Interesting Questions, Facts and Information
- There are a total of 20 general entries.
Interesting Questions, Facts, and Information
U.S. Coins & Banknotes
New Orleans. The New Orleans mint had an "O."
Charlotte had a "C."
Annapolis never was a mint.
Carson City has a "CC."
LaFayette Dollar. The McKinley Dollar was struck after the LaFayette Dollar (also it was made out of gold.)
The Isabella Quarter was struck in 1893, but it was a quarter.
The Pilgrim is a popular half dollar.
The value of the gold in the coins was greater than its face value. Consequently, most were melted by members of the public.. Congress unintentionally ensured the destruction of most gold coins when they tried to make the coin's intrinsic value equal to its face value. A couple years later, the value of gold had risen--making the gold in the coin worth more than its face value. Most of the coins that were minted were immediately shipped overseas and melted. Upwards of 95% of the total mintage for some dates may have been melted. In 1837, Congress readjusted the value, and the problem was fixed.
Trade Dollar. The trade dollar was intended for trade in the Orient to compete with European dollar-sized silver coins. When the world price of silver dropped, Congress repealed the law authorizing them and devalued them.
|Time for an easier one. In 1965, the mint debased the silver coinage and replaced them with copper-nickel coinage. On which denomination was the change not fully completed until 1971?||Do You Know US Coins?
Half Dollar. The half dollar between 1965 and 1970, are called 40%'ers in the bullion market in reference to their lower silver content as compared to the earlier 90%.
|Both early Buffalo Nickels and early Standing Liberty Quarters are hard to find because?||Do You Know US Coins?
The dates were placed high on the design, causing them to be worn off.. Both Buffalo Nickels and early Standing Liberty Quarters suffer from their date wearing off. In 1925 halfway through its mintage, the Standing Liberty Quarter was redesigned with a lower date. Even now, many of these coins are seen as "no daters." The high number of the early coins being unidentifiable has caused some of the early dates to be quite scarce.
8. Charlotte, N.C. (1838-1861); Carson City, NV (1870-1893); Dahlonega, GA (1838-1861); Denver, CO (1906-date); New Orleans, LA (1838-1909); Philadelphia, PA (1793-date); San Francisco, CA (1854-date); West Point (1984-date).
1849. The mint struck two pattern double eagles before it began regular production of this coin in 1850. Of the two patterns, one is lost and the other one is one of the feature exhibits in the Smithsonian in Washington. A must see if you are ever there.
|An eagle has been featured on the reverse of many US coins. Which type of regular issue quarter was the first to NOT have an eagle on the reverse?||Do You Know US Coins?
Bicentennial Quarter. In 1976, the US mint struck a quarter to commemorate the 200th anniversary of our country. It was the first time that an eagle was not the main device on the reverse of the quarter.
Numismatist. A numismatist is one who collects coins, a philatelist collects stamps, and a ventriloquist is one who talks without moving his/her mouth. A vecturist collects subway tokens.
John F. Kennedy. JFK appears on the half-dollar, George Washington on the quarter, Susan B. Anthony on some dollar coins, and Thomas Jefferson on the nickel.
Quarter. In the early days of U.S. money, the main coin was the Spanish dollar, which was sometimes cut (like a pie) into eight "bits". Each bit was worth 12 1/2 cents. Therefore, the American quarter dollar is said to be worth "two bits".
One-cent piece. "One-cent" piece is the actually the correct term, but even US government documents sometimes use the term "penny" because it is the most widespread.
|About how long do coins last when they are in regular use?||US Coins #1
25 years. Circulating coins last about 25 years. Paper bills, however, last an average of only 18 months.
|What is the main metal used in making pennies?||US Coins #1
Zinc. During the last 500 years, there have been six different recipes for making pennies. The first ones were large coins and made of pure copper. Today's pennies are mostly zinc, though they are plated with copper.