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Author
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Topic: Definition: Coin vs. medal, medallion, et al
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SkyMan1958 Member Posts: 867 From: CA. Registered: Jan 2011
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posted 02-10-2011 08:53 PM
One thing I notice on this (and other) boards is that many people do not realize the difference between coins and medals/medallions etc. and use the terms interchangeably. Coins and medals/medallions can look almost the same, but there is a BIG legal difference: - Coins are issued by a government and have a denomination, e.g. 25ยข for a quarter etc. They are money.
- Medals/medallions have no denomination. They are not money.
There are lots of flown medals/medallions out there. There are relatively few flown coins. | |
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Ultimate Bulletin Board 5.47a
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