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The "dots" around the inside of the circumference of the coin are referred to as "beading". Depending on the coin and the country of origin, there may be small bars or small arches or other design features instead of dots.

The are mostly ornamental and also make the coin that little more difficult to counterfeit.

There is currently a trend away from these little embellishments on the latest British Coins.

In fact, most British coins, up to but not including the rather ghastly issue of 2008 onwards had teeth in the border after 1860 rather than beads, sometimes referred to as denticles, with 1953 being an exception to this rule.

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Q: Why do British coins have dots around them?
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