Coin Glossary

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

Coin Glossary

L

laureate - coin design of  a head crowned with a laurel wreath.

luster  - a frosty and shiney appearance found on some uncirculated (mint state) coins.

legal tender - coins, paper money, or other currency issued by a government and used as money. The legal tender value of a coin is the value placed on it by the government. It may be different than the intrinsic value (bullion value) or collector value.

legend - the main lettering on a coin. For instance the phrase "United States of America"

lettered edge - The edge of a coin that has lettering on the outside of it. Usually it is raised, but sometimes incused. Most coins today have a plain edge or "reeded" edge. Having something inscribed or a design on the edge of a coin was prevalant when coins were made of precious metal. Supposedly it made it easier to detect when a coin that had some of its precious metal shaved off the edge. You'll find most all of the older gold and silver US coins will have either lettered or reeded edges. Bust Today's dime and quarter are examples of a reeded edge. See reeded edge. 

Liberty Head - term used to indicate a design on the face of coins similar to the Statue of Liberty. Many different US coins have a Liberty Head design

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Coin Collecting News
12/09/2018
BBL08: 'Hills or flats?' - Bat flip replaces coin toss for new season
Twenty20 cricket has never been a favourite of the traditionalists but not even the pre-game coin toss is safe in the new season of the Big Bash. In an homage to backyards around the country, captains ... more info

12/10/2018
BBL opts for backyard-cricket style bat flip over coin toss in 2018/19 season
A backyard-cricket-style bat flip will replace the coin toss in the Big Bash League (BBL) to decide which captain has choice of batting or bowling first. BBL captains will be required to call "hills" ... more info

12/10/2018
BBL to replace coin toss with "bat flip"
Big Bash League will be replacing the traditional coin toss with a "bat flip" in its upcoming 2018-19 edition that starts December 19. Instead of the conventional "heads" or "tails", captains will now ... more info