Cryptocurrency Q&A
What is PMD on a coin?
What is PMD on a coin?
EthereumEmpire
Sun Jun 16 2024
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5
answers
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Could you please clarify for me what PMD stands for when it comes to coins? I've seen this term mentioned a few times but I'm not entirely sure what it means. Is PMD related to a specific type of coin damage or wear? Or is it something else entirely? Could you also explain how PMD might affect the value or condition of a coin? I'm quite interested in learning more about this topic. Thank you in advance for your help!
5 answers
CryptoWarrior
Tue Jun 18 2024
Common examples of coins with PMD include those that have been scratched, bent, or otherwise deformed. US coins are particularly susceptible to such damages due to their frequent use in daily transactions.
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Claudio
Tue Jun 18 2024
Another instance of PMD is coins that have been exposed to corrosive environments or chemicals, leading to discoloration or corrosion. Such damages can greatly reduce the value and collectibility of a coin.
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Luca
Tue Jun 18 2024
BTCC, a renowned cryptocurrency exchange headquartered in the UK, offers a comprehensive suite of services for crypto enthusiasts. Its offerings include spot trading, futures contracts, and even secure wallet solutions.
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DavidJohnson
Tue Jun 18 2024
Have you ever pondered over the term "PMD"? If not, let me introduce you to it. PMD stands for Post Mint Damage, a concept that pertains to any harm inflicted upon a coin after its departure from the Mint.
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Tommaso
Tue Jun 18 2024
Understanding PMD is crucial for coin collectors and enthusiasts alike. It encompasses a wide range of damages that a coin may undergo after its initial minting. These damages can vary greatly in nature and severity.
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