Coin Collecting Merit Badge: Req 1

Understand how coins are made and where the active U.S. Mint facilities are located.


View United States Mints in a larger map


Headquarters, Washington, D.C.:
Policy formulation and central agency administration; program management; research and development; marketing operations; customer services and order processing; business unit management, all www.usmint.gov website services.

Philadelphia, Pennsylvania:
Sculpting-engraving of U.S. coins and medals; production of medal and coin dies; production of coins of all denominations for general circulation; production of regular uncirculated coin sets; production of commemorative coins as authorized by Congress; production of medals; and conducting of public tours.

Denver, Colorado:
Production of coins of all denominations for general circulation; production of coin dies; production of regular uncirculated coin sets; production of commemorative coins as authorized by Congress; and the conducting of public tours; and storage of gold and silver bullion.

San Francisco, California:
Production of regular proof coin sets in clad and silver; production of commemorative coins as authorized by Congress.

West Point, New York:
Production of all uncirculated and proof one-ounce silver bullion coins, and all sizes of the uncirculated and proof American Eagle gold bullion and platinum coins and the 24-karat one ounce American Buffalo Gold Bullion Coin; production of commemorative coins as authorized by Congress; storage of silver, gold, and platinum bullion.

Fort Knox, Kentucky:
Storage of U.S. gold bullion
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Coin Collecting Merit Badge


COIN COLLECTING

  1. Understand how coins are made and where the active U.S. Mint facilities are located.
  2. Explain these collecting terms:
  3. Obverse
  4. Reverse
  5. Reeding
  6. Clad
  7. Type set
  8. Date set
  9. 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.
  10. Know three different ways to store a collection, and describe the benefits, drawbacks, and expense of each method. Pick one to use when completing requirements.
  11. Do the following:
  12. Demonstrate to your counselor that you know how to use two U.S. or world coin reference catalogs.
  13. Read a numismatic magazine or newspaper and tell your counselor about what you learned.
  14. Describe the 1999 - 2008 50 State Quarters® Program. Collect and show your counselor five different state quarters you have acquired from circulation.
  15. Collect from circulation a set of current 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.
  16. Do the following:
  17. Identify the people depicted on the following denominations of current U.S. paper money: $1, $2, $5, $10, $20, $50, and $100.
  18. Explain "legal tender."
  19. Describe the role the Federal Reserve System plays in the distribution of currency.
  20. Do ONE of the following:
  21. Collect and identify 50 foreign coins from at least 10 different countries.
  22. Collect and identify 20 bank notes from at least five different countries.
  23. Collect and identify 15 different tokens or medals.
  24. For each year since the year of your birth, collect a date set of a single type of coin.
  25. Do ONE of the following:
  26. Tour a U.S. Mint facility, a Bureau of Engraving and Printing facility, a Federal Reserve bank, or a numismatic museum or exhibit, and describe what you learned to your counselor.
  27. With your parent's permission, attend a coin show or coin club meeting, or view the website of the U.S. Mint or a coin dealer, and report what you learned.
  28. Give a talk about coin collecting to a group such as your troop, a Cub Scout pack, or your class at school.
  29. Do drawings of five Colonial-era U.S. coins.