(Redirected from Coinage metal)
A 'Group 11 element' is one in the
series of
elements in
group 11 (
IUPAC style) in the
periodic table, consisting of
transition metals which are the traditional coinage metals of
copper ('Cu'),
silver ('Ag'), and
gold ('Au'). They are also known as the "'
noble metals'." The name "'coinage metals'" is not recognized by the
International Union of Pure and Applied Chemistry (IUPAC), and can be somewhat misleading as further elements are added to the table. In addition, various nations have used probably dozens of metals (including
stainless steel,
lead, and
zinc) in coins. The short-lived
transactinide roentgenium ('Rg') (which, with a
half-life of 3.6 seconds, is hardly good material for making coins) is also a member of Group 11.
| >Explanation of right side periodic table slice: | Transition metals | atomic numbers in black are solids | solid borders are older than the Earth (Primordial elements) | dashed borders have no isotopes older than the earth |
They are all relatively inert,
corrosion-resistant
metals which have been used for minting
coins, hence their name. Many metals form colored compounds, such as
iron pyrite, and many metals have a colored sheen, but apart from
caesium, which also has 1 6s-electron, similar to gold, only gold and copper are colored.
These metals, especially silver, have unusual properties that make them essential for industrial applications outside of their monetary or decorative value. They are all excellent
conductors of
electricity. The most conductive of all metals are silver, copper and gold in that order. Silver is also the most thermally conductive element, and the most light reflecting element. Silver also has the unusual property that the tarnish that forms on silver is still highly electrically conductive.
Copper is used extensively in electrical wiring and circuitry. Gold contacts are sometimes found in precision equipment for their ability to remain corrosion-free. Silver is used widely in mission-critical applications as electrical contacts, and is also used in
photography (because
silver nitrate reverts to metal on exposure to light),
agriculture,
medicine,
audiophile and scientific applications.
Gold, silver, and copper are quite soft metals and so are easily damaged in daily use as coins. Precious metal may also be easily abraded and worn away through use. In their
numismatic functions these metals must be
alloyed with other metals to afford coins greater durability. The alloying with other metals makes the resulting coins harder, less likely to become deformed and more resistant to wear.
'Gold coins:'
Gold coins are typically produced as either 90% gold (e.g. with pre-1933 US coins), or 22
carat (92%) gold (e.g. current
collectible coins and
Krugerrands), with copper and silver making up the remaining weight in each case. Bullion gold coins are being produced with up to 99.999% gold (in the
Canadian Gold Maple Leaf series).
'Silver coins:'
Silver coins are typically produced as either 90% silver - in the case of pre 1965 US minted coins (which were circulated in many countries), or
sterling silver (92.5%) coins for pre-1967 British Commonwealth and other silver coinage, with copper making up the remaining weight in each case.
'Copper coins:' Copper coins are often of quite high purity, around 97%, and are usually alloyed with small amounts of
zinc and
tin.
The rise of
fiat currency has caused the
face value of coins to fall below the hard currency value of the historically used metals. This had led to most modern coins being made of
base metals - Cupro-
nickel (around 80:20, silver in color) is popular as are nickel-
brass (copper (75), nickel (5) and zinc (20), gold in color),
manganese-brass (copper, zinc, manganese, and nickel),
bronze, or simple plated
steel.