In the last hundred years, the face value of circulation coins has occasionally been lower than the value of the metal they contain, for example due to inflation. Usually the highest value coin in circulation (excluding bullion coins) is worth less than the lowest-value note. Other coins are used as money in everyday transactions, circulating alongside banknotes. Coins made of valuable metal are stored in large quantities as bullion coins. The obverse of a coin is commonly called heads, because it often depicts the head of a prominent person, and the reverse tails.Ĭoins are usually made of metal or an alloy, or sometimes of manmade materials. In this usage, obverse means the front face of the object and reverse means the back face. Obverse and its opposite, reverse, refer to the two flat faces of coins and medals.
Coins often have images, numerals, or text on them. They are most often issued by a government.
They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade.
A coin is a small, flat, (usually, depending on the country or value) round piece of metal or plastic used primarily as a medium of exchange or legal tender.
0 kommentar(er)
