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The Coin Collecting Dictionary

 

Welcome to the Coin Collecting Dictionary.  Here you will find the terms, definitions, etc. that are unique to our beloved hobby.  Simply click on the letter below to bring you to all the terms and definitions for that letter.

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           A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

 

W

 

Waffled Coins

 

The process where the mint destroys defective or worn coins by running them through a waffling machine. This canceling process gives the former coin a waffle like appearance. Coins cancelled in this manner are sold in bulk for scrap metal and often can not be distinguished as a US coin, except by their size.

 

 

Walker

 

Walker is the common short name for  the "Walking Liberty Half dollar".

 

Walking Liberty Half

 

The Walking Liberty Half Dollar was produced from 1916 to 1947 with a design of Liberty walking.  Many will argue that it is one of the most beautiful coins every produced.  Its design was so popular, that the obverse was repeated on the current American Silver Eagle series. Click here for a History of the  Walking Liberty Half Dollar

 

 

War Nickel

 

Nickels produced from 1942 to 1945 are often called "war nickels".  These nickels of the Jefferson US five cent coins were made during part of World War II.  Due to the thought that the metals used to make the nickel would be needed to produce war materials, a new alloy was used that consisted of 35% silver, 9% manganese, and 56% copper.  Regular nickels were also produced in 1942.  To distinguish the difference in these nickels,  the mint produced them with a large mint mark on the reverse.  War nickels produced in Philadelphia also contained the "P".  Beginning in 1946, the regular alloy was put back into production.  "War Nickels" sell for a premium over regular nickels of the era due to their silver content. 

 

As of this writing they are worth more than five cents due to their silver content. These "silver war nickels", as some call them, will have a large mint mark above the memorial building on the reverse (back).

 

 

Whitman

 

Whitman Publishing company. Produces many collector's books, albums, and collecting supplies.

 

Whiz, Whizzed, Whizzing

 

The process of buffing/polishing a coin to re-create the appearance of mint luster found on a mint coin.  With whizzing, the the process is typically done with a fine brush attached to a high speed drill.  Often coins that are whizzed will show metal build-up around lettering and/or dates. While whizzing is done on a high grade coin to try to sell the coin at a higher grade than it really is, the process actually takes away value because the coin is no longer genuine and the process actually takes away the finesse of the strike by taking away a small layer of the coins metal.. See buffing.

 

 

 

ICG News

IGC Coin News

This week's letters (02/14/12) - Numismatic News


This week's letters (02/14/12)
Numismatic News
Also, outside the packaging in ICG, NGC, PCGS, or ANACS slabs there is little chance to match the Federal Reserve Note number with the coins. As mentioned, the Sacagawea dollar seems to be the primary dealer focus, however 100 years from now, ...

and more »

More Anomalies on Silver Eagles in Set - NumisMaster.com


NumisMaster.com

More Anomalies on Silver Eagles in Set
NumisMaster.com
“I've been inspecting the coins in the silver Eagle anniversary set that we receive at ICG (Independent Coin Grading) in order to find some characteristics specific to the set,” said F. Michael Fazzari, professional coin grader and Numismatic News ...

Newspaper Briefing, including 'Yahoos founder leaves company paving way for ... - Proactive Investors UK


Newspaper Briefing, including 'Yahoos founder leaves company paving way for ...
Proactive Investors UK
Cinven buys ICGs patents business for 950 million: Intermediate Capital Group (ICG) has signed a deal to sell CPA, its patent business, to private equity firm Cinven for 950 million. CPA, which looks after the intellectual property of anything from ...

Another New NGC Label “First Releases” - Coin Update News


Coin Update News

Another New NGC Label “First Releases”
Coin Update News
I don't doubt the company's word. NGC does listen to feedback—sometimes to its detriment, as happened when it eliminated crossovers for coins holdered by all firms except PCGS. (I still think ANACS, ICG and even PCI should have been included.) ...

 

 
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