Wayne, it probably locked up your browser because it's a PDF. Worked fine for me.
Aidan, you're both right, but "medal-coin" is more a laymans term. Most collectors use "NCLT" to distinguish denominated, but non-circulating material from outright medals, which are non-denominated and mainly fall in three categories: art, award or commemorative. NCLT just a product made by mints to generate additional revenue (nb, that's not to say that they're worthless though).
Eric, If you try explaining to an inexperience collector what 'non-circulating legal tender' means,they'd feel confused,as its meaning is very ambiguous.
The term 'medal-coin' is actually a very old one that was popularised by the late Jerome Remick,who wrote a catalogue of British Commonwealth coins in the late 1960's.He indicated the medal-coin listings with '(MC)' to distinguish them from circulation coins.Even Krause used the term 'medal-coin' until around 1984,when the definition 'non-circulating legal tender' was coined (a pun!),& the former fell out of use.The time to revive the term 'medal-coin' generally is long overdue.
Comments
1-Dammit Boy Oct 14,2003
International Coins
"A work in progress"
Wayne
eBay registered name:
Hard_ Search (buyer/bidder, a small time seller)
e-mail: wayne.whatley@gmail.com
That link is correct,as I had cut & pasted it directly from the page's address bar.
Aidan.
1-Dammit Boy Oct 14,2003
International Coins
"A work in progress"
Wayne
eBay registered name:
Hard_ Search (buyer/bidder, a small time seller)
e-mail: wayne.whatley@gmail.com
myEbay
DPOTD 3
You can find the definition of what a medal-coin is here.
Aidan.
Aidan, you're both right, but "medal-coin" is more a laymans term. Most collectors use "NCLT" to distinguish denominated, but non-circulating material from outright medals, which are non-denominated and mainly fall in three categories: art, award or commemorative. NCLT just a product made by mints to generate additional revenue (nb, that's not to say that they're worthless though).
My wantlist & references
If you try explaining to an inexperience collector what 'non-circulating legal tender' means,they'd feel confused,as its meaning is very ambiguous.
The term 'medal-coin' is actually a very old one that was popularised by the late Jerome Remick,who wrote a catalogue of British Commonwealth coins in the late 1960's.He indicated the medal-coin listings with '(MC)' to distinguish them from circulation coins.Even Krause used the term 'medal-coin' until around 1984,when the definition 'non-circulating legal tender' was coined (a pun!),& the former fell out of use.The time to revive the term 'medal-coin' generally is long overdue.
Aidan.