Why dimes, quarters, halfs, dollars, etc. have reeded edges
I found this answer to be interesting, so I wanted to post why the coins above (and the like) have reeded edges...
When they were made of silver, people would shave the edge of a coin, thus taking away some of its base-metal value. Since this wouldn't be detected, reeding was added. If a coin with a reeded edge had a smooth one instead, someone receiving payment would know that they were being slightly short-changed...
Even though we got rid of our precious metals in coins, the edges have stayed the same because of tradition.
Jeremy, from school
When they were made of silver, people would shave the edge of a coin, thus taking away some of its base-metal value. Since this wouldn't be detected, reeding was added. If a coin with a reeded edge had a smooth one instead, someone receiving payment would know that they were being slightly short-changed...
Even though we got rid of our precious metals in coins, the edges have stayed the same because of tradition.
Jeremy, from school

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Cameron Kiefer
K S
It is also tradition/customary as I was told...
Numismatics 101?
I (sort of, anyway) sincerely hope that your comment "I've read that it also helps the sight impaired identify coins" was in no way a reference to professional graders
<< <i>Hmm, so is that what they are teaching kids in school today?!! Numismatics 101?
Actually, I learn that I need to get to a computer fast during study hall so I can type these school-related posts
I don't think vending machines check the edge to determine if a coin is legitimate. I think they check its electromagnetic signiture.
I believe that U.S. twenty cent pieces do not have a reeded edge (someone else who knows for sure can corrrect my statement if it is an error.) I recall twnety cent pieces were given a smooth edge to help differentiate between them and a quarter.
Also, a whole bunch of patterns, the "Standard Silver Series" issued in 1869 and 1870 have a plain edge. These patterns were issued in various designs. Each design was issued in three different types of metal (silver, copper, and aluminum) and each metal/design type was issued with a reeded edge and with a plain edge.
Mark
<< <i>Your right. The process of shaving off the pieces of silver was known as "clipping" the coins.
Cameron Kiefer >>
The historical term for shaving small amounts of precious metal from the edges of coins to cheat the next owner is "chiseling".
A person that did it was known as a "chiseler".
The term "Chiseler" is still used to describe someone who cheats someone else.
Chiseler.
Look under historical notes.
Ray
20 cent pieces don't have a reeded edge.
Check out the Southern Gold Society
(For the lettered edges on the Saint-Gaudens coins they used a segmented collar that broke apart and retracted after each strike.)
What an odd contraption. Any other coins that have such a complex manner of striking the edge?
One of the greatest reasons for applying edge lettering (or reeding, for that matter) was to discourage the widespread practice of 'scraping' of precious metal from the edges of coins in circulation. Unscrupulous merchants would often scrape a little silver (or gold) from the edge of each coin that passed through their hands, eventually accumulating a nice little cache of valuable metal. If the coin edge had lettering or reeding, this would be immediately evident to anyone receiving the coin in commerce. Of course, once all precious metal was removed from our coinage, and we began using fiat money, this was no longer a problem. But that is a discussion for another thread, and another day.
The Coinage Act of 1965 should have scrapped reeding on the dime and quarter straight away when clad composition for circulation coins was introduced that year, and then reeding eliminated on the half dollar in 1971 when it also went to c/n clad. But no.............the illusion continues. We all live in a fantasy world you know!