US Mint Bullion Arguments

My presentation is on why the pictures of American presidents are placed on money, and what the other symbols on money mean. I will also discuss why Alexander Hamilton and Benjamin Franklin are also on American money, despite the fact that they never served as President of the United States, and I will compare the symbols and portraits of Turkish lira to the symbols and portraits on the American dollar.

Did you know the first penney the u.S. has ever seen was created and produced in the year 1857? The penny we know of has been in the states for 161 years. In the year 2012 there was a proposal that the United States get rid of the penny, the least valuable coin in the money system. The penny has so little value, but cost too much to make. Although the U.S. loses millions of dollars a year to the production of pennies, American pennies should not be ceased minting because of the risk of economic changes,the piece of culture they each possess and their “ power in numbers”.

Pennies are one of America's oldest treasures, but what is ironic about this specific treasure, is that it has no wealth. America’s classic coin the penny, is beginning to prove to be a second-rate coin when it comes to its use. And though many already cherish the coin for its history, the penny proves to be completely counterproductive in today’s society. After debating of whether or not the penny should be extinguished, there is no doubt that the penny is worthless, easily replaceable, and a waste of time.

The coin I will be using is a copper penny and the three solutions are, Baking soda, Lemon Juice, Salt and vinegar. Coins are created by places called Mints, which means “Coin manufacturing facilities”. Denver Colorado, San Francisco, Philadelphia, and West Point are where some of the mint factories are located. The coin originated from 1787 where Benjamin Franklin wanted to add the penny into the currency system of the United States. The penny use to be called the “One cent Piece” but then later on was called the “penny”. Earlier in time of 1837 and to 1858 then pennies were made up of copper, a tiny bit of tin, and zinc. Later on it 1943 the pennies were made up of steel. Today, pennies are made up of complete Zinc. The one-cent coin equals

Australia, commercially would be at an advantage if contract law was codified. The common law system which contracts calls home, can only take on so many avenues and limits itself when stretched to cover new areas. There needs to be a national set of laws governing contracts on the commercial front and in general areas to overcome discrepancies across borders. However there still remains inconsistency with consumers, minors and business trade through contracts made online. The digital economy is not only one of the fastest growing areas but is forever changing and is definitely a prospect that needs to be covered. Effective legal safeguards against undue exploitation and advantage-taking in such online dealings would see Australian

As someone who grew up from another country, I personally find American coins infuriating. The fact that these silver colored coins have no numbers on them bother me, and I suppose a great number of tourists, very much. It remains a mystery to me how anyone can quickly differentiate between the dime, the nickel, and the quarter so easily. However, the copper-colored penny is special because it’s the tiniest one and also the easiest one to pick out among Uncle Sam’s coins. These days, this tiny coin has become a hot topic of debate on whether America should keep the penny or not.

Growing up, many kids had piggy banks and enjoyed collecting loose change to save up for toys. Kids would cherish even a single penny to add to their collection. However, with inflation and the increase in credit transactions, pennies are becoming ineffective. Pennies cost the government unnecessary amounts of money to produce, harshly impact the environment, and are not practical to use. Pennies waste precious taxpayer dollars every year.

In a world where the penny is abolished, when a person walks up to the checkout line to pay for a chocolate candy bar the smallest denomination coin in their pocket is a nickel. The price of the transaction could be one dollar and five cents without tax, but if the tax is included it would round to one dollar and ten cents. Customers would have replaced their pockets filled of pennies with pockets of nickels wondering if they could grow accustomed to life without the other coin. The penny, our lowest denomination coin, gives way to a controversial subject; while some may feel that out lowest denomination coin should be discontinued, it is clearly evident that the coin should be kept because it’s vital towards the stability of our economy,

When the Coinage Act announced, US had moved to ‘de facto’ gold standard. It means that they wouldn’t be buying the silver at statutory price and wouldn’t covert the silver which in the market into silver coins (although the public still using the using the silver dollar as trade dollar for the export and

Pennies have been part of the US currency for over 200 years. It’s fascinating how long these small coins have been around for. Recently, an argument has been stirred up concerning the penny and if the US should cease its production. Ceasing production would be more beneficial to the economy. It is not cost effective, it wastes taxpayers’ money, and it wastes businesses’ time and money. Therefore, the US should stop minting the penny.

The magazine was also a Market place and a stable after the revolutionary war instead of a storage unit for war equipment. The magazine shows historical significance, Relevance today, and a connection to the motto that the future may learn from the past. The magazine was a place where all the war equipment such as tents, food, muskets, and pistols were stored in the revolutionary war, people can still go inside and tourist can learn so much about the military back then. It also sparked the revolutionary war. That is why it is perfect to be minted on a commemorative coin.

You’re welcome! In my opinion the second statement that states, “The U.S. Treasury should stop minting pennies, would be a better choice to build a persuasive essay.

Which one, the dollar metal coin or the dollar paper bill? Is one form of the dollar better sufficient for the environment? Billions of coins and bills are used every day in the U.S and the production of this system of money is generating risks to the environment. The coin and the bill have different attributions to the environment, the cycle to produce a single coin/bill requires various materials and processes. The one dollar metal coin is “greener” than a one dollar paper bill, the dollar coin is fitter for the economy and the environment as the coin has several advantages over the dollar bill. The coin benefits more the environment as it damages less and last more than a bill. The average dollar coin would stay in circulation for 30 years,

During the trip, I learned some more interesting facts that I did not know beforehand. When Ms. Mace walked us over to the board of the many different types of currencies, I learned about the many different types of currency used before eventually converting to the dollar bills that are used today. For example, I learned that the first widely used currency in the Americas was the Spanish real. Another type of currency that I had no previous knowledge about was the local currency issued by the local banks between the 1800s and 1900s. According to Ms. Mace, several national banks across the U.S. during that time had actually issued their own local currency that was used as legal tender. This was interesting to me since I had always believed that the U.S. had only used one national currency that just evolved over time into what it is today. Another interesting fact that I had learned during this discussion was that the highest denominated dollar bill was a $100,000 bill. This was just an interesting fact that caught my eye during this trip.

Kornell Arias Student ID: 22441301 38 Beacon Bay San Antonio TX, 78239 Coins Collector I have a particular hobby that some people think is unusual: I collect coins. It can be view as a weird hobby. I thought it was all my strange life. When I saw people walking in the park with a metal detector looking for coins, I contemplated internally. "For what reason would anybody squander their opportunity doing something that boring?” I had also heard that people could ridiculously spend millions of dollars on one coin.