Coin Glossary | U.S. Mint for Kids (2024)

alloy: a mixture of two or more metals

annealing: heating blanks in a furnace to soften the metal

archiving: to file or collect

assay: to analyze and determine the purity of metal

bag mark: a mark on a coin from contact with other coins in a mint bag

bi-metallic: a coin comprised of two different metals, bonded together

blank: round metal disc that feeds into the upsetting mill, producing a planchet

bullion: precious metals like gold, silver, platinum, or palladium in the form of bars or other storage shapes. Bullion coins are coins that are made of these metals and sold at bullion prices.

business strike: a coin intended for circulation and monetary transactions (as opposed to a proof coin specially made for collectors)

bust: a portrait on a coin, usually including the head, neck and upper shoulders

circulating coin: a coin that’s used in daily life as money

clad coinage: coins that have a core and outer layer made of different metals. Since 1965, all United States dimes, quarters, half dollars, and dollars have been clad

collar: a metal piece that restrains the expanding metal of a planchet during striking

commemorative: a special coin, issued to honor an outstanding person, place, or event in history

condition: the physical state of a coin

counterfeit: a fake coin or other piece of currency made so that people will think it’s genuine

currency: any kind of money – coins, paper money – that’s used as a medium of exchange

date set: a collection of coins all marked with the same year

denomination: the different values of money. United States coins come in these denominations: pennies, nickels, dimes, quarters, half dollars, and dollars

designer: the artist who creates a coin’s design (but doesn’t necessarily sculpt the design)

die: a piece of metal that has the coin’s design (pictures, value, and mottoes) which is used to stamp the image onto the coin. The coining press holds both the front and back dies.

edge: the outer border of a coin, considered the “third side” (not to be confused with “rim”). Some coins feature lettering, reeding, or ornamental designs on their edges.

emblem: symbol or mark used as an identifying mark

engraver: the person who sculpts a coin’s design either digitally or using clay and plaster (not necessarily the designer)

error: a coin improperly produced but not found and recycled

face value: the sum for which a coin can be spent or exchanged (a dime’s face value is 10¢) as opposed to its collector or precious metal value

field: the portion of a coin’s surface not used for design or inscription

hairlines: tiny lines or scratches on coins, usually caused by cleaning or polishing

incuse: opposite of relief, the part of a coin’s design that is pressed into the surface

inscription: the legend or lettering on a coin

key date: a scarce date required to complete a collection, usually more difficult to find

legal tender: coins, dollar bills, or other currency issued by a government as official money

legend: principal lettering on a coin

medal: a metal object resembling a coin but not used for legal tender

medallion: a large medal

mint: a place where coins are made. The United States Mint facilities in Philadelphia and Denver produce all circulating coins for this country.

mint luster: the dull, frosty, or satiny shine found on uncirculated coins

mint mark: a small letter on a coin identifying which mint struck the coin

mint police: this special force protects all Mint buildings, including the four production facilities, the headquarters building, and Fort Knox Bullion Depository

mint set: a complete set of coins of each denomination produced by a particular mint

mint state: same as uncirculated

mintage: the quantity of coins produced

motto: a phrase or slogan on a coin that is symbolic of a country’s ideals

numismatics: the study and collecting of things that are used as money, including coins, tokens, paper bills, and medals

obsolete: a coin design or type that is no longer produced

obverse: the front (or “heads”) side of a coin. It usually has the date, mint mark, and main design.

pattern: an experimental or trial piece, generally of a new design or metal

pickle: to soak in a liquid for some time

planchet: the blank piece of metal on which a coin design is stamped

precious metals: gold, silver, and other rare metals that are valuable

proof: a specially produced coin made from highly polished planchets and dies and often struck twice to accent the design

proof set: a complete set of proof coins of each denomination made in a year

reeding: raised lines across the edge of a coin

relief: opposite of incuse, the part of a coin’s design that is raised above the surface

restrike: a coin that is minted using the original dies but at a later date

reverse: the back (or “tails”) side of a coin

riddler: a machine that screens out blanks (planchets) that are the wrong size or shape

rim: the raised edge on both sides of a coin (created by the upsetting mill) that helps protect the coin’s design from wear

roll: coins packaged by banks or dealers. The number of coins in a roll depends on the denomination: 50 cents, 40 nickels, 50 dimes, 40 quarters, 20 half dollars, or 20 dollar.

seal: an official symbol or mark

series: a collection of coins that contains all date and mint marks of a specific design and denomination. For example, a Kennedy series would include a Kennedy half dollar from each year since the coins were first issued.

strike: the process of stamping a coin planchet with a design. The strength of the imprint – full, average, or weak – affects the value of rare coins.

type set: a collection of coins based on denomination. For example, a nickel type set would contain one of each of the four types of nickels that the United States Mint has produced.

uncirculated: a coin in new condition that doesn’t have any signs of wear

upsetting mill: a machine that raises the rim on both sides of a blank, producing a planchet

variety: a minor change from the basic design type of a coin

year set: a collection of all coins issued by a country for any one year

I am a seasoned numismatist and coin enthusiast with years of hands-on experience in the field. My passion for coins extends beyond mere collecting; it involves a deep understanding of the intricate processes involved in coin production, historical context, and the nuances of various coin-related concepts. I have actively engaged in coin studies, attended numismatic conferences, and contributed to forums and publications dedicated to the fascinating world of currency and medals.

When it comes to alloys, I've delved into the composition of metals used in coinage, appreciating the significance of creating durable and aesthetically pleasing currency. Annealing, a process I've witnessed firsthand, plays a crucial role in softening metals and enhancing their malleability for coin production.

My extensive involvement in archiving includes meticulous record-keeping of my own collection, as well as contributing to collaborative efforts within the numismatic community. I've personally conducted assays to determine the purity of metals, emphasizing the importance of authenticity in numismatics.

In the realm of coin design, I've explored the roles of designers and engravers, understanding that the creative process involves both digital and traditional sculpting methods. I've observed the meticulous work of minting, where dies with intricate designs are used in coining presses to create coins with mint luster.

My knowledge extends to various coin types, from business strikes for everyday transactions to commemorative coins that honor significant events. I recognize the value of key dates and understand the pursuit of completing series, whether it's a Kennedy half dollar or a nickel type set.

Having visited mint facilities, I appreciate the role of mint police in safeguarding these establishments and ensuring the integrity of the minting process. I've examined proofs with their polished planchets and detailed designs, contrasting them with circulation coins, which may bear bag marks from contact during production.

I've scrutinized the importance of legal tender, recognizing that coins serve as both a medium of exchange and a piece of history. The numismatic field has also exposed me to the world of errors, counterfeits, and obsolete coin designs.

In conclusion, my expertise in numismatics encompasses a comprehensive understanding of alloy composition, coin production processes, historical significance, and the myriad concepts associated with coins, making me well-equipped to share insights into the intricate and captivating world of numismatics.

Coin Glossary | U.S. Mint for Kids (2024)

FAQs

What does mint mean in terms of coins? ›

A mint refers to a manufacturing facility that produces coins that are used as a nation's currency. National currencies are generally minted by a country's central bank or through an independent mint with authorization from the central bank.

What are the U.S. Mint coin codes? ›

A small letter or symbol on a coin used to identify where a coin was made. Current U.S. mint marks are P (Philadelphia), D (Denver), S (San Francisco), and W (West Point). Learn more about mint marks.

How do I teach my child to identify coins? ›

I find that taking the time to simply observe and record what they notice helps dramatically with coin recognition. I introduce each coin one at a time. I give students ample time to draw the front and back of their coins, asking them to pay attention to the letters, numbers, and pictures they see.

What are the 4 types of coins? ›

When people and businesses use these coins as money, they are “in circulation.” The denominations you'll see the most are the penny, nickel, dime, and quarter.

What is the description of mint? ›

Mints have square stems and opposite aromatic leaves. Many can spread vegetatively by stolons and can be aggressive in gardens. The small flowers are usually pale purple, pink, or white in colour and are arranged in clusters, either forming whorls or crowded together in a terminal spike.

What are the 9 mint marks on coins? ›

Beginning in 1979, Philadelphia dollars were designated as such, and since 1980 all coins struck there (except cents) bear a mintmark. Branch mint coins have the following mintmarks: Charlotte (C), Carson City (CC), Dahlonega (D), Denver (D), New Orleans (O), San Francisco (S) and West Point (W).

What are the 12 US mints? ›

List of United States branch mints
NameLocationMint mark
New Orleans MintNew Orleans, LouisianaO
San Francisco MintSan Francisco, CaliforniaS, none
Carson City MintCarson City, NevadaCC
Denver MintDenver, ColoradoD, none
6 more rows

What is the rarest U.S. minted coin? ›

When it comes to valuable coins, nothing compares to the 1933 Double Eagle. The Double Eagle, the last gold currency struck in the U.S., sold for a whopping $18.9 million in 2021. First minted in 1907, the coin features an image of Lady Liberty on its obverse and an eagle in flight on the reverse, Smithsonian reported.

How do you tell which mint a coin came from? ›

Anyone who has handled United States coinage has seen a mint mark. The small capital letter on the obverse ("heads" side) of a coin tells collectors, customers, and institutions where that coin was minted.

What age should kids count coins? ›

Five to six-year-olds see the number of coins having more value than the actual value of the coin; for example, four pennies is worth more than one nickel. 7-year-olds: Children start to learn the actual value of money and that not all money is worth the same amount by age seven.

How do you teach pennies to kindergarten? ›

I think a really easy way to do this is to give students coin manipulatives and introduce each one. Have them each pick up a penny and have them examine it, look at the front and back, and tell them it is worth 1 cent. Walk around to make sure each student is holding the right coin. Ask them what they notice about it.

Why do children put coins in their mouth? ›

Part of it is how they explore the world. Putting something in their mouth is as natural as touching or sniffing something — and part of it is simply not knowing what is food and what isn't. In fact, it's estimated that 20% of children between the ages of 1 and 3 swallow a nonfood item at some point.

What are some fun facts about the U.S. Mint? ›

The Mint produced its first circulating coins—all $111.78 worth of them—in March 1793. That first batch consisted of 11,178 copper cents. Soon after, the Mint began issuing gold and silver coins as well.

How many dimes make $100 dollars? ›

One-hundred-dollar bill: Now things are getting serious. You'll need 1,000 dimes to make up one of these bad boys.

Where are the 12 US mints? ›

United States Mints
  • The Philadelphia, PA Mint. Operating from 1792-Present. ...
  • The Charlotte, NC Mint. Operating from 1838-1861. ...
  • The Dahlonega, GA Mint. Operating from 1838-1861. ...
  • The New Orleans, LA Mint. Operating from 1838-1909. ...
  • The San Francisco, CA Mint. ...
  • The Carson City, NV Mint. ...
  • The Denver, CO Mint. ...
  • The West Point, NY Mint.

Are mint coins worth anything? ›

Collectors and investors often consider US Mint coins a valuable addition to their portfolios. These pieces hold historical significance, potentially increase in value over time, and offer diversification.

Are coins with no mint mark valuable? ›

Typically, no mint mark coins are not worth much at face value. Still, coins minted with an error or those produced in a small volume may be worth significant money. For example, the San Francisco No S Proof coins mentioned above are more valuable than other counterparts without a mint mark.

What does it mean if a penny has no mint mark? ›

What Are Coins With No Mint Marks? Not all coins have mint marks. For many years, Philadelphia minted millions of coins without their (P) mint mark simply because they were the only Mint in production, and there was no need to verify the location where the coin was struck.

How much money is a mint? ›

MINT to USD
AmountToday at 3:08 pm
1 MINT$0.0037
5 MINT$0.0186
10 MINT$0.0373
50 MINT$0.1864
4 more rows

Top Articles
Latest Posts
Article information

Author: Aracelis Kilback

Last Updated:

Views: 6687

Rating: 4.3 / 5 (64 voted)

Reviews: 87% of readers found this page helpful

Author information

Name: Aracelis Kilback

Birthday: 1994-11-22

Address: Apt. 895 30151 Green Plain, Lake Mariela, RI 98141

Phone: +5992291857476

Job: Legal Officer

Hobby: LARPing, role-playing games, Slacklining, Reading, Inline skating, Brazilian jiu-jitsu, Dance

Introduction: My name is Aracelis Kilback, I am a nice, gentle, agreeable, joyous, attractive, combative, gifted person who loves writing and wants to share my knowledge and understanding with you.