Coins are standardized, durable, and portable physical forms of money, often made of metal, that are used as a medium of exchange or legal tender. Currencies, which coins can be a part of, are systems of money in common use within a specific region or country.
Physical Form:
Coins are tangible objects, typically round and flat, made from materials like metal.
Medium of Exchange:
They facilitate the exchange of goods and services, serving as a widely accepted form of payment.
Standardization:
Coins are produced with a specific weight and composition, ensuring their value is relatively consistent and easily recognized.
Government Issued:
Most coins are issued by governments and bear specific markings or images representing the issuing authority.
Historical Significance:
Coins have a long history, dating back thousands of years, and their design often reflects cultural or historical events.
