What is a Coin?
A coin is a small, flat, round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. Coins are most often issued by a government. The face of the coin typically displays an image or symbol representing national pride, along with the year of issue and the name of the issuing country.
The word “coin” has its origins in the Latin term “cuneus” which means wedge. This was because early coins were made from precious metals such as gold and silver that were stamped into shape using dies with wedge-shaped impressions.
Coins have been used for centuries as currency, but they also serve other purposes. For example, some coins may be commemorative issues created to celebrate important events or people. Others may be collector items that are not intended to circulate as currency.
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