Numismatics Definitions
Some of the common terms used in the
coin collecting hobby and its meaning.
Abrasions |
Light marks of scuffing or rubbing typically from
friction |
Alloy |
A combination of more than 1 metal. Most coins
are made of Alloy for cost and making it difficult for melting. i.e., A coin
of Alloy would cost more segregate the metals after melting |
Annealing: |
The process of heating & cooling the coin
blanks (planchets) in a furnace to soften the metal prior to them being
struck. |
Anvil Die: |
See Die, Anvil |
AUNC: |
[Almost UNC]. Term used by small time dealers to
pass of a used coin as UNC. |
Bag mark |
Typically, coins are put into a Bag, and one coin
comes in contact with others, often leaving a mark. |
Blank: |
A piece of metal of right shape that is punched
out of the sheet of metal. This blank when treated goes on to become Planchet
on which coins are then stuck. |
Bottom Die: |
See Die, Anvil |
Bronze |
An alloy of Copper, Zinc and Tin. A popular
combination for minting coins. The exact composition of the Copper, Zinc and
Tin is decided on need basis. |
BU: |
See BUNC |
BUNC: |
[Brilliant Uncirculated] a descriptive term used
to indicate an uncirculated coin that still retains a lot of the brilliant
luster. Not a heavily toned coin. BU is used to abbreviate brilliant
uncirculated. The term is often used with Silver Coins, as Silver coins even
if UNC can have toning. |
Business Strike: |
See Strike, Circulation |
Cameo Finish |
Similar to Mirror Finish however the dies further
treated to nitric acid and alcohol to produce a light frosting over the
entire die surface. This frosting is called Cameo effect. The surrounding
areas would be polished to have a mirror finish on the background leaving the
main design |
Cameo: |
A coin (usually a proof) that has a mirror like
background to the surface of the coin and a design that is frosted looking.
Special treatments of the dies make this cameo frosted effect. In older
minting process, the initial coins stuck when the die was new might have a cameo
appearance. Later as the dies starts to wear (or break in) the coins produced
will have less and less of the cameo frosting. |
Circulation Strike: |
See Strike, Circulation |
Cleaning |
A process of removing the dirt or changing the
coin to look good. The term cleaning is used in negative context. Typically,
this process is used to make the coin look good. Also see preserving. |
COA: |
[Certificate of Authenticity]. A paper
certificate usually from the issuing mint that declares the coin or item is
genuine, typically also gives of the details of weight and composition in
Indian Proof and UNC Sets. |
Commemorative Coins |
A coin issued to celebrate a specific event or
mark a special occasion. |
Cud: |
A type of error when a coin is struck by a broken
die [Minor Die Break] the place where the die is broken will show extra metal
[or flat and not stuck part] on the surface of a coin. This area of the coin
is called "Cud". |
DDO |
Double Die Obverse in which the doubled images in
one or more places on the Obverse die. Also see DDR |
DDR |
Double Die Reverse in which the doubled images in
one or more places on the Reverse die. Also see DDO |
Definitive Coins |
Coins used for normal every day usage i.e.,
Standard Coins |
Designer |
The artist who creates the coins design |
Details |
Small features of the coin. i.e., one would say
this coin has rich features and good details. |
Die, Anvil: |
A coin is struck using 2 dies. One for the
Obverse and one for the Reverse. The Anvil Die is the one which is placed at
the bottom and also called “Bottom Die”. The origin of the term lies in the
fact that in older times, the Die was placed on an Anvil, the coin blank
[planchet] placed on top of this die and other die placed on top. This was
then struck with a Hammer. The die placed on the bottom was hence called
Anvil Die. As a convention the Reverse die is placed on the Anvil. The wear
on the Anvil die is less than that of the Hammer die. |
Die, Hammer: |
A coin is struck using 2 dies. One for the
Obverse and one for the Reverse. The Hammer Die is the one which is placed at
the top and also called “Top Die”. The origin of the term lies in the fact
that in older times, the Die was placed on an Anvil, the coin blank
[planchet] placed on top of this die and other die placed on top. This was
then struck with an Hammer. The die placed on the top was hence called Hammer
Die. As a convention the Obverse die is placed on the Hammer side. The wear
on the Hammer die is more than the Anvil die. |
Die: |
A metal object that has the impression in incuse
[negative], so that when struck the image in relief[positive] gets created on
the coin blank. |
Edge, Milled: |
The edge that has series of lines engraved on it. |
Edge, Plain: |
The edge that has no special design and is plain. |
Edge, Reeded: |
The edge that has series of lines engraved on it.
Same as Milled. |
Edge, Security: |
The edge apart from the lines engraved on it has
a pattern engraved to make counterfeit difficult. |
Edge: |
The periphery or the border side of the coin.
Also referred to as 3rd side. |
Engraver |
A person who creates the Master die from the
design |
Hammer Die: |
See Die, Hammer. |
Head: |
See Obverse. |
Incuse |
The design of the coin that is below the coins
surface. All Master Die and working Die’s will be in Incuse so that when
struck the coins will have relief. The Brockrage [Lakhi] coins show incuse. |
Legend |
The main inscription around the outer periphery
of the coin. Typically, more pronounced in the Commemorative issues. |
Luster |
The Glossy appearance of the surface of the coin.
This is typically brilliant when freshly minted. Over period the surface
loses luster and may become dull, frosty, spotted or discoloured. |
Matte Finish |
Similar to Mirror Finish, however a rough
granular feature is obtained by sandblasting |
Milled Edge |
See Edge, Milled |
Mint Mark |
A symbol or a letter adopted by the Mint to
identify / indicate the mint from where the coins were minted / struck. |
Mint Mark, Diamond |
The Mint Mark used by Bombay / Mumbai Mint in the
shape of small Diamond |
Mint Mark, Dot in Diamond |
The Mint Mark used by Hyderabad Mint where the
Diamond has a small dot [incuse] in the centre to distinguish it from Mumbai
Mint mark |
Mint Mark, Split Diamond |
The Mint Mark used by Hyderabad Mint where the
Diamond was split in centre |
Mint Mark, Star |
The current mint mark adopted by Hyderabad Mint
in the shape of Star |
Mirror Finish |
The dies are cleaned and polished with diamond
paste to create a mirror like finish on the coins that are struck. Normally
used to strike proof coins. |
Mule |
A coin struck with pair of Obverse and Reverse
that were not intended to be used together. Indian has quite a few
interesting Mules. |
Mylar: |
A trademark polyester material used to store
coins. PVC spoils the coins and corrodes them. Mylar is neutral and does not
spoil the coin. |
Numismatics |
Study relating to coins |
Numismatist |
A coin collector or student or expert |
Obverse: |
Also called Head. The most significant side of
the coin. In Indian coinage this is the side that have Value imprinted. It is
quite confusing in Indian coinage as we have “Ashoka Emblem” on one side of
the coin and this resembles “Head” to most common people. Hence if you are
tossing a coin, define the Head and Tail beforehand. In most Indian Coinage,
the side having the Ashoka Lion is actually Tail or Reverse. |
Off Center: |
A type of error coin in which the details are not
cantered but as off, the coin shows partial blank face and partial image of
the indented strike. |
OMS: |
Off Metal Strike, a type of error where the metal
used for minting is different from the one intended for minting the
particular denomination coin. This type of error happens at the first stage
of planchet creation. |
Patina |
A green or brown film on ancient copper or bronze
coins caused by Oxidation. |
Pattern |
A prototype of the proposed coin design. |
Plain Edge |
See Edge, Plain |
Planchet: |
A blank round [or of the right shape] piece of
metal that is ready to be stuck so as to create a coin. This is also called
flan |
Preserving |
This is used in the +ve Context. A process
adopted to prevent the coin from further damage. i.e. remove dirt or any acid
or any other material that if left as is would damage the coin further. Also
see Cleaning. |
Proof Coin: |
See Strike, Proof |
Proof Strike: |
See Strike, Proof |
Reeded Edge |
See Edge, Reeded |
Relief: |
The part of the design that is raised from the
surface of the coin. If the design is above the coins surface its said to be
in relief. Normal coins that one sees, even the Hub’s [used to make the
Master / working dies] would have relief |
Restrike: |
A coin minted from original set of dies by the
mint at a later date for a second time. |
Reverse: |
Also called Tail. The side opposite to Obverse.
In Indian coinage, this varies, in most definitive it can be said to be the
side with “Ashoka Emblem” but not always, in commemorative coins, it’s the
side with commemorative theme. |
Rim |
The raised portion of the coin in circular shape
on the periphery on both Obverse and Reverse side. This has multiple purposes
like preventing the metal to flow over during coin strikes, to have the
ability to stack coins, prevent wear on the coins |
Rim: |
The raised position on both sides of the coin
around periphery. The Rim helps stop the metal flow with the coin is struck.
It also helps stack the coins on top of each other. The Rim also prevents /
reduce the wear on the coin in normal course of usage. |
Security Edge |
See Edge, Security |
Standard Coins |
See Definitive Coins |
Strike / Strikes: |
Defines how the coins were struck. There are
different types of strikes with respect to Indian Coinage. |
Strike, Circulation: |
Also called Business Strike. Most common strike
for circulating coins. The details are not sharp. They are stuck using
high-capacity machines often striking nearly 40 coins per second or even
faster. |
Strike, Proof: |
A coin that is struck as proof means it’s at
least struck 2 or more times. There is mirror and or frost finish. The
details are very sharp and clear. The dies themselves have quite a good
incuse so that coin details come out good. The dies are specially polished
and coins are hand struck and inspected. In case the number of coins being struck
is large, the dies are polished again after every few strikes. These are the
best grade of coins. They are specially packaged for collectors and sold at
premium by Mint. Proof Coins are typically sold from mint in the year of
release by inviting bookings. The mintage is to the order of bookings. |
Strike, UNC: |
In Indian coinage, the Indian Mints also strike
some called UNC Strike. These are similar to Proof strikes in quality;
however, the dies are not sand blasted to have frost finish. The quality of strike
is quite good. These are again specially packaged for collectors and sold at
premium by Mint. The premium is slightly less than that of Proof. |
Tail: |
See Reverse |
Toning |
The natural discoloration of the coin, typically
silver by coming in contact with the atmosphere over a long period of time.
Toning is considered attractive and quite a few collectors would prefer coins
with toning. |
Top Die: |
See Die, Hammer. |
UNC Strike: |
See Strike, UNC |
UNC: |
Uncirculated coins. These are in mint condition
and have not been used / handled. Typically, an ardent collector will want to
have all his collection in UNC |
Upsetting Mill: |
A machine used to produce the Rim on both sides
of a Planchet. |
Variety |
A minor change to the basic design of the Die. |
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