Coin Collecting

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{{Merit Badge Requirement resources}}
{{Merit Badge Requirement resources}}
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*'''1.''' [http://www.usmint.gov/faqs/circulating_coins/index.cfm?flash=yes&action=coins Us Mint Process of Making Coins]
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'''1.''' [http://www.usmint.gov/faqs/circulating_coins/index.cfm?flash=yes&action=coins US Mint Process of Making Coins] - [http://www.usmint.gov US Mint]<br>
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*'''2.''' [http://lynncoins.com/dictionary.htm Dictionary of Coin Collecting Terminology]
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'''2.''' [http://lynncoins.com/dictionary.htm Dictionary of Coin Collecting Terminology]<br>
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*'''4.''' [http://www.centercoin.com/coin_information/collecting/storing.htm Storing your Coin Collection]
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'''4.''' [http://www.centercoin.com/coin_information/collecting/storing.htm Storing your Coin Collection]<br>
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*'''5b.''' [http://news.goldseek.com/GoldSeek/1160946937.php Legal Tender]
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'''5b.''' [http://news.goldseek.com/GoldSeek/1160946937.php Legal Tender]<br>
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*'''5c.''' [http://federalreserve.gov/ The Federal Reserve] &mdash; Official site
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'''5c.''' [http://federalreserve.gov/ The Federal Reserve] &mdash; Official site<br>
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*'''7.''' [http://www.usmint.gov/mint_programs/?action=50_state_quarters_program 50 State Quarters Program: A Celebration of the States]
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'''7.''' [http://www.usmint.gov/mint_programs/?action=50_state_quarters_program 50 State Quarters Program: A Celebration of the States]<br>
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*'''10a.''' [http://www.usmint.gov/mint_tours/index.cfm Tour the US Mint] &mdash; An official U.S. Department of Treasury webpage
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'''10a.''' [http://www.usmint.gov/mint_tours/index.cfm Tour the US Mint] &mdash; An official U.S. Department of Treasury webpage<br>
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*'''10b.''' [http://www.usmint.gov/kids/ The U.S. Mint for Kids]
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'''10b.''' [http://www.usmint.gov/kids/ The U.S. Mint for Kids]<br>
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*'''10d.''' [http://www.coins.nd.edu/ColCoin/ The Coins of Colonial and Early America]
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'''10d.''' [http://www.coins.nd.edu/ColCoin/ The Coins of Colonial and Early America]<br>
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1. Understand how coins are made, and where the active U.S. Mint facilities are located.
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2. Explain these collecting terms:
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a. Obverse
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b. Reverse
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c. Reeding
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d. Clad
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e. Type set
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f. Date set
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3. Explain the grading terms Uncirculated, Extremely Fine, Very Fine, Fine, Very Good, Good, and Poor. Show five different grade examples of the same coin type. Explain the term “proof” and why it is not a grade. Tell what encapsulated coins are.
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4. Know three different ways to store a collection, and describe the benefits, drawbacks, and expenses of each method. Pick one to use when completing requirements.
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5. Do the following:
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a. Demonstrate to your counselor that you know how to use two U.S. or world coin reference catalogs.
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b. Read a numismatic magazine or newspaper and tell your counselor about what you learned.
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6. Describe the 1999-2008 50 State Quarters Program. Collect and show your counselor five different quarters you have acquired from circulation.
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7. Collect from circulation a set of currently circulating U.S. coins. Include one coin of each denomination (cent, nickel, dime, quarter, half-dollar, dollar). For each coin, locate the mint marks, if any, and the designer’s initials, if any.
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8. Do the following:
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a. Identify the people depicted on the following denominations of current U.S. paper money: $1, $2, $5, $10, $20, $50, and $100.
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b. Explain “legal tender.”
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c. Describe the role the Federal Reserve System plays in the distribution of currency.
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9. Do ONE of the following:
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a. Collect and identify 50 foreign coins from at least 10 different countries.
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b. Collect and identify 20 bank notes from at least five different countries.
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c. Collect and identify 15 different tokens or medals.
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d. For each year since the year of your birth, collect a date set of a single type of coin.
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10. Do ONE of the following:
 +
a. Tour a U.S. Mint facility, the Bureau of Engraving and Printing, or a Federal Reserve bank, and describe what you learned to your counselor.
 +
b. With your parent’s permission, attend a coin show or coin club meeting, or view the Web site of the U.S. Mint or a coin dealer, and report what you learned.
 +
c. Give a talk about coin collecting to your troop or class at school.
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d. Do drawings of five Colonial-era U.S. coins.
== Related awards ==
== Related awards ==

Revision as of 19:20, December 8, 2008

Boy Scouts can earn the Collections, Coin Collecting and Stamp Collecting Merit badges.
Cub Scouts & Webelos Scouts can earn the Cub Scout Collecting Belt Loop & Pin
The Coin Collecting requirements were revised effective January 1, 2009.


Coin Collecting merit badge
Status: Elective
Created: 1938
Discontinued: no
BSA Advancement ID: 035
Requirements revision: 2009
Latest pamphlet revision: 2008

Contents

“ ”


Coin Collecting requirements

  1. Understand how coins are made, and where the active U.S. Mint facilities are located.
  2. Explain these collecting terms:
    a. Obverse
    b. Reverse
    c. Reeding
    d. Clad
    e. Type set
    f. Date set
  3. Explain the grading terms Uncirculated, Extremely Fine, Very Fine, Fine, Very Good, Good, and Poor. Show five different grade examples of the same coin type. Explain the term proof and why it is not a grade. Tell what encapsulated coins are.
  4. Know three different ways to store a collection, and describe the benefits, drawbacks, and expenses of each method. Pick one to use when completing requirements.
  5. Do the following:
    a. Demonstrate to your counselor that you know how to use two U.S. or world coin reference catalogs.
    b. Read a numismatic magazine or newspaper and tell your counselor about what you learned.
  6. Describe the 1999-2008 50 State Quarters Program. Collect and show your counselor five different quarters you have acquired from circulation.
  7. Collect from circulation a set of currently circulating U.S. coins. Include one coin of each denomination (cent, nickel, dime, quarter, half-dollar, dollar). For each coin, locate the mint marks, if any, and the designer’s initials, if any.
  8. Do the following:
    a. Identify the people depicted on the following denominations of current U.S. paper money: $1, $2, $5, $10, $20, $50, and $100.
    b. Explain “legal tender.”
    c. Describe the role the Federal Reserve System plays in the distribution of currency.
  9. Do ONE of the following:
    a. Collect and identify 50 foreign coins from at least 10 different countries.
    b. Collect and identify 20 bank notes from at least five different countries.
    c. Collect and identify 15 different tokens or medals.
    d. For each year since the year of your birth, collect a date set of a single type of coin.
  10. Do ONE of the following:
    a. Tour a U.S. Mint facility, the Bureau of Engraving and Printing, or a Federal Reserve bank, and describe what you learned to your counselor.
    b. With your parent’s permission, attend a coin show or coin club meeting, or view the Web site of the U.S. Mint or a coin dealer, and report what you learned.
    c. Give a talk about coin collecting to your troop or class at school.
    d. Do drawings of five Colonial-era U.S. coins.


The official source for the information shown in this article or section is:
Boy Scout Requirements, 2012 Edition (BSA Supply No. 34765)

The text of these requirements is locked and can only be edited by an administrator.
Please note any errors found in the above requirements on this article's Talk Page.


Notes

Worksheet A FREE workbook for Coin Collecting is available here! Adobe Acrobat PDF
with the maps, charts, links, diagrams, and checklists you need!
Or click here to print just the Coin Collecting requirements. 		meritbadge.org has PDF and DOC versions of
Boy Scout merit badge workbooks,
Webelos workbooks, and Cub Scout workbooks.
  1. Per the BSA: "You should read the merit badge pamphlet on the subject." Pamphlets (books) are at local Scout Shops and online at ScoutStuff.org.
  2. "Get a signed Merit Badge application from your Scoutmaster." An online, printable Word doc file version is available.


Requirement resources

1. US Mint Process of Making Coins - US Mint
2. Dictionary of Coin Collecting Terminology
4. Storing your Coin Collection
5b. Legal Tender
5c. The Federal Reserve — Official site
7. 50 State Quarters Program: A Celebration of the States
10a. Tour the US Mint — An official U.S. Department of Treasury webpage
10b. The U.S. Mint for Kids
10d. The Coins of Colonial and Early America

1. Understand how coins are made, and where the active U.S. Mint facilities are located. 2. Explain these collecting terms: a. Obverse b. Reverse c. Reeding d. Clad e. Type set f. Date set 3. Explain the grading terms Uncirculated, Extremely Fine, Very Fine, Fine, Very Good, Good, and Poor. Show five different grade examples of the same coin type. Explain the term “proof” and why it is not a grade. Tell what encapsulated coins are. 4. Know three different ways to store a collection, and describe the benefits, drawbacks, and expenses of each method. Pick one to use when completing requirements. 5. Do the following: a. Demonstrate to your counselor that you know how to use two U.S. or world coin reference catalogs. b. Read a numismatic magazine or newspaper and tell your counselor about what you learned. 6. Describe the 1999-2008 50 State Quarters Program. Collect and show your counselor five different quarters you have acquired from circulation. 7. Collect from circulation a set of currently circulating U.S. coins. Include one coin of each denomination (cent, nickel, dime, quarter, half-dollar, dollar). For each coin, locate the mint marks, if any, and the designer’s initials, if any. 8. Do the following: a. Identify the people depicted on the following denominations of current U.S. paper money: $1, $2, $5, $10, $20, $50, and $100. b. Explain “legal tender.” c. Describe the role the Federal Reserve System plays in the distribution of currency. 9. Do ONE of the following: a. Collect and identify 50 foreign coins from at least 10 different countries. b. Collect and identify 20 bank notes from at least five different countries. c. Collect and identify 15 different tokens or medals. d. For each year since the year of your birth, collect a date set of a single type of coin. 10. Do ONE of the following: a. Tour a U.S. Mint facility, the Bureau of Engraving and Printing, or a Federal Reserve bank, and describe what you learned to your counselor. b. With your parent’s permission, attend a coin show or coin club meeting, or view the Web site of the U.S. Mint or a coin dealer, and report what you learned. c. Give a talk about coin collecting to your troop or class at school. d. Do drawings of five Colonial-era U.S. coins.

Related awards

Hobby Awards

Hobby-related awards


See also

Boy Scout portal
Varsity Scout portal
Venturing portal

Merit Badge information


External links

Retrieved from "http://www.meritbadge.org/wiki/index.php/Coin_Collecting"
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