With the U.S. dollar considerably strengthening against other major currencies in recent months, you might be wondering: Why is this happening? The value of one currency against another is in large part a function of central bank policies in each country. If a central bank pursues loose policy — low interest rates that increase the …
What happens when the US Dollar Increases? Read More »
The worst thing that could happen after coin roll hunting or bill searching banknotes is that you end up with the same money you started with!
How to look for to spot the really rare ones!
31 U.S. Code § 5112 – Denominations, specifications, and design of coins (a) The Secretary of the Treasury may mint and issue only the following coins: (1) a dollar coin that is 1.043 inches in diameter. (2) a half dollar coin that is 1.205 inches in diameter and weighs 11.34 grams. (3) a quarter dollar …
Coin Weights and Requirements under US Law – 31 U.S. Code § 5112 Read More »
The half dollar, quarter dollar, and dime coins are clad coins with 3 layers of metal. The 2 identical outer layers are an alloy of 75 percent copper and 25 percent nickel. The inner layer is copper. The outer layers are metallurgically bonded to the inner layer and weigh at least 30 percent of the …
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