Are you new to the world of numismatics? According to the Merriam-Webster Dictionary, numismatics is “the study or act of collecting of coins, paper money, and medals.” If you are new to the numismatic community, you may be wondering what the difference is between numismatic coins and bullion coins. Numismatic coins are rare and collectible. Bullion coins are valued for their melt value in silver, gold, and other precious metals.
There have been many famous numismatists, or coin collectors, throughout history. From kings to businessmen, coin collecting has a rich history...these coin collectors include Francesco Petrarch, King Louis XIV of France, King Farouk of Egypt, King Emmanuel of Italy, John Quincy Adams, Franklin D. Roosevelt, John J. Ford, Wayne Gretzky, Eric Newman, and many others.
John Mercanti is a designer and sculptor who designed the reverse side of the coin. He served as the Chief Engraver of the United States Mint for 37 years until he retired in 2010. The well-known and famous engraver had designed hundreds of coins and medals during his time as Chief Engraver. His designs include the Congress Bicentennial Gold Coin (1989) – obverse side, Pennsylvania State Quarter (1999) – reverse side, Iowa State Quarter (2004) – reverse side, and many others. He left a lasting impact on the way coins are engraved in the modern day; he was one the first to use computer and art software to design coins.