NGC NGC US Type Coins & Varieties 2

Question 1

Which US coin series featured the motto 'E PLURIBUS UNUM' on its edge lettering rather than on the coin's face?

Accepted Answer

Presidential Dollar series (2007–2016)

Answer

The Presidential Dollar series (2007–2016) featured edge lettering including 'E PLURIBUS UNUM,' 'IN GOD WE TRUST,' and the year and mint mark.

Question 2

An 'overdated' coin variety occurs when:

Accepted Answer

A die has one date punched over a previous date

Answer

Overdates result when a new date was punched over the old date on a working die, leaving traces of the earlier date visible.

Question 3

What is the significance of the 'VAM' designation in US coin collecting?

Accepted Answer

Variety Attribution for Morgan and Peace dollars by Van Allen and Mallis

Answer

VAM stands for the cataloguing system created by Leroy Van Allen and A. George Mallis to identify die varieties of Morgan and Peace dollars.

Question 4

In US type coin collecting, what is meant by the term 'key date'?

Accepted Answer

A coin with low mintage that is essential to completing a set

Answer

A key date is a coin with a low mintage or high survival difficulty that is critical and typically most expensive to a complete set.

Question 5

What does NGC's 'CAC' sticker (when present on a holder) indicate?

Accepted Answer

Certified Acceptance Corporation has confirmed the coin meets premium quality for its grade

Answer

A CAC (Certified Acceptance Corporation) sticker on an NGC holder indicates the coin meets or exceeds the quality standard for its assigned grade.

(NGC) Numismatic Guaranty Corporation Certified Professional Practice Test