Coin Categories with Descriptions.

Discussion in 'Coin Chat' started by Myfourcents, Dec 9, 2010.

  1. Myfourcents

    Myfourcents New Member

    These are descriptions to the categories I publicized on 15-Nov-10

    2. Coins
    2a. Business Coins
    2b. Medallic Coins
    2c. Bullion Coins
    2d. Picturesque Coins
    2e. Fantasy Coins
    2f. Pattern Coins
    2g. Replica Coins
    2h. Novelty Coins

    Business Coins
    Business Coins are the coins that everyone has been seeing and using as money. In other words, business coins are coins issued for everyday circulation and are legal tender by the jurisdictional government, who issued them. Historically, business coins have been either the only money or highly the most primal money; but in the present times, business coins have been only used as smaller amounts of money. Yet, business coins are still well needed, nonetheless. All coins issued for circulation, regardless of any kind of device that they may carry or what shape they may be, are business coins (though the vast majority have been round). Some business coins may also commemorate a person or an event.
    Medallic Coins
    Medallic Coins are coins that although are legal tender by the jurisdictional government who issued them, they are primarily not meant to circulate as money, though they can if desperately needed to be. Medallic coins are issued as an extra revenue generator for the jurisdictional government. Medallic coins always commemorate a person or an event, like most medals, and are always round, like all medals. Due to having both properties of coins and medals in general, medallic coins also act as a strong and sturdy bridge between coins and medals. Medallic coins are also incorrectly deemed as non-circulating commemorative coins.
    Bullion Coins
    Bullion coins are coins that although are legal tender by the jurisdictional government who issued them, they are not meant to circulate as money, though they can if desperately needed to be. Bullion coins are made from a precious metal only, and act for trading purposes, often between different jurisdictional governments, where precious metal is always accepted in return for other goods or services. They carry a denominational value so that a trading government, receiving them, can easily calculate the monetary amount for the trade exchange.
    Picturesque Coins
    Picturesque coins are coins that although are legal tender by the jurisdictional government who issued them, they are not meant to circulate as money, though they can if desperately needed to be. First appearing in very recent times, the primary role of picturesque coins is simply to be a miniature picture of absolutely anything. Picturesque coins can be round, but also of any shape, even irregular; and can appear like anything else in the universe. They can also either be colored, partially colored, or not colored at all. Some picturesque coins are also incorrectly deemed as commemorative coins.
    Fantasy Coins
    Fantasy coins are privately created coins, serving to further entice the imagination of anyone who is fond of any particular fictional universe. Though they are not legal-tender coins in the real world, they are considered to be legal-tender coins in any particular fictional world; and they are always business coins in the fictional world. Fantasy coins can either resemble current or historical business coins in the real world, or they can be of any particular shape or appearance, like picturesque coins in the real world. Fantasy coins that have unique appearances can be quite intriguing too. Fantasy coins in general are usually available for fans of widely-recognized fictional universes; but always need official licensing too.
    Pattern Coins
    Pattern coins are simply business coins “that never made it”. Pattern coins are rejected trial coins for they were trial coins, attempting to become business coins, but were rejected by other trial coins, which were successful in becoming business coins. Pattern coins are often melted down, and sometimes is always the case; but in other cases, some are saved; and they are always distinct in terms of always being not common in general. Pattern coins always carry devices that are much different from the successful business coins that defeated them to issue and circulation.
    Replica Coins
    Replica coins are simply just copies (replicas) of actual coins. Replica coins can be replicas of business coins, medallic coins, and even pattern coins. Replica coins can come in two varieties: harmless copies or harmful counterfeits. Harmless-copy replica coins are meant to be copies to be observed or studied, should the actual coins be too expensive to obtain, and they are often marked as a copy as well. Harmful-counterfeit replica coins are meant to deceive. Illegal and immoral, counterfeit coins have been passed as actual business coins to allow thievery. These must always be monitored and stopped when seen.
    Novelty Coins
    Novelty coins are privately altered coins. Novelty coins are produced from business coins to also carry a new distinctive feature from the private institution that had placed it; and this new distinctive feature can be either another device, or a (or another) coloring, or even metallic plating. This new feature from the private institution is what makes adds the “novelty” to a business coin, hence a novelty coin. Some novelty coins can be very artistic, like picturesque coins, or can resemble valuable bullion coins. Novelty coins can either circulate or not, depending on the payee in business.
     

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