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<p>[QUOTE="Bluegill, post: 253678, member: 1748"]I have quite a few world coins that were minted with holes in the middle. This morning I was thinking about it, and I realized that I don’t know why they are made that way.</p><p><br /></p><p>One obvious possibility is that it’s a good way to have a large diameter coin but use less metal, making it less expensive. But I don’t know if that is a factor, or if it is the primary one.</p><p><br /></p><p>It also occurred to me that it may make a coin more difficult to counterfeit. Or that perhaps someone liked the idea of carrying all their pocket change on a string.</p><p><br /></p><p>And of course there are all sorts of funny reasons I came up with: So a coin would sink faster in a wishing well, or to make it whistle the national anthem if you throw it across the Potomac River…</p><p><br /></p><p>So, can anyone tell me the stated reasons why some types of coins are minted with holes? And, perhaps related, why some coins are bi-metallic?[/QUOTE]</p><p><br /></p>
[QUOTE="Bluegill, post: 253678, member: 1748"]I have quite a few world coins that were minted with holes in the middle. This morning I was thinking about it, and I realized that I don’t know why they are made that way. One obvious possibility is that it’s a good way to have a large diameter coin but use less metal, making it less expensive. But I don’t know if that is a factor, or if it is the primary one. It also occurred to me that it may make a coin more difficult to counterfeit. Or that perhaps someone liked the idea of carrying all their pocket change on a string. And of course there are all sorts of funny reasons I came up with: So a coin would sink faster in a wishing well, or to make it whistle the national anthem if you throw it across the Potomac River… So, can anyone tell me the stated reasons why some types of coins are minted with holes? And, perhaps related, why some coins are bi-metallic?[/QUOTE]
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Why mint coins with holes?
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