Coin Collecting Merit Badge Requirements
 
Scoutmaster Bucky Coin Collecting
 
Scoutmaster Bucky offered this merit badge:
Saturday, January 7, 2017 Minneapolis, MN 9 Scouts
Tuesday, August 23, 2016 online 7 Scouts
Saturday, March 12, 2016 Maple Plain, MN 2 Scouts
Thursday, January 15, 2015 online 6 Scouts
Saturday, March 15, 2014 Maple Plain, MN 7 Scouts
Thursday, December 19, 2013 online 5 Scouts
Saturday, March 16, 2013 Maple Plain, MN 10 Scouts
Saturday, March 10, 2012 Maple Plain, MN 6 Scouts
Saturday, March 12, 2011 Richfield, MN 16 Scouts
Saturday, March 6, 2010 Richfield, MN 15 Scouts
Saturday, April 18, 2009 Richfield, MN 12 Scouts
Coin Collecting Merit Badge Pamphlet
   
Created: 1938
Scoutmaster Bucky Class Prep Page: click here
Scoutmaster Bucky Workbook: click here
Merit Badge History Page: click here
 
MERIT BADGE REQUIREMENTS source: Boy Scout Requirements: 2017 Edition
 

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

 

2. Explain these collecting terms:

a. Obverse

b. Reverse

c. Reeding

d. Clad

e. Type Set

f. Date Set

 

3. 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.

 

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:

a. Demonstrate to your counselor that you know how to use two U.S. or world coin reference catalogs.

b. 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:

a. Identify the people depicted on the following denominations of current U.S. paper money: $1, $2, $5, $10, $20, $50, and $100.

b. Explain “legal tender".

c. Describe the role the Federal Reserve System plays in the distribution of currency.

 

9. Do ONE of the following:

a. Collect and identify 50 foreign coins from at least 10 different countries.

b. Collect and identify 20 bank notes from at least five different countries.

c. Collect and identify 15 different tokens or medals.

d. 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:

a. 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.

b. 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.

c. Give a talk about coin collecting to a group such as your troop, a Cub Scout pack, or your class at school.

d. Do drawings of five Colonial-era U.S. coins.

 
this page last reviewed / updated: October 2017
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