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Coin Minted facts

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The price of a bottle of Coca-Cola stayed at a nickel for over 70 years. As a result, vending machines only took nickels, and before raising prices to a dime the president of the company asked President Eisenhower to mint 7.5 cent coins to keep the increase reasonable.

how to tell where a coin was minted?

There are no U.S. quarters with 1975 as the mint year because commemorative 1976 bicentennial quarters were being minted early in anticipation of collectors snatching the coins from circulation

What is a minted coin?

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  1. In 1953, Coca Cola attempted to persuade the US Treasury to mint a 7.5 cent coin; a can of Coke had been a nickel since 1886 and needed to be raised due to inflation, but they felt a dime was too much.

  2. Canada once minted a $1 million dollar coin, which was promptly stolen and never found.

  3. No coin minted by the United States has a numerical amount written on it, which makes it hard for people unfamiliar with the coins to know their value

  4. A bottle of Coca-Cola cost one nickel (5 cents) between 1886 and 1959. The price remained fixed with very little fluctuation. In 1953, Coca-Cola approached the US Treasury to request minting a 7.5 cent coin.

  5. The Australian Mint produced a "Han Solo in carbonite" 1 oz. silver coin.

  6. If the US used a dollar coin instead of a bill it would save $5.5 billion over 30 years. It mints dollar coins, but unlike other developed countries, won't remove the bill from circulation, possibly due to lack of support by Federal Reserve.

  7. One proposed solution to the US debt ceiling crisis of 2012 was the minting of a 1 trillion dollar coin that would be used to pay off the country's debt.

  8. In 2013 a California couple discovered a trove of gold coins in their backyard while walking their dog. Tucked away in eight buried cans were 1,427 rare mint-condition coins dating from 1847 to 1894. A rare coin expert who represents the finders, appraised the U.S. coins at $11 million.

  9. A man bet his brother he could gather 1 million pennies. It took 30 years, but the man won the bet! However, neither the U.S. Mint, the U.S. Comptroller of Currency, coin collectors nor the local bank will cash in his $10k stash without a charge.

  10. The Royal Canadian Mint created a coin with the face value of $1 Million. The coin itself is made of 99.99% gold and weighs over 220 lbs.

coin minted facts
What was the first us coin minted?

Coin Minted data charts

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coin minted fact data chart about Quantity of coins vs. Nominal value of coins of the US Mint
Quantity of coins vs. Nominal value of coins of the US Mint 1960-2015

What is true about coin minted?

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It costs approximately 1.6 cents to make 1 penny, as a result the mint loses around $55 million just on the production of these coins

The Royal Canadian Mint created a giant, million-dollar coin from nearly pure gold. It was stolen from a museum in Berlin in March, when the market price of the gold was nearly 4 times the coin's face value. - source

For a 20 year period in the mid-1800's, the US Mint issued a three cent coin, or "trime" - source

In the '80s Susan B. Anthony dollars were so unpopular the US Mint had to keep $500 million worth of the coins in storage because there was no demand to circulate them.

In 1950 Louis Eliasberg completed the first and only complete U.S. coin collection - one of every date, metal, denomination, and mint mark ever struck as of that year - source

When billy flips a coin it appears to be different?

After Brutus helped kill Caesar, he minted coins celebrating the murder.

How can you tell where a coin was minted?

In '53, Coca Cola attempted to boost vending machine profits by asking the US Treasury to mint a 7.5 cent coin; that failing, they then briefly implemented "official blanks" where 1 in every 9 vended bottles would be empty

Disney and Star Wars coins have been minted by Niue and are legal tender in the country.

The reason you find so many 1964 nickels is that people thought that was the last year they contained silver so people hoarded them. The mints struck more coins to make up for the shortage. In reality, they were just made of nickel.

King Farouk of Egypt received the only 1933 Double Eagle (20 USD) gold coin released to the public from the Philadelphia Mint. Following his death, it was stored in the World Trade Center and several months before 9/11, it was moved to Fort Knox.

When were coin flips invented?

When Canada minted coins with poppies for Remembrance Day, visiting US contractors mistook them for suspicious nanotechnology and filed espionage reports about them

A man was sentenced to 15 years in prison for paying his employees in US coins minted of material more valuable than their denomination

The U.S. Mint issued a coin in 2000 - a golden dollar featuring Sacagawea and her infant son Jean Baptiste. The reverse design has been changed each year since 2009 - featuring an image of Native American culture.

A U.S. one dollar coin was minted in 1979 to 1981 and in 1999. She was the first real woman printed on circulating currency in the U.S.

The first official cent coin of the U.S. was the Fugio Cent which was minted with the phrase "Mind Your Business" at the bottom

How do you tell where a coin was minted?

Isaac Newton was responsible for the ridges on the edge of coins. As an exchequer for the Royal Mint, he invented reeding (or creating ridges) on the edge of coins to prevent unscrupulous people from trimming the silver off of them before using them as currency.

Emperor Hadrian was in a committed relationship with a man named Antinous and upon his death, Hadrian deified him, constructed temples and placed statues throughout the empire for his worship, founded a city in his name, held festivals in his honour and minted medals and coins bearing his image

The US used to mint a three-cent coin called a Trime, as well as a five-cent Disme, a twenty-cent Pistareen, and a four-dollar Stella.

The highest price ever paid for a coin was $10,016,876 in 2013 for a silver $1 coin from 1794, one of the first dollar coins minted in the U.S. following the Coinage Act of 1792.

Quarters have ridges (and pennies don't), because the us mint only put ridges on coins that contained valuable metals like gold and silver

When the USA stopped minting the half cent in 1857, its buying power was equivalent to 14 cents in 2014. It would be like discontinuing all coins smaller than a quarter today.

A family found ~$80million in gold coins left by their father. They took the coins to the mint for authentication, only to have them seized by the US Government. They have yet to receive a cent in compensation.

The Stella was a $4 coin minted in the US in 1879 that if in good condition can be worth up to an estimated $1.4 Million

It costs the U.S. Mint almost twice as much to mint each penny and nickel as the coins are actually worth. Taxpayers lost $105 million in 2013 just through the coins being made.

In 1860 a French lawyer proclaimed himself king of the regions of Araucania and Patagonia in South America. He created a flag, established a capital, and minted coins under the name 'Nouvelle France.' After two years, he was imprisoned, declared insane and expelled back to France.

In 2011 the US Mint banned the ability to buy dollar coins using credit cards as clever users were buying them, racking up credit card points and then depositing the coins straight in the bank

In 1953 Coca-Cola petitioned the US treasury to mint a 7.5 cent coin, as this was seen as a better alternative to paying to alter more than 390,000 vending machines to accept anything other than a single coin

In 2007 the Royal Canadian Mint produced a million dollar gold bullion coin and sold five of them. In 2015, the gold in the coins was worth more than 3.5 times the face value.

When Queen Elizabeth dies, the Royal Mint will begin producing new coins with the new monarch within days.

A coin was minted in Amerigo Vespucci's memory in 2012.

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