sean.mcgrath wrote: ↑
Thu Jan 16, 2020 6:28 pm
grayfox wrote: ↑
Thu Jan 16, 2020 3:39 pm
I have a 5 Norwegian Kroner and 1 Kroner. They have holes.
Usually I am quite disciplined about keeping a thread on topic. However, given the extent to which this one has veered (or possibly due to a very nice port that I have unbottled tonight with my wife), one more side comment:
US currency is the only one I am aware of (and I travel widely), that give no useful information in digits on their coins. "One cent and five cents" are bad enough if you don't read English. But really: "one dime????" In fact, my French and Latin are not terrible, but really??? And "quarter dollar." Most countries put a 1, 5, 10 and 25 on their coins ("most" meaning "all but one," as far as I am aware). And you are complaining about holes in coins?
Disme or dime meant a tenth. Are you asking how U.S. money is denominated? I will explain.
U.S. Money was set up as a decimal system. There are five units, and the unit of account is the dollar. The units are eagle 10x, dollar 1x, disme or dime 1/10, cent 1/100, mille 1/1000. There can be whole, halves and quarters of each unit. So the coins were:
eagle $10, half eagle $5, quarter eagle $2.50 (Gold)
dollar $1, half dollar $0.50, quarter dollar $0.25 (Silver)
dime $0.10, half dime $0.05 (Silver)
cent $0.01, half cent $0.005 (Copper)
After they discovered Gold in California in 1849, they added the Double Eagle $20
Milles were mostly used for calculating taxes. They were sometimes made from a cheap material, even paper. Gas stations often show prices down to one mille. 29-9/10 cents per gallon
This was set up in 1792 when the British were using pounds, 20 shilling per pound, 12 pence per shilling. The decimal system was simpler.
Most Americans are probably unaware of eagles and milles.
Sic transit gloria mundi. [STGM]