What is community currency?

Key Takeaways 1 Community currency is a form of paper scrip issued at the county, town or community level for use at local participating businesses. 2 Its principal goal is to keep capital circulating within the local community. 3 Residents can exchange dollars for community currencies at local bank branches, often at a discount. More items...

What is a commemorative coin?

Commemorative coin. Commemorative coins are coins that were issued to commemorate some particular event or issue. Most world commemorative coins were issued from the 1960s onward, although there are numerous examples of commemorative coins of earlier date. Such coins have a distinct design with reference to the occasion on which they were issued.

How do coins accumulate in the pot?

These coins accumulate as Community awards are given in your subreddit. These can be community awards specific to your subreddit that you have added, OR those provided by reddit, like the Awesome answer award - so you don't need sub specific awards to accumulate coins in the pot.

What were commemorative coins made of before WW2?

Before World War II, commemorative coins were always made of precious metals. The base metal coins were probably not considered appropriate for, or worthy of, honoring the nation or the ruling dynasty. However, during the 20th century, the use of precious metals for circulating currency became increasingly scarce.