Coin Collecting Glossary

The who's who and what's what of coin collecting.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


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Lamination

A defect in the metal or gases trapped in a coin's metal that result in a piece of the coin detaching from the rest. Where die cracks extend above the surface of a coin, lamination extends down into the coin. A type of error that is more common in clad coinage.
See also - - Clad Coinage, Die Crack

Liberty Head Gold Dollar

A United States $1 gold coin minted from 1849 until 1854. The 1849 gold dollar from the Philadelphia and Charlotte mints have a few varieties that are routinely collected by collectors. There are various combinations of Open/Closed Wreath, Small or Large Head, and With or Without "L."
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See also - - Gold Dollar, Indian Head Gold Dollar

Liberty Head Double Eagle

A United States $20 gold coin minted from 1849 until 1907. Liberty Head double eagles are grouped into three types, Without Motto on Reverse (1849-1866), With Motto and Twenty D on reverse (1866-1876), and With Motto and Twenty Dollars on reverse (1877-1907). Gold type collectors usually seek an example of each of the types. The 1849 double eagle is a unique pattern piece that currently resides in the Smithsonian Institution.
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See also - - Double Eagle, St. Gaudens Double Eagle

Liberty Head Quarter Eagle

A United States $2.50 gold coin minted from 1840 until 1907. In 1848, a small amount of newly discovered gold from the Californial gold rush was brought back east by the military and deposited with the mint in Philadelphia. This gold was struck into 1,389 quarter eagles with the abbreviation "CAL." punched into the field above the eagles head on the reverse. This CAL. quarter eagle is one of the most desired quarter eagles by collectors.
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See also - - Quarter Eagle

Lincoln Cent

A United States 1ยข coin minted continuously from 1909 until the present day. This cent designed by Victor David Brenner (VDB) was issued to commemorate the 100th anniversary of Lincoln's birth. The initial design featured the initials of Victor David Brenner displayed prominently at the bottom of the reverse. They were quickly removed amidst controversy thus creating a major rarity with the 1909-S VDB variety. From 1909 until 1958, the reverse design featured wheat ears. From 1959 until 2008, the reverse featured the Lincoln Memorial. In 2009, four new reverses were created to commemorate the bicentennial of Lincoln's birth. In 2010, a new reverse design will be released.
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See also - - Flying Eagle Cent, Indian Head Cent

Love Token

During the 19th century, it was popular for a love sick gentleman to smooth or shave off one side of a coin in order to engrave a heartfelt sentiment, a romantic design, or simply his true love's initials onto the coin.

Luster

Definition coming soon.