Privy Mark
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Privy Mark
A privy mark was originally a small mark or differentiation in the design of a coin for the purpose of identifying the mint, moneyer, some other aspect of the coin's origin, or to prevent counterfeiting. One of the first instances of a privy mark used as a counterfeit measure was during the 17th century in a plan proposed by Sir Edward Ford to mint farthings, halfpence and three-farthings. In modern times, the privy mark is used as a design and marketing feature to commemorate a special event or signify that the coin is part of a set. It is still sometimes used to signify the location or origin of where the coin was minted, but is then usually referred to as a mint mark. Some privy marked coins – such as the Canadian Silver Privy Marked Maple Leaf – may sell at a premium. See also *Mint mark A mint mark is a letter, symbol or an inscription on a coin indicating the mint where the coin was produced. It should not be confused with a mintmaster mark which is the mark of ...
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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 ...
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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 ...
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Moneyer
A moneyer is a private individual who is officially permitted to mint money. Usually the rights to coin money are bestowed as a concession by a state or government. Moneyers have a long tradition, dating back at least to ancient Greece. They became most prominent in the Roman Republic, and continued into the Empire. In Rome the position of Triumvir Monetalis, held by three people at a time, was a minor magistracy awarded by the Senate, often the first office held by a young politician. Marcus Aurelius is one famous example; John Hull is another with his founding of the Hull Mint for the Massachusetts Bay Colony. Moneyers were not limited to the ancient world. When European coinage was revived during the Middle Ages, moneyers again were trusted to create currency on behalf of kings and potentates. For a large part of that era, virtually all coins in circulation were silver pennies, and these often bore the name or other identification of the moneyer.Grierson et al. 2007 See a ...
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Coin Counterfeiting
Coin counterfeiting of valuable antique coins is common; modern high-value coins are also counterfeited and circulated.Coin Counterfeiting
Counterfeit Coins (2007-26-09)
Counterfeit antique coins are generally made to a very high standard so that they can deceive experts. This is not easy and many coins still stand out.


History

Counterfeits of higher-value coins in circulation, designed for general circulation at face value, have been made by criminals for thousands of years.


Circulating coins

For modern coins in general circulation, the most common method of protection from forgeries is the use of made of two

Edward Ford (soldier)
Sir Edward Ford, 22 April 1605 to 3 September 1670, was a member of the West Sussex gentry and inventor, who fought for the Royalists in the Wars of the Three Kingdoms. In his "History of the Rebellion", Clarendon judged that while 'a man of honesty and courage', Ford lacked experience of war and was an ineffectual soldier. However, he proved a reliable and trustworthy agent during negotiations between Charles I and Parliament in the period leading up to the 1648 Second English Civil War. Personal details Edward Ford was born on the family estates at Uppark, near Harting, West Sussex, eldest son of Sir William Ford (1570- 1653) and Anna Carell (1575-1658). He had an elder sister Magdalen (1604-?), and two younger brothers, John (1606-1681) and William (1608-?). Sometime before 1634 he married Sarah Ireton, sister of Puritan radical and future Parliamentarian general Henry Ireton. They had one surviving daughter Katherine (1634 to 1682). Career He became a gentleman-commoner ...
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Farthing (English Coin)
A farthing (derived from the Anglo-Saxon ''feorthing'', a ''fourthling'' or ''fourth part'') was a coin of the Kingdom of England worth one quarter of a penny, of a pound sterling. Such coins were first minted in England in silver in the 13th century, and continued to be used until the Kingdom of England was merged into the new Kingdom of Great Britain in 1707. Early farthings were silver, but surviving examples are rare. The first copper farthings were issued during the reign of King James I, who gave a licence for minting them to John Harington, 1st Baron Harington of Exton. Licences were subsequently given out until after the Commonwealth, when the Royal Mint resumed production in 1672. In the late 17th century the English farthing was also minted in tin. For later farthings, minted in the 18th century and for use in Scotland as well as in England and Wales, and in the 19th and 20th centuries for use in Great Britain and Ireland, see Farthing (British coin). Early farthi ...
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Halfpenny (British Pre-decimal Coin)
The British pre-decimal halfpenny, (pronounced ), historically also known as the obol and once abbreviated ''ob.'' (from the Latin 'obulus'), was a denomination of sterling coinage worth of one pound, of one shilling, or of one penny. Originally the halfpenny was minted in copper, but after 1860 it was minted in bronze. In the run-up to decimalisation it ceased to be legal tender from 31 July 1969. The halfpenny featured two different designs on its reverse during its years in circulation. From 1672 until 1936 the image of Britannia appeared on the reverse, and from 1937 onwards the image of the Golden Hind appeared. Like all British coinage, it bore the portrait of the monarch on the obverse. "Halfpenny" was colloquially written ''ha’penny'', and "''d''" was spoken as "a penny ha’penny" or ''three ha’pence'' . "Halfpenny" is a rare example of a word in the English language that has a silent ' f'. Before Decimal Day in 1971, sterling used the Carolingian moneta ...
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English Three Farthing Coin
The silver three-farthing ( d) coin was introduced in Queen Elizabeth I's third and fourth coinages (1561–1582), as part of a plan to produce large quantities of coins of varying denominations and high metal content. The obverse shows a left-facing bust of the queen, with a rose behind her and the legend E D G ROSA SINE SPINA – Elizabeth, by the grace of God a rose without a thorn – while the reverse shows the royal arms with the date above the arms and a mint mark at the beginning of the legend reading CIVITAS LONDON – City of London The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London fr ..., the Tower Mint. The three-farthings coin closely resembles the three-halfpence coin, differing only in the diameter, which is 14 millimetres for an unclipped coin, compared to 16 mm for t ...
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Mint Mark
A mint mark is a letter, symbol or an inscription on a coin indicating the mint where the coin was produced. It should not be confused with a mintmaster mark which is the mark of the mintmaster. History Mint marks were first developed to locate a problem. If a coin was underweight, or overweight, the mint mark would immediately tell where the coin was minted, and the problem could be located and fixed. Another problem which could occur would be a dishonest mint official debasing the coin, or putting less precious metal in the coin than specified. The first mint marks, called "Magistrate Marks" were developed by the Greeks, and named the Magistrate in charge of producing that coin. Debasing a coin, or otherwise tampering with it, was a very serious crime, often punishable by death in many civilizations. For example, in 1649, the directors of the Spanish colonial American Mint at Potosi, in what is today Bolivia, were condemned to death for seriously debasing the coinage. The init ...
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Canadian Silver Maple Leaf
The Canadian Silver Maple Leaf is a silver bullion coin that is issued annually by the Government of Canada since 1988. It is produced by the Royal Canadian Mint. The Silver Maple Leaf is legal tender. The face value is 5 Canadian dollars. The market value of the metal varies, depending on the spot price of silver. The 99.99% silver content makes the coin among the finest official bullion coins worldwide. The standard version has a weight of 1 troy ounce (31.10 grams). The Silver Maple Leaf's obverse and reverse display, respectively, the profile of Elizabeth II and the Canadian Maple Leaf. In 2014, new security features were introduced: radial lines and a micro-engraved laser mark. Information The Silver Maple Leaf is issued annually by the Government of Canada. Introduced in 1988 by the Royal Canadian Mint, there have been three subsequent standard editions and several special editions. The Silver Maple Leaf's obverse displays the profile of Elizabeth II. There have been th ...
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Mint Mark
A mint mark is a letter, symbol or an inscription on a coin indicating the mint where the coin was produced. It should not be confused with a mintmaster mark which is the mark of the mintmaster. History Mint marks were first developed to locate a problem. If a coin was underweight, or overweight, the mint mark would immediately tell where the coin was minted, and the problem could be located and fixed. Another problem which could occur would be a dishonest mint official debasing the coin, or putting less precious metal in the coin than specified. The first mint marks, called "Magistrate Marks" were developed by the Greeks, and named the Magistrate in charge of producing that coin. Debasing a coin, or otherwise tampering with it, was a very serious crime, often punishable by death in many civilizations. For example, in 1649, the directors of the Spanish colonial American Mint at Potosi, in what is today Bolivia, were condemned to death for seriously debasing the coinage. The init ...
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