Now, I've seen plenty of people make rings from coins, it's even what got me into coin collecting; I was looking for silver quarters (US) when I realized that many coins are more than just low value currency, though some are, plenty are not.
Anyway, I've seen two methods for making coin rings: using a hammer or spoon to thicken the edges (even works on reeded coins) then using a drill and files to remove the inside. It creates a smooth ring, usually with some text inside, though none on the outside.
There's also another method involving drilling a hole into the coin without thickening the edges, then shaping it with a ring mandrel, but it's hard to explain and not really needed to be explained. It does get text on the outside though.
Examples shown below: (none are mine!)
(obtained from
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(obtained from Google images)
My verdict is: they are neat and cool, but shouldn't be made from high value coins. Could be cool heirlooms or meaningful gifts or wedding rings (i feel like whoever you are marrying would love how you made their ring by hand rather than buying from a store, but it's completely your choice!) One could even get a quarter (let's say New York), and turn it into a ring for someone born in New York.
I don't wear jewelry, not even a watch (since it no longer serves a utilitarian purpose). And I'm not an artisan of any kind. But there are centuries (if not millenia) of tradition to the practice, so if that's what floats your boat, go for it.
I like exonumia; I have quite a few coins repurposed for decorative purposes. I have no rings because they are not flat and it is hard to see the original coin details. But that is just a matter of personal preference.
I made one once when I was in the US Army and had a lot of spare time just sitting around. I used the 'spoon technique' with a silver Franklin half dollar and a mess kit utensil. It took a while, and made a lot of noise. But the result was very successful. Eventually it was given to an ex-g/f who I am still in touch with. She is now happily married to someone better suited to her needs, and I have no idea if that long ago symbol of affection still exists. So yeah.. if you want to sacrifice a worn-out coin and have a lot of patience, this tedious process definitely works.
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