Coins Ridges facts
While investigating facts about Why Have Coins Ridges and Why Do Coins Have Ridges, I found out little known, but curios details like:
Coins (originally made from precious metals) have ridges in order to prevent people from shaving down the edges to sell those shavings and use the devalued coins as their original value.
how many ridges are on us coins?
Issac Newton roamed the streets as anti-counterfeit coin vigilante, then invented the ridges on coins to reduce fraud currency
What are the ridges on coins called?
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 do coins have ridges. Here are 15 of the best facts about Why Are There Ridges On Coins and Ridges On Coins I managed to collect.
what are the ridges on coins for?
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Why coins have ridges on the sides... Criminals in the 1700s saw they could make a good profit by filing shavings from the sides of gold and silver coins. Today’s coins contain no precious metals but, you’ll still find those ridges to make them distinguishable for visually impaired people.
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Issac Newton invented the ridges along the edges of coins, still in use today, to prevent theft
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Coins have ridges in order to make it impossible to shave them down without the result being obvious. As a side benefit, the reeded edges also made coin design more intricate and counterfeiting more difficult.
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The Saddle Ridge Hoard was a $10 million find of US gold coins buried in the Sierra Nevada mountains, unearthed in 2013.
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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.
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Quarters have ridges (and pennies don't), because the us mint only put ridges on coins that contained valuable metals like gold and silver
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The reason some coins have ridges is to prevent counterfeiting and coin clipping, filing around the edges to steal gold or silver filings off coins.
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Some coins have ridges on them to help the visually impaired distinguish different coins.
Why are there ridges on coins?
You can easily fact check why do some coins have ridges by examining the linked well-known sources.
The ridges on coins were used to discourage counterfeiting. - source
