U.S. Coin Price Guide

Coin Collecting

COIN COLLECTING DEFINITIONS STARTING WITH "F"

face value: the value that is stated on a coin.  For example: the face value of a Dime is Ten Cents; the collector value of the same coins may be substantially higher.

Fair: a grading term for a coin that is so worn that it is barely identifiable as to type.

fake: a counterfeit coin meant to deceive.

fantasy: a coin that has nothing to do with reality.

fasces: the ax bound in a bundle of sticks that appears on the back of Mercury Head Dimes struck from 1916 to 1945.

field: the flat surfaces of a coin that surround the designs and legends.

Fine: a grade range from 11 to 19 on a grading scale of 1 to 70.

fineness: the percentage of metal in gold and silver coins.  Example: a 1964 Dime has a fineness of 90%.

finest known: the coin ranked as the best example known of a denomination, type, date, or variety.

first strike: the first coin, or one of the earliest coins, struck from a pair of dies.  These are usually Prooflike, well struck and nearly perfect.

fishscale: nickname for the silver Three-Cents issued from 1851-1873.

fixed price list: a published listing of a dealer’s inventory, priced for sale.

flan: planchet, the blank piece of metal on which a coin is struck.

flat edge: variety of 1907 $20 “High Relief” gold coins that has a flat border.  The edge on this coin is actually lettered!

flat luster: reduced brilliance due to dark toning, impaired surfaces, or cleaning.

flip: a coin holder (usually 2” x 2”) made of clear, soft plastic, with pockets on both sides.  Some contain the dreaded PVC!

flow lines: when a coin is struck, the metal flows outward from the center, resulting in microscopic lines that add to the luster of a coin.

Flowing Hair: design type on most copper and silver U.S. coins struck from 1793-1795.

Flying Eagle: design type of U.S. Small Cents from 1856-1858; also the reverse of the 1836-1839 Gobrecht Dollars.

Flying Eagle Cent: the One Cent coin struck from 1856-1858.

flyspecks: microscopic carbon spots on the surface of a coin.

foreign: non-U.S.

four-dollar gold piece: a pattern coin issued in gold in 1879 and 1880, nicknamed “Stella.”

Franklin Half Dollar: the U.S. Half Dollars struck from 1948 to 1963 with the head of Benjamin Franklin on the front.

friction: the rub or wear on a coin.

frost: on Uncirculated coins, a crystalline luster.  On Proof coins, the slightly grainy finish that is given to the devices.

frosted devices: raised design elements that still have a white, slightly grainy finish.  Opposite: brilliant devices.

frosty luster: luster that is crisp, bright, and slightly crystalline in appearance.

Fugio cents: copper coins struck in 1787 by private minters under contract with the U.S. government.  Many of the design elements are credited to Benjamin Franklin.

Full Bands: Mercury Head Dimes that have fully defined bands on the fasces.  Only well struck coins will have these features.

Full Bell Lines: Franklin Half Dollars that have clearly defined horizontal lines on the bottom of the bell on the reverse.  Only well struck coins will have these features.

Full Head: Standing Liberty Quarter Dollars that have full details on Liberty’s head.  Only well struck coins will have these features.

Full Steps: a Jefferson Nickel with complete details on the steps leading up to Monticello, indicating a rare full strike.

full strike: a coin that has complete details thanks to a crisp, bold stamp from the dies.



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