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Facts About United States Coins
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1. United States Mint® facilities produce 65 to 80 million circulating coins per day.
Those used in everyday commerce – the penny, nickel, dime, quarter dollar, half dollar and dollar – are made at the
Philadelphia
and
Denver
mints. These are known as “circulating” coins. The U.S. Mint also produces a variety of collector’s items, including non-circulating commemoratives (which can be used as legal tender), and proof sets.
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2. The portrait of Abraham Lincoln on the penny is the only one facing to the right – all other presidential portraits face to the left on circulating
U.S.
coins. The image on the Lincoln penny is an adaptation of a plaque made by eminent sculptor Victor David Brenner. The fact that
Lincoln
is facing to the right was simply the designer’s choice. |
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All
U.S.
coins are produced with what is known as a “coin turn.” This means that the reverse side (tails) is upside down in relation to the obverse side (heads). Another way of looking at it is you turn a coin top over bottom to see the reverse side, versus left to right. The reason
U.S.
coinage is made this way for reasons of custom and tradition, and not because of any legal or technical requirement. |
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4. Four men have been portrayed on
U.S.
commemorative coins during their lifetime:
Governor T.E. Kilby, on the obverse of the 1921 Alabama Centennial half-dollar.
President Calvin Coolidge, on the obverse of the 1926 Sesquicentennial of American Independence half-dollar – the only living president to appear on a coin.
Senator Carter Glass, on the obverse of the 1936
Lynchburg
,
Virginia
, Sesquicentennial half-dollar.
Senator Joseph T. Robinson
, on the reverse of the 1936 Robinson-Arkansas Centennial half-dollar. |
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5. The original U.S. Mint building was the first Federal building erected by the
U.S.
Government under the Constitution.
Congress passed The Coinage Act on April 2, 1792, creating the Mint and authorizing construction of a Mint building in the nation's capitol,
Philadelphia
. Newly appointed Mint Director David Rittenhouse’s first duty was to purchase a piece of land on which to build the Mint. In July 18, 1792, he purchased two lots for $4,266.67. |
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 6. Sacagawea and Susan B. Anthony are the only women honored on circulating coins.
Both were featured on dollar issues. The “Susie,” first minted in 1979, had an 11-sided rim bordering both edges – but it was often mistaken for a quarter. The Sacagawea $1 was introduced in 2000, and briefly circulated along with the earlier coin. Both have identical metallic signatures to vending machines, although the latter has a golden finish. |
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7. George Washington did not appear on a
United States
coin until 1900.
It was a commemorative, however, and did not circulate. As a result of the plan spearheaded by President Theodore Roosevelt, the 1909 cent became the first circulating coin to bear the likeness of a President: Abraham Lincoln.
George Washington finally appeared on a circulating issue with the
1932 Quarter, a design still in use today. |
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8. Coin designer initials appear on every circulating
U.S.
coin.
But they can be hard to find. If you have a dime and a magnifying glass handy, look at FDR’s neckline, just beneath his ear. You will see the tiny initials "JS". United States Mint employee John R. Sinnock was chosen to design the
Roosevelt
dime, as he had already made a medal of the President. Similar markings can be found by closely examining other metal coinage. |
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9. The average lifespan of a coin is 25-30 years. Coins that are no longer fit for circulation are divided into two groups: mutilated and “uncurrent.” A mutilated coin is chipped or fused and cannot be counted by machine. Uncurrents are worn but recognizable, and can be machine-counted. Both mutilated and uncurrent items are melted down and re-used. |
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PMG Collections is a division of PMG Solutions, LLC, a private company not affiliated with the U.S. Mint or any other government agency. © 2007 PMG Collections. All Rights Reserved.
PMG Collections • 1 Mechanic St., Norwalk, CT 06850 • 203-401-8811
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