Where do adjectives the frail coins budge?
The penny and 2p (still in circulation now) come out in 1971, but you just about see any 1971 coins these days. Howcome? Do undermined ones get taken out one by one and replaced? How does the Royal Mint know how lots more need making respectively year? Can anyone point me to any resources where I can cram more about coin circulation?Answers: If it is resembling the US, the banks return the "ragged" money to the mint... and explicitly how it is taken out of circulation.
But I also suspect that much of that money is just lost... and that is to say why we can still can come across a Roman coin now and later.
Old money are taken out of circulation by Banks and confiscated. A percentage will still remain in some owners possession.
Are nickels made out of lead?
Answers: theyre made of nickel.
Link #2 below is best.
NO.
Coins minted from 1942 to 1945 did not contain any nickel content because the United States Mint used a special wartime alloy consisting of copper (56%), silver (35%) and manganese (9%).
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Denomination Cent Nickel Dime Quarter Half Dollar Presidential $1 Golden Dollar
Composition Copper Plated Zinc
2.5% Cu
Balance Zn Cupro-Nickel
25% Ni
Balance Cu Cupro-Nickel
8.33% Ni
Balance Cu Cupro-Nickel
8.33% Ni
Balance Cu Cupro-Nickel
8.33% Ni
Balance Cu Manganese-Brass
88.5% Cu
6% Zn
Zn, 3.5% Mn
2% Ni Manganese-Brass
88.5% Cu
6% Zn
3.5% Mn
2% Ni
Weight 2.500 g 5.000 g 2.268 g 5.670 g 11.340 g 8.1 g 8.1 g
Diameter 0.750 in.
19.05 mm 0.835 in.
21.21 mm 0.705 in.
17.91 mm 0.955 in.
24.26 mm 1.205 in.
30.61 mm 1.043 in.
26.50 mm 1.043 in.
26.5 mm
Thickness 1.55 mm 1.95 mm 1.35 mm 1.75 mm 2.15 mm 2.00mm 2.00 mm
Edge Plain Plain Reeded Reeded Reeded Edge-Lettering Plain
No. of Reeds N/A N/A 118 119 150 N/A
Why do companies focus on Volume growth? Isn't it more important to focus on margin!?
Answers: Great question! The bottom line is margins pay the bills. However, in most cases, you must create a sale to make a margin. If companies get too volume oriented they often sacrifice margin and if they get too margin oriented they sacrifice growth. The key is balance...and in business school terms, profit for a company is maximized when marginal cost = marginal revenue. The tough thing is figuring out the marginal cost and the marginal revenue.