The Profound History of Coins
More than 100 million $1 coins featuring the likeness of Thomas Jefferson were put into circulation in September, but few people plan to use them, or even know they exist.
Only a quarter of U.S. residents have actually seen a Jefferson coin, or either of the other two Presidential $1 coins that are part of a series the United States Mint started to released earlier this year, according to a USA Today/Gallup Poll. Americans are also attached to their paper bills, another poll found, and prefer using them instead even if it costs the government more money.
It’s a far cry from the social and political upheaval caused by the introduction of the first coins more than 2,500 years ago, said Tom Figueira, professor of Classics at Rutgers University in New Jersey.
“Mental changes with the introduction of coins were profound,” Figueira said. “It was a whole new way of thinking about value.” Read Full Story
Related Articles
- MILLIONS OF NEW THOMAS JEFFERSON $1 COINS ROLL INTO CIRCULATION
- PCGC Confirms Clipped Planchet Jefferson $1 Errors
- Can You Name the Presidents? The United States Mint Aims to Find Out as It Introduces the New Thomas Jefferson $1 Coin
- Majorities Prefer $1 Bills to Coins and Oppose Abolition of the Penny
- Third Presidential Coin To Make Life Worthwhile
- A Short Numismatic History of the United States
- Plain Edge Jeff
- Jefferson Gold Sells Out
- House Authorizes Use of Cheaper Metals in Coins
- A Toast To Gold Power
- List Grows of Proof Spiked Head Error Nickels to Dollars
- Proof ’38 nickel with serif seen
- PCGS Displays Top Set of Modern Proof Coins at FUN
- A wallet full of only two-dollar bills
- United States Mint Reveals Four New 2008 Presidential $1 Coins
- New Coin Celebrates Link between Jefferson, University of Virginia
- PCGS Confirms Lettered-Edge Sac and Plain-Edge Jefferson Dollars
- The Art of Money
- Drowning in Dollar Coins
- U.S.’s dilemma: It costs 1.7 cents to make a penny


















