If it is a normal everyday standard issue One Pound coin, I cannot explain the hole other than to suggest that somebody must have drilled the hole and used the coin as a pendant.
It is the practice of many people to keep an emergency stash of money secreted somewhere on their person when personal funds run low.
No. The round silver Threepence is too small a coin to have a milled edge.
Sir Isaac Newton is quoted as saying " I have seen further, it is by standing on the shoulders of giants" Along the milled edge of the £2 two pound coin, the inscription reads, "STANDING ON THE SHOULDERS OF GIANTS"
The edge of the coin is the rounded part on the outside of the the two faces.
There is a variety of different inscriptions around the edge of British One Pound coins. The most common seems to be "DECUS ET TUTAMEN" which translates as "An ornament and a safeguard".
The phrase "standing on the shoulders of giants" can be found inscribed on the edge of the British two-pound coin. It is a reference to the idea that progress is made by building on the work of those who came before us.
I have a coin with a letter A with wings and the number 840 stamped on the edge it weighs 31.3 grams or 1 troy oz can anyone help ????
If the coin is a regular-issue one with the proper edge lettering it has no extra value. Feel free to spend it. A comparatively small number were struck without edge lettering and are worth a significant premium.
"DECUS ET TUTAMEN" is a Latin inscription used on the edge of current British One Pound coin and many older British coins. It translates to "An ornament and a safeguard". These coins are still potentially in circulation so, unless they are part of a Proof or Uncirculated mint set or are individual Proof or Uncirculated coins and in absolute mint condition, they are worth 1 Pound. When precious metals were used to make coins, it was the practice of many to shave or clip the gold or silver from the edge of the coin from where it would be least noticeable. Milling or reeding the edge of a coin or placing an inscription on the edge made the practice more difficult with the added advantage of making a "clipped" coin more readily identifiable. This was a very big deal in the old days since the value of the coin was determined by its weight in the metal it was made from. A One Guinea gold coin weighing a few grams less than it should, was no longer worth One Guinea and vigilant traders would not accept them.
The "edge inscription" on the standard issue Two Pound coins reads "STANDING ON THE SHOULDERS OF GIANTS", and is credited to Sir Isaac Newton in acknowledgement of the achievements of scientists from the past, without whom todays achievements would not be possible.
The sample space, with a fair coin, is {Heads, Tails}.I am assuming that the probability that the coin ends up resting on its edge is so small that it can be ignored as a possible outcome.
Normally there would considered to be 2⁴ = 16 possible outcomes as each outcome is one of 2 states: Head or Tails. ------------------------- There is an extremely small probability that a normal coin will end up on its edge, which mean there are 3⁴ = 81 possible outcomes. However, this probability is so small that it is ignored and normally only 2 outcomes are considered possible. As the radius to width ratio of the coin changes, the probability of the coin ending up on its edge changes, for some values being so significant that it becomes a real probability that the edge can result, and for some ratios it is almost always the edge that results and the probability of head or tails (ie ends of the cylinder that is the coin) is so small as to be ignored like the edge for a normal sized coin (cylinder).
Modern small dollars have the dates inscribed on the edge of the coin, rather than the front or back. They're worth one dollar each.