how are coins made in the us?
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The U.S. Mint buys strips of metal about 13 inches wide and 1,500 feet long to manufacture the nickel, dime, quarter, half-dollar, and dollar. The strips come rolled in a coil. Each coil is fed through a blanking press, which punches out round discs called blanks.
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Cost to Make Dimes and Quarters The U.S. Mint turned a profit in making dimes and quarters as their respective unit costs of 3.73 cents and 9.01 cents were lower than their face values. The following two tables summarize U.S.
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Penny (United States coin) The United States one-cent coin (symbol: ¢), often called the penny, is a unit of currency equaling one one-hundredth of a United States dollar. ... The first U.S. cent was produced in 1787, and the cent has been issued primarily as a copper or copper-plated coin throughout its history.
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Coins were first made of scraps of metal. Ancient coins were produced through a process of hitting a hammer positioned over an anvil. The rich iconography of the obverse of the early electrum coins contrasts with the dull appearance of their reverse which usually carries only punch marks.
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The three lowest value (and smallest) coins are made of copper-covered steel. The 10-, 20- and 50-cent coins are 'Nordic gold' and the 1- and 2-euro coins use a sophisticated bi-metal technology which helps prevent counterfeiting.
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Can you make a dollar using only one type of coin? Answer: 100 pennies, 20 nickels, 10 dimes, or 4 quarters; each = 1 dollar.
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Before 1965, US quarters were made of 90 percent silver. That means that due to the silver alone it would be worth about $3.50 (depending on silver prices). After 1964, the quarter is just made of nickel and copper and worth just 25 cents.
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Just like Artist Trading Cards, there are very few rules. They must be 2.5 inches in size and they are to be traded, never sold. The coins are generally made from heavyweight cardstock or watercolor paper.
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Cotton and U.S. Currency. According to the Bureau of Engraving and Printing , US paper currency is made up of 75% cotton and 25% linen. That is, there are three-fourths of a pound of cotton in each pound of dollar bills.
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Coins are money made from metals. In the past, coins were sometimes made from valuable metals such as gold and silver. Today, most coins are made with some combination of copper, zinc, and nickel.
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Facts About the Copper Dime That Was Never Circulated But prior to 1965, dimes were made of silver. A copper dime is made of 91.67% copper and 8.33% nickel. It is also the smallest in terms of diameter and the thinnest of all US coins.
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The penny is the United States' one-cent coin. Every penny you've ever spent probably had Abraham Lincoln on it. He's been on the front (obverse) of the penny since 1909! ... The coin was larger and made of pure copper, while today's penny is made of copper and zinc.
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Hammered coins were made by placing a blank piece of metal usually silver (early period of coinage) and then later gold. The correct weight of metal was used between two dies, and then striking the upper die with a hammer to produce the required image on both sides.
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Cost to Make Dimes and Quarters Mint made money only on dimes and quarters since their respective unit costs at 3.33 cents and 8.24 cents are lower than their face values.
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Thanks for the A2A! The short answer is that before 1965, dimes were made from a 90% silver alloy and thus were worth more than the copper-nickel alloy nickels. The long answer requires a bit of understanding on what gives coins their worth.
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Charlie, it actually costs the US mint 1.5 cent to make a 1 cent coin and 6 cents to make a nickel (5 cent).
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Maybe you already know this, but I will tell you anyway. Before 1965, US quarters were made of 90 percent silver. That means that due to the silver alone it would be worth about $3.50 (depending on silver prices). After 1964, the quarter is just made of nickel and copper and worth just 25 cents.