Apparatus for the elevation of coins
First Claim
1. A method for determining the relative numismatic quality of a test coin of a given mint mark and date comprising the steps of:
- forming a plurality of facsimile coin sets, each set comprising a plurality of facsimile coins, the facsimile coins in each set exhibiting only one given coin defect to varying quantitative extents while being substantially defect-free in all other respects;
arranging the facsimile coins in each set in relatively close proximity to each other;
assigning to each facsimile coin in each set a value representative to the extent to which such coin exhibits the defect represented by the corresponding set;
comparing the test coin with the facsimile coins in each set;
determining the facsimile coin in each set which exhibits the corresponding defect to an extent which closest resembles such defect on the test coin; and
summing the values assigned to the facsimile coins determined to closest resemble the test coin to thereby establish an overall value for the test coin;
whereby the established overall value represents the relative numismatic quality of the test coin as determined by the extent to which said defects are present on the test coin.
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Accused Products
Abstract
A method and apparatus for evaluating coins on an objective basis. A support structure displays facsimile coins representative of the obverse and reverse sides of a given class of coins. The facsimile coins within the obverse and reverse groups are further divided into sets. Each set contains facsimile coins representative of a particular type of coin defect or imperfection. The facsimile coins within a set are arranged according to increasing or decreasing extents to which the coin defect is exhibited. Each of the facsimile coins has assigned to it a number representative of the relative value of the facsimile coin in regard to that particular coin defect. The obverse and reverse sides of a test coin are compared with the facsimile coins within each set. The numeric values of the facsimile coins which exhibit the coin defects to the same extent as the test coin are noted and summed to arrive at a total numeric value for the coin. The monetary value of the test coin is then determined by a table which correlates the total numeric value of the test coin with its monetary value.
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Citations
28 Claims
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1. A method for determining the relative numismatic quality of a test coin of a given mint mark and date comprising the steps of:
- forming a plurality of facsimile coin sets, each set comprising a plurality of facsimile coins, the facsimile coins in each set exhibiting only one given coin defect to varying quantitative extents while being substantially defect-free in all other respects;
arranging the facsimile coins in each set in relatively close proximity to each other;
assigning to each facsimile coin in each set a value representative to the extent to which such coin exhibits the defect represented by the corresponding set;
comparing the test coin with the facsimile coins in each set;
determining the facsimile coin in each set which exhibits the corresponding defect to an extent which closest resembles such defect on the test coin; and
summing the values assigned to the facsimile coins determined to closest resemble the test coin to thereby establish an overall value for the test coin;
whereby the established overall value represents the relative numismatic quality of the test coin as determined by the extent to which said defects are present on the test coin. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
- forming a plurality of facsimile coin sets, each set comprising a plurality of facsimile coins, the facsimile coins in each set exhibiting only one given coin defect to varying quantitative extents while being substantially defect-free in all other respects;
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9. A method for establishing the numismatic value of a test coin having a given mint mark and date, the method comprising the steps of:
- forming a plurality of obverse facsimile coins for an obverse side of said coins and dividing the obverse facsimile coins in a first group of a plurality of facsimile coin sets, the coins in each set of the first group exhibiting only one given coin defect to varying degrees, the facsimile coins in one of the sets exhibiting the coin defect caused by wear;
forming a plurality of reverse facsimile coins for a reverse side of said coins and dividing the reverse facsimile coins in a second group of a plurality of facsimile coin sets, the coins in each set of the second group exhibiting only one given coin defect to varying degrees;
providing a support sheet for the facsimile coins;
arranging the facsimile coins on the sheet with the facsimile coins of each group and of each set in close proximity to each other;
securing the facsimile coins to the sheet;
applying to the sheet in proximity to each facsimile coin a number which is representative of the extent to which a coin defect exhibited by such facsimile coin affects the numismatic value of the said coins;
comparing the obverse and the reverse sides of the test coin with the corresponding coins;
determining the facsimile coin in each set of each group which closest resembles the extent to which coin defects are present on the test coin;
summing the numbers of each determined facsimile coin to generate a numeric total which has a direct relationship to the numismatic value of the test coin as it is affected by the coin defects present on the test coin; and
establishing from the numeric total the monetary value of the test coin. - View Dependent Claims (10, 11, 12, 13)
- forming a plurality of obverse facsimile coins for an obverse side of said coins and dividing the obverse facsimile coins in a first group of a plurality of facsimile coin sets, the coins in each set of the first group exhibiting only one given coin defect to varying degrees, the facsimile coins in one of the sets exhibiting the coin defect caused by wear;
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14. Apparatus for aiding in the evaluation of a test coin of a given class and having a given mint mark and date, the apparatus comprising:
- a support sheet;
a multiplicity of facsimile coins of said class, the facsimile coins being divided into facsimile coin sets, each set comprising a plurality of facsimile coins, the facsimile coins in each set exhibiting only one particular coin defect to varying degrees;
means securing the facsimile coin to the sheet;
a symbol applied to the sheet in the proximity of each facsimile coin which is representative of the extent to which such facsimile coin exhibits a coin defect;
whereby the test coin can be evaluated on the basis to which coin defects are present thereon by locating the facsimile coins on the sheet which closest resemble the extent to which the coin defects are present on the test coin, and summing the symbols to determine from the resulting symbol total the relative value of the test coin. - View Dependent Claims (15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26)
- a support sheet;
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27. Apparatus for aiding in establishing the numismatic value of a test coin having a given mint mark and date, and belonging to a class of coins, the apparatus comprising:
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a substantially flat support sheet; a first group of obverse facsimile coins depicting an obverse side of said class of coins; a second group of reverse facsimile coins depicting a reverse side of said class of coins; the facsimile coins in each group being divided into a plurality of facsimile coin sets, each set having a plurality of facsimile coins exhibiting a given coin defect only to varying degrees while being substantially free of all other coin defects, the facsimile coins in one of the sets exhibiting a coin defect resulting from the use of coins; means securing the facsimile coins to the sheet with the facsimile coins of each group and of each set being in relatively close proximity to each other; a number applied to the sheet in close proximity to each facsimile coin, the numbers being related to the extent to which the facsimile coins exhibit the coin defect present in the corresponding facsimile coin set, the highest number in the set representing coin defects resulting from the use of coins being higher than the highest numbers in the other sets; and a table correlating possible number totals, arrived by summing a number assigned to a facsimile coin in each set, with a monetary value established on the basis to which a test coin exhibits coin defects; whereby the monetary value of the test coin can be established by comparing the test coin with the facsimile coins on the sheet, locating the facsimile coin in each set which closest resembles the extent to which the corresponding coin defect is present on the test coin, summing the corresponding numbers to a number total for the test coin, and locating the monetary value assigned on the table to said number total. - View Dependent Claims (28)
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Specification