Glossary of Numismatics - I

I

Incuse

Part of the coin's design that has been impressed below the surface (intaglio). Not as popular as the "relief" method due to difficulty striking clearly and shorter lifespan of dies.

Ingot

Mass of pure metal from a mould. It may be stamped with its weight and purity.

Inscription

Lettering and wording on a coin.

Intrinsic Value

Current market value of a coin based on its metallic content. For a coin struck on precious metals, this is the same as its bullion value.