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Why is it called a 'mint'?

The term "mint" originates from the Latin word "moneta," which refers to the place where coins were produced. This term is historically linked to the Roman goddess Juno Moneta, whose temple housed the minting operations. Over time, the word evolved to refer specifically to establishments that produce currency. Thus, a "mint" denotes both the facility and the process of coin production.


How do you determine mint state of old coin?

The term "Mint State" refers to the grade of a Uncirculated coin, The grading is not based on the amount of wear a coin has because there is none. It's based on how well the coin has been struck and the number an severity of any contact marks, scratches, rim nicks and scuff marks on the coin.


How much is a no mint 1 dollar coin?

Much more information is needed. What is the coin's date? What condition is it in? Is it a circulation coin or a bullion piece?Please post a new question with those details. Also please note that the term is 'mint mark" and the coin is spelled dollar, just like on its reverse side.


Where did the word money come from?

The English word money comes from the Middle English term moneie. The word originally came from the Latin moneta which meant a mint for coins.


How do you find out the proof grade on a 1986 uncirculated American eagle silver dollar?

A proof grade can not be given to a uncirculated (Mint state) coin. The term Proof is actually refers to a method of manufacturing, not a grade. But proof coins are identified by the by a prefix of PF before the grade and mint state are MS

Related Questions

Where do you find the mint state on a coin?

If I understand the question, the term "Mint state" refers to the uncirculated grade of a coin, not one of the United States


Why is it called a 'mint'?

The term "mint" originates from the Latin word "moneta," which refers to the place where coins were produced. This term is historically linked to the Roman goddess Juno Moneta, whose temple housed the minting operations. Over time, the word evolved to refer specifically to establishments that produce currency. Thus, a "mint" denotes both the facility and the process of coin production.


Are coins delivered from the mint to a bank in a coin wrapper classified as uncirculated coins?

The term uncirculated coin can refer to three things: A coin that is released to the public but not intended for general circulation (i.e. not used for money although it has an actual value) but is available through a mint or through a local coin dealer. Most uncirculated coins of this type are either commemorative coins made of gold, silver, or platinum bullion coins ; actual uncirculated rolls or bags of coins (see next bullet below); special coinage sets; or proof sets. A 1000 Unc U.S. mint Quarter-Dollar coin bag and two Unc U.S. mint $10(40 quarter) rollsA coin that has been officially graded as in "Mint State 60+"; The process by which a coin is made. The U.S. Mint uses this definition, since uncirculated coins are made in a different way than those released to the general public for use as money.


How do you determine mint state of old coin?

The term "Mint State" refers to the grade of a Uncirculated coin, The grading is not based on the amount of wear a coin has because there is none. It's based on how well the coin has been struck and the number an severity of any contact marks, scratches, rim nicks and scuff marks on the coin.


Where is the mint market on silver dollars?

The term is Mint MARK, and it's in different places depending on the coin's design. Please see the Related Question for details.


How much is a no mint 1 dollar coin?

Much more information is needed. What is the coin's date? What condition is it in? Is it a circulation coin or a bullion piece?Please post a new question with those details. Also please note that the term is 'mint mark" and the coin is spelled dollar, just like on its reverse side.


What is MS-65 in coin terminology?

Mint State. The numerical term is given strictly for Numismatic grading purposes.


What is the value of a 1942 British dime?

Such a coin does not exist. A "dime" is the slang term for a US 10 cent coin. The Royal Mint has never produced "dimes" or 10 cent coins.


What is the value of a mint 1840 half eagle 5 dollar coin?

Assuming you're using the term "mint" to refer to its condition, as of 11/2008 the range of retail values in above-average conditions are: > No mint mark: $320 in VF20, $500 in XF40, $1350 in AU50, and $3400 in MS60. > D mint mark: $1280 / $2500 / $5750 / $16000 > C mint mark: $1690 / $3000 / $5800 / $2500 > O mint mark: $525 / $910 / $1740 / $9700


What term does one use to refer to a dead US president?

I can not think of any special term . Sometimes the term "dead presidents' is used to refer to money.


What is the value of a 1942 dime?

Such a coin does not exist. A "dime" is the slang term for a US 10 cent coin. The Royal Mint has never produced "dimes" or 10 cent coins.


What does the term money supermarket mean?

Supermarket money does not truly refer to anything. At best, the term may refer to the money that supermarkets make and may also refer to money that the supermarkets deny from the farmer's market.