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F-12
This is for "Fine" (the grade) and "12" (the numerical designation of the grade). The design
detail is partially in evidence. The coin is still heavily worn. If there is any eye appeal in this
grade it comes from the smooth surfaces associated with this grade, as any distracting
marks have usually been worn off through circulation.

F-15
This is for "Fine" (the grade) and "15" (the numerical designation of the grade). Most of the
letters in LIBERTY are visible, about 35-50% of the wing feathers are visible, or whatever
applies to the coin in question. In other words, the coin is still in highly collectible shape.

Face Value
The stated value on a coin, at which it can be spent or exchanged. The face value is usually
different from a coin’s numismatic or precious metal value.

Fair
The adjective corresponding to the grade FR-2. In this grade, there is heavy wear with the
lettering, devices, and date partially visible.

Five Indian
Slang for the Indian Head half eagles struck from 1908 to 1929.

Five Lib
Slang for the Liberty Head half eagles struck from 1839 until 1908.

Flowing Hair
The design attributed to Mint engraver Robert Scot that features Miss Liberty with long,
flowing hair.

Four-Dollar Gold Piece
An experimental issue, also known as a stella, struck in 1879-1880 as a pattern. Often
collected along with regular-issue gold coins, this was meant to be an international coin
approximating the Swiss and French twenty-franc coins, the Italian twenty lira, etc.

Franklin Half Dollar
The John Sinnock designed half dollar struck from 1948 until 1963. This featured Ben
Franklin on the obverse and the Liberty Bell on the reverse.

Frost
A crystallized-metal effect seen in the recessed areas of a die, thus the raised parts of a
coin struck with that die. This is imparted to dies by various techniques, such as
sandblasting them or pickling them in acid, then polishing the fields, leaving the recessed
areas with frost.
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