Test your coin knowledge

09sVDB

Today's MSN home page has a story about "testing your coin knowledge" with a link to articles on coin collecting if anyone is interested.

ClarkOfKent

For anyone having trouble finding it... it's under What's Your Money IQ?

kranky

Just enough currency questions in there to keep it from being a breeze!

ClarkOfKent

The really sad part is.... I got all the currency questions right

coppercoins

8 of 9 here. I didn't know how long a ten spot lasts.

fcloud

Ditto, Coppercoins.

I miss the 10 spot.

Spinynorman

They only last two years around here...

Conder101

8 out of 9 but I think #1 is a trick question. They ask which coin is most widely USED. They produce more cents but I would think the quarters are used more. Most cents are used only once or twice before they end up rotting in a can somewhere.

andy007

9 out of 9, thanks for the link

kieferscoins

8 out of 9. Missed the how long currency circulated question.

Cameron Kiefer

pmh1nic

I missed the survival of the $10 bill. I guess I missed it because I've heard the 18 months stated for the $1 bill and guessed 2 years for the $10.

nwcs

Interesting, let's see how I do...

Argh, got 8/9. I need to go to Remedial Coin Shop 1A after work! Didn't know how long a $10 stayed in circulation. I knew that $1 stayed around 14-18 months. Also, isn't the fugio the first coin minted under the Constitution (was minted in NY, right?)? I think it is. So their answer of 1793 may not be correct. But since I have to go to class again, I suppose I'm wrong here, too.

cladking

So many of the questions are wrong I didn't even try it.

Mrpawn

8 for 9

darn pennies, cents, coppers or whatevers

we need a new 2 cnt coin

Jr

relayer

7 out of 9

merz2

Now I am to say my score.6 of 9.I thought #1 was a trick question.My answer was quarter.

Cam40

lol.This is funny.I too missed only the `how long does a $10 bill last` question.
Alot of us missed only that one question.Interesting.BTW I said`One Year` on that question.

coppercoins

I said one year on the $10 bill question too...I guess we have to remember that the $1 and $20 are the workhorses, the $5 and $10 are used mainly to give change. Think about it...unless you specify otherwise, when you draw $100 from a teller they give you $20 bills...when you take $40 from an ATM, two $20s are spit out....but the idea that any note generally spends three years moving around does seem a bit odd.

Question #1 is wrong. More cents are produced and more are distributed to banks, but the quarter is by far more used...again, think about change and vending machines...machines don't accept cents, they only accept the larger stuff...when you ask for change for a dollar, they would usually give four quarters, not 100 cents. Again, the cent is used only to give change, and as stated before, they are rarely reused.

So let's challenge them! Let's make them give sources for their answers!

fantasiize

7 out of 9 and I the two I missed were both coins ... off to the currency boards ...

MastaHanky

I missed the first one - I agree that quarters are more widely used than pennies. But oh well. Got all the other ones right.