Coin Collecting Merit Badge

Please note this Blog is meant to help my own students to be able to earn this Merit Badge. This Blog is ran and managed by the scouts themselves plus all members of our family. We are currently studying the same subjects in our homeschool. The content in this blog is not attended to replace BSA materials but rather to organize all our materials into one place. We attend as a family to add photos, videos, youtube videos, and any other content we can find that relates to this subject below! I hope this can help your scout! Our scouts are new to scouting. Have any comments to share or suggested changes?

Are you a Merit Badge Counselor and redirected to this blog? Below you will see comments from two scouts one my daughter (DinoScout) the other from my son (ArtyScout) from your Coin Collecting merit badge class.

What we have learned so far and must share:

* DinoScout

*ArtyScout

This week the scouts are taking Online Merit Badge Classes due to the

covid-19 of March 2020 ...

A collection of dollars collected by our grandparents. Our grandparents gifted us these bills a few years ago.

Daddy collected these dollar bills when overseas. He taught us about foreign currency a few years back and he added these to our family's collection.

Our Step Great Grandmother sends us a card in the mail for every Holiday with a Two Dollar Bill. We have a collection of two-dollar bills now. Blessed to have a great grandmother.

Coins

We have been collecting coins for years. Recently we organized the coins. We have bought some at garage sales and flea markets.

We plan to keep collecting coins!

Our Dad's parents travel the world and bring back currency for us.

Research and Research and Research

Coin Collecting

Worksheets Coin-Collecting

Requirements for the Coin Collecting merit badge:

Understand how coins are made, and where the active U.S. Mint facilities are located.
Explain these collecting terms:
1. Obverse
2. Reverse
3. Reeding
4. Clad
5. Type set
6. Date set
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.
Know three different ways to store a collection, and describe the benefits, drawbacks, and expenses of each method. Pick one to use when completing requirements.
Do ONE of the following:
1. Demonstrate to your counselor that you know how to use two U.S. or world coin reference catalogs.
2. Read a numismatic magazine or newspaper and tell your counselor about what you learned.
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.
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.
Do the following:
1. Identify the people depicted on the following denominations of current U.S. paper money: $1, $2, $5, $10, $20, $50, and $100.
2. Explain "legal tender."
3. Describe the role the Federal Reserve System plays in the distribution of currency.
Do ONE of the following:
1. Collect and identify 50 foreign coins from at least 10 different countries.
2. Collect and identify 20 bank notes from at least five different countries.
3. Collect and identify 15 different tokens or medals.
4. For each year since the year of your birth, collect a date set of a single type of coin.
Do ONE of the following:
1. 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.
2. With your parent's permission, attend a coin show or coin club meeting, or view the Web site of the U.S. Mint or a coin dealer, and report what you learned.
3. Give a talk about coin collecting to a group such as your troop, a Cub Scout pack, or your class at school.
4. Do drawings of five Colonial-era U.S. coins.