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mint·ed
/ˈmin(t)əd/adjective
- 1. flavored or seasoned with mint: "grilled lamb chops with minted potatoes"
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v. t. e. A coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government.
The Coinage Act of 1792 (also known as the Mint Act; officially: An act establishing a mint, and regulating the Coins of the United States ), passed by the United States Congress on April 2, 1792, created the United States dollar as the country's standard unit of money, established the United States Mint, and regulated the coinage of the United ...
The U.S. Mint is one of two U.S. agencies that produce money in the case of minting coinage; the other is the Bureau of Engraving and Printing, which prints paper currency. The first United States Mint was created in Philadelphia in 1792, and soon joined by other centers, whose coins were identified by their own mint marks.
mint roll Newly minted coins wrapped in rolls of a certain quantity, by the mint or issuing authority. mint set A set of uncirculated coins packaged and sold by a mint. Mint State (MS) Another term for uncirculated or fleur de coin, usually used in North America. Conditions range from MS-60 to MS-70. mis-strike An off-centre striking of a coin.
A coin's grade is generally determined by six criteria: strike, preservation, luster, color, attractiveness, and occasionally the country/state in which it was minted. Several grading systems have been developed.
Coins are a major archaeological source of history. Coins convey information about language, administration, religion, economic conditions, and the ruler who minted those coins. Coins were first made of scraps of metal by hitting a hammer positioned over an anvil.
The history of money is the development over time of systems for the exchange, storage, and measurement of wealth. Money is a means of fulfilling these functions indirectly and in general rather than directly, as with barter . Money may take a physical form as in coins and notes, or may exist as a written or electronic account.
The denomination was first authorized by the Coinage Act of 1792 . The dime is the smallest in diameter and is the thinnest of all U.S. coins currently minted for circulation, being 0.705 inches (17.91 millimeters) in diameter and 0.053 in (1.35 mm) in thickness.
A gold coin is a coin that is made mostly or entirely of gold. Most gold coins minted since 1800 are 90–92% gold (22‑ karat ), while most of today's gold bullion coins are pure gold, such as the Britannia, Canadian Maple Leaf, and American Buffalo. Alloyed gold coins, like the American Gold Eagle and South African Krugerrand, are typically ...
The ancient Persians used silver coins between 612–330 BC. Before 1797, British pennies were made of silver. As with all collectible coins, many factors determine the value of a silver coin, such as its rarity, demand, condition and the number originally minted.