Coin Collecting Merit Badge
Baden-Powell Council Presents:
Online Coin Collecting Merit Badge
Coin Collecting Merit Badge Counselors: Mrs. Molly Ferris & Rev. Cory Eckstrom
Date: July 11, 2020
Time: 12-2:30pm
Where: your house! On a Zoom meeting, be looking for the Link!
NEEDED for class: a Scouting attitude and spirit, your class A or Class B uniform or shirt, your change from parents (ask first!) to sift through and study (a magnifying glass helps) and Ziploc style bags to put your mini collections into.
Here is the free Merit Badge book!! Please read it all!
https://filestore.scouting.org/filestore/Merit_Badge_ReqandRes/Coin_Collecting.pdf
Workbook: (Please fill it out – we will asking you questions. When it says “Be Prepared” to talk, be ready, ok? You need to show us you have read the book and understand much of what you read. If you read it but did not understand, we will explain it, no problem.
Communicate with me! Questions while you are preparing for the Merit Badge Day?
Call me at 607-591-5919 or email me at coryecks@aol.com (you must also copy your email to your Scoutmaster or a parent for 2 deep digital leadership) – I cannot answer any emails without a parent or leader email copied into the “CC:” of the email.
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 expense 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 or the America the Beautiful Quarters® program. Collect and show your counselor five different quarters from circulation you have acquired from one of these programs.
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 facility, a Federal Reserve bank, or a numismatic museum or exhibit, 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 website of the U.S. Mint or a coin dealer, and report what you learned.
c. Give a talk about coin collecting to a group such as your troop, a Cub Scout pack, or your class at school.
d. Do drawings of five Colonial-era U.S. coins.
Here is the link Merit Badge book!!
https://filestore.scouting.org/filestore/Merit_Badge_ReqandRes/Coin_Collecting.pdf
5A: 2 coin websites for grading:
PCGS: https://www.pcgs.com/prices/us
10D: Colonial Page coins ( for the drawings) drawings:
Map of Event
