VALUE

- A coin can have as many as five values depending on the context in which they are used. Face Value is the denomination of the coin. Intrinsic Value is the melt value of the coin's metallic content and for gold or silver coins is greater than Face. Wholesale Value is what a dealer will pay to own a piece for his business for eventual resale. Retail Value is what a typical collector will pay to own the coin. Esteemed Valued is the highest possible price that a collector might pay for a piece and this price is influenced not just by how rare or non-competitive the coin might be but also by a certain amount of "ego" and emotion on the part of the buyer, Certain coins with "pedigree" may also be classed here. See Pricing Rare Coins.

VAPOUR CORROSION INHIBITOR

- A general reference to a commercial product that is stored with coins in a closed container and protects metals (coins) from the corrosive atmosphere by emitting a chemically inert vapour. Will not cause coins to tone or existing toning to change.

VARIANT

- A minor variety, See Variety.

VARIETY

- A major change in design, without altering so far as to create a new type. Such changes include changes in size, shape, or metallic content; revised inscription' and significant modifications in the wreath, crown, shield, or portrait. A Major Variety is a coin of the same date, mint mark, and denomination as another, but struck from another pair of dies and having at least the major device added, removed or redesigned. A Minor Variety is one with all major devices the same as another, but with some easily recognizable variation. See also Die and Non Die Varieties.

VARIETY COLLECTOR

- One who specializes in collecting coin varieties.

VECTURES

- Transportation tokens.

VECTURIST

- A collector of tokens pertaining to all types of transportation.

VERDIGRIS

- A green crust that forms on copper coins. Can be removed by soaking the coin in a hot solution of sodium sesquicarbonate in water.

VIGNETTE

- A pictorial element of a bank note design that shades off gradually into the surrounding unprinted paper or background rather than having sharp outlines or a frame.

VIRGIN COIN

- Same as brand new, pristine, original, ie. untouched by mishandling marks or damaging chemical cleaning solutions.

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