Hello everyone. I have a question - there are silver coins from 1950 to 1990. How to distinguish non-circulating coins from commemorative ones and those for circulation, for example, 250 prutah of Israel, 1949 or 1956 Colombia - 1 peso, or Luxembourg 1963-64? + should those sold in sets be considered coins for circulation - Virgin Islands, for example - thanks in advance to all.
My definition of a circulation coin is: given out at face value, produced in high numbers and is considered money by the issuer, this remove any set, numismatic product and coins with way higher metal value then nominal at the time of issue.
A more strict one would be only the stuff you get in your change, but then this could also include proof issues etc. that were broken out of sets for spending. So both are no perfect.
My definition of a circulation coin is: given out at face value, produced in high numbers and is considered money by the issuer, this remove any set, numismatic product and coins with way higher metal value then nominal at the time of issue.
A more strict one would be only the stuff you get in your change, but then this could also include proof issues etc. that were broken out of sets for spending. So both are no perfect.
And, for example, silver coins from British Virgin Islands in sets - are they circulating or commemorative, also same question about Sa-Marino 500 lire 1981
