Boy Scouts have been earning mint collecting deservingness badges for decades. The Merit Badge requirements for coin collecting ensures that any Boy Scout vying for a coin collecting Merit Badge completes sealed objectives and goals which teach young scouts :
- The value of money
- The history of coinage
- The many important basics of coin collecting and numismatics
The coin collecting deserve badge requirements are not particularly difficult to meet, but they do require careful retainer so that each of the goals is successfully achieved. possibly the most authoritative thing the Boy Scout hoping to earn his coin collecting deservingness badge should remember is that, upon completing the coin collecting deserve badge requirements, he will credibly know more about basic numismatics than most others just starting out the hobby of coin collect !
Boy Scout Coin Collecting Merit Badge Requirements
Below you ’ ll find all the Boy Scout mint collecting Merit Badge requirements. Be certain to check out some of the ideas and hints offered by the ANA ( American Numismatic Association ) on how to achieve the coin collecting deserve badge, a well. There are presently 10 major goals and challenges that Boy Scouts must accomplish to earn their mint collecting deservingness badges. These are the most recent deservingness badge requirements which can be found in Boy Scouts Requirements 2009 Edition, BSA Supply 33216 .
#1 – Know how coins are made and which U.S. Mint facilities are currently operating.
This is just a count of know :
- How coins are made
- Which U.S. Mint facilities make coins today (This includes all of the operating branch mints)
#2 – Explain what these coin terms mean:
- Date Set
- Type Set
here ’ s a beneficial resource for coin terminology .
#3 – Be informed on coin grading.
There are basically 4 sub-areas Boy Scouts must meet when accomplishing this goal. The 1st separate of this objective is explaining each of 7 chief coin grades. Those coin grades are :
- Extremely Fine
- Very Fine
- Very Good
The 2nd aspect of this objective involves collecting and displaying a single type of mint from 5 of these grades. For exemplar, a Boy Scout would need a Lincoln penny in uncirculated, extremely all right, fine, very good, and good.
The 3rd part of this goal requires the Boy Scout to explain what a proof coin is and why proof is not a mark. The 4th and final examination dimension of this requirement is to explain what encapsulated ( 3rd-party graded ) coins are. It might help the Boy Scout to explain some of the advantages of a 3rd-party graded coin over crude coins.
#4 – Understand and explain 3 different coin storage methods.
This contribution of the mint collecting deserve badge requirements needs Boy Scouts to find out and explain 3 respective ways to store coins and besides compare each of these to the others. Which are more expensive ? Which might protect coins better ? Which coin memory methods are commodity for long-run auspices versus short-run caparison ? Another element of this goal is to choose one of these coin storage methods for protecting and housing coins collected for the mint collecting deservingness badge .
#5 – Get to know some coin collecting publications.
Yes, a sting of read is involved in earning the coin collecting deserve badge ! The Boy Scout will need to know how to use and refer to 2 United States mint or populace coin catalogs.
Read more: About Witter Coin
Another depart of this goal is to read a coin collecting magazine or newspaper. Afterward, the Boy Scout must be able to demonstrate to a counselor some of the things he learned from that coin collecting newspaper or magazine .
#6 – Talk about and collect the 50 States Quarters.
Boy Scouts must be able to describe some of the basics about the 50 States quarters serial, including :
- How long the series ran
- The purpose of the series
- Other background on the popular coin series
The Boy Scout must besides collect and display to a counselor 5 of the 50 States quarters picked out of pouch switch .
#7 – Build a circulation type set.
Boy Scouts must build ( from pocket switch ) a set of presently circulating coinage. He must besides acquire a :
- Dollar coin
A topple for this part of the necessity : go to a deposit — banks about constantly have at least a few half-dollar and dollar coins on hand.
besides, Boy Scouts must be able to find and identify any batch marks and designers ’ initials which appear on the coins he collects for this set .
#8 – Show some paper currency skills.
While most of the coin collecting deserve badge requirements focus entirely on neologism, there are a few things Boy Scouts have to know about paper currency. These skills include :
- Know who appears on the $1, $2, $5, $10, $20, $50, and $100 bills.
- Understand and describe what legal tender means.
- Explain how currency is placed into circulation by the Federal Reserve.
#9 – Build a small coin collection.
To earn a coin collecting deserve badge, a Boy Scout must build one of the follow types of bill or coin collections :
- Build a type set of a single type of coin including every year since the Boy Scout’s birth. (For example, if the Boy Scout was born in 1997, then he could build a collection of Lincoln cents — 1 for every year since 1997.)
- Collect 50 foreign coins from at least 10 countries and identify each of the coins.
- Collect 20 pieces of paper currency from at least 5 countries, identifying each banknote.
- Collect 15 different medals or tokens and be able to identify each.
#10 – Explore the many sides of coin collecting.
The tenth prerequisite a Boy Scout must fulfill to earn a coin collecting deservingness badge encourages some bit of searching and exploring of the huge reaches of coin gather.
He will have to do 1 of the following 4 things :
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I ’ m the Coin Editor here at TheFunTimesGuide. My love for coins began when I was 11 years old. I chiefly collect and study U.S. coins produced during the twentieth hundred. I ’ m a penis of the American Numismatic Association ( ANA ) and the Numismatic Literary Guild ( NLG ) and have won multiple awards from the NLG for my work as a mint diarist. I ’ m besides the editor at the Florida United Numismatists Club ( FUN Topics magazine ), and writer of Images of America : The United States Mint in Philadelphia ( a book that explores the colorful history of the Philadelphia Mint ). I ’ ve contributed hundreds of articles for assorted mint publications including neologism, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. I ’ ve authored about 1,000 articles here at The Fun Times Guide to Coins ( many of them with over 50K shares ), and I welcome your mint questions in the comments below !