Wednesday, July 5, 2017

Squared Coins!

Hello Friends,

It is of interest to me, as it is for many of you, to know more about coins. It has been one of my unfulfilled projects to have coins which are produced in different states glued to a US map, but I never had the time to do that, although I collected quite a good number of  coins with unique designs which were made by each of the 50 states (now we are more than 50).
What is a coin?A coin is a small, flat, round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government.
Where was the first coin made in the world?
In Turkey,  but it was called Asia Minor at that time 610-600 BC.

Who minted the first coins?
King Alyattes of Lydia, Turkey.

What were the first coins made of?
The first coins were made of electrum, an alloy of silver and gold. 

When was the first coin made in the United States?
The very first officially minted US coin was the Half-disme (dime), struck at the newly built Mint in Philadelphia in July 1792. 

What is the clad of a coin?
A clad coin is a coin that has multiple layers of metal in it; most current U.S. clad coins consist of an inner core of pure copper, with outer layers of a silver-colored nickel-copper alloy. Examples of this type of clad coin are the U.S. Quarter, and Half Dollar.
Image result for square coins
Now, I have a question for you: Why was the coin rounded instead of squared? 😉😉
Can we have squared coins instead of rounded coins now? We have all the technologies that can enable us doing so, don't we? Plus who knows, may be it could save us some money. Let's think about it, and send your replies.

Until we talk again, be cool with our greetings & love 😊

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