Coin Glossary

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

Coin Glossary

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 (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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06/19/2021
Here's how an old 2 rupee coin can get you Rs 5 lakh
This two rupee coin is made in 1994 and has an Indian flag on one side, and its value on the Quikr website is said to be Rs 5 lakh. Meanwhile, the value of one rupee coin is worth Rs 2 lakh. more info