Definition: A generic term for the cloth sacks used to transport and store coins. These came into use in the mid-nineteenth century and replaced wooden kegs. Also refers to the quantity of coins of a particular denomination found in a bag (such as 5000 cents or 1000 silver dollars).
Definition: Abrasions which occur on coins that were shipped in mint bags. Most often this term applies to silver dollars, although virtually any coin can have bag marks. Bag marks in no way mean that a coin is not mint state. In fact, even a coin graded Mint State-67 or…
Definition: Coloring acquired from the bag while a coin was stored. Cloth coin bags contained sulfur and other metal-reactive chemicals. When stored in bags for extended periods, coins in close proximity to the cloth often acquire beautiful red, yellow, blue and other vibrant colors. Sometimes the weave of the cloth…
Definition: The process of polishing a die to create a mirrored surface or to remove clash marks or other damage from a die.
Definition: The highest price offered to buy a particular coin issue and grade either on a trading network, pricing newsletter, or other medium. Also see: Ask
Definition: A flat disk of unstruck metal destined to be made into a coin. Also see: Planchet
Definition: Slang term for a coin returned from a grading service in a plastic sleeve within a flip. The coin referred to is deemed a â€œno-gradeâ€ and is not graded or encapsulated. Coins are no-grades for a number of reasons, including questionable authenticity, polishing, cleaning, and/or repair.
Definition: The Paris stock exchange. This term has come to be synonymous with coin show.
Definition: The physical area where a coin show takes place.
Definition: One of the various subsidiary government facilities that struck, or still strikes, coins.