Uncirculated Coin
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Uncirculated Coin
The term uncirculated coin can refer to three things: * A coin that is released to the public but not intended for general circulation (i.e. not used as money although it is still legal tender) but is available through a mint or through a local coin dealer. * A coin that has been graded as 60+ on the Sheldon or European grading systems. * The process by which a coin is made. The US Mint uses this definition for the coins in the uncirculated coin set that it sells. For these coins, adjustments are made to the minting process which result in a more proof-like finish. These include using a higher force during coining, the use of fresh dies, and special cleaning. See also *Proof coinage Proof coinage refers to special early samples of a coin issue, historically made for checking the dies (as in demonstrating that something is true) and for archival purposes. Nowadays proofs are often struck in greater numbers specially for co ... References * {{DEFAULTSORT:Unc ...
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State Hood Quarter Obv Unc
State may refer to: Arts, entertainment, and media Literature * ''State Magazine'', a monthly magazine published by the U.S. Department of State * The State (newspaper), ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, United States * ''Our State'', a monthly magazine published in North Carolina and formerly called ''The State'' * The State (Larry Niven), a fictional future government in three novels by Larry Niven Music Groups and labels * States Records, an American record label * The State (band), Australian band previously known as the Cutters Albums * State (album), ''State'' (album), a 2013 album by Todd Rundgren * States (album), ''States'' (album), a 2013 album by the Paper Kites * ''States'', a 1991 album by Klinik * The State (album), ''The State'' (album), a 1999 album by Nickelback Television * The State (American TV series), ''The State'' (American TV series), 1993 * The State (British TV series), ''The State'' (British TV series), 2017 Oth ...
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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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Money
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are as a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an emergent market phenomenon that possess intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. Contexts which erode public confidence, such as the circulation of counterfeit money or domestic hyperinflation, can cause good money to lose its value. ...
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Legal Tender
Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. Some jurisdictions allow contract law to overrule the status of legal tender, allowing (for example) merchants to specify that they will not accept cash payments. Coins and banknotes are usually defined as legal tender in many countries, but personal cheques, credit cards, and similar non-cash methods of payment are usually not. Some jurisdictions may include a specific foreign currency as legal tender, at times as its exclusive legal tender or concurrently with its domestic currency. Some jurisdictions may forbid or restrict payment made by other than legal ...
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Coin Dealer
Coin collecting is the collecting of coins or other forms of minted legal tender. Coins of interest to collectors often include those that were in circulation for only a brief time, coins with mint errors, and especially beautiful or historically significant pieces. Coin collecting can be differentiated from numismatics, in that the latter is the systematic study of currency as a whole, though the two disciplines are closely interlinked. A coin's grade is a main determinant of its value. Commercial organizations offer grading services and will grade, authenticate, attribute, and encapsulate most coins. History People have hoarded coins for their bullion value for as long as coins have been minted. However, the collection of coins for their artistic value was a later development. Evidence from the archaeological and historical record of Ancient Rome and medieval Mesopotamia indicates that coins were collected and catalogued by scholars and state treasuries. It also seems ...
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Unc Quarter-Dollar Bag And Rolls
UNC is a three-letter abbreviation that may refer to: Education * University of Northern California (other), which may refer to: ** University of Northern California (Santa Rosa), in Petaluma, California, United States ** University of Northern California, Lorenzo Patiño School of Law in Sacramento, California, United States * The University of North Carolina system in the United States ** University of North Carolina at Chapel Hill, the flagship campus of the UNC system *** North Carolina Tar Heels, the athletic program of the Chapel Hill campus * University of Northern Colorado in Greeley, Colorado, United States * Universidad Nacional de Córdoba in Córdoba, Argentina * ''Universidad Nacional de Cajamarca'', Spanish name of National University of Cajamarca * ''Universitas Nicolai Copernici'', Latin name of Nicolaus Copernicus University in Toruń, Poland * Université de la Nouvelle-Calédonie (University of New Caledonia), the French university located in Nouméa, Ne ...
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Coin Grading
Coin grading is the process of determining the grade or condition of a coin, one of the key factors in determining its value. A coin's grade is generally determined by six criteria: strike, preservation, luster, color, attractiveness, and occasionally the country/state in which they’re minted. Several grading systems have been developed. Certification services professionally grade coins for tiered fees. Overview A "grade" measures a coin's appearance. There are generally five main components which determine a coin's grade: strike, surface preservation, luster, coloration and eye appeal. Grading is subjective and even experts can disagree about the grade of a given coin. History U.S. coin grading has evolved over the years to a system of finer and finer grade distinctions. Originally, there were only two grades, new and used. This changed to the letter grading system beginning with the lowest grade – ''Basal State'' (also ''Poor'' (PO)), then continuing ''Fair'' (Fr), ''Abou ...
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Sheldon Coin Grading Scale
The Sheldon Coin Grading Scale is a 70-point coin grading scale used in the numismatic assessment of a coin's quality. The American Numismatic Association based its ''Official ANA Grading Standards'' in large part on the Sheldon scale. The scale was created by William Herbert Sheldon. Original Sheldon Scale (1949) In 1949, the original scale was first presented in "Dr. William H. Sheldon's Early American Cents" titled "A Quantitative Scale for condition" as a way to grade Large cents. The scale is known today as the Sheldon scale. Adapted scale (1970s–present) By 1953 the original Sheldon scale had become outdated. It was not until the 1970s, however, that the ANA chose to adapt the scale for use on all US coins. The scale used today is a modification of the original Sheldon scale, with added adjustments, additions, deletions, and modifications to it. ''Note'': Some early American coin varieties are almost always found to be weakly struck in places. This does not bring ...
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United States Mint Set
The United States Uncirculated Coin Set, known as the Uncirculated Set or Mint Set in the United States, is an annual coin set sold by the United States Mint. The set is marketed towards coin collectors as a way to obtain circulation coins in mint condition. "Double" Mint Sets (1947–1958) The Uncirculated Mint Set was introduced in 1947, containing two examples of each coin issued for circulation packaged in a cardboard display case. The reason for this was so that collectors could display both the obverse and reverse of each coin in the set's packaging, which allowed only one side of the coin to be displayed. Because of the sulfur content in the cardboard packaging, many coins included in the sets developed toning. 1959–1964 Mint Sets In 1959, the packaging of the Mint Set was changed to cellophane pouches. This change allowed both sides of the coins to be displayed, and eliminated the need to include two examples of each coin. This led to a significant drop in pri ...
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Proof Coinage
Proof coinage refers to special early samples of a coin issue, historically made for checking the dies (as in demonstrating that something is true) and for archival purposes. Nowadays proofs are often struck in greater numbers specially for coin collectors (numismatists). Nearly all countries have issued proof coinage. Preparation of a proof striking usually involved polishing of the dies. They can usually be distinguished from normal circulation coins by their sharper rims and design, as well as much smoother "fields" – the blank areas not part of the coin's design. The dies for making modern proof coins are often treated with chemicals to make certain parts of the design take on a frosted appearance, with the polished fields taking on a mirror finish. Several other methods have been used in the past to achieve this effect, including sand blasting the dies, and matte proofs. Proof coins of the early 19th century even appear to be scratched, but it was part of the production ...
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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 ...
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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 ...
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