Cryptocurrency Q&A Why are punched coins called so?

Why are punched coins called so?

mia_rose_painter mia_rose_painter Tue Nov 19 2024 | 7 answers 1708
I've always wondered why punched coins are called that way. Is it because of the way they're made or some other reason? I'd like to understand the origin of this name. Why are punched coins called so?

7 answers

EnchantedDreams EnchantedDreams Wed Nov 20 2024
The metals commonly used for punch-marked coins were silver and copper.

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Martina Martina Wed Nov 20 2024
Punch-marked coins represent the earliest form of currency in history.

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SakuraBlooming SakuraBlooming Wed Nov 20 2024
Their usage spans a significant duration of approximately 500 years.

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Nicola Nicola Wed Nov 20 2024
The process involved carefully punching designs onto the metal pieces.

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MysterylitRapture MysterylitRapture Wed Nov 20 2024
These designs often served as identifiers or symbols.

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