The crazy world of coin collecting and its vocabulary

When I started collecting coins when I was younger, I found out that the crazy thing about it was the vocabulary.  It’s the craziest thing that I have ever heard—there’s about Good and about uncirculated (which are both terms that you use to grade a coin).  There’s even a matte proof, an inverted date, and even a hub.

Here’s some more words that will make your head spin:

Bag mark—these are marks on a coin that occur when coins bump into each other.  This could happen when they are placed in bags at the mint or being moved in the bag. Larger size coins typically exhibit more bag marks than smaller ones due to their size.

Rim—this is the raised edge of a coin that’s created by a machine called the upsetting mill. The idea of a rim is that if the edge on both sides of the coin is raised as high as the design it will help protect the coins design from wear.  This way the coin can be in circulation a little longer without being replaced.

Walker—this is a nick name for the United States Walking Liberty Half dollar.  The design was made between 1916 and 1947, and this is thought by some to be one of the US most beautiful coin designs. The current American Silver Eagles that United States makes have the same design on their obverse.

These are just a few of the terms that I’ve heard over the years.  What have you heard?

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