Indian Penal Code, 1860
230.
"Coin" defined
124 [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- 125[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 nay 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, in as much as they are not intended to be used as money.
(d) The coin
denominated as the Company's rupee is 126[Indian coin].
127 [(c) The "Farukhabad rupee" which was formerly
used as money under the authority of the Government of India is 126[Indian
coin] although it is no longer so used].