Cryptocurrency Q&A Are commemorative coins real money?

Are commemorative coins real money?

SakuraTide SakuraTide Sun Oct 27 2024 | 7 answers 1983
I have a commemorative coin and I'm wondering if it's considered real money. Can it be used for transactions or is it just a collector's item? Are commemorative coins real money?

7 answers

DigitalDukedom DigitalDukedom Tue Oct 29 2024
Congress has the authority to authorize the issuance of commemorative coins.

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Stefano Stefano Tue Oct 29 2024
These coins are designed to celebrate and honor various aspects of American life.

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CryptoVanguard CryptoVanguard Tue Oct 29 2024
They can commemorate important people, significant places, historical events, and esteemed institutions.

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InfinityVoyager InfinityVoyager Mon Oct 28 2024
Despite their legal tender status, these coins are not intended for general circulation.

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Martina Martina Mon Oct 28 2024
Their mintage is limited, often to meet the demand of collectors and enthusiasts.

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