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  1. #1
    5 Star Lounger Ruff_Hi's Avatar
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    Which is Better?

    Ok, here is one for the ages and I expect this thread to run and run.

    Which coin system is better? And why?

    USA - 5c, 10c, 25c
    Rest of World - 5c, 10c, 20c, 50c
    (Location Australia, then UK, but now USA. Heart, outlook, attitude, etc always Australian)
    Quote: "All Happiness is the release of internal pressure"

  2. #2
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    Re: Which is Better?

    Rest of the World?
    Not quite the rest of the World - for the UK coins currently in circulation are: 1p, 2p, 5p, 10p, 20p, 50p,

  3. #3
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    Re: Which is Better?

    If you compare the minimum number of coins that are required to make up values from 5c to $1, then the coinage system of the rest of the World is better.
    Only values of 25c or 35c require fewer coins in the US system, 7 values require the same number of coins but for 11 values the rest of the World requires fewer coins.

    Another view is that the US system is better as it has fewer denominations of coins making it is a simpler system.

    <img src=/S/whisper.gif border=0 alt=whisper width=29 height=17> This is where somebody steps in and says your calculations are wrong

  4. #4
    5 Star Lounger Ruff_Hi's Avatar
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    Re: Which is Better?

    Ok, 'rest of the world' was a bit of a stretch. I was trying to exclude coins below 5c as some countries (Australia) have removed them from circulation - and also limit it to coins below the $1 (pound, etc) because some countries don't have them.

    One question that stumps me - why is the US 10c piece smaller than the US 5c piece (not to mention which is the dime and which is the nickle)?
    (Location Australia, then UK, but now USA. Heart, outlook, attitude, etc always Australian)
    Quote: "All Happiness is the release of internal pressure"

  5. #5
    WS Lounge VIP sdckapr's Avatar
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    Re: Which is Better?

    <hr>obviously from the metal nickel, although it is not the primary "ingredient" of this coin (copper is).<hr>

    They were originally called "half dismes" (dismes later became dimes) and contained no nickel: they were mostly silver.

    Steve

  6. #6
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    Re: Which is Better?

    > why is the US 10c piece smaller than the US 5c piece?

    That is not uncommon; the Euro 5 cent coin is also larger than the 10 cent coin - see Euro coins. In the former Dutch currency, before the advent of the Euro, the difference between 5 and 10 cent coins was even more pronounced - see here (site in Dutch)

    > which is the dime and which is the nickle?

    dime = 10c. etymology: Middle English, tenth part, from Old French disme, from Latin decima (pars), tenth (part), from decem, ten.
    nickel = 5c, obviously from the metal nickel, although it is not the primary "ingredient" of this coin (copper is).

  7. #7
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    Re: Which is Better?

    <hr>nickel = 5c, obviously from the metal nickel, although it is not the primary "ingredient" of this coin <hr>The original Australian (round) 50

  8. #8
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    Re: Which is Better?

    And there was a time when the US penny (1
    - Ricky

  9. #9
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    Re: Which is Better?

    Well, I think it has here in <img src=/S/flags/Switzerland.gif border=0 alt=Switzerland width=18 height=18>.
    We have;
    Coins; 0.05, 0.10, 0.20, 0.50 (which is the same size as 0.05 but silver coloured), 1.00, 2.00, 5.00.
    other than the 50 centime/rappen coin they are all progresively larger in size.
    Notes; ... 10, 20, 50 100, 200, 1000 (which is equal to $785.18)

    We used to have a CHF500 note but it was withdrawn, and replaced by a CHF200.

    There is a (urban legend) story of a lady, who goes into a Swiss post office (which has banking functions as well) and asks them to 'break' a CHF1000 note for smaller notes. The clerk, obviously affronted, says - "Hey Lady, we are not a bank". "Oh", she says "Can I buy a 0.50 postage stamp". "Of course" says the clerk as he gives her the stamp and 999.50 change.

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    5 Star Lounger
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    Re: Which is Better?

    Tim,
    Have you noticed - everywhere else puts the numeric value on the coins, but the 'merkins only use words; penny, nickle, dime, quarter (not sure what the use for $0.50, but you don't see many of those, outside of Nevada).

    Why? It just makes it difficult for us foreigners!

  11. #11
    WS Lounge VIP sdckapr's Avatar
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    Re: Which is Better?

    <hr>not sure what the use for $0.50<hr>

    Fifty-cent piece

    Shows how much it is common circulation or we would have named it <img src=/S/grin.gif border=0 alt=grin width=15 height=15>

    Steve

  12. #12
    5 Star Lounger Ruff_Hi's Avatar
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    Re: Which is Better?

    I've been slowly forced to change my vocab to suit the locals (no more "surname", "jumper", "fortnight", etc) but I just cannot get a handle on the dimes and nickels. Quarters are ok because that is fairly obvious but if people ask me for a dime or a nickel, I ask if they are after a 5c or a 10c piece. To me a dime is a swedish lollie (or sweet if you like) - caramel with a chocolate covering.
    (Location Australia, then UK, but now USA. Heart, outlook, attitude, etc always Australian)
    Quote: "All Happiness is the release of internal pressure"

  13. #13
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    Re: Which is Better?

    What's a jumper?

    Becky

  14. #14
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    Re: Which is Better?

    The sheep in your userpic is wearing a jumper.

  15. #15
    4 Star Lounger
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    Re: Which is Better?

    If you ask for a jumper in the US, you might get a strange look. It's a sort of dress that is usually worn over a shirt. Most of the time they are worn by little girls, but they are made in adult sizes, as well. See the attached picture for an example.

    Becky

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