Coin Glossary

You can find most popular coin collecting phrases in this coin glossary.

Coin Glossary

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incuse - the part of a coin's design that is pressed into the surface. Opposite of relief. Example: the $2 1/2 and $5 Indian US gold coins are incuse design. Rather than the design being raised up off of the surface of the coin, it is pressed into the metal. See "reeded edge" and "lettered edge" ingot - see "bars"

Ike dollar - see Eisenhower dollar

inscription - the words stamped (written) on a coin

intrinsic value - the value of the precious metal that a coin is made of. Often called "bullion value".  Not to be confused with "face value".

investment grade - used to indicate a high grade of coin that might make a good investment.

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Coin Collecting News
06/19/2018
$2 coin celebrates 30th birthday at Royal Australian Mint
You may not have as many jingling in your purse or pocket as you did a few years ago, but the durability of the $2 coin means it could be around for decades to come, despite Australia's shift towards a cashless society. It's 30 years today since the small ... more info

06/18/2018
How a Few Nickels Grew Into a Multi-Million Dollar Coin Collection
In the late 1980s, William Morton-Smith, a Santa Barbara, Calif.-based doctor, was rummaging through a garage that contained some of his deceased parents’ belongings. He opened the drawer of an old desk, and “there was a bunch of loose coins,” says ... more info

06/19/2018
How a coin led Ace Staffing Unlimited's top exec to move to Florida (Video)
Two decades ago, Tanya Meyer knew she wanted to leave Wisconsin. But she wasn't sure where to go. So she took a personal risk and based that decision on a coin flip: heads, Florida; tails, California. "It was heads." Today, she is president of Mount Dora ... more info