We aren't reinventing the wheel here, these definitions are the worldwide standard and are usually interpreted similarly no matter where you are in the world. Remember that just because your idea/example/opinion makes sense in your region it could possibly be taken as something different in a different part of the world. This is why we need to use the official terminology/definitions as they are.
From the above, a Physical Bitcoin is anything that you can hold in your hand consisting of any sort of material that also has a form of Bitcoin on it, mainly either a public/private key that relate to the Bitcoin blockchain.
A Physical Bitcoin Coin would then be something with metallic properties that is exchangeable/has value to other people. The only part that may be debatable here is whether or not you could compare/swap a coin creator/company in place of a governmental authority issuing the coins. Bitcoin continues to push the boundaries of the financial/technology world and governments are dragging their feet hoping it just goes away rather than adopt. The argument can be made that because bitcoin is worldwide and not government bound that we could overlook that part of the definition as in the future it could possibly change.
An interesting quote when searching for What is the difference between a coin and a round?:
"Coins are legal tender. They're authorized by governments and have a face value.
Rounds are simply coined pieces of metal minted by private manufacturers. They do not have any face value and are not legal tender."
Therefore the only debate we should be having is whether or not we can claim physical bitcoins such as Casascius/Denarium/BTCC/Lealana/etc can be talked about as coins or if we need to start referring to them as rounds.
Lastly we add other words to explain whether or not a physical bitcoin has actual bitcoin on it or not.
Loaded, Funded, Buyer Funded*, Unpeeled, Intact, Newly Minted all indicate that the coin/round has some sort of private key that has been included usually underneath a tamper proof hologram and is currently still intact and the bitcoin available.
Unloaded, Empty, Unfunded, Buyer Funded*, Peeled, Swept, Breached all indicate that the coin/round used to have bitcoin on it but that the private key/hologram have been exposed by the current/previous owner. In the case of a breach it means that the private key had been kept by the coin creator and effectively stolen/compromised.
*Buyer Funded coins have been shown to be on both sides of the chart as it is up to the owner/previous owners whether they decide to use the public/private key combo that was secured underneath the tamper proof hologram by the coin creator.
Edit to add definition of
Token:
a) a piece resembling a coin issued as money by some person or body other than a de jure government
I would say that all our physical bitcoins could be classified as tokens. We use "coin" and "round" to explain shape as it is more common in our everyday lives to say something round and metal is a coin. Definition wise I think token is what should actually be being used but I don't personally think it sounds as professional/desired as the word coin.
Highly esteemed TeeGumes!...only from a well established collector veteran like you. Thankyou.
Your input is always welcome indeed.
While I am not trying to reinvent the wheel, I am trying to find how others perceive a physical Bitcoin.
Thru my many years as a collector on this forum and outside I have seen the word Physical Bitcoin used to broadly.
I can understand it coming from people outside of this forum as some are not properly educated in what makes a physical Bitcoin a Physical Bitcoin.
You would be surprised how many colletors use the word for anything with a BTC logo on it, loaded or not.
And no I will still refer to them as coins if loaded with digital BTC, without it I would call them tokens.
So again all feedback is welcome....please keep em coming! Consensus has to be reached so please put in your vote!