classification of coins

Coins are classified based on their metal composition and usage. Common types include standard circulation coins, made from alloys like copper, nickel, or zinc for durability and affordability. Collector or commemorative coins are often made from precious metals like gold, silver, or platinum and may be limited editions. Some coins are designated as bullion, valued primarily for their metal content. Additionally, coins can be categorized by denomination, country of origin, and whether they are intended for everyday transactions or collection. This classification helps distinguish coins for functional use, investment, or collection purposes.