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Coins

Coin flips

Coin flips have a 50.8 percent chance of landing the same way up as when they started. 1)

More than 2600 years ago

The first coins were created more than 2600 years ago - exactly in the 7th century BC in what is now Turkey. 2)

The oldest Polish coin

The oldest Polish coin was struck between 970 and 992. On the obverse, it bears a very simplified image of a temple (formerly interpreted as a duke's miter) and a cross symbol in the reverse.3)

1 Tonne Australian Kangaroo

The largest coin weighs 2,231 lb and was over 2 ft 7.49 in diameter. It was called the “1 Tonne Australian Kangaroo” and introduced on 9 February 2012 by the Perth Mint in Australia.4)

Coin spins

19.37 seconds is the official record for the time a coin spins until it comes to a complete rest. This was done by Briton, Scott Day in London during an entertainment program on the BBC channel.5)

The smallest coin

The smallest coin in the world was created in Switzerland. It featured Albert Einstein's famous tongue-out pose. The coin was just 0.1” in diameter and some of its features couldn't be seen with the naked eye. 6)

Collector coins

The denomination does not always matter. This statement applies mainly to collector coins, whose value is much higher due to their rarity. The value of the coin is also affected by the bullion it is made of - bullion coins are minted from pure gold and silver. 7)

A ton of pure gold

In 2011, the Australian Mint minted a coin that contained a ton of pure gold with a denomination of one million dollars! However, on the day of the coin's release, a ton of gold was worth, about 53 times more. 8)

First counterfeit

3,000 years ago money was counterfeited for the first time! The person who first committed this was Polycrates, who independently counterfeited coins minted from gold. With their help, he paid a debt to the Spartans, which led to a war and to his assassination. 9)

Oldest currency in the world

The oldest currency in the world is the pound sterling, which was first minted in the late 15th century. 10)

Big spenders

Which country spends the most money on travel? China! In 2021 alone, Chinese citizens spent $105.7 billion. In second place in the ranking was the United States with $57.9 billion in spending, while third place went to Germany, which spent $48.2 billion on travel. 11)

The world's oldest coin

The oldest coin dates back to the 7th century BC. 12)

Electrum

The oldest coins were minted from electrum, or gold and silver. 13)

Seashells money

The longest existing currency was sea snail shells. 14)

170 currencies

More than 170 different currencies are used around the world. 15)

coins.txt · Last modified: 2022/07/13 06:42 by aga