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Die Crack
A die defect is a unique and unintentional flaw in a coin die and is created through excessive use or polishing of the die. A die bearing such a defect is occasionally referred to as a defective die. Generally, and depending upon the magnitude of the defect, coins that are produced from these dies are considered error coins. Also, the term encompasses a wide variety of design errors that were engraved into the die originally and were slipped into circulation before the incorrect design was discovered. Types Die crack A die crack occurs when a die, after being subjected to immense pressure during the minting process, cracks, causing a small gap in the die. If this damaged die continues to produce coins, the metal will fill into the crack, thus revealing a raised line of metal in the finished coin. Specimens with more prominent die cracks can command a high premium and are valued greatly by some collectors. However, less obvious errors are quite common, especially in the 50 States ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coin Die
Minting, coining or coinage is the process of manufacturing coins using a kind of stamping, the process used in both hammered coinage and milled coinage. This "stamping" process is different from the method used in cast coinage. A coin die is one of the two metallic pieces that are used to strike a coin, one per each side of the coin. A die contains an inverse version of the image to be ''struck'' on the coin. ''Striking'' a coin refers to pressing an image into the blank metal disc, or planchet, and is a term descended from the days when the dies were struck with hammers to deform the metal into the image of the dies. Modern dies made out of hardened steel are capable of producing many hundreds of thousands of coins before they are retired and defaced. Ancient coin dies Prior to the modern era, coin dies were manufactured individually by hand by artisans known as engravers. In demanding times, such as the crisis of the Roman Empire in the 3rd century, dies were still use ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coin
A coin is a small, flat (usually depending on the country or value), 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''. Coins are usually made of metal or an alloy, or sometimes of man-made materials. They are usually disc shaped. Coins, made of valuable metal, are stored in large quantities as bullion coins. Other coins are used as money in everyday transactions, circulating alongside banknotes. Usually the highest va ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mint-made Errors
Mint-made errors are errors during the mint (coin), minting process. Groups of coins with distinctive characteristics are known as varieties. The term variety applies to coins with both intended and unintended differences while the term error refers only to coins with unintended differences. Nevertheless, not all errors are varieties. Although there may be many identical examples of some errors, others are unique. For example, there may be many indistinguishable examples of coins with a specific die crack, while off-center strikes tend to be unique. Being unique does not mean that an error is valuable. Although no other coin may be similar to a coin with an off-center strike, off-center strikes happen often enough that buyers can choose from many examples each of which varies slightly from the other. Mint error coins can be the result of deterioration of the minting equipment, accidents or malfunctions during the minting process, or intentional interventions by mint personnel. Acc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Circulation (currency)
In monetary economics, the currency in circulation in a country is the value of currency or cash (banknotes and coins) that has ever been issued by the country’s monetary authority less the amount that has been removed. More broadly, money in circulation is the total money supply of a country, which can be defined in various ways, but always includes currency and also some types of bank deposits, such as deposits at call. The published amount of currency in circulation tends to be overstated by an unknown amount because it does not take into account money that has been destroyed, or held by individuals as a form of security (the proverbial “money under the mattress”), or by coin collectors, domestic or foreign, or which is held in reserve within the banking system, including currency held by foreign central banks as a foreign exchange reserve asset. Domestic demand for currency The currency in circulation in a country is based on the need or demand for cash in the community ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pressure
Pressure (symbol: ''p'' or ''P'') is the force applied perpendicular to the surface of an object per unit area over which that force is distributed. Gauge pressure (also spelled ''gage'' pressure)The preferred spelling varies by country and even by industry. Further, both spellings are often used ''within'' a particular industry or country. Industries in British English-speaking countries typically use the "gauge" spelling. is the pressure relative to the ambient pressure. Various units are used to express pressure. Some of these derive from a unit of force divided by a unit of area; the SI unit of pressure, the pascal (Pa), for example, is one newton per square metre (N/m2); similarly, the pound-force per square inch (psi) is the traditional unit of pressure in the imperial and U.S. customary systems. Pressure may also be expressed in terms of standard atmospheric pressure; the atmosphere (atm) is equal to this pressure, and the torr is defined as of this. Manometric u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mint (coin)
A mint is an industrial facility which manufactures coins that can be used as currency. The history of mints correlates closely with the history of coins. In the beginning, hammered coinage or cast coinage were the chief means of coin minting, with resulting production runs numbering as little as the hundreds or thousands. In modern mints, coin dies are manufactured in large numbers and planchets are made into milled coins by the billions. With the mass production of currency, the production cost is weighed when minting coins. For example, it costs the United States Mint much less than 25 cents to make a quarter (a 25 cent coin), and the difference in production cost and face value (called seigniorage) helps fund the minting body. Conversely, a U.S. penny ($0.01) cost $0.015 to make in 2016. History The first minted coins The earliest metallic money did not consist of coins, but of unminted metal in the form of rings and other ornaments or of weapons, which were used for th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coinage Metals
The coinage metals comprise, at a minimum, those metallic chemical elements which have historically been used as components in alloys used to mint coins. The term is not perfectly defined, however, since a number of metals have been used to make "demonstration coins" which have never been used to make monetized coins for any nation-state, but could be. Some of these elements would make excellent coins in theory (for example, zirconium), but their status as coin metals is not clear. In general, because of problems caused when coin metals are intrinsically valuable as commodities, there has been a trend in the 21st century toward use of coinage metals of only the least exotic and expensive types. History Historically, most coinage metals (or alloys) are from the three nonradioactive members of group 11 of the periodic table: copper, silver and gold, the copper usually being augmented with tin and often other metals to form bronze. Gold, silver and bronze or copper were the coinag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Numismatist
A numismatist is a specialist in numismatics ("of coins"; from Late Latin ''numismatis'', genitive of ''numisma''). Numismatists include collectors, specialist dealers, and scholars who use coins and other currency in object-based research. Although use of the term numismatics was first recorded in English in 1799, people had been collecting and studying coins long before this, all over the world. The first group chiefly derives pleasure from the simple ownership of monetary devices and studying these coins as private amateur scholars. In the classical field amateur collector studies have achieved quite remarkable progress in the field. Examples are Walter Breen, a well-known example of a noted numismatist who was not an avid collector, and King Farouk I of Egypt was an avid collector who had very little interest in numismatics. Harry Bass by comparison was a noted collector who was also a numismatist. The second group are the coin dealers. Often called professional numismatist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coining (mint)
Minting, coining or coinage is the process of manufacturing coins using a kind of stamping, the process used in both hammered coinage and milled coinage. This "stamping" process is different from the method used in cast coinage. A coin die is one of the two metallic pieces that are used to strike a coin, one per each side of the coin. A die contains an inverse version of the image to be ''struck'' on the coin. ''Striking'' a coin refers to pressing an image into the blank metal disc, or planchet, and is a term descended from the days when the dies were struck with hammers to deform the metal into the image of the dies. Modern dies made out of hardened steel are capable of producing many hundreds of thousands of coins before they are retired and defaced. Ancient coin dies Prior to the modern era, coin dies were manufactured individually by hand by artisans known as engravers. In demanding times, such as the crisis of the Roman Empire in the 3rd century, dies were still used ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Die-deterioration Doubling
{{numismatics Die deterioration doubling (DDD) is a common form of mint-made error on many United States and Canadian coins that results from degradation of the die used to strike the coin. Due to a combination of improper preparation and treatment of the dies, excessive wear, and overuse, die deterioration doubling has occurred on nearly every series issued by the US mint in recent times. Certain coins are more susceptible to it than others, due to various factors, but it does occur on most series of coins. Causes Annealing Errors During the annealing process of die making, two main errors can occur, resulting in less than perfect dies. It is impossible to tell without expensive and lengthy tests whether these errors occurred, but they will lead to significantly weaker dies and a higher tendency to deteriorate quickly. The first thing which can happen to a die in this process what metallurgists call decarburization. Decarburization is the result of an improper mix of metals ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Doubled Die
A double is a look-alike or doppelgänger; one person or being that resembles another. Double, The Double or Dubble may also refer to: Film and television * Double (filmmaking), someone who substitutes for the credited actor of a character * ''The Double'' (1934 film), a German crime comedy film * ''The Double'' (1971 film), an Italian film * ''The Double'' (2011 film), a spy thriller film * ''The Double'' (2013 film), a film based on the Dostoevsky novella * '' Kamen Rider Double'', a 2009–10 Japanese television series ** Kamen Rider Double (character), the protagonist in a Japanese television series of the same name Food and drink * Doppio, a double shot of espresso * Dubbel, a strong Belgian Trappist beer or, more generally, a strong brown ale * A drink order of two shots of hard liquor in one glass * A "double decker", a hamburger with two patties in a single bun Games * Double, action in games whereby a competitor raises the stakes ** , in contract bridge ** Doublin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
