Coin and medallion scrap consists of old, damaged, or obsolete coins and commemorative medals made of precious metals such as gold, silver, or platinum. These items are melted and refined to recover their valuable metal content. The reclaimed metals are then processed to high-purity standards for reuse in minting, jewelry, or industrial production. Recycling such materials not only helps preserve natural resources but also reduces the need for new metal extraction. It provides an efficient and eco-friendly way to reclaim value from outdated items.