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Medals
Medals are commemorative metal pieces that are struck on the occasion of a wide variety of events. The following attributes fundamentally distinguish medals from coins:| Distinguishing attributes | Coins |
Medals |
| Face value |
yes |
no |
| Legal tender |
yes |
no |
| Issuer |
the government |
primarily private institutions |
| Metals |
classic coinage metals, gold and silver |
gold, silver, bronze, base metals, silver or gold-plated |
| Secondary market available |
yes |
limited |