Small denomination coins often receive nicknames by those who use them, however the terms vary depending on the currency and location where they are used.
In the United Kingdom for example one and two pence coins are often referred to as "coppers" because of their color, the coins have also historically contained copper alloy. In recent years large amounts of low denomination coins have also been refered to as "shrapnel", especially among the younger generations. The UK government has considered removing one and two pence denominations from use, similar to a few other European countries, but has decided to keep them for the foreseeable future.
Coins are more durable and cost-effective for small denominations because they have a longer lifespan and don't wear out as quickly as paper currency. Bills are more convenient for larger denominations because they are easier to carry and are generally easier to count and handle for larger transactions.
You can find one stamped on the coins minted for Panama. They use dollars but call them "Balboas". They actually use coins minted by the US mint in the exact same sizes and denominations as American coins and most denominations of the coins show an image of Balboa on them.
The only U.S. coins issued in 1816 were Large Cents. No other denominations were made.
Are they U.S. coins? Which denominations? Post new question.
To determine the smallest number of coins needed for a specific amount of money, we typically consider the denominations available. For example, using coins of higher denominations first can minimize the total number of coins required. The exact number will depend on the total amount and the denominations in question, such as pennies, nickels, dimes, and quarters. If you provide a specific amount and the denominations available, I can give a more precise answer.
It depends on the denominations of the coins and the exchange rate at the time.
It's not possible to give an answer unless you know the coins' denominations.
Canada mints fractional coins (i.e. < $1) in denominations of 5, 10, 25, and 50 cents. The other two denominations are $1 and $2.
You can exchange one dollar bills for larger denominations or coins at a bank, currency exchange, or some retail stores.
In 1939 the same denominations circulated as we have today.
The denominations of silver coins in circulation in Australia are threepence, sixpence, shilling, florin, crown, round and the State Series. There are varying degrees of silver in each of these denominations with the crown having the highest percentage of silver.
It depends on the denominations of the coins and the exchange rate at the time.