Circulation issue

A circulation issue[1] or circulation coin,[2] sometimes called a business strike (US), is a coin minted and issued for commerce as opposed to those made as commemorative coins and proof coins. Circulation issue coins are normally produced in relatively large numbers, and are primarily meant to be used as pocket change, not collected. But after their withdrawal from circulation, these coins are highly valued by collectors, especially coins of high quality and without traces of use in trade. Preserved circulation coins are one of the primary sources by which scientists reconstruct the culture, history, and society of the time in which they were used.

Even though special collector coins, such as proof coinage, are produced in smaller numbers, the circulation issue coins are sometimes more valuable in high grade than their proof counterparts. This is because whereas proof coins are almost always carefully preserved by their owners, circulation issue usually are not.

  1. ^ Coins of England and Great Britain at coins-of-the-uk.co.uk. Retrieved 22 May 2022.
  2. ^ _ (1988). The American Coin Redesign Act, Volume 4, by United States Congress Senate Committee on Banking, Housing, and Urban Affairs.