To successfully be in touch with someone, one must always adopt with one common denominator aside from the must to have the same wavelength. In the case of coin collecting hobby, numismatists, or those people studying about coins have agreed to a list of coin collecting terminology and share it with their fellow coin enthusiasts. Coin terminologies are important factor to get any numismatist out from any confusion, for instance when attending a coin collection display or a prestigious coin show. Below are some terms that might be helpful when learned and when dealing with people embracing the world of coin collecting.
Actual gold weight refers to the definite gold amount in a particular coin. American Numismatic Association is an organization running non-profitably and is dedicated to the study of money and coins. Ancient is a term used to refer to coins made earlier than 500 A.D. Auction means an offer made to sell or advertise a specific item to whoever wins the bidding. Authentic refers to genuine and not fake coins. Billon is a term for alloy created when joining silver and other medal.
Blue sheet is the common name for the newsletter, Certified Coin Dealers. Brilliant uncirculated refers to coins that have not yet been circulated. Business strike is a coin made for regular circulation. C-mint refers to a marking that signifies that the coin has been struck somewhere in the mints of North Carolina, while cc-mint is a marking indicating the coin to have been struck at Carson City, mint of Nevada. CCDN is the acronym for Certified Coin Dealers Newsletter. CCE stands for Certified Coin Exchange.
Circulated is a terminology indicating that a coin has been satisfactorily taken cared of thus it no longer is in the state of mint. Condition rarity means the coin’s value increasingly depends on the coin’s condition, fairly than its definite uncommonness. Counterfeit means a deceptive reproduction of coins that has been changed to fake the collectors. Die, in coin collection terminology, generally refers to portion of steel, in cylindrical shape. Face value has a different meaning in coin collection terms. It means the set monetary value of the coin, the time the coin is issued.
These are just some of the important and must-know coin collecting terminologies. Any coin aficionado, especially those starting yet to venture into this kind of hobby must make acquainted into these terms to avoid shams and become one among the expert coin collectors around the globe.