismatics is the study or collection of currency, including coins, tokens, paper money, medals and related objects.
The standard circulating coinage of the United Kingdom, British Crown Dependencies and British Overseas Territories is denominated in pennies and pounds sterling, and ranges in value from one penny sterling to two pounds. Since decimalisation, on 15 February 1971, the pound has been divided into 100 (new) pence. Before decimalisation, twelve pence made a shilling, and twenty shillings made a pound.
In economics, Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation.
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.
In numismatics, the term milled coinage is used to describe coins which are produced by some form of machine, rather than by manually hammering coin blanks between two dies or casting coins from dies.
Metalworking is the process of shaping and reshaping metals to create useful objects, parts, assemblies, and large scale structures. As a term it covers a wide and diverse range of processes, skills, and tools for producing objects on every scale: from huge ships, buildings, and bridges down to precise engine parts and delicate jewelry.
The Royal Mint is the United Kingdom's oldest company and the official maker of British coins.
A triskelion or triskeles is an ancient motif consisting of a triple spiral exhibiting rotational symmetry. The spiral design can be based on interlocking Archimedean spirals, or represent three bent human legs. It is found in artefacts of the European Neolithic and Bronze Age with continuation into the Iron Age especially in the context of the La Tène culture and related Celtic traditions. The actual triskeles symbol of three human legs is found especially in Greek antiquity, beginning in archaic pottery and continued in coinage of the classical period.
A debasement of coinage is the practice of lowering the intrinsic value of coins, especially when used in connection with commodity money, such as gold or silver coins. A coin is said to be debased if the quantity of gold, silver, copper or nickel in the coin is reduced.
The fineness of a precious metal object represents the weight of fine metal therein, in proportion to the total weight which includes alloying base metals and any impurities. Alloy metals are added to increase hardness and durability of coins and jewelry, alter colors, decrease the cost per weight, or avoid the cost of high-purity refinement. For example, copper is added to the precious metal silver to make a more durable alloy for use in coins, housewares and jewelry. Coin silver, which was used for making silver coins in the past, contains 90% silver and 10% copper, by mass. Sterling silver contains 92.5% silver and 7.5% of other metals, usually copper, by mass.
Moulding, or molding, also coving, is a strip of material with various profiles used to cover transitions between surfaces or for decoration. It is traditionally made from solid milled wood or plaster, but may be of plastic or reformed wood. In classical architecture and sculpture, the moulding is often carved in marble or other stones. In historic architecture, and some expensive modern buildings, it may be formed in place with plaster.
Counterfeit money is currency produced without the legal sanction of a state or government, usually in a deliberate attempt to imitate that currency and so as to deceive its recipient. Producing or using counterfeit money is a form of fraud or forgery, and is illegal. The business of counterfeiting money is nearly as old as money itself: plated copies have been found of Lydian coins, which are thought to be among the first Western coins. Before the introduction of paper money, the most prevalent method of counterfeiting involved mixing base metals with pure gold or silver. Another form of counterfeiting is the production of documents by legitimate printers in response to fraudulent instructions. During World War II, the Nazis forged British pounds and American dollars. Today some of the finest counterfeit banknotes are called Superdollars because of their high quality and imitation of the real US dollar. There has been significant counterfeiting of Euro banknotes and coins since the launch of the currency in 2002, but considerably less than that of the US dollar.
Coin debasement is the act of decreasing the amount of precious metal in a coin, while continuing to circulate it at face value. This was frequently done by governments in order to inflate the amount of currency in circulation; typically, some of the precious metal was replaced by a cheaper metal when the coin was minted. But when done by an individual, precious metal was physically removed from the coin, which could then be passed on at the original face value, leaving the debaser with a profit. Coin debasement was effected by several methods, including clipping and sweating.
The United States large cent was a coin with a face value of 1/100 of a United States dollar. Its nominal diameter was 11⁄8 inch (28.57 mm). The first official mintage of the large cent was in 1793, and its production continued until 1857, when it was officially replaced by the modern-size one-cent coin.
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.
Fluting in architecture consists of shallow grooves running along a surface.
The Great Recoinage of 1696 was an attempt by the English Government under King William III to replace the hammered silver that made up most of the coinage in circulation, much of it being clipped and badly worn.
Ancient furniture was made of many different materials, including reeds, wood, stone, metals, straws, and ivory. It could also be decorated in many different ways. Sometimes furniture would be covered with upholstery, upholstery being padding, springs, webbing, and leather. Features which would mark the top of furniture, called finials, were common. To decorate furniture, contrasting pieces would be inserted into depressions in the furniture. This practice is called inlaying.
Coin edges may be plain (smooth) or patterned, or a combination of both. They can also include lettering.