Ever Wonder Why Some Coins Have Notched Edges? - ClubRunner
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Reprinted from "Ever Wonder Why?" by Douglas B. Smith Ever wonder why dimes, quarters, and half-dollars have notched edges, while pennies and nickles do not? The US Mint began putting notches on the edges of coins containing gold and silver to discourage holders of such coins from shaving off small quantities of the precious metals. Before coins were notched, shaving coins was a common practice, and at one point, the problem was so bad that merchants refused to accept coins without first weighing them to determine their true value. Notching the coins corrected the problem since any attempt to shave a notched coin could be easily detected. Dimes, quarters and half-dollars are notched because they contain silver. There is no need to notch pennies and nickles since the metals they contain are not valuable enough to make shaving worth the effort.
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Reprinted from "Ever Wonder Why?" by Douglas B. Smith Ever wonder why dimes, quarters, and half-dollars have notched edges, while pennies and nickles do not? The US Mint began putting notches on the edges of coins containing gold and silver to discourage holders of such coins from shaving off small quantities of the precious metals. Before coins were notched, shaving coins was a common practice, and at one point, the problem was so bad that merchants refused to accept coins without first weighing them to determine their true value. Notching the coins corrected the problem since any attempt to shave a notched coin could be easily detected. Dimes, quarters and half-dollars are notched because they contain silver. There is no need to notch pennies and nickles since the metals they contain are not valuable enough to make shaving worth the effort. Tag » Why Do Coins Have Ridges
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