Treasury Mint facts

While investigating facts about Treasury Mint Washington Dc and Treasury Mint Coins, I found out little known, but curios details like:

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.

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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.

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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 the department of treasury. Here are 9 of the best facts about Treasury Mint Tour and Treasury Mint Locations I managed to collect.

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1. 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

2. 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

3. During the 2012 debt ceiling debates it was proposed that the Treasury Department mint a Trillion dollar coin and send it to the Federal Reserve in order to pay off the debt. This would be a perfectly legal way for the United States to reduce its debt.

4. The US dime featuring FDR is believed to be based on a profile by African-American sculptor Selma Burke, but the U.S. treasury credits the coin's design to former chief engraver at the U.S. Mint, John Sinnock.

5. 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.