U.S. Coin Price Guide

Coin Collecting

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Racketeer nickel: in 1883, the first of the new Liberty Nickels were struck without the word “CENTS.”  Con men applied reeding to the edges, gold-plated some of them, then passed them off as $5 gold pieces!

rainbow toning: color on a coin that includes many of the hues of a rainbow.

rare: not common.

rarity: the determination of how common or rare a coin is.

rarity scale: a system used to rate the rarity of a coin, usually from 1 to 10, with 1 being common and 10 being unique.

raw: a coin that has not been certified.  Warning: there could be a reason why!

rays: refers to the lines radiating on the backs of the Quarter Dollars and Half Dollars in 1853 to indicate a change in their weights.

Red: describes a copper coin that has full, original red color.

Red-Brown: an indication that a copper coin is partially brown yet still contains some of the original mint red color.

Redbook: popular name for “The Guidebook of United States Coins.”  Guess what color the cover is.

reeded edge: an edge with raised vertical or diagonal marks designed to make it obvious if anyone has removed any metal from the edges.  This was important when coins were valued for their full weight in precious or semi-precious metal.

reeding mark(s): contact marks caused by the edge reeding of another coin.  See: Milling mark.

regular issue: a coin that was meant to be used in general circulation.  See: Circulation strike.

relief: the raised portions of a coin, usually the design elements.

replica: a copy of a coin.

restrike: a coin from genuine dies, struck later than the year indicated on the coin, usually to satisfy collectors.

retoned: a coin that was stripped of color, then artificially toned to make it look original.

reverse: the back of a coin, usually the side without a date or a head.  When you flip a coin and call “Tails,” this is the side you want.

rim: the point where the periphery meets the edge of a coin.

rim bruise: a flattened area on the rim of a coin, usually caused when the coin is dropped.

rim ding: a contact mark on the rim of a coin.

rim nick: same as a rim ding.

ring test: a method of determining if a coin is a cast counterfeit by tapping it with a pen or pencil.  A genuine coin has a nice ring to it, like a tuning fork.  A cast fake will give a dull thud.

roll: a set quantity of coins that banks “roll up” in paper wrappers.  Example: a roll of Quarters has forty coins.

rolled edge: describes the rounded rim on a rare variety of 1907 Indian Head $10 gold pieces.

roller marks: parallel lines caused when metal strips are flattened between two rollers.  Roller marks are most often seen on the high points of Silver Dollars, especially those that were struck softly.

Round - AKA, Silver Round usually One Ounce of pure silver although they are offered in various sizes from a half ounce up to a Kilo and even more. The value of silver rounds is directly related to the current value of silver. Usually valued at silver spot with a slight premium added depending on the popularity of the design.

rub: friction.

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