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What
are coins??
Coins are usually pieces of
metal in the shape of discs. They're made by the Government,
and traded between people in exchange for goods
and services.Coins are usually used to make up small amounts
of money. When a person has a lot of money, they'll use bank
notes which worth a lot of coins. Every country has different
coins, and they usually have pictures that represent their country
in some way!
Why
do people collect coins?
There are hundreds of coins in the world, all with different
values. People who collect coins don't usually plan on using
them to buy things like they were designed for, instead trying to get their
hands on as many different coins as possible! Some coins are rare
and hard to find, so a collector would consider these coins
to be more valuable. For example,
a coin collector might buy a special 50c coin
for $10!
How
are coins made?
Coins begin their life
in the 'Mint'.
No, it's not a lollie, the Mint is a large building where people design
coins and use machines
to produce coins. They also produce bank notes. It's important to make sure
that it doesn't cost the Government
more to make the coin than the value it receives, so the Mint uses inexpensive
and common metals such as copper and nickle
to make coins that aren't worth very much! The Mint takes great care to make
their coins difficult to reproduce,
so that other people can't just make their own coins and be rich!