Glossary - Numismatic definitions - Coins and UK

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Numismatic definitions

Like most fields of expertise, numismatics has its own lingo. Find the numismatic definition of a term by entering it in the field below.

Cut Money

Coins cut into smaller pieces to provide correspondingly smaller denominations. The cross on many medieval coins assisted the division of silver pennies into halfpence and farthings. Spanish dollars were frequently divided into bits which themselves became units of currency in America and the West Indies.

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