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Why Don't Golden Dollars, Nickels, And Cents Have Reeded Edges?

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 Posted 03/11/2019  1:30 pm  Show Profile   Bookmark this reply Add chafemasterj to your friends list
Think Coinfrog nailed it.
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 Posted 03/11/2019  3:06 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list
How about If the Cent ,Nickel and modern Dollar had reeded edges it would be a little difficult to tell them apart in your pocket or to a blind person .
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 Posted 03/11/2019  3:12 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list
Yep.
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 Posted 03/11/2019  3:14 pm  Show Profile   Bookmark this reply Add Keith67 to your friends list
If I remember correctly. since coins are very close in size. the reeding was added for the blind.
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 Posted 03/11/2019  3:46 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
Nope. What Coinfrog said is correct. It was to prevent fraudulent removal of precious metal. Clad coins kept the reeding as matter of tradition. It can go away at any time, as in the case of the golden dollars. SBA had it, but they figured with them being gold they already gave up on tradition.
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 Posted 03/11/2019  7:43 pm  Show Profile   Bookmark this reply Add Sap to your friends list
Using different edges to try to differentiate denominations of similar-sized coins has a long tradition in America - even dating back to when coins were still made of precious metal. The silver 20 cent piece was given a plain edge, to help differentiate it from the quarter.

Of course, by the 1870s, the practice of fraudulently clipping coins had largely become extinct; silver coins retained their reeding largely out of tradition.

We see the "different denominations get different edges" principle carried to its logical conclusion in the euro coin series, where most denominations have a uniquely distinctive edge:
1 cent and 5 cent: plain
2 cent: plain with central groove
10 cent and 50 cent: coarse reeding or fine scalloping, depending on your point of view
20 cent: "Spanish Flower" (plain with regular widely-spaced indentations)
1 euro: interrupted reeding
2 euro: reeding with edge-lettering
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 Posted 03/11/2019  8:32 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list
Several sources credit Isaac Newton with introducing the reeded edge as a measure to deter coin clipping, which was rampant in England at the time, during his tenure as Warden of The Royal Mint (1696-1727). (He also famously tracked down counterfeiters, who were then executed).
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 Posted 03/12/2019  09:19 am  Show Profile   Bookmark this reply Add chafemasterj to your friends list

Quote:
He also famously tracked down counterfeiters, who were then executed.


Holy crap! Boy, they sure didn't mess around.

I know that the VAST majority of modern counterfeiting of classic coins happens overseas. Have there been any recent counterfeiters here in the United States that have been brought up on charges?
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 Posted 03/12/2019  11:30 am  Show Profile   Bookmark this reply Add kbbpll to your friends list
Look up William Chaloner. Some sources say hanged, drawn and quartered. There's an entire book about it. "Newton and the Counterfeiter: The Unknown Detective Career of the World's Greatest Scientist". Newton successfully prosecuted 28 counterfeiters, and the punishment was death (it was "high treason" at the time), so I'm assuming that was the fate of most of them.

I am not aware of any recent high-profile prosecutions regarding coins. Everything I find involves currency.
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 Posted 03/12/2019  12:13 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list
Closest thing I recall to modern prosecution for counterfeiting is the NORFED/Liberty Dollar case. Counterfeiting was mentioned in the warrant but pretty much everyone agrees that was a weak charge.
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 Posted 03/13/2019  4:37 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
Several sources credit Isaac Newton with introducing the reeded edge as a measure to deter coin clipping, which was rampant in England at the time, during his tenure as Warden of The Royal Mint (1696-1727).

Milled coinage predated Newton by almost 100 years and I known by 1650 they had the ability to apply lettered edges. I haven't found references that these early milled coins had reeded edges but I would not be surprised if they do.
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 Posted 03/13/2019  11:38 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list
Yeah, not sure Condor, just quoting from the ol' internet. There was a related discussion here a couple years ago - http://goccf.com/t/268173.
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 Posted 03/14/2019  08:50 am  Show Profile   Bookmark this reply Add just carl to your friends list
Possibly a Chicago mob still makes fake stuff but only large bills. Way to smart to waste time with coins.
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 Posted 03/14/2019  08:51 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Yeah, not sure Condor, just quoting from the ol' internet.
"If it is on the internet, it must be true." - Abraham Lincoln.
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