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Dictionary of Coin Collector Terms and Definitions:

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Information about New Presidential Dollar coins:

~Unusual Edge Letters on Dollars

~US mint press release.

~Production Schedule of Dollars to be released

~Legislation Authorizing Presidential Dollars in 2007

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"A Glossary of Coin Collecting Words and Definitions"

Locate the meaning of coin dealer and numismatic words.

COIN COLLECTOR WORDS

that start with the letter

" I "

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 (or 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".
inverted date: - normally a coin error where the date is punched into a coin die backwards or upside down. The result is that all coins minted from that coin die will show the date mistake. Often the mint employee will try to cover up their mistake by re-punching the same die correctly. The result may be called an overdate error, where one numeral is stamped over another. Generations ago, US mint employees used logo punches to punch the numerals into a coin die. This also explains why the gap between numerals varies on older coins.
inverted edge lettering error: - Presidential US dollar coins have edge lettering indicating the date, mint mark, and mottos. The edge lettering is added by submitting the coins through an edge lettering machine after the face and back of the coins are struck. When a coin is accidentally run through the edge lettering machine twice, the letters on the edge will appear doubled. "Inverted" edge lettering means that the second set of edge letters are "upside down" when compared with the first set of edge letters. Also see "overlapped edge lettering".
investment grade: - used to indicate a high grade of coin that might make a good investment.

iron dollar: - nickname for a US silver dollar. The "iron" dollar terminology was primarily used in northeastern USA. This uncomplimentary phrase was used by people who disliked carrying silver dollars due to their heavy weight. Thanks go to Numismatic News for providing this information.





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