Section 230 of IPC : Section 230: "Coin" defined. Indian coin

Explanation using Example

Example 1:

Ravi finds an old coin in his grandfather's collection. The coin is a "Farrukhabad rupee," which was used as money under the authority of the Government of India many years ago but is no longer in circulation. According to Section 230 of the Indian Penal Code, this "Farrukhabad rupee" is still considered an Indian coin because it was stamped and issued by the Government of India to be used as money, even though it is no longer in use.

Example 2:

Priya is a collector of various metal objects and comes across a lump of unstamped copper that was historically used as a form of barter in a local village. Despite its historical use as a form of money, this lump of unstamped copper is not considered a coin under Section 230 of the Indian Penal Code because it was never stamped and issued by any State or Sovereign Power to be used as money.

Example 3:

Arjun buys a commemorative medal from a local market. The medal is made of metal and has intricate designs, but it was never intended to be used as money. According to Section 230 of the Indian Penal Code, this medal is not considered a coin because it was not stamped and issued by any authority to be used as money.

Example 4:

Sita finds an old "Company's rupee" while cleaning her attic. This coin was issued by the East India Company and was used as money during the British rule in India. Under Section 230 of the Indian Penal Code, the "Company's rupee" is considered an Indian coin because it was stamped and issued by the authority of the Government of India to be used as money.

Example 5:

Manoj discovers a collection of cowries that were historically used as a form of currency in some parts of India. Despite their historical use as a medium of exchange, cowries are not considered coins under Section 230 of the Indian Penal Code because they are not metal stamped and issued by any State or Sovereign Power to be used as money.