Coinage

Coinage refers to the process by which a government or authority creates and issues physical currency, such as coins, for use in the economy. It involves designing, minting, and distributing metal coins that serve as legal tender for transactions. Throughout history, different societies have used coinage to facilitate trade, store value, and establish economic stability. Modern coinage is typically managed by a country’s central bank or mint, ensuring the coins are standardized, secure, and trusted as a medium of exchange.