It seamed by little "Why everyone needs to buy silver" post here was quite popular, so I figured it was a good opportunity to keep that momentum and interest and do a little daily series about some different introduction content to stacking.

So what better place to start then with a bit of a glossary, if you read a few posts around here, there may be a few words that trip you up or get you confused.

In no particular order;

LSC- Local Coin Shop (When I was new and seen this online, you'd never believe how long I looked online to find the LCS so I could get all the sweet deals everyone else was getting)

Coin - A coin always has a marked face value and usually issued by a government. (this can get confusing when some mints make 'coins' with various non-standard shapes. (like the one below)

Source

Round - This is the term used to described a silver or gold 'coin' this is not issued by a government without a face value. (ie the steem silver round)

Medal - This is a 'coin' that is also privately minted but doesn't always contain precious metals, could also be used to describe a tradition military medal.

Token - A 'coin' that is struck and issued privately, and often given a value in trade or service, can often be used as an advertisement. (like a free beer, or car wash, bus ride, etc).

Source

Obverse- This is the fancy term for the head's side of a coin, it usually continues someone head. In a round or token it is usually the generic side that may be used on multiple pieces and has the standard markings indicating the silver contest and weight.

Reverse- The tails side or a coin or round.

Coin-Turn - This one used to get my confused, but US coinage you flip-end over end or up and down and both sides will be facing upright when you look at them. It is in reference to the orientation of the obverse and reverse dies when they are minted.

Medal-Turn - This is like Canadian Coins and most minted bullion, you flip the coin side to side or left and right to keep both sides upright. (this was from when a solider would wear a 'medal' on parade, if the wind or something flipped it you wouldn't be seeing the queen or king upside down.

Bullion - This is a standard term for gold of silver that is valued by weight and metal content and not a face value.

Numismatics - This is the fancy term for coin collecting or the study of money. It is often used when describing a coin or round as a 'numismatic piece' which means has more value than just the silver content since it also contains and collector value or premium.

Semi-numismatic - Used to describe a coin or round, that has a small collector value in addition to the the 'bullion value'

Junk Silver - This is used to describe silver that is less then 0.999 in purity, often in jewelry, silverware or old coins.

Constitutional Silver - Sometimes used to describe 'junk' silver coins as above, since some people don't like the term 'junk'

Finish - The surface texture and quality of a coin

Proof Finish - A high luster and reflective coin finish.

Antique Finish - A coin finish when a special chemical process is applied to give it a blackened and antique look.

Brilliant Uncirculated (BU) - A standard coin finish

Toning - This is a discoloration of a coin surface. It can be naturally occurring from environmental circumstance or artificially created through chemical processes. Can be multiple colors and shades.

Hope it helps and feel free to check out #steemsilvergold to learn more or see more now that you understand all the lingo

Feel free to ask any other questions in the comments.

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