| Coins are generally hard round pieces of metal that | | | | of coins ,metals and alloys of all kinds are used for |
| are used as currency and have ben used this way for | | | | minting coins , earlier valuable metals like gold silver and |
| centuries together. Coins are issued by the banks or | | | | platinum were used which then became collectors item |
| Government . Coins are used for day to day | | | | or Bullion coins ,for currency the use of copper came |
| circulation in daily life. Lower denomination are in form | | | | into practice this too at some point when the metal |
| of coins where as higher denominations are issued in | | | | value of copper increased had to be ceased after |
| form of bank notes . | | | | copper Nickel was very popular for small coins of cent |
| The gross value of the metal used in coins is much | | | | and quarter .Nowadays steel is used practically for all |
| lower than the face value of the coin. | | | | the coins ,though plating and coloring of different kinds |
| Exception to the currency coins are the Bullion coins | | | | are given to create differentiation among the coins. |
| ,coins made out of precious metal like gold silver and | | | | There are many types of coins |
| platinum. These coins are not used for currency, gold | | | | Currency coins are the ones used for day to day |
| coins and silver coins as currency was ceased in 1933 | | | | circulation ,the face value of these coins is the market |
| when the gross value of the coin became higher than | | | | value of the coin ,the gross value of the coin is lower |
| the face value. | | | | than the face value. |
| Gold and Silver coins are not produced only as | | | | Bullion Coins -Gold and Silver coins ,the coin value of |
| souvenirs or as collectors item or for investors. | | | | these coins depends 100%on the market value of the |
| Gold and Silver coins being very valuable are mainly | | | | metal ,a gold coin is priced as per the prevailing rate of |
| produced for coin collectors ,or for investors who | | | | the gold metal .Bullion coins are valued as per the cost |
| purchase these coins to safe guard their savings. | | | | of metal their standard weight as well as their purity. |
| These valuable coins are a good way of liquidating | | | | These coins are no more used In circulation, they are |
| your investments ,in the United States financial planners | | | | used as investors item . |
| are known to advice their clients to put at least 40 % | | | | Rare antique coins |
| of their savings in purchasing these Gold and Silver | | | | These coins are collectors item , the value of these |
| Bullion coins. | | | | coins is determined by the rarity the age the condition |
| Every country mints Gold coins for their investors as | | | | the date of issue the mint mark of the coin . If the |
| well as coin collectors.United Stats mints the American | | | | above criteria's are not met with the coin ,the coin is |
| Gold Eagle.Canada is known to mint the very popular | | | | graded with a low grade and the market value of the |
| Canadian Gold Maple Leaf. | | | | coin is relatively low. |
| South Africa is known to mint the not so popular in | | | | Certain coins have historical significance to their |
| demand the Krugerrand. | | | | presence and such coins whatever be the condition |
| The face value of the U.S Eagle is 10$ ,though In this | | | | are well priced n the collectors market. |
| case the face value makes no difference as the | | | | Coins have been a part of our lives from the 6th |
| gross value of the coin is much more ,the coin in this | | | | century BC ,the first coin was minted by the |
| case is valued as per the prevailing market price of | | | | Mahajanapadas of Indo- Gangetic Plan since then |
| Gold metal. The Canadian Maple Gold leaf also has a | | | | coins are an essential part of lives either in form of |
| nominal face value. | | | | currency or In form of Bullion coins as investment. |
| A great number of metals are used for the production | | | | Coins - go figure - and enjoy! |