30 Interesting Money Facts
- The first paper money was made in China over 1,000 years ago.
- The first coins were minted around 2500 years ago.
- The U.S. dollar is the most commonly used currency in the world.
- Money is made in factories called mints.
- There are more than 1.6 million ATMs in the world.
- The United States officially adopted the dollar as its unit of currency in 1785.
- The first U.S Mint got its power from Harnessed horses to print the money.
- The Romans were the first to stamp the image of a living person on a coin.
- The study or collection of money is called “numismatics”.
- Martha Washington donated her own silverware to make the first U.S currency.
- More Monopoly money is printed each year than actual money.
- Some countries share a currency. For example, countries in Europe all use the Euro.
- The only woman to have ever appeared on a U.S. currency note was Martha Washington.
- Between 1942 and 1945 nickels didn’t have any nickel in them. The coins were 9% manganese, 56% copper and 35% silver.
- In 1920, credit cards were first used in the United States.
- The Massachusetts Bay Colony became the first to make coins in 1652.
- The largest bill ever printed was a $100,000 gold certificate issued in 1934.
- The International Space Station is the world’s most expensive object ever built at US$150 billion.
- The Icelanders use debit cards and credit cards more than any other country in the world.
- The first Bitcoin transaction was to buy a pizza for 10,000 Bitcoins.
- The country with the worst inflation in the world is Zimbabwe.
- The average American family carries a credit card debt of $8,000.
- Tea bricks were used as money in Siberia until the WW2.
- Queen Elizabeth II holds the record for appearing on more currency than any other person.
- The Philadelphia facility is the largest mint in the world.
- Over 170 different currencies are used around the world today.
- One of the most expensive coins in the world is the 1913 Liberty Head nickel.
- Early Romans used salt as a form of money. Even the word “salary” derived from sal, which means “salt” in Latin.
- There are three ways by which Governments can get money: 1) print it, 2) borrow it, or 3) collect taxes from their citizens.
- Abraham Lincoln was the first American to be pictured on an American coin in 1909.
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