ASSESSMENT OF THE STRENGTH AND COIN VALUES OF SOME SELECTED NIGERIA METALLIC COINS
Wuritka, Enoch Gotring
Department of Industrial Design
Abubakar Tafawa Balewa University, Bauchi.
Email- wuritka.enoch@yahoo.co.uk
ABSTRACT
The purpose of the
study was to provide assess a complete guide, via slating the criteria to be
use as guide for authorities that guarantee coin contents. This material is
specially written for guidance leading to standard coin design. The rigorous
assessment was undertaken to demonstrate
integral reasons for the rejection of the Nigerian coins by her collectors,
following the issuance of the 50 Kobo 1 Naira and 2 Naira coins on the 28th
February 2007 by the Central bank of Nigeria. This research work goes through
all the criteria, necessary to pin point the major factors accompanying the
coins’ present status. Considerably, the qualities and strength of a coin
determines its face-value that determines its gross-value, and the magnitude of
the gap between the two values, determines its standard. This reason has
attracted a number of tests to accomplish this research for proper
comprehension of the rejection. Qualitative analysis test, metallographic
tests, strength calculation; design analysis, durability test (corrosion test),
coin valuation and the immediate assessment of responses to interviews, are
well known to those acquainted to coin design activities. Several finding the
coin rejection was known to be encouraged by the banking industry as well as
the sub-standard ness of the coins, with the exception of the 50 Kobo coin
which was ailed to pass all tests carried out.