JRMC Training Presentation QNET 05112010

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description

• Internationally recognised as one of the world’s numismatics companies • Exclusive collection of limited-mintage coins and medallions • Extensive research and development • Advanced minting technology • Legendary skills of its Mint Masters • Coin collecting developed into pieces of art • Limited edition masterpieces commemorating historical events, iconic figures, architectural monuments and religions of the world Coins & Medallions

Transcript of JRMC Training Presentation QNET 05112010

Page 1: JRMC Training Presentation QNET 05112010
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• Internationally recognised

as one of the world’s

numismatics companies

• Exclusive collection of

limited-mintage coins and

medallions

• Extensive research and

development

• Advanced minting technology

• Legendary skills of its Mint

Masters

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• Coin collecting developed into pieces of art

• Limited edition masterpieces commemorating historical

events, iconic figures, architectural monuments and

religions of the world

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Coins & Medallions

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Coin

A piece of metal intended for use as

legal tender and stamped with

inscriptions and exact monetary value.

Issued by an authority, i.e. central bank,

national bank, monetary authority, etc that guarantees its weight and purity.

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Medallion

A medallion is a piece of metal, usually

carved or engraved; circular (like a coin)

and large, that is used as a work of art,

souvenir, medal, or worn on the body as

a special symbol.

It is struck both by government and

private mints to honour historic events,

anniversaries or other special occasions.

A medallion does not have monetary value.

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Coin/Medallion Diagram

ObverseReverse

Removable Inlay

Denomination Field

Relief

Edge Rim

Coat of Arms

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• Reverse – usually refers to the head side of a coin

• Obverse – the other side of the Reverse side

• Field – the flat area of the coin that has not been raised

off of the coin during minting

• Relief - the portion of the design that has been raised

off the coin

• Rim – the upraised part of the coin that runs all the way

around the edge of the coin on both sides

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• Edge – the plain, unadorned surface. It is the

actual side of the coin, and should not be confused

with the rim

• Denomination

• Coat of Arms

• Removable Inlay

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Coin: What to look at?• Authenticity

Coins, issued by an issuing authority, commemorating an event and in

addition being endorsed by a national or international institution have a

high degree of authenticity and are therefore highly numismatic.

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The lower the mintage the

higher the possibility that the

value of the coin will increase

since demand is higher than supply.

• Rarity & Limited Mintage

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• Policy and Image

The more conservative, strict

and stringent the issuing policy

of the respective authority, the

better the potential the value of

a coin will increase.

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Type of Coins

• Numismatic Coins- Coins issued by the government to celebrate and

honour important events, anniversaries, etc

- Can be both precious and non-precious metal

- Often minted in proof finish, with limited mintage

and face value

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• Bullion

- Coin with little numismatic value sold for its precious

metal content and traded at the current bullion price

- Gold or silver coins, bars or ingots

- Often struck in prooflike finish or Brilliant

Uncirculated (BU)

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• Circulation Coins:

- Coins that were minted for commercial use and never

become a numismatic coin therefore suffers wear and tear;

a used coin

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Commemorative Coin/Medallion Finishing

• Proof coins- Coin minted from highly polished planchets

and dies resulting in a well-struck coin with highly

reflective fields

- The mirror-like finish derives from high

pressure strike in the minting process

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• Antique

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• Matte

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• High ReliefA coin with deep concave fields due to highly

raised designs. High relief coins require extra pressure to be fully struck and are difficult to stack.

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Coin/Medallion Edge

Plain Edge

Milled Edge

Lettered Edge

Decorated Edge

For the purpose of authenticity and as a barrier for copying

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Special Techniques

• Gold Inlay

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• Partial Gold Plating

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• Removable Inlay

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• Decorative

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Coin and Medallion Care

• Tip 1: Housing

Keep your coin in the provided presentation box.

• Tip 2: Removing

Before removing a coin from its capsule, consider whether it's really necessary.

• Tip 3: Holding

Never touch an uncirculated or Proof coin anywhere but the edge. Wearing clean surgical gloves is advised.

•Tip 4: Storage

Keep the coin in a dry environment with minimal changes in average temperature.

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• Tip 5: Avoid close contact

Avoid holding numismatic itemsin front of your mouth. Small particles of moisture mayeventually cause spots.

• Tip 6: Dragging

Do not drag coins across any surface. You can never be too careful.

• Tip 7: Don’t polish

Polishing with the softest tissue or cloth will scratch the coin’ s surface.

Coin and Medallion Care

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