Coin ridges, initially implemented by Sir Isaac Newton, served as a deterrent against coin clipping, a practice where precious metals were shaved off coins. This innovation protected economies by ...
Price suppre ssion, market controls and market manipulation have become the modern day equivalent to coin clipping in the silver market. Monetary debasement is not a new phenomenon and has been ...
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The surprising reason why US coins have ridged edges
If you've ever held a dime or quarter between your fingers, you may have noticed the tiny grooves along its edges. These ridges, or reeded edges, are more than just a design choice. Their purpose goes ...
You’d think that after spending decades on this planet—most of those using money—I’d have a handle on pocket change. But yesterday, while cleaning out the bottom of a junk drawer, I found a ...
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