huli fei

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Joined October 2022

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huli fei

October 29, 2022 5:44 pm

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October 29, 2022

The "duty" of coins is to act as a circulation intermediary. However, with the need for collection and investment, some coins for other purposes have been derived. Although there may be different classifications for coins. However, from the perspective of collection needs, classification according to the purpose of issuance should be the most essential and basic method, which can be divided into:

Currency

This is the original coin, which was issued for "circulation". Sovereign issuers are put on the market at face value and circulated at face value in exchange. The currency is made of ordinary metal or precious metal; Unlimited circulation, generally large; The issuing years can be intermittent or continuous; Coins of the same denomination and design have different dates of issue. According to its actual use, it can also be divided into "withdrawn from circulation" and "in circulation".

Collection currency

The purpose of collecting coins is not to serve the "circulation", but to serve the "collection" of coins, which are usually sold by sovereign issuers at a price higher or far higher than the face value. It does not serve as the general equivalent in commodity exchange, but can be circulated in the market as a collection (commodity).