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American currency is dumb

So the [b]penny[/b] comes directly from our ties to the British, which used to have a coin of the same name. Their coin actually got its name from a Germanic coin called the 'pfennig', which roughly translates to meaning just 'money'.

The [b]nickel [/b]was named for the metal it's made with, even though the nickel is actually 3/4s copper.

The [b]dime[/b] comes from the Old French word 'disme', which literally translates to 'one-tenth'.

The [b]quarter[/b] follows the same principle as the dime, except it's now in a different language. A quarter means exactly what it represents: 1/4 of a dollar.

The [b]half dollar[/b] continues the trend of reminding us how fractions work, and it also continues the trend of American money having no f*cking consistency whatsoever. Why is a quarter just called a quarter, but a half dollar has to specify that it is half of a dollar?

When someone asks for a quarter, it's implicitly assumed that they mean the coin. They're not asking for lodging, they're not asking 1/4 of your sandwich, they're not asking for someone to be pulled apart by horses. They just want the coin. If you asked someone for a half, they'd be like: [i]half of what?[/i]

[b]Bonus facts: [/b]It currently costs about 2.1 cents to make a 1-cent penny and about 8.5 cents to make a 5-cent nickel. At least the rest of our coins are profitable
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SunshineGirl · 36-40, F
All sounds good to me. We still have pennies in the UK (and the commodity cost is less than the face value). Our currency was originally based on the value of silver (sterling), but royal governments used to 'clip' coins (cut out small pieces) to fund their wars, so they eventually became no more than the tokens they are today.
TinyViolins · 31-35, M
@SunshineGirl The more you know. I read up on it briefly and thought it went extinct due to decimalization. It sounded like it would've been frustrating to live through.

The history of currency is interesting because so much of it is tied to wars. It's a similar story here in the states when the Civil War broke out. Seems like needing to pay soldiers has done more to modernize and centralize currency than anything else
SunshineGirl · 36-40, F
@TinyViolins It happened at around the same time the UK was preparing for membership of the European Economic Community (now the European Union). Both measures were pushed through by a progressive conservative government amidst a fair amount of support and optimism. But yes, some people never really accepted metrification and unfortunately the issue became conflated with opposition to European unity. They replaced all the coins, including some very attractive ones that people had affection for. The penny used to be a large coin, now it's about a third of the size (and I haven't seen one for years as I've mainly gone cashless since Covid).