Coin Tips
A coin is a minted hard material manufactured usually manufactured by government. Coins have a varying value, which is usually, but not always, connected to the value of the materials contained within. Coins, although with many uses, most often are used in a monetary system to serve as a unit of value. Non-monetary coins can have different purposes such as commemoration of an event, or a person, and are generally not issued by government.

Lydia electrum coin. Oldest coin in the world.
The history of coins is a long one. It is thought coins originated separately in ancient Greece, India, and China although contact and trade between the regions may have shared ideas to formulate currencies. The earliest coin believed to be found originated from the area of Lydia and was minted from electrum, a natural alloy of gold and silver. It is estimated to have been minted in 600 BC.

Coins have always played an important role in development of society. In the ancient times, money was created in the form of coins minted from precious metals such as gold and silver. These coins could be used to exchange goods, since the underlying metal held value. Other precious gems, materials, and resources could also be used as a unit of stored value and traded for goods, services, and debt repayments.

In modern monetary systems, most money with physical value has been substituted by paper or coin currency instruments backed by government trust. Precious metal coins are still produced by world mints, however; these coins have a different circulation face value then their market value of gold, differing from the past. In reality these coins modern precious metal coins trade at a market value of their underlying metal.

Since coins have been used and traded throughout history, many old coins still remain. There rarity and antiquity attract collectors. These coins generally trade well above their physical value and are collected and sold by specialty coin dealers.

Innovation is still prevalent in the making of coins. Minting processes now have been perfected to obtain pure bullion coins with a pureness up to 99.999%, holographic coin surfaces, alloys, and shapes.

Check out our precious metal coin catalog!

Tonga Palladium Hau
Swiss Vreneli
Russian Chervonets
Palladium Maple Leaf
Mexican Gold Libertad
Mexican Silver Libertad
Gold Dinar
Chinese Silver Panda
Chinese Panda
Canadian Silver Maple Leaf
Canadian Platinum Maple Leaf
British Silver Britannia
British Britannia
Austrian Silver Vienna Philharmonic
Austrian Philharmonic
Australian Silver Kookaburra
Australian Silver Kangaroo
Australian Platinum Koala
American Silver Eagle
American Platinum Eagle
American Gold Eagle Coin
Canadian Gold Maple Leaf
South African Gold Krugerrand

Read more about Gold, Silver, Platinum, Palladium, Coins or Mints

Buy gold, silver, platinum, palladium and other precious metals at JM Bullion.

Be sure not to miss the 9 Substances That Only Exist in Sci-Fi

Gold Price

Silver Price