IPC 230 — "Coin" defined

Indian Penal Code, 1860

Statutory text

[Coin is metal  used  for  the time being as money, and stamped and issued   by  the authority of some  State or Sovereign Power in order to be so used.]
Indian coin Indian coin--[Indian coin is metal  stamped  and  issued by the authority of the Government of India in order to be used as money; and metal which has been so stamped and issued shall continue to be Indian coin for the purposes of this  Chapter, notwithstanding  that  it  may have ceased to be used as money.]
Illustrations (a) Cowries are not coin.
(b) Lumps of unstamped  copper, though  used  as  money, are not coin.
(c) Medals are not coin, inasmuch as they are not intended to be used as money.
(d) The coin denominated as  the  Company's  rupee  is  3[Indian coin].
(e)The "Farukhabad  rupee",  which   was   formerly   used   as money under the authority of the  Government  of  India,  is
3[Indian coin] although it is no longer so used.]

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