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Coins with lowest face value? US=half cent?
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<p>[QUOTE="cladking, post: 30768, member: 68"]A brand new 2005 cent has far less value than the half cent did. Indeed it was possible to eat for a day for about half a cent at that time. Today there is nothing which can be bought with a cent and the nickel is coming to the end of its utility. You can still get a package of dried noodles for a dime. About the least required to eat for a day is close to a dollar. </p><p><br /></p><p>As worthless as the cent is, there are much less valuable coins circulating in other countries. While its rarely actually used and in the process of being withdrawn from circulation the Indian 1 Paisa is technically legal tender. It takes about 18 of them to equal a cent. There are probably less valuable coins around. </p><p><br /></p><p>Most all world coins are no longer legal tender. The US has a tradition of keeping most coins legal tender but this is not true through most of the world. Coins are destroyed by inflation or simply demonetized. Frequently they are recalled and exchanged for new coin. It's not even unusual for them to be counterstamped for use as another denomination or in another place. Most currencies do not last long and lose their legal tender status.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 30768, member: 68"]A brand new 2005 cent has far less value than the half cent did. Indeed it was possible to eat for a day for about half a cent at that time. Today there is nothing which can be bought with a cent and the nickel is coming to the end of its utility. You can still get a package of dried noodles for a dime. About the least required to eat for a day is close to a dollar. As worthless as the cent is, there are much less valuable coins circulating in other countries. While its rarely actually used and in the process of being withdrawn from circulation the Indian 1 Paisa is technically legal tender. It takes about 18 of them to equal a cent. There are probably less valuable coins around. Most all world coins are no longer legal tender. The US has a tradition of keeping most coins legal tender but this is not true through most of the world. Coins are destroyed by inflation or simply demonetized. Frequently they are recalled and exchanged for new coin. It's not even unusual for them to be counterstamped for use as another denomination or in another place. Most currencies do not last long and lose their legal tender status.[/QUOTE]
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Coins with lowest face value? US=half cent?
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