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Coin Lingo information on Rare Coins
 
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N
New
A term for a coin that never has been in circulation.
New Orleans
The branch Mint established in 1838 in New Orleans, Louisiana. It struck coins for the United States until its seizure in 1861 by the Confederacy. (Some 1861-O half dollars were struck after the seizure.) It reopened in 1879 and struck coins until 1909 (actually closed in 1910). Now this facility is a museum.
NGC
Short for Numismatic Guaranty Corporation.
nickel
Popular term for a five-cent piece struck in cupro-nickel alloy (actually 75% copper, 25% nickel).
No “CENTS” nickel
Those Liberty Head or “V” nickels struck in 1883 without a denomination. This was very confusing to the public and led to the “racketeer” nickel scandal.
No Arrows
Term applied to coins without arrows by their dates during years when other coins had arrows by the date. (Example: the 1853 No Arrows half dime and 1853 Arrows half dime.)
No Motto
Coins struck without the motto, “IN GOD WE TRUST.” This motto was mandated by an act of Congress and appeared on nearly every United States coin since the 1860s. (Teddy Roosevelt felt this was sacrilegious and had it removed from the newly redesigned 1907 eagles and double eagles. Citizen protests soon were overwhelming and it was restored in 1908.) This also refers to coins struck before the motto was added in the 1860s.
No Stars
Term applying to the Christian Gobrecht designed Liberty Seated coins without stars
Numismatic News
Weekly numismatic periodical established in 1952.
numismatics
The science of money; coins, paper money, tokens, inscribed bars, and all related items are included.
numismatist
One who studies or collects money or substitutes thereof
 
 
 
 
 
Helpful Tips when viewing Coin Images...
The image, or "scan", of a rare coin should only be used as a reference point, rather than a final decision maker when purchasing rare coins. "No" digital image or scan will ever do true justice to the natural beauty of a coin. A digital camera or scanner, at this stage of technology, can never reproduce the way a human eye views an object. As you move a coin in the light, the surfaces change appearance depending on the angle at which the light source is hitting the coin. This effect is most obvious with very deep, proof coins. In person this "mirrored" effect is quite dramatic as you move the coin around. A two dimensional digital image loses this reflective nature of a coin, not being able to depict the mirrored qualities that your eye is able to perceive. Keep in mind that nothing can compare to examining a coin in person.
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At Albanese Rare Coins we strive to achieve the highest quality images in order to assist you with a purchasing decision; considering the balance between download times and image quality. As always, you can be confident when purchasing rare coins from us, as we "hand select" every coin for its true beauty and eye appeal.
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