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<p>[QUOTE="GDJMSP, post: 3111873, member: 112"]The legal definition of a coin is rather simple:</p><p><i>COIN -A piece of gold, silver or other metal stamped by authority of the government, in order to determine its value, commonly called money.</i></p><p><br /></p><p>As I said, it's rather simple but it says a lot. For our purposes, the primary requirement is found in the "in order to determine its value" portion of the definition. What that means is that in order to even be a coin its value must be identifiable. It must also be identifiable as having been issued by the govt. And it must be capable of being recognized by sight as money. </p><p><br /></p><p>The item in this thread meets none of those requirements, not one.</p><p><br /></p><p>My personal definition of a coin is even simpler. Since a coin is money, you must be able to spend it, otherwise it is not a coin. And the item in this thread most definitely does not meet that definition either. And neither do any of the other items I listed in my previous post.</p><p><br /></p><p>As for your assertation that it was released into circulation and thus it is a coin, doesn't hold water. It was released by mistake, if the mint had caught it, it never would have been released - as a coin. Thus it is not a coin. </p><p><br /></p><p>Now you and others obviously disagree but that's because you consciously choose to use your own definitions rather than those defined by law and accepted as such because it suits your purposes to do so.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3111873, member: 112"]The legal definition of a coin is rather simple: [I]COIN -A piece of gold, silver or other metal stamped by authority of the government, in order to determine its value, commonly called money.[/I] As I said, it's rather simple but it says a lot. For our purposes, the primary requirement is found in the "in order to determine its value" portion of the definition. What that means is that in order to even be a coin its value must be identifiable. It must also be identifiable as having been issued by the govt. And it must be capable of being recognized by sight as money. The item in this thread meets none of those requirements, not one. My personal definition of a coin is even simpler. Since a coin is money, you must be able to spend it, otherwise it is not a coin. And the item in this thread most definitely does not meet that definition either. And neither do any of the other items I listed in my previous post. As for your assertation that it was released into circulation and thus it is a coin, doesn't hold water. It was released by mistake, if the mint had caught it, it never would have been released - as a coin. Thus it is not a coin. Now you and others obviously disagree but that's because you consciously choose to use your own definitions rather than those defined by law and accepted as such because it suits your purposes to do so.[/QUOTE]
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