What is coin?

Definition of coin (Entry 2 of 3) transitive verb. 1 a : to make (a coin) especially by stamping : mint. b : to convert (metal) into coins. 2 : create, invent coin a phrase. coin money. : to get rich quickly.

What is the meaning of coinage?

operated by, or containing machines operated by, inserting a coin or coins into a slot: a coin laundry. to make (coinage) by stamping metal: The mint is coining pennies. to convert (metal) into coinage: The mint used to coin gold into dollars. to make; invent; fabricate: to coin an expression.

What is a coin made of?

Coins are usually metal or an alloy, or sometimes made of manmade materials. They are usually disc shaped. Coins made of valuable metal are stored in large quantities as bullion coins. Other coins are used as money in everyday transactions, circulating alongside banknotes. Usually the highest value coin in circulation (excluding bullion coins ...

What are other coins used for?

Other coins are used as money in everyday transactions, circulating alongside banknotes. Usually the highest value coin in circulation (excluding bullion coins) is worth less than the lowest-value note.