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Why Are There Notches On Coins?

By
Real Estate Agent with Century 21 Harris & Taylor

Why Are There Notches On CoinsHave you ever wondered why dimes, quarters and half dollars have notches, while pennies, nickels and new dollars do not?

The United States Mint began putting notches on the edges of coins that contained gold and silver in order to discourage people from shaving off small quantities of the precious metals. 

Dimes, quarters and half dollars are notched, because they used to contain silver. 

Pennies, nickels and new dollars aren't notched because the metals they contain are not valuable enough to shave.

 

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Stefan West
West Realty - Murrieta, CA
Temecula-Murrieta-Menifee CA Real Estate

I truly didn't know that and it makes perfect sense.  I wish I had some of those gold coins nowadays!

Sep 09, 2010 11:40 AM
Larry Lawfer
YourStories Realty Group - Newton, MA
"I listen for a living." It's all about you.

I love useless but interesting information like this and thank you for sharing.  I find tidbits like this are great ice breakers at networking events.  Here is one back. You have seen statues of generals on horses as monuments to a battle.  Sometimes the horse has one leg up and sometimes all four legs are down.  What this means is that the general fought in this battle, if one leg is up he survived, if all four are down, so was he in that battle.  This is useful in my home town of Boston, MA

Sep 09, 2010 11:46 AM
Lisa Orme
The Master's Key Realty LLC -Windsor, CT - HARTFORD COUNTY - Windsor, CT
Broker/Realtor, ABR, CRS,GRI, PSCS, SFR, Notary Pu

Fun piece of trivia - and I love having these little pieces of info that no one else knows the answers to - sometimes it actually makes me look smarter than I am!

Sep 09, 2010 11:48 AM
Mike Mayer
Mike Mayer, Broker/Owner - i List For Less Realty, LLC - Lafayette, LA

I love trivia! This information was recently shared on some recent broadcase; your post title caught my attention.

Sep 09, 2010 11:50 AM
Kerrie La Guardia
ActiveRain, Community Manager - Kirkland, WA
Let it Rain!

Interesting!  I asked a couple people here at Headquarters, no pun intended, and you should here the reasons they came up with! 

Sep 09, 2010 11:50 AM
Darren Revell
Keller Williams Realty Temecula Valley - Temecula, CA

Thanks for the post... I knew that, but had forgot.. Thanks for bringing it up again...

trivia homework for you...  How did the origial numbers come to be and how is their association with the word?

Sep 09, 2010 11:57 AM
Kristen Wheatley
Better Homes & Gardens | The Masiello Group - Brunswick, ME
Supporting Success - Best Job in the World!

It's also helpful that they left them that way.  My brother is blind, and visually impaired people use the ridges and smooth edges to tell which coin is which. :)

Sep 09, 2010 12:03 PM
Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

I had no idea that was the reason. So, why in the 40s when even the metal in pennies became valuable because of the war didn't they groove them during that time?

Sep 09, 2010 07:12 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

I certainly like Kristin's # 7 comment much better. Thanks for the trivia tidbit.

Margaret

Sep 12, 2010 03:20 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Gary, thanks for this tidbit of information..something  I didn't know...and will forward to my husband. Thanks,

Sep 13, 2010 03:22 PM