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<p>[QUOTE=&quot;chrisild, post: 254215, member: 39&quot;]The two main reasons for making coins with holes have already been mentioned: In former times, holes were useful to keep coins together on a string. Modern coins may have holes in order to save material and/or allow for different sizes. In Europe, holed coins are still issued in Denmark and Norway.</p><p><br /></p><p>There are also coins that were holed long after they had been minted. In those cases, the hole had the function of, or was combined with, a counterstamp. Think of the Australian Holey Dollars from the early 19th century, or the Norwegian øre coins from the 1920s.</p><p><br /></p><p>Bimetallic coins were originally developed and issued because they are more difficult to counterfeit. That may not really be an issue in countries where even low value denominations are issued as paper money, but elsewhere it is. Now a welcome side effect is that, as with holed coins, different coin types can be recognized more easily.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>

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