Just for fun - read the following Money-Trivia website and share with us 5 fun facts you learned about money. Choose from the followinf categories:
1. Money Doesn't Grow on Trees? - Fun Money History
2. Seed Money - The Making of Currency
3. Don't Put Your Money Where Your Mouth Is - Dirty Money
Other Trivia here:
- Paper Money Trivia
- US Money Trivia
1.$ symbol comes from Spanish peso symbol.
ReplyDelete2.the 1st banks were likely religious..due to a tight security.
3.the 1st bill was called ''greenbacks..after the ink used on the backs of the bills.
4.it cost around 6.2 cents to produce a bill (in2007).
5.In Japan, there is an ATM machine that heat presses each bill at 392 degrees for one-tenth of a second before its dispensed... and presto! You’ve got yourself a clean bill.
6.NUMISMATICS-the study of currency and the history of money.. :) :) :)
A very interesting topic about US Dollar, well-known around the world. My colleague Liza mentioned some fun facts about money, but I want to add something more.
ReplyDeleteIn USA in 1932 were temporarily used wooden bills, made in Tenino, Washington (I guess anybody from a piece of wood could make himself very-very rich).
To make a US bill it costs the state around 6.2 cents, but the government sells it a the price that is shown on the bill (nice way to make money, this is a tool of making money for every country, but if you abuse of it you get in big problems like INFLATION).
I googled more about US Dollar and something that surprised me is that the dollar sign is derived from the initials of the United States. If you superimpose a capital "U" on a capital "S" then drop the lower part of the "U", what you end up with is a version of the dollar symbol with two strokes.
Many interesting facts here about money,most of them being new for me:
ReplyDelete- the first banks were considered to be like religious temples because of the high security
- the term "check" has it's roots in the game "chess" since like the king in the game the check limits the possibilities
- the sign $ derived from the Spanish dollar sign abbreviated PS in 1782
- since the bills have different bacteria on it,in Japan there is an ATM that heats the bill as to hand people clean ones
- in 1932 in Washington were used for a short period of time wood coins
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ReplyDeleteIt is a very interesting article and I found out a lot of new, amazing things. For example:
ReplyDelete- i didn't know that first banks were like religious temples because of their security;
- 30 million pennies are produced each day, meaning 1040 pennies per second...wow :)
- legal tender with a value over $100 is no longer printed but it is still floating around...how does that come? :)
- currency paper is 25% linen, due to this it is rip-resisant...nice decision!
- the biggest lottery jackpot of all time was $390 million in the USA in March 2007...Who was the lucky person? I want to be his friend :))
As for me the most interesting information found in this article is:
ReplyDeleteThe world's largest coins were used in Alaska in 1950. At 3 feet in diameter, these 2 feet wide coins weighed 90 lbs each!
What for are also coins used for:
1.Worn in the shoe or another “safe” region of the body for good luck
2.Increase the bloom time of cut flowers by adding a copper penny to the water in your vase
Another amazing fact is:
1.Approximately 1 in every 10,000 US bills is such a good counterfeit that it's nicknamed a "superdollar".
2.13% of coins and 42% of bills test positive for unpleasant bacteria, such as fecal bacteria.
The most interesting for me was:
ReplyDelete1.$ dollar sign became from Spanish dollar sign;
2.”The United States of America” appear 12 times on 100$;
3.The first banker was in 5th century B.C.;
4. It cost around 6.2 cents to produce a bill in 2007;
5. 42% of bills test positive for unpleasant bacteria.
I think this is the most interesting article that i have read about money. The most amazing is that there are details that are unexpected referring to the use of money. For exemple : a copper penny added to the water in the vase of a cut flower can increase the bloom time, its funny, never thought.
ReplyDeleteThe fact remains the fact when the first word of "millionaire" appeared in the 1826 novel "Vivian Grey” by Benjamin Disraeli but we live in 2009, hmm, interesting.
For me always the religious temple is the church, but the first banks were considered religious temples for their security.
And another fact, for we funny is that per day are produced 30 million pennies, but per second are produced 1040 pennies.
Trivia but rather interesting facts.
ReplyDelete1.I was amazed to find out that in Japan there exist a cleaning machine for bills that heat presses each bill at 392 degrees for one-tenth of a second before its dispensed.
2.Another interesting fact is that the first records of loans, deposits, currency validation and exchange come from the 18th century (Ancient Greece).
3.Fist banks were likely religious temples because of the tight security.
4.It cost around 6.2 cents to make a U.S bill.
5.About 30 million pennies are produced each day, that’s 1040 pennies every second!
It was intresting for me to find out that:
ReplyDelete1.First banks was likely religious temples,because of their tight security.
2."Check" is derived from the game of chess.Putting the king in check means that his choices are limited.
3.The $ symbol is derived from the Spanish dollar sign.
4."Grenback" is the name of first bills.
5.To make a bill cost around 6.2 cents.