FB stands for “Full Bands” on Professional Coin Grading Service (PCGS) certifications. It indicates that the coin in question has full bands on its feathers. This indicates that the coin is of higher quality and worth more than coins that may have partially worn or missing banding on their feathers.
Coins with full bands are usually worth significantly more than those without full bands.
What is full bands or FB Roosevelt Dimes?
Full bands (FB) Roosevelt Dimes are coins that have full, complete bands on the torse (chest) of President Roosevelt’s head. Roosevelt dimes were created in 1946 to honor the nation’s 32nd President, Franklin D Roosevelt.
Roosevelt Dimes were made from 90% silver and 10% copper until 1964. From 1965 to date, the Roosevelt dime is made of copper and nickel.
FB Roosevelt Dimes have distinct grading designations that particularly apply to the condition of the bands on the president’s head. If a Roosevelt dime has full” bands” that wrap around the center of the chest, a much higher grade can be attributed to the coin.
When the bands are less than full, the grade is lower. An FB Roosevelt Dime is considered to be a Mint State 68 or higher by experts. It is one of the most popular Roosevelt Dime varieties due to a dispute that happened between the United States Mint and The Franklin Roosevelt Memorial Commission.
The commission thought that some of the dies were making Roosevelt’s head look too “flat” in comparison to his three-quarter profile portrait featured on the dime. This dispute caused Mint Engraver John Sinnock to enhance and open the bands on the forehead and add dimension to the overall design.
FB Roosevelt Dimes were only minted for two years, 1946 and 1947. The difference in design between the two dated coins is slight, but the distinction is highly collectible. The 1946 dime only has full bands on the President’s head and the 1947 dime features a slightly curved design on the head bands.
Many collectors and investors look for FB Roosevelt Dimes as a way to diversify their coin collection with something unique and highly desired.
What is PR vs PF coins?
PR vs PF coins is a comparison between Proof-of-Stake (PoS) and Proof-of-Work (PoW) consensus algorithms that is often used to decide which crypto coins to purchase. Each protocol produces coins in a different way, resulting in differences in how value is created, secured, and transferred.
Proof-of-Work (PoW) is a consensus algorithm based on a solution to a complex problem. It requires miners to solve complex mathematical puzzles to gain the reward for finding a valid coin solution and add it to the blockchain as a new block.
It serves as a way to validate transactions, create new digital currencies, and prevent double-spending within the blockchain.
Proof-of-Stake (PoS) is a consensus algorithm in which a user puts up a certain amount of their coins as security to help validate transactions and create new coins. This is done by randomly selecting users to create new blocks, or validate transactions and mint new blocks, in return for a hybrid reward consisting of a block reward and transaction fees.
The main difference between Proof-of-Work and Proof-of-Stake coins is that with PoW, miners are rewarded with coins for processing, validating, and adding new blocks to the blockchain, while with PoS, users are rewarded with coins for staking their coins and validating transactions.
In addition, PoW coins involve large amounts of energy consumption and hardware costs, while PoS coins don’t involve any of those costs. PoS coins also tend to be much faster and more efficient than PoW coins.
What does PR 69 mean when grading a coin?
PR 69 is a numerical grade given to coins from the Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Service (PCGS). It is a specific grade given to coins that appear nearly perfect when viewed with the naked eye, but may contain very minor imperfections.
Coins with this grade will exhibit no more than two tiny contact marks or one small area of hairlines. NGC and PCGS use a 1 to 70 scale to determine the grade of a coin, where 70 is reserved for flawless quality.
Coins graded PR 69 are some of the finest available and come with a higher premium than lower grades.
What is PF70 vs ms70?
PF70 vs MS70 is a comparison between two grading standards for coins – the Professional Coin Grading Service’s (PCGS) Proof 70 (PF70) and Numismatic Guaranty Corporation’s (NGC) Mint State 70 (MS70).
The two standards are widely accepted as the highest grade that a coin can receive from either service. Coins graded PF70 have the highest possible degree of gloss and visual appeal, as well as a lack of any imperfections, whether caused by contact with other coins during the production process or wear and tear during circulation.
On the other hand, coins graded MS70 have an entirely perfect surface and no flaws, regardless of the level of detail on the strike or the amount of wear and tear they’ve experienced due to circulation.
In general, a PF70 coin will cost more than an MS70 because of its higher premium value.
What does a full band dime look like?
A full band dime is a coin minted in the United States prior to 1965 featuring the profile of President Franklin D. Roosevelt on the obverse. It is commonly referred to as a “full-band” dime because it contains bands of fine details on the rim of the coin, forming a continuous round of uninterrupted detail that runs from one side of the coin to the other.
The band of detail referred to is the reeded edge that encircles the coin. On obverse of the coin is the image of Franklin D. Roosevelt facing to the left wearing his eyeglasses, and the inscription “Liberty” at the top rim of the coin and the date at the bottom.
On the reverse side is a bald eagle, wings spread-wide and slightly up, standing by a shield. Above the Eagle is the motto “In God We Trust” and in a textured panel below the Eagle are the inscriptions “United States of America” and “One Dime.”
What are full split bands on Mercury Dimes?
Full split bands on Mercury Dimes refer to an error on the design of the coin where the raised horizontal bands on the back of the coin split into two distinct bands. The name derives from the popular Mercury Dime.
This error occurs when the die used to prepare the coins has a worn or incorrectly cut section at its base. As the die wears, the edges of the blades get too thin or weak to keep them from splitting.
This error can be identified from the reverse side of the coin. A separated band appears on either side of the left and right wings. This defect is normally caused by a die that is heavily worn and has a noticeable gap between the band and other elements on the coin.
This error is considered more collectible than coins without the defect and is sought after by coin collectors.
What are the abbreviations for coins?
There are a variety of abbreviations for coins across different currencies, but some of the most common are as follows:
USD – United States Dollar
CAD – Canadian Dollar
EUR – Euro
GBP – British Pound
AUD – Australian Dollar
JPY – Japanese Yen
CHF – Swiss Franc
KRW – South Korean Won
INR – Indian Rupee
CHY – Chinese Yuan
HKD – Hong Kong Dollar
BTC – Bitcoin
ETH – Ethereum
LTC – Litecoin
XRP – Ripple
What do the letters on coins mean?
The letters or abbreviations printed on coins usually represent the name of the country or region that issued the coin. In the United States, for example, coins feature the acronym “IN GOD WE TRUST”.
The United States’ coins also feature the initials of the US Mint along with the year a coin was first issued. Depending on the country, coins may feature other abbreviations such as ‘USD’ for US Dollar coins.
Other countries may feature symbols or letters that are a part of their currency’s language or otherwise signify the country of origin. For example, coins from the Republic of Ireland feature the spelling of ‘Eire’, which is the Irish word for Ireland, as well as a harp indicative of the country and its currency.
Similarly, the United Kingdom or ‘UK’ coins feature a currency symbol known as a ‘pound sign’ or ‘pound sterling sign’. Coins issued by regions such as Monaco, Spain, or the Vatican City may also feature their respective abbreviations such as ‘MC’, ‘ESP’, or ‘Vat’.
Additionally, some coins may feature a mint mark or symbols that designate the mint at which they were made. This can be a letter, number, or symbol that differentiates coins minted in different locations.
What is the rarest mint mark on a quarter?
The rarest mint mark on a quarter is the 1995-P Doubled Die Obverse, or DDR for short. This coin was minted in Philadelphia and has a particularly unusual feature – the date and mint mark appear twice, with one of the images shifted slightly to the left or right.
It is estimated that only around 3,000 of these coins were minted, making it exceptionally rare. Although it is much sought-after, it is not particularly valuable because of its large number of specimens.
However, it still commands a premium over a normal quarter.
How do you know if you have a valuable coin?
In order to tell if you have a valuable coin, you should look for certain hallmark features. If the coin is U.S. currency, it should have the denomination, the year of minting, the motto “In God We Trust”, the series name, the designer’s initials, and the mint marks.
U.S. coins from 1793 to present should also have the profile of Lady Liberty and the national motto “E Pluribus Unum”. The coin should also be properly labeled by denomination and year, and the date and mint mark should be clear and distinct.
In addition, you should consider the coin’s condition. Generally, coins with a condition rating of AU-55 to MS/PF70 are the most valuable. AU stands for “About Uncirculated” and MS stands for “Mint State” while PF stands for “ Proof.” Keep in mind that some coins may have been worn down or otherwise too mishandled to qualify for a good condition rating.
Finally, the market is a great way to gauge the value of a coin. There are various coin collecting websites and forums which can provide a general idea of the coin’s value. You may also consider having an appraisal done by a licensed coin dealer or professional appraiser who will be able to give you a better estimate of the value.
Where is the D or S on a coin?
On most coins, the D and the S are stamped on either side of the coin. Typically, D is stamped on the obverse side (the side with the person or image), and the S is stamped on the reverse side (the side with the value of the denomination).
This distinction is typically found on coins minted in the United States. Although international coins may have a different system for stamping letters onto coins, the United States coins typically follow the D-S system.
Why is a 1982 penny worth $10000?
A 1982 penny is worth $10,000 because of its rarity. There were only 15 thousand 1982 Lincoln cents struck in zinc-coated steel in San Francisco that year. Unlike other coins from the same year, these coins were made using a new material, zinc-coated steel, which was intended to save Lincoln cents from becoming circulation copper coins.
The zinc-coated steel coins captured the attention of the collector community and became quickly a sought after coin. Furthermore, the vast majority of these coins were quickly worn from circulation making them very rare in Uncirculated condition.
Therefore, it can be expected to pay a premium for any 1982 Lincoln cent you can find in uncirculated condition, making them worth up to $10,000.