GC21NQ1 H.A.C. -Coin Collecting (Traditional Cache) in Iowa, United States created by Tape worm

This cache has been archived.

Tape worm: After seeing the area in person today and taking to the guys working on building a new rest stop, this ended up in the dumpster, at least he thought. Time to lay this one to rest.

GC21NQ1 ▼

A cache by Tape worm Message this owner

Hidden : 2/4/2010

Difficulty:

Terrain:

Size: Size: regular (regular)

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Geocache Description:

Coin collecting is one of the oldest of all hobbies. Hoards of ancient coins found in excavations indicate that coins were one of the first collectibles. From earliest times, people valued coins not only as a means of trading and storing wealth, but also as miniature works of art.

Requirements

1. Understand how coins are made and where the active U.S. Mint facilities are located.

2. Explain these collecting terms:
1. Obverse
2. Reverse
3. Reeding
4. Clad
5. Type set
6. Date set

3. Explain the grading terms Uncirculated, Extremely Fine, Very Fine, Very Good, Good, 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.

4. Know three different ways to store a collection, and describe the benefits, drawbacks, and expense of each method. Pick one to use when completing requirements.

5. Do 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.

6. Describe the 1999–2008 50 State Quarters® Program. Collect and show your counselor five different state quarters you have acquired from circulation.

7. Collect from circulation a set of current 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.

8. 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.

9. 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.

10. Do ONE of the following:

1. Tour a U.S. Mint facility, a 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.

On the Geocaching website we have item's that are "trackable". They range from Travel Bug tag's to geo-coin's. The geo-coin's are designed by a person and sent into a company to be made. Some of us collect those coin's, and some of them get sent out to travel from cache to cache. Each coin is unique and has it's own tracking number that you can use to watch it travel all over the world.

If you find one of these coin's in a cache you can't keep it, but you will get an icon under your found trackables list.

This cache is placed in a spot that is a good place for travel bug's and geo-coins to visit. This is a year round friendly find and available 24 hour's a day, and even your pet's are welcome. Please help the trackable's along. They are not normal trade item's and you do not have to leave anything for trade for them. They belong to another cacher. Each time it's logged the owner of the trackable item get's notified if their bug or coin got picked up or dropped off.