Non-Circulating Commemoratives?

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Dieses Thema wurde im Forum Englisch veröffentlicht

Why Indian base metal coins are under NCC? Shouldn't only silver and gold coins be NCC?

The majority are made from precious metal composition (84%) but composition is not a requirement.  A good example:  N#83828

Then what determines a NCC coin?

Definition does.  Coins issued by a government with collection or investment purpose, including non-circulating legal tender coins (NCLT). They were not intended for circulation. The coins are denominated in a currency which has some circulating coins or banknotes.

 

I do take issue with some of the so-called NCCs.  See my post here:  https://en.numista.com/forum/topic146084.html

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