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Continental currency 1/3-dollar note (obverse), with the inscriptions "Fugio" and "Mind your business".. On April 21, 1787, the Congress of the Confederation of the United States authorized a design for an official copper penny, [3] later referred to as the Fugio cent because of its image of the Sun and its light shining down on a sundial with the caption, "Fugio" (Latin: I flee/fly, referring ...
The Greek phrase πράσσειν τὰ ἴδια, appearing in St. Paul's first letter to the Thessalonians, is usually translated as "mind your own business". [1] [2]The first coin that was minted and officially circulated by the United States, the Fugio Cent, displays the words “Mind Your Business” on the obverse.
Slang terms for money often derive from the appearance and features of banknotes or coins, their values, historical associations or the units of currency concerned. Within a language community, some of the slang terms vary in social, ethnic, economic, and geographic strata but others have become the dominant way of referring to the currency and are regarded as mainstream, acceptable language ...
If the mint mark is missing, it means the coin is rare and can fetch a lot of money on the collector’s market. Planchet errors: Planchets are the round, blank pieces of metal used to make coins.
In many countries, the issuance of private paper currencies and/or the minting of metal coins intended to be used as currency may even be a criminal act such as in the United States (18 U.S. Code § 486). [1] Digital cryptocurrency is sometimes treated as an asset instead of a currency. Cryptocurrency is illegal as a currency in a few countries ...
$1 scrip coin from Peerless Coal & Coke Co., Vivian, West Virginia. There was no uniform design, but each coin generally identified the location of the coal company town and predominantly featured the words "non-transferrable" to communicate to recipients it could not be transferred for U.S. currency. [12]
President-elect Trump has launched his own crypto token called Trump coin. In less than 24 hours, the coin has had a 12,000% gain and has seen billions in trading volume.
The origin of the word "mint" is ascribed to the manufacture of silver coin at the temple of Juno Moneta in 269 BCE Rome. This goddess became the personification of money, and her name was applied both to money and to its place of manufacture. Roman mints were spread widely across the Empire, and were sometimes used for propaganda purposes.