THE BENEFITS OF COINS OVER PAPER MONEY

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(Edited)

INTRODUCTION

Nowadays most people do overlooked yhe significance of coins as form of currency, because they all sees paper money or bank notes as the only means of financial exchange. But do you know while some people dont believe in coin no more we still have some individuals who cherished them alot and keep them for reference purposes and for later purposes. Coins has lot of advantages which some individuals doesnt sees but the just want to dance to all ehat is just in town presently and want to forget the ancient days.

But when we come to look at it most people overlooked coins due to the digital world where electronic transactions have dominated everywhere and most individuals only want bank notes or paper money where they can carry them all over without people noticing that they have nothing. But mind you couns has lot of advantages hidden in it. I will try to goo deep in some benefits of coins below.

BENEFIT OF COINS

One of the most primary benefits of coins is that it is durability and it can live for so long than that of paper money or bank notes which it can got tear or wet when dip into water and which may make you looses them but if youre with coin it doesn't get wet rather you can use the opportunity to clean it with water because it is made up of metal such as copper, nickel, and zinc alloys which makes it highly resistant to wear or tear. And not only getting tear or wear aline but it can be kept anywhere without thinking about the weather of where it is and do you know when you have all this rat they can surely damaged your bank notes or paper money but couns is no go area for them.

Secondly, coins have future value for those who knows this they will surely understand what im saying and thats the main reason why i am up to this writing, because some weeks ago one of my friends came to me seeking for coins in exchange for huge of money an i was like wow, why are you so eager for just ordinary coins, and he replied that its has lot of value than im thinking which means the manufacture of coins due yo its natural resources made it more valuable than paper money or bank note.

It can be somehow low in denomination to you but when you come to check it after they can rebrand it to anything with it's raw material like copper, zinc alloys, nuckel which are totally raw in nature and mostly people doesn't really realize this but some individuals are now getting go understand that and thats why they keep searching for it. And moreso coins offer a cost-effective solution for small value transactions.

Additionally, coin has a longer lifespan, which means they can be use repeatedly without incurring significant expenses. And coin has different shape in size due to its denomination which helps those who are having maybe visual issues to identify it and helping them in lot of ways. Furthermore, counterfeit coins are relatively rare, as their production requires specific knowledge, equipment and materials and this makes coins a trusted and reliable form of currency in terms of authenticity.

In addition, coin often carries symbolic and historical significance, representing a nation's culture, heritage and identity and those design and engrave on coins makes its to showcase ghe important of landmarks, historical figures, or cultural symbols which always create a very reasonable history to the nation's or country history. As I've said earlier accumulating coins has been an hobby to some of individuals.

CONCLUSION

In conclusion, while paper money or bank notes remain the dominant form of currency, coins offer several notable advantages that can contribute to the progress of the nation and also contribute to their enduring relevance, and moreso the durability of the coins make it more advantageous over bank notes or paper money. I want you to know that no matter how we navigate to digital world, its important to also recognise the unique benefits of coins as well.

Thanks for stopping by my post

**
ALL THE IMAGE USE IN THIS POST IS ORIGINAL AND IT'S TAKEN BY ME **



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14 comments
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Bang, I did it again... I just rehived your post!
Week 172 of my contest just started...you can now check the winners of the previous week!
!PIZZA
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I am a collector of coins, and often many older low denomination coins have a commodity value above their stated value, copper pennies are more than double the comodity value. See Coinflation https://www.coinflation.com/silver_coin_values.html

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Yes and that's right

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There's a thrill when I get to hold a genuine One ounce gold coin or a tube of 25 silver bullion coins like these.

They may have a $5 CAD face value they are currently worth $32CAD each in silver.

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That's the logic but some doesn't know that

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Hello @happ411 ! I am happy to see you here!!!
Yes, coins are of enduring value. The modern circulating coins of the US is just interesting, I can't help but be amazed on the minting processes.
Of special interest to me are old and modern gold and silver coins.
In fact, I just showed 1.10 oz gold coins. Check my blog out!

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Yes, you always inspire me more in your post that's why I check out my coin box to write this up as well.... Thanks so much for checking out on my post

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Coins are the way to go all the way! I love older coins just for their character and of course value. I'm to see your first post with us!
!DHEDGE

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Yes they always have a future values and yes this is my first post in the community and I wish I can come up with some more posts soon.... Thanks so much

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