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That term is usually applied to a coin that was minted in more than one variety during a particular year, and refers to the variety that was issued first. For example, early Ike Bicentennial dollars had thick lettering on the reverse side while later ones were revised to have thinner, more graceful lettering. The thick-letter variety is Type I while the other is Type II.

Because varieties differ among different coins the term Type <n> doesn't have any general meaning, though - it's specific to a particular year and/or variety of a particular denomination.

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15y ago

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