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Word Origin and History for coinage Expand. n. late 14c., currency, money, from Old French coignage, from coignier to coin (see coin (n.)). Meaning act or proces of coining money is from early 15c.; sense deliberate formation of a new word is from 1690s, from a general sense of something invented (c.1600).
Historically, many coinage metals (or alloys) are from the three nonradioactive members of group 11 of the periodic table: copper, silver and gold. However, there are many more, even for coins made from intrinsically precious metals.Precious metals are always used in bullion coins and some collectable coins.he term is not perfectly defined, however, since a number of metals have been used to make demonstration coins which have never been used to make monetized coins for any nation-state, but could be.