Coins Circulation facts

While investigating facts about 50p Coins Circulation and Rare Coins Circulation, I found out little known, but curios details like:

There is a Penny Lobby in the United States to keep the one cent coin in circulation even though it is produced at a loss. The lobby was hired by Jardin Zinc Products, who is the sole provider of penny blanks to the U.S. Government.

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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

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In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what is meant by the term coining. Here are 31 of the best facts about Euro Coins Circulation and 2 Pound Coins Circulation I managed to collect.

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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.
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 1992 Australia removed their one and two cent coins from circulation due to inflation reducing their value and the high cost of bronze. After removal, the coins were melted down and used to make the bronze medals for the 2000 Summer Olympics in Sydney.
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 term penny-pincher comes from those who profitted off clipping the edges of British coins for precious metals, and then sending them back into circulation
The 50 State Quarters Program became the most successful numismatic program in history, with roughly half of the U.S. population collecting the coins. The U.S. federal government so far has made additional profits of $3.0 billion from collectors taking the coins out of circulation.
The word “dollar” - and the names of several other currencies past and present - is derived from the “thaler”, a type of European coin in circulation for centuries whose name originally comes from the German word for “valley”...
The U.S. denominates its currency in dollars rather than pounds because of the Spanish dollar being the most prevalent coin circulated around the colonies at the time of the Revolution.
of an organization that opposes taking the penny out of US coin circulation: Americans for Common Cents. A primary backer is the penny's zinc supplier to the US Mint, and a campaign once featured Kevin Federline, who became interested in the topic "because he likes text messaging."
A 2004 special-edition Canadian twenty-five-cent coin was put in circulation by the Canadian Mint in 2004, which featured a goofy-looking caribou and used the COMIC SANS font.

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In 2004, Canada issues special 25 cent quarters with a red poppy on the reverse, making it the first colored circulation coin in the world

In 1786 Two Thirds of Coins in Circulation in Britain Were Counterfeit. - source

The bronze medals in the Sydney 2000 Olympic games were made from melted down 1 and 2 cent coins that were removed from circulation prior to the games - source

In 2017 no standard British £2 coins were minted for general circulation, because the introduction of the new £1 coins had brought enough of them back into circulation, via people emptying their coin jars primarily to get rid of their old £1 coins.

The Euro currency has more than €1.2 trillion in circulation and is one of the highest combined values of banknotes and coins in circulation in the world, having surpassed the U.S. dollar in Aug 2018. - source

When was the term serial killer coined?

The Chain cent was America's first large cent and the first circulating coin officially produced by the United States Mint. Records indicate that approximately 36,103 were produced.

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Almost all of the 500,000 gold Double Eagle $20 coins cast in 1933 were melted into bullion and never circulated. However a small number were stolen from the Philadelphia Mint and the U.S. Secret Service has been pursuing them for nearly 70 years. The coin has a market value of $7.6 million.

The Chinese 1 Yuan silver coin that circulated from 1914-1921 was known as "Fat Man Dollar"

Europe took out a bunch of their bi-metal coins out of circulation, by punching out their inner circle, and then sold the pieces to china for scrap. In China, they reassembled the coins and cashed them in at a German bank.

Richard Nixon dollar coins are circulating in the U.S.

Canada has a 50 cent coin that is rarely seen in circulation. Most vending machines do not accept it and older machines might misidentify a 50-cent piece as $1. A largely unsuccessful attempt was made by the Royal Canadian Mint to promote the use of the coin in 2002 on Queen Elizabeth's jubilee

When was the term feminism coined?

Panamanian currency (the Balboa) has coins, but no paper money. Panamanian banknotes were once in circulation in 1941, but only for 7 days.

The shortest-lived coin in US History was the 20-cent piece, with coins for circulation minted for only two years, 1875 and 1876.

Because of the irrational fear that people with leprosy would spread the disease by touching circulated money. Leprosy colonies minted their own coin currency.

The Indian Head cent (penny), which was the predecessor to the Lincoln penny design in the US. This change made the Lincoln penny the first regularly circulating US coin to feature an actual person.

There are rare coins in circulation you can find in pocket change worth thousands of dollars. This 1964 Jefferson Nickel brought $32,000 in auction.

Pennies cost more to make than they're worth. In 2014 the US mint lost more than $52M. A lobbyist group called 'Americans for Common Cents' is fighting to keep pennies in circulation, they're backed by 'Jarden Zinc Products', a company that sells the zinc-based coin blanks to the US Mint.

The British halfpenny was minted until 1984. The Treasury tried to keep the coin in circulation, arguing it was needed to prevent prices from being rounded up, but by then it had already become Britain's least favorite coin.

The Chilean mint issued the 50 peso (¢10) coins in 2008 that had a typo, in which the country's name was spelled as "Chiie" instead of "Chile". Nobody noticed this until a year later when the coins were in circulation, at which point the general manager and a couple other employees were sacked.

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