Rachel Eardley / Katrin Lucas

Defacing money might seem incongruous with these recession times but these old coins are more collectibles than legal tender, anyway. Besides, it's more like re-facing than defacing when the results look like this! Cut-out coin rings by UK artist Rachel Eardley.

Bonus link:
Coin charm rings by Germany's Katrin Lucas, whose coins are decorated with ancient Greek motifs.

Even more jewellery:

• Mod3rnart (Greece) - silver cutouts


• Jessica de Carlo (Brooklyn) - modern gold


• Megan Fales (Los Angeles) - custom silhouettes


• Michael Niehl (Germany) - blue titanium


• Marion Kane (UK) - twotone flowers