The third side of a coin is called the edge. The edge runs the entire circumference of the coin between the heads side, call the obverse, and the tails side, called the reverse. It is literally the third side of the coin.
A:Abraham Lincoln is on the $5 bill in order to commemorate his legacy and the sacrifices that he made for the United States while serving as president. Lincoln's face is also featured on the United States 1 cent coin and is featured on Mount Rushmore.
A:Jewelry marked as 950 silver means that the item is 95 percent pure silver. When stamped 950, it refers to its purity in parts per thousand. The remaining 5 percent is an alloy added to increase the hardness of the silver piece.
A:There are many online resources that offer value estimates of old paper money, including Heritage Auctions, Paper Money Guide, CoinSite and eBay. Professional appraisal by an expert in person is another possible option.
A:Alexander Hamilton is on the $10 bill because he was the first Secretary of the Treasury. His proactive stance in running the Treasury Department set many precedents for its role in government. With Benjamin Franklin, he is one of two non-Presidents on U.S. bills.
A:The earliest Roman currency was a bronze coin called the as. It weighed as much as a Roman pound, about 335.9 grams. Around 187 B.C. a silver coin called the denarius was introduced. During the Second Punic War (218 to 201 B.C.), a gold coin called the aureus was introduced.
A:According to coin expert Susan Headley for About, the easiest process for cleaning old coins is to gently rinse the coins in a bath of warm tap water and mild dish-washing detergent. It is important to make sure that the hands are thoroughly washed to remove all surface oils and dirt that may potentially contaminate the coins. Headley stresses that cleaning old coins is not recommended unless absolutely necessary.
A:Collectors most often buy and sell old coins at auctions, from coin dealers and at coin collecting conventions. Coin valuation companies offer a third-party estimated value for both coin buyers and sellers.
A:As of May 2014, the strongest currency in the world is the Kuwaiti dinar. In relation to U.S. dollars, 1 Kuwaiti equals $2.847. Kuwait is located on the Arabian Peninsula, contains the fifth largest oil reserve in the world and is often ranked among the top ten richest countries.
A:No one knows exactly why the back side of a coin is called "tails," but it is easy to understand why the front side is called "heads." Common sense dictates that the reverse side would naturally bear the name of a body part located farthest from the head.
A:United States pennies minted after 1982 weigh 2.5 grams, or 0.088 ounces. These pennies are 2.5 percent copper and 97.5 percent zinc. Before 1982, pennies weighed 3.11 grams, or 0.110 ounces. They were 95 percent copper and 5 percent zinc, which is a form of bronze.
A:Elizabeth II coins are coins carrying the head of Queen Elizabeth II on them. All British coins and the majority of the 53 member countries of the Commonwealth carry the head of Queen Elizabeth II on the obverse side of the coin.
A:The third side of a coin is called the edge. The edge runs the entire circumference of the coin between the heads side, call the obverse, and the tails side, called the reverse. It is literally the third side of the coin.
A:Pennies in the United States were made of pure copper from 1793 to 1837, and then contained varying amounts of copper throughout the years before converting to a majority 97.5 percent zinc in 1982. At that point, the penny continued to be made with a small 2.5 percent copper.
A:A numismatist is a person who collects coins. Coin collectors value a coin based primarily on its date, condition and place of origin. Coins that contain production errors also carry a high value for collectors.
A:There are 80 U.S. quarters in one pound. The weight of one U.S. quarter is 5.67 grams, and there are 453.59237 grams in one pound. When that number is divided by 5.67 grams, the weight of one quarter, it is equal to 80 quarters.
A:As of 2014, the dime is made out of a blend of metals called "clad." A copper center is sandwiched between two layers of a 75-percent copper and 25-percent nickel blend. The total composition of a modern dime is 91.67 percent copper and 8.33 percent nickel.