The edge of a coin is sometimes called the "third side." Experts call the heads side the obverse, and the tails side the reverse, reserving the term edge for the third side, or the side that you see if you look at the coin in the space between the obverse and reverse. The edge runs around the entire circumference of the coin, and is the portion that has the reeding on it if it's a dime or quarter dollar. The edge is plain on pennies and nickels.
The rim of a coin can be found on either side. In fact, a coin can be said to have two rims, one on the obverse and one on the reverse. The rim is the up-raised part of the coin that completely encircles the diameter on both front and back. On U.S. coins, the rim is usually very thin, but on Presidential Dollars it is much wider, the purpose being to allow blind people to tell the dollar apart from the quarter dollar coin by touch alone. (This standard was created back when the Susan B. Anthony dollar also had the reeded edge, so the lack of reeding wasn't enough for the blind to make the distinction.)
Polygons like the Australian dodecagonal 50 cents coins and British 20p and 50p coins, and scalloped coins like the Hong Kong $2 coin are normally considered to be different shapes, rather than having a "12-sided edge" or "scalloped edge". Such coins normally have plain edges; reeding or other patterns aren't easily applied to odd-shaped planchets.
A Plain edge has no marking of any kind on the edge, applied with a simple, flat collar die. In modern times, almost without exception, only base-metal coins had this kind of edge. Australian bronze coins and American cents and 5 cents have plain edges.
A grooved edge is plain, but has a deep score or groove halfway across, all the way around the rim. The initial reaction of someone seeing such a coin for the first time is "it looks like two coins glued together". The 2 eurocent is an excellent example of this feature.
A Reeded edge has fine serrations like a file, all the way around the rim. Normally the reeding is vertical, but some early experiments had slanted reeding. Most modern silver and gold coins world-wide, and most of their cupronickel successors, have this kind of edge, also popularly known as a milled edge or filed edge.
A Security edge is a combination of grooved and reeded edge; often the furrow of the groove is decorated with a pattern (dots, lettering or some such) to make it even harder to duplicate. Hong Kong and India are traditional users of this kind of edge, though the high cost of applying it and the removal of precious metal from circulating coins have largely rendered this kind of edge obsolete.
An Inscribed edge has text around the rim. On older coins (like Maria Theresa thalers, US gold coins and British crowns), this text was placed on the collar die. Modern versions (like the USA Presidential Dollars) tend to use a second stage in the minting process to add the edge inscriptions.
A Decorated edge is similar to the inscribed edge, but patterns and symbols instead of letters are used. This term could be applied to the circles-and-rectangles pattern applied to Spanish "portrait" dollars, and to the recurring stars seen on many of the 2 euro coins.
An Interrupted reeded edge has alternating sections of reeded and plain edge. The 1 euro and Australian $1 circulating coins are classic examples of interrupted reeding. The Australian $2 also can be considered to have interrupted milling, though the spacing is different.
An Indented edge is a plain or milled edge with several indents or notches regularly spaced around it. This type of edge has recently come into fashion; the 20 eurocent, Srilanka 50 cents and new New Zealand 20$ coin have this kind of edge, also known as "Spanish flower".
A Serrated edge is the term usually applied to ancient Greek and Roman coins with v-shaped notches painstakingly carved into the coin at regular intervals. Apparently a very crude attempt at applying something resembling a reeded or security edge. A herringbone edge is a specific kind of decorated edge, and resembles an early attempt at reeding; the pattern on the rim forms a series resembling interconnected arrows, or a "fish-bone" pattern. The Spanish "pillar dollar" of the early 1700's is a classic example of this kind of edge. I do not have a sample.
The rim of a coin can be found on either side. In fact, a coin can be said to have two rims, one on the obverse and one on the reverse. The rim is the up-raised part of the coin that completely encircles the diameter on both front and back. On U.S. coins, the rim is usually very thin, but on Presidential Dollars it is much wider, the purpose being to allow blind people to tell the dollar apart from the quarter dollar coin by touch alone. (This standard was created back when the Susan B. Anthony dollar also had the reeded edge, so the lack of reeding wasn't enough for the blind to make the distinction.)
Polygons like the Australian dodecagonal 50 cents coins and British 20p and 50p coins, and scalloped coins like the Hong Kong $2 coin are normally considered to be different shapes, rather than having a "12-sided edge" or "scalloped edge". Such coins normally have plain edges; reeding or other patterns aren't easily applied to odd-shaped planchets.
A Plain edge has no marking of any kind on the edge, applied with a simple, flat collar die. In modern times, almost without exception, only base-metal coins had this kind of edge. Australian bronze coins and American cents and 5 cents have plain edges.
A grooved edge is plain, but has a deep score or groove halfway across, all the way around the rim. The initial reaction of someone seeing such a coin for the first time is "it looks like two coins glued together". The 2 eurocent is an excellent example of this feature.
A Reeded edge has fine serrations like a file, all the way around the rim. Normally the reeding is vertical, but some early experiments had slanted reeding. Most modern silver and gold coins world-wide, and most of their cupronickel successors, have this kind of edge, also popularly known as a milled edge or filed edge.
A Security edge is a combination of grooved and reeded edge; often the furrow of the groove is decorated with a pattern (dots, lettering or some such) to make it even harder to duplicate. Hong Kong and India are traditional users of this kind of edge, though the high cost of applying it and the removal of precious metal from circulating coins have largely rendered this kind of edge obsolete.
An Inscribed edge has text around the rim. On older coins (like Maria Theresa thalers, US gold coins and British crowns), this text was placed on the collar die. Modern versions (like the USA Presidential Dollars) tend to use a second stage in the minting process to add the edge inscriptions.
A Decorated edge is similar to the inscribed edge, but patterns and symbols instead of letters are used. This term could be applied to the circles-and-rectangles pattern applied to Spanish "portrait" dollars, and to the recurring stars seen on many of the 2 euro coins.
An Interrupted reeded edge has alternating sections of reeded and plain edge. The 1 euro and Australian $1 circulating coins are classic examples of interrupted reeding. The Australian $2 also can be considered to have interrupted milling, though the spacing is different.
An Indented edge is a plain or milled edge with several indents or notches regularly spaced around it. This type of edge has recently come into fashion; the 20 eurocent, Srilanka 50 cents and new New Zealand 20$ coin have this kind of edge, also known as "Spanish flower".
A Serrated edge is the term usually applied to ancient Greek and Roman coins with v-shaped notches painstakingly carved into the coin at regular intervals. Apparently a very crude attempt at applying something resembling a reeded or security edge. A herringbone edge is a specific kind of decorated edge, and resembles an early attempt at reeding; the pattern on the rim forms a series resembling interconnected arrows, or a "fish-bone" pattern. The Spanish "pillar dollar" of the early 1700's is a classic example of this kind of edge. I do not have a sample.
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