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<p>[QUOTE=&quot;ErolGarip, post: 2839246, member: 88736&quot;]After coin &amp; its math, now,&nbsp; Coin &amp; Economy... </p><p>(The U.S. as an example. Can be extrapolated to the World roughly multiplying total figures by 20, world population is 20 times more than that of the US.) </p><p><br /></p><p>I found this on the net: <a href="https://www.creditloan.com/media/ve-coin-circulation.png" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.creditloan.com/media/ve-coin-circulation.png" rel="nofollow">https://www.creditloan.com/media/ve-coin-circulation.png</a> which shows coins in $ value to the date 2009 .</p><p><br /></p><p>And, unit weights of coins everywhere on the net: </p><p>cent: 2,5 grams</p><p>nickel: 5 grams </p><p>dime: 2,27 grams</p><p>quarter: 5,67 grams </p><p>half: 11,34 grams</p><p>dollar: 8,1 grams</p><p><br /></p><p>Lets do some math now using these weights and total values in the chart in that link.</p><p><br /></p><p>Cent - 2.5 grams/pcs x 1,65x100 trillion pcs = 412,5 million kg</p><p>Nickel - 5 grams/pcs x 86,64x20 million pcs = 8,88 million kg.</p><p>Dime - 2.27 grams/pcs x 146x10 million pcs = 3,32 million kg.</p><p>Quarter - 5.67 grams x 379,12x4 million pcs = 8,60 million kg.</p><p>Half Dollar - 11.34 grams x 3,54x2 million pcs = 0,08 million kg.</p><p>Dollar - 8.1 grams x 322,98x1 million pcs = 2,62 million kg. </p><p><br /></p><p>Total $: $2,585 trillion.</p><p>Total qty: 170 trillion pieces. </p><p>Total weight: 436 million kg or 960 million lb (i.e. about 20,000 trucks... about 400,000 trucks in the world.)</p><p><br /></p><p>Average face value of (imaginery) coin = total $ / pcs = 2,585/170 = 15 cents approx.</p><p>Average weight of (imaginary) coin: total weight / total pcs = (436 / 170)/1000 = 0,00256kg = 2,56 grams approx. (5,63 milli-lb, 0,00563lb)</p><p><br /></p><p>Value effect of 1cent coins in total value: $1,65/$2,585 trillions = 64% approx. </p><p>Qty effect of 1cent coins in total qty: 165/ 170 = 97% </p><p>Weight effect of 1cent coin in total weight: 412,5/436 = 95%</p><p><br /></p><p>So, 1cent had dominated in every aspect, EXCEPT its value. </p><p>The balance value of all coins pre-2009 is around 15 cents and this is a result of that people had tried to get rid or escape away of 1cent and arrived at 15 cents, a balance coin value they had danced around... This is the reflection of economy on the coins... </p><p><br /></p><p>Comparing 1cent to 15cent, it is too much difference...? </p><p><br /></p><p>Ps: total coin value in $ is around 1% of all money forms (coins and paper moneys). So, balance coin value 15cents, i.e. $0,15 is 0,15% of 1% = 0,15% coin effect in Total currency and 99,85% is paper money effect. So, 99,85 of 100 is considered important, rounding it to 100 is not acceptable by people, but, for same people, 99,84 or 99,86 of 100 does not matter, either of them is acceptable... Is this how the business/economy works?...&nbsp; Economy is turning around this balance coin value, 15 cents... And, although 97% of circulating coins are 1cent coins nobody has 1cent coin in their pocket... Isn&#039;t this strange...?[/QUOTE]</p><p><br /></p>

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