Currency money
 | You can help expand this article with text translated from the corresponding article in German. Click [show] for important translation instructions.
|
A currency coin is a coin in full circulation that takes its value from the precious metal it contains, that is, their market value is (almost) the value of the metal it contains (apart from the Seigniorage or the minters' profit), though this is always overcompensated for via coins and banknotes from a country undergoing debasement. These are usually silver and gold, but in very rare cases plated metal and even copper. Currency coins were commodity money, as opposed to coins, paper and paper money, which were fiat money.
 | This coin-related article is a stub. You can help Wikipedia by expanding it. |