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Fun Facts About US Coins

Beecher, Illinois (November 21, 2012) – How much does it cost to make money? Why do some coins have ridges? Here are some fun facts about U.S. coins: (Sources: usmint.gov; federalreserve.gov; moneyland.time.com)

    • In 1893, Queen Isabella of Spain became the first woman to be featured on a U.S. Commemorative coin.
    • Paul Revere's metals company once supplied the Mint with rolled copper for the production of early cents.
    • Sacagawea, the Shoshone Indian featured on the $1 gold coin, was only 15 years old and six months pregnant when she joined Lewis & Clark's arduous expedition from the Northern Great Plains to the Pacific Ocean and back. .
    • In 1909, President Lincoln appeared on a one-cent coin and became the first real person—as well as the first American president—to have his face appear on a regular-issue American coin.
    • In the 1700s, it was pretty easy to print money that looked real. But Ben Franklin hit on a good idea in 1739: He cast real leaves in lead and called it the "nature print." He kept the process so secret that no one figured out how he did it until the 1960s.
    • The nickel is the only U.S. coin that is called by its metal content—even though it currently contains only 25% nickel. The rest is copper.
    • Since 2006, the penny and the nickel have both cost more to make than their face value due to the rising cost of the raw materials used in their production.
    • Originally made from precious metals (gold and silver), higher value coins like the dime, quarter, half-dollar and dollar were eventually given grooved ("reeded") edges to deter counterfeiting. Although none of the coins currently produced for circulation contain these precious metals, the continued use of reeded edges on current circulating coinage of larger denominations is useful to the visually impaired. For example, the ten-cent and one-cent coins are similar in size; the reeding of the ten-cent coin makes it easily identifiable by touch.

Coin collecting is a fun and educational hobby for people of all ages. There are many kinds of collector coins available at First Community Bank and Trust that make great holiday gifts. Stop in either location and see what we have for your favorite numismatist.

About First Community Bank and Trust
First Community Bank and Trust is a privately owned bank. Established in 1916 First Community Bank and Trust has been serving Beecher, IL, Peotone, IL and the surrounding communities for over 95 years. Our commitment to providing the best banking products and services is matched only by our outstanding customer service. We offer traditional community banking services, including mortgage, consumer, and commercial lending, as well as state of the art electronic banking services.

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Press Contact:
Steven D. Koehn, VP
First Community Bank and Trust
(708) 946-2246