Concept in Definition ABC

The coin It is an element that is used all over the world as measure of change, of money to buy objects, products, among others; It is made of ultra resistant materials such as the metal, silver or gold, has a round shape and is minted with various motifs and badges that prove its exchange value and that will be chosen by a authority competent.

In the early days of the civilization Human barter was used to obtain or acquire products, which were precisely exchanged for other similes or that had the same value for the counterpart. On the other hand, they also knew how to use plates and ingots as means of payment for goods, however, they turned out to be very uncomfortable when moving due to the great weight they had.
In the long run, the different systems ended up showing complications and deficiencies and then it was necessary the appearance of other options, such as currency, which was finally the one that prevailed after adopting a convention on Format and size.
The currencies knew how to install a monetary system that lasts to this day.

The first coins you have record were manufactured in Turkey, between 680 and 550 B.C., although it is believed that thousands of years before, in 5,000, there were coins in the area of China.

The assessment of the currency throughout history was fantastic and by case it is that there were them of the most diverse forms and reasons, even some have received the denomination of the governors of turn.

Likewise, the currency is called legal tender of a nation that allows the acquisition of goods or, failing that, to be used for hoarding. It should be noted that by extension the currency will also be called legal tender in a country. Do not look at me since I can not put money for the gift because I do not have a coin.

There is a science that deals with the study of coins and their history: numismatics.

The minting of coins is carried out in a institution which is known as the Mint.