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Q: Why did the US government put grooves on coins?
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What part of the government produces the coins?

The US Mint, which is part of the Department of the Treasury, produces US coins.


Who owned ALL US coins ever minted?

The United States Government


Who is authorized to make coins in the US?

The Federal Government makes coined money in the U.S.


How many grooves are on the US dime?

The grooves are called Reeds. Dimes have 118 of them, Quarters have 119. And Half Dollars have 150.


What years did the US government produce half-cent coins?

Half Cents were produced by the US Mint from 1793 through 1857.


Who mints the one dollar gold colored coins?

If you mean the US one dollar coins in circulation, it's likely the United States government strikes them.


Why are there grooves on a quarter?

The grooves are called "reeding" and are a holdover from the days when coins were made of silver. Before reeding was introduced, criminals would scrape the edges of silver coins, removing a small amount of metal from each one until they accumulated enough to sell, a practice called shaving. Edges were reeded to make it easier to detect when a coin had been shaved. Today many countries, but not the US, use distinctive patterns of reeding on the edges of their coins to make them distinguishable by touch which helps people with visual impairments.


When did the us government start making mint sets of coins?

1947 is the first year for Mint Sets.


What does the us mint produce?

The US Mint produces circulating coins, commemorative coins, and bullion coins for the United States.


What is the value of a 1776-1976 US gold colored dollar?

The gold plated Bicentennial coins dual dated 1776-1976 were plated out side of the mint and not issued by the Us government they are novelty coins and have little or no collectible value.


Does the US government charge banks more than face value for coins?

No. A dollar is a dollar between banks and the Treasury.


When was steel put in coins?

During World War II, almost all copper production in the US went into making munitions. The US Mint used steel to make one-cent coins (pennies) in 1943.