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Coin Trivia

Posted Jan 03 2010 12:00am
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Here are some coin facts you can use when you have a discussion about coins with those who have Alzheimer's disease, arelated dementia or other long term care residents



United States Coins Facts
•The Booker T. Washington Memorial Half Dollar was the first United States coin to have an image of an African-American. It was minted from the years 1946 to 1951.
•The Liberty Head Nickel, first minted in 1883, did not have the word "cents" inscribed onto it. Dishonest investors illegally gold plated the coins and attempted to sell them as $5 gold pieces.. The United States Mint soon quickly figured out what was going on and added the word "cents" to the nickels.
•The inscription "E Pluribus Unum," meaning "One from Many" appeared on 1795 Liberty Cap-Heraldic Eagle gold $5 piece. This was the first time this motto was used on United States Coins.
•The United States Mint estimates that the average life expectancy of a circulating coin is about 30 years, whereas paper currency usually only lasts for as little as 18 months.
•The smallest denomination coin ever issued in the United States. was the half cent, which was minted from 1793 through 1857.
•The United States Mint produced its first circulating coins in 1793.
•There is more than $8 billion worth of coins circulating in the United States today. In the past 30 years, the United States Mint has minted over 300 billion coins, worth more than $15 billion.
•If one has three quarters, four dimes, and four pennies in your possession, they have the largest possible amount of money in United States coins without being able to make change for a dollar.
•The slang term for a United States dollar, "buck," is thought to have originated in the early United States frontier times when the hide of a male deer was a currency. The phrase "the buck stops here," was coined (pardon the pun) by United States President Harry Truman, and referenced the fact that a silver dollar coin was often passed around a poker table to show who was to pay the ante blinds.
•Calvin Coolidge was the first and only United States President to have his portrait appear on a coin minted while he was living.
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