Coin Collecting

On Mints And Mint Marks


Mint Marks are tiny letters referring to the locality where the minting of coins took place. The position of mint mark can be found typically on the back side of coins that were minted before the year 1965 and on the front after the year 1967.

Coins of every US mint branch are recognized by mint marks. These coin marks date back to ancient times in Rome and Greece.

The “Director of the Mint”, through the “Act of March 3, 1835”, set rules to classify and distinguish the coins released from every US Mint branch. This core management set accurate standards and pattern of production as well as responsible coinage.

Coins that minted at the “Philadelphia mint” earlier than the year 1979 have no mint marks. So it was in that year that the dollar was marked with the letter P and other denominations had that same mark thereafter.

All dies for US coins are produced at the “Philadelphia Mint” and prior to shipping the coins to their mint branch, coins are marked first with the correct and designated mint markings. The precise size and positioning of the coins’ mint mark can slightly vary; this is influenced by how deep the punch was impressed and where.

The importance of mint marks:

Collectors can determine the value of a coin though mint mark, date and condition examination, making the coins condition the most significant factor and standard when determining its value.

Defining the Mint which hit the coin is tremendously important in determining the value of the coin; the coin can be hit in huge quantities at a single Mint or in smaller quantities in another hit.

The process of minting:

1. The making of metal strips in the correct thickness: Zinc strips are used for pennies, alloy strips composed of nickel (25%) and nickel (75%) for nickel and dollars, half-dollars, dimes, half-dimes are fabricated from a fusion of three coatings of metals; the external layer are alloys and the center is copper.

2. These strips of metals are then put into “blanking presses” that are responsible for cutting “round blanks”, approximately the dimension of the “done” coin.

3. The blanks then are softened by running them through an annealing furnace, through tumbling barrels, and then through revolving cylinders containing chemical mixtures to burnish and clean the metal.

4. The blanks then are washed and placed into a drying device, then into the "upsetting" machines, that produce the raised rim.

5. The Final stage: “coining press”. Each blank is clasp into position by a collar or ring as it is being struck or hit under great pressure. Pennies need approximately40 tons of pressure and the larger coins need more. The “upper and lower dies” are stamped simultaneously on the two sides of each coin.

The design:

The “Director of the Mint” chooses the design and pattern for United States coins, then that is approved by the “Secretary of the Treasury”; congress can recommend and suggest a design. The design then can not be changed for twenty five years unless directed by the congress.

All emblems of United States coins minted currently represent previous presidents of the United States. President Lincoln is on the one-cent coin, adopted in the year1909; Washington on the 25 cent coin that was minted first in 1932; Jefferson on the five cent coin in 1938; Franklin Roosevelt on the dime, introduced in the year1946; Kennedy on the half dollar that was first minted in 1964.

The “Act of 1997” known as the “50 States Quarters Program” supports and allows the redesigning of the quarters - the reverse side is to show each of the fifty states emblems. Every year starting in 1999 and until 2008, coins honoring five states, having designs that are created by each state, will be issued in the sequence or manner in which each state signed the Constitution.

The phrase "In God We Trust" was used first in 1864, on a United States two-cent coin. It then was seen on the quarter, nickel, half-dollar, silver dollar and on the $10, $5 and $20 in 1866; in 1909 on the penny, in 1916 on the dime. Today, all United States coins carry the motto.



Articles compliments of skaDoogle

Browse Our Information Mall

Coin Collecting


Other Interesting Articles

Who Collects Coins?

There are basically 4 groups of coin collectors. While maybe not every coin collector fits into one or more of these categories, most do. The categories are inheritor, hobbyist, investor and hoa... [Read more]

Coin Collections For All Ages

People of all ages are getting hooked with their coin collections. As a matter of fact, even the children are participating actively in colleting every dime and nickel they can get their hands on. There are a lot of reasons why people collect coins. Among the many reasons... [Read more]

Even Coins Get Grades

Coin grading is the process of attempting to determine a coins value. It provides a basis for both buyers and sellers when deciding on the quality of a coin and it’s market v... [Read more]

Starting A Coin Collection For Your Children

Starting a coin collection especially for your children can be fun and exciting. More than that, it can be profitable too. A lot of parents start a gallery of their coin collection for the sake of their children and the generation after. It is quite a thrill to fancy old coins and show your kids how the mode of currency looks like, way ... [Read more]

Free Coin Collecting Software

Coin collecting is one hobby that has been going on for ages. Some of the most popular collectors in the world were Louis XIV and the Sun King. To keep track of the coins in the collection or to monitor the value of rare coins in the market, it pays to have coin collecting soft... [Read more]


 Watch Videos on "Antique"


Numismatic News

Central Asian coins topic of book
Numismatic News
No comprehensive catalog or detailed study covering all Central Asian coins exists so far. Contrary to most other coin issues of the 17th and 18th centuries, the pre-modern coinage of Central Asia has been rather poorly documented, insufficiently ...



St. Augustine Record

Gold coins found in Salvation Army holiday kettle in Florida
St. Augustine Record
The Salvation Army of Broward County said two of the coins were discovered Wednesday. Another one was found Nov. 27. Officials said all the coins were wrapped in dollar bills. Each coin is worth a little more than $1,300. Alyse Gossman, the Salvation ...
Secret Santa donates coins worth $1500 to Salvation ArmyWSVN 7News | Miami News, Weather, Sports | Fort Lauderdale
Mystery donor again drops gold pesos into Salvation Army's Red KettleSun Sentinel
2 rare gold coins donated to Salvation Army's Red Kettle CampaignWPLG Local 10
CBS MiamiÂ-My Twin Tiers.com
all 184 news articlesÂÂ...


The Economist (blog)

Lessons from ancient Greek coinage
The Economist (blog)
THE Greek word for money, chrema, carries a significance its English translation cannot fully convey. “It means 'to need' and 'to use' together,” explains Nicholas Stampolidis, director of the Museum of Cycladic Art (MoCA) during a recent visit to the ...



WAAY

Woman charged with stealing thousands of dollars worth of coins
WAAY
The coins, which were reported stolen from a home in Horton Dec. 3, turned up after a Gadsden man who bought them learned of the theft from friends. Authorities said he brought the coins he bought from Herrera to the Marshall County Sheriff's Office ...


Coin Collecting