JRMC Training Presentation QNET 05112010
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Transcript of JRMC Training Presentation QNET 05112010
• 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
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.
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.
Coin/Medallion Diagram
ObverseReverse
Removable Inlay
Denomination Field
Relief
Edge Rim
Coat of Arms
• 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
• 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
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.
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
• 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.
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
• 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)
• Circulation Coins:
- Coins that were minted for commercial use and never
become a numismatic coin therefore suffers wear and tear;
a used coin
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
• Antique
• Matte
• 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.
Coin/Medallion Edge
Plain Edge
Milled Edge
Lettered Edge
Decorated Edge
For the purpose of authenticity and as a barrier for copying
Special Techniques
• Gold Inlay
• Partial Gold Plating
• Removable Inlay
• Decorative
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.
• 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