this post was submitted on 02 Jan 2024
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Today I Learned

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[–] [email protected] 67 points 10 months ago (5 children)

Surprising that any nation’s currency would be magnetic. Coins are usually made of brass, zinc, copper, silver, etc.

[–] [email protected] 48 points 10 months ago (1 children)

Steel is cheap. Copper, zinc, nickel, brass and especially silver are rather expensive.

Many world coins up to about 10-50c are steel plated copper or similar.

Most of the world considers it unacceptable to have a coin that costs more to manufacture than it is worth, let alone have just the raw materials cost that much. Smaller coins have often been simply removed.

In the US, on the other hand, apparently the zinc industry is able to force the continued expensive existence of the penny.

[–] [email protected] 7 points 10 months ago (3 children)

The issue with the penny is that they have a powerful lobby. Not many people care enough about them to write their representatives about the issue. Let alone even email them.

Not sure what's keeping the $1 bill around though.

[–] [email protected] 11 points 10 months ago (1 children)

Strippers still make bank on dudes slipping a dollar in their g-string.

[–] [email protected] 3 points 10 months ago (3 children)

Dollar coins could make for a lucrative show.

[–] [email protected] 5 points 10 months ago

My mom once told me a story.

Back in her college days, which would have been in like.. idk the 70s? She and her catholic college girlfriends would donate blood and go drinking, because the smaller volume of blood made them get drunk faster.

They would then go to the male dancer strip club, and put quarters in the dancers g-strings to see if they could make it fall down.

She never said whether they succeeded or not..

But coins as tips for dancers are banned in clubs now because they are a major falling hazard. Especially for dancers in nosebleed heals with little ground-contacting surface area. You’ll definitely get tossed out of you try it

[–] [email protected] 3 points 10 months ago* (last edited 10 months ago) (1 children)

I no joke had a stripper respond to me saying I’m out of dollars by saying ‘oh it’s ok honey you can make it hail’

She was hilarious

[–] [email protected] 1 points 10 months ago

So in Alberta its a common game for the stripper to hold a shot glass or similar in her buttcheeks or in front of her pussy and have people try to get Toonies in the glass (2$ coin, lower values will get you kicked out eventually) winners are rewarded with a fridge magnet or poster with her image.

[–] [email protected] 7 points 10 months ago (1 children)

Single dollar bills are actually useful?

Compare the last time you've used pennies for .57c vs. dollars for $7

[–] [email protected] 8 points 10 months ago (1 children)

Most of the rest of the world moved the roughly $1 to $2 values to coins rather than bills/notes.

[–] [email protected] 0 points 10 months ago (2 children)

Wait so do people actually try to slip loonies into strippers' thongs? How does that work?

[–] [email protected] 2 points 10 months ago

K, here's a fun bit of culture for you friend.

First of all our strippers get naked on stage so that thong comes off pretty quick into the show. Just kinda putting/tossing the money on stage is typical for the stage show, with private dances being paid in tips hand to hand and brought to a back room.

Now I believe this next bit is specific to Alberta so don't try it elsewhere.

It's a common game for the stripper to hold a shot glass or something similar in her buttcheeks, in front of her pussy etc while guests try to toss Toonies (2$ coin, lower amounts will get you various amounts of kicked out) into the glass. With patrons who get their coins into the glass being rewarded with posters or fridge magnets or something of the sort. Then when she's done either her or some poor janitor lad will grab a magnet on a stick thing and sweep up the coins for her take home. Usually good fun.

[–] [email protected] 2 points 10 months ago

For the authentic US experience, I've heard some clubs print their own $1 house currency, which the ATMs/bar staff sells.

I'm sure the strippers would love to be paid in fivers, though.

[–] [email protected] 4 points 10 months ago
[–] [email protected] 11 points 10 months ago* (last edited 10 months ago) (1 children)

I've noticed that euro coins rust in pools and ponds. Not green copper oxidize, but red iron rust

[–] [email protected] 11 points 10 months ago (1 children)

It looks like only the 1, 2, and 5c Euro coins contain steel.

[–] [email protected] 7 points 10 months ago

Could be. I meant euro as in the currency. Wishing well pools and ponds—wherever people throw coins—end up a rusty mass. It's hard to tell where it's coming from

[–] [email protected] 5 points 10 months ago

UK lower value coins (1p, 2p, 5p, 10p) are steel (depending on when they were made) coated in something else.

The higher value coins are not. I assume it's a cost thing.

[–] [email protected] 2 points 10 months ago (2 children)

Which coins are made of silver? That would be mad.

[–] [email protected] 13 points 10 months ago (2 children)

US quarters were prior to 1965

[–] [email protected] 8 points 10 months ago (1 children)
[–] [email protected] 5 points 10 months ago

I'd forgotten that actually but you're right... I'm always on the lookout for the quarters... Maybe now I'll remember to keep an eye out for the dimes, too.

[–] [email protected] 3 points 10 months ago

They were worth a fair bit more than quarters these days. Good to know though!

[–] [email protected] 3 points 10 months ago

The first year Australia made 50 cent coins they were made of some? Silver. The next year they changed the metal used and shape. Roughly speaking a 1966 50c coin is worth $15 in silver.

[–] [email protected] -4 points 10 months ago (1 children)

Coins haven't been made of those for a long time. It's steel.

[–] [email protected] 4 points 10 months ago

I don't think the US uses steel