Difference between revisions of "AY Honors/Currency (Template)/Answer Key"
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==3. Explain how money is distributed in your country. == | ==3. Explain how money is distributed in your country. == | ||
==4. Define the following terms: == | ==4. Define the following terms: == | ||
| − | + | ;a. Alloy: An alloy is a combination of two or more elements, at least one of which is a metal, and where the resulting material has metallic properties. The resulting metallic substance usually has different properties (sometimes significantly different) from those of its components. Nearly all coins are made of alloys. | |
| − | + | ;b. Altered Date: | |
| − | + | ;c. Buffed Coins: A buffed coin is one that's been polished to make it look like an uncirculated or proof coin. Buffing a coin wears down its original surface, reducing its value. | |
| − | + | ;d. Cast Coins: | |
| − | + | ;e. Clad Coinage: | |
| − | + | ;f. Commemorative: Commemorative coins are legally issued coins with a design intended to commemorate or draw attention to some event or person. They are so called to distinguish them from regular issue coinage. | |
| − | + | ;g. Die: | |
| − | + | ;h. Field: | |
| − | + | ;i. Inscription: | |
| − | + | ;j. Lettered Edge: | |
| − | + | ;k. Mint Mark: | |
| − | + | ;l. Obverse: | |
| − | + | ;m. Planchet: | |
| − | + | ;n. Proof: | |
| − | + | ;o. Reeded Edge: | |
| − | + | ;p. Reverse: | |
| − | + | ;q. Series: | |
| − | + | ;r. Type: | |
| − | + | ;s. Whizzed Coins: A whizzed coin has been wire brushed or burnished, often on a wheel, for the same reason. Whizzing a coin wears down its original surface, reducing its value. | |
| − | + | ;t. Wire Edge: | |
| + | |||
==5. Describe the obverse and reverse for paper money of the six lowest denominations currently in use in your country. == | ==5. Describe the obverse and reverse for paper money of the six lowest denominations currently in use in your country. == | ||
| + | <! fill in these templates as appropriate for your country> | ||
| + | {{Paper money | ||
| + | | name = | ||
| + | | obverse = | ||
| + | | reverse = | ||
| + | | obverse_description = | ||
| + | | reverse_description = | ||
| + | }} | ||
| + | |||
| + | {{Paper money | ||
| + | | name = | ||
| + | | obverse = | ||
| + | | reverse = | ||
| + | | obverse_description = | ||
| + | | reverse_description = | ||
| + | }} | ||
| + | |||
| + | {{Paper money | ||
| + | | name = | ||
| + | | obverse = | ||
| + | | reverse = | ||
| + | | obverse_description = | ||
| + | | reverse_description = | ||
| + | }} | ||
| + | |||
| + | {{Paper money | ||
| + | | name = | ||
| + | | obverse = | ||
| + | | reverse = | ||
| + | | obverse_description = | ||
| + | | reverse_description = | ||
| + | }} | ||
| + | |||
| + | {{Paper money | ||
| + | | name = | ||
| + | | obverse = | ||
| + | | reverse = | ||
| + | | obverse_description = | ||
| + | | reverse_description = | ||
| + | }} | ||
| + | |||
| + | {{Paper money | ||
| + | | name = | ||
| + | | obverse = | ||
| + | | reverse = | ||
| + | | obverse_description = | ||
| + | | reverse_description = | ||
| + | }} | ||
| + | |||
==6. Know how coins are graded in quality by collectors. == | ==6. Know how coins are graded in quality by collectors. == | ||
==7. Collect and mount a type set of coins from your country of any date currently being minted or in circulation. Proof, commemorative, rare, silver, or expensive coins are not needed. In your collection: == | ==7. Collect and mount a type set of coins from your country of any date currently being minted or in circulation. Proof, commemorative, rare, silver, or expensive coins are not needed. In your collection: == | ||
| Line 40: | Line 90: | ||
department. | department. | ||
==References== | ==References== | ||
| − | + | * http://www.usmint.gov/kids/campCoin/collectorsWorkshop/tenFacts.cfm | |
| − | |||
Revision as of 02:50, 16 March 2007
1. Relate briefly the story of barter, showing three reasons why money came into being and naming at least ten strange forms of money used in place of coins or currency.
2. Relate briefly the history of coinage and paper currency in your country, making sure to mention the dates of the establishment of any mints or engraving plants. Also discover some change in the metal composition of a coin, giving any interesting highlights concerning such a change.
3. Explain how money is distributed in your country.
4. Define the following terms:
- a. Alloy
- An alloy is a combination of two or more elements, at least one of which is a metal, and where the resulting material has metallic properties. The resulting metallic substance usually has different properties (sometimes significantly different) from those of its components. Nearly all coins are made of alloys.
- b. Altered Date
- c. Buffed Coins
- A buffed coin is one that's been polished to make it look like an uncirculated or proof coin. Buffing a coin wears down its original surface, reducing its value.
- d. Cast Coins
- e. Clad Coinage
- f. Commemorative
- Commemorative coins are legally issued coins with a design intended to commemorate or draw attention to some event or person. They are so called to distinguish them from regular issue coinage.
- g. Die
- h. Field
- i. Inscription
- j. Lettered Edge
- k. Mint Mark
- l. Obverse
- m. Planchet
- n. Proof
- o. Reeded Edge
- p. Reverse
- q. Series
- r. Type
- s. Whizzed Coins
- A whizzed coin has been wire brushed or burnished, often on a wheel, for the same reason. Whizzing a coin wears down its original surface, reducing its value.
- t. Wire Edge
5. Describe the obverse and reverse for paper money of the six lowest denominations currently in use in your country.
<! fill in these templates as appropriate for your country>
| [[Image:|thumb|300px|Obverse side, featuring ]] | [[Image:|thumb|300px|Reverse side, featuring ]] |
| [[Image:|thumb|300px|Obverse side, featuring ]] | [[Image:|thumb|300px|Reverse side, featuring ]] |
| [[Image:|thumb|300px|Obverse side, featuring ]] | [[Image:|thumb|300px|Reverse side, featuring ]] |
| [[Image:|thumb|300px|Obverse side, featuring ]] | [[Image:|thumb|300px|Reverse side, featuring ]] |
| [[Image:|thumb|300px|Obverse side, featuring ]] | [[Image:|thumb|300px|Reverse side, featuring ]] |
| [[Image:|thumb|300px|Obverse side, featuring ]] | [[Image:|thumb|300px|Reverse side, featuring ]] |
6. Know how coins are graded in quality by collectors.
7. Collect and mount a type set of coins from your country of any date currently being minted or in circulation. Proof, commemorative, rare, silver, or expensive coins are not needed. In your collection:
a. Possess at least one coin from each mint in the type set.
b. Locate and identify the mint mark (if any) on each coin.
c. Locate and identify the initials (if any) of each coin's designer(s).
8. Do two of the following:
a. Make enlarged drawings of both sides of ten different denominations or forms of coins for your country no longer in circulation.
b. Collect, identify, and mount 25 different foreign coins. No two coins alike.
c. Collect and mount a type set of coins from your country minted during the 20th Century.
d. Collect and mount a date set of series of coins for your country beginning with your birth year. (Commemorative, gold, proof, expensive, or rare coins need not be included.)
Note: Facts About United States Money (free), Office of the Secretary of the Treasury, U.S. Treasury Department, Washington, D.C. 20025. Facts about your country's currency may be obtained from the government treasury department.
