Coin Collecting Merit Badge is typically one of the first badges most
Boy Scouts receive on their journey to Eagle Scout, mainly due to
there being only 10 basic requirements. It was the 35th merit badge
introduced to Boy Scouting, in 1938.
then, the merit badge requirements have had multiple revisions, with
the latest revision in 2009. It was the 87th most common merit badge
to earn in 2014, with 5,303 Scouts who earned it.
Connect with Coin World:
Coin Collecting Merit Badge was first created to help Scouts to find a
hobby of their own. Within this merit badge, Scouts learn about both
world and U.S. paper currency, how to grade common type U.S. coins,
how to identify world and U.S. coins, and the history of coin
learn about world paper currency only once during the course of
earning their merit badge, in requirement 9b. They learn how to
identify 20 paper notes based on their country and denomination.
paper currency is primarily discussed in requirement 8, where the
Scout needs to show knowledge of U.S. paper currency. Knowledge is
best displayed by being able to identify the people who are depicted
on the $1 to $100 bills. Scouts also have to be able to explain what
“legal tender” is and describe what the role is of the Federal Reserve
System in the distribution of paper currency in the United States.
grading is taught to the Scouts through requirement 3. The Scouts have
to be capable of explaining the grading terms from “Uncirculated” to
“Poor.” They also have to be capable of explaining the term “Proof”
and why it is considered not to be a grade. The Scouts also look at
what encapsulated coins are, as well as the different types of
companies that grade coins, along with the benefits of having coins graded.
of both world and U.S. coins is taught to the Scouts through
requirements 2, 5, 6, and in requirement 9a. Scouts are required to
explain the collecting terms: Obverse, Reverse, Reeding, Clad, Type
Set, and Date Set.
Scout also learns how to use both a world and U.S. coin catalog and is
required to demonstrate to his merit badge counselor how to use both
requirement 6 the Scout is required to describe and explain the 1999
to 2008 50 State Quarters Program.
Scout has to obtain 50 different foreign coins from approximately 10
separate countries and display them to his merit badge counselor.
noted previously, the history of coin collecting is taught in the Coin
Collecting Merit Badge instruction as well.
requirements 1 and 10a, the Scout is required to show exceptional
knowledge of the history of the United States Mints. The Scout has to
know what the modern minting process is and explain it to the best of
his capabilities to his merit badge counselor. He is also required to
show knowledge of all the active U.S. Mints and their locations within
the United States.
Requirement 10a the Scout is required to tour a U.S. Mint facility, a
Bureau of Engraving and Printing facility, a Federal Reserve Bank, or
a numismatic museum or exhibit.
Coin Collecting Merit Badge is one of the most commonly earned badges
in Scouting and is also one of the oldest badges offered in Boy
Scouting. In all, 491,841 Scouts in the history of Scouting have
earned this outstanding badge within their time of being a Scout. This
merit badge is one of the easiest and most fun to earn and I recommend
every Scout to try to earn his today.
William Cather is a member of the Boy Scouts of America, having
reached the rank of Eagle Scout. He hopes to attend the American
Numismatic Association Summer Seminar.
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