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The most worthless coin found in circulation.....



 
 
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  #1  
Old May 2nd 04, 04:08 PM
ELurio
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Default The most worthless coin found in circulation.....

I just came back from Costa Rica yesterday and the "Colon" is worth 432 to the
dollar. I found a half colon piece on the ground while waiting for a bus. This
is worth about one-900th of a buck....what is the most worthless coin in
circulation currently on the planet? Not stuff from before hyper-inflation from
before world war 2 or something like that, but currently. I think it's either
this or Uzbekistan...

eric l.
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  #2  
Old May 2nd 04, 06:03 PM
Scottishmoney
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There maybe some Turkish coins still circulating that are 1000 lira or
something similar that maybe more worthless. I remember when I was in
Russia a few years ago when their were 33 rubles to the dollar, anyway I
remember it was not unusual to use small coins ie 1, 2, and 3 kopeks in
daily transactions for postage stamps etc.

Did you find any of the thin variety 500 Colones coins? I saw an article in
World Coin News about them supposedly there are about 100 of them and
everybody(yeah right) in Costa Rica is looking for them.

Dave
Tir nam Beann, nan Gleann, s'nan Gaisgeach - Saor Alba A-Nis!
"ELurio" wrote in message
...
I just came back from Costa Rica yesterday and the "Colon" is worth 432 to

the
dollar. I found a half colon piece on the ground while waiting for a bus.

This
is worth about one-900th of a buck....what is the most worthless coin in
circulation currently on the planet? Not stuff from before hyper-inflation

from
before world war 2 or something like that, but currently. I think it's

either
this or Uzbekistan...

eric l.



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  #3  
Old May 3rd 04, 12:41 PM
ELurio
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Did you find any of the thin variety 500 Colones coins? I saw an article in
World Coin News about them supposedly there are about 100 of them and
everybody(yeah right) in Costa Rica is looking for them. BRBR

No, the "fat" variety only, it's about the size of a morgan dollar. The coins
down there are big.

eric l.
  #4  
Old May 3rd 04, 04:43 PM
Coin Saver
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From: elurio

what is the most worthless coin in circulation currently on the planet?


My guess: either the Polish Zloty or the Vietnamese Dong.




8-|
- Coin Saver

  #5  
Old May 3rd 04, 05:20 PM
Scottishmoney
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Tir nam Beann, nan Gleann, s'nan Gaisgeach - Saor Alba A-Nis!
"Coin Saver" wrote in message
...
From: elurio


what is the most worthless coin in circulation currently on the planet?


My guess: either the Polish Zloty or the Vietnamese Dong.


Poland revalued the Zloty in the mid late 1990's, there are now about 4 to
the dollar. The lowest value coin I can remember getting in circulation
there was a 2 grosz coin which there would have been worth about half a US
cent back in 2001. Poland has a 5 Zloty coin worth a bit more of a dollar
that is a mainstay coin, proof that coins of greater than a dollar will
circulate.

Viet-Nam introduced some coins last fall, I remember hearing about them in
CoinWorld, but cannot recall what the values of them were, just that they
created a problem with kids swallowing them, they were the first coins
circulated since the mid 1970's.

Dave


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  #6  
Old May 3rd 04, 06:44 PM
A.E. Gelat
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"Scottishmoney" wrote in message
...


Tir nam Beann, nan Gleann, s'nan Gaisgeach - Saor Alba A-Nis!
"Coin Saver" wrote in message
...
From: elurio


what is the most worthless coin in circulation currently on the

planet?

My guess: either the Polish Zloty or the Vietnamese Dong.


Poland revalued the Zloty in the mid late 1990's, there are now about 4 to
the dollar. The lowest value coin I can remember getting in circulation
there was a 2 grosz coin which there would have been worth about half a US
cent back in 2001. Poland has a 5 Zloty coin worth a bit more of a dollar
that is a mainstay coin, proof that coins of greater than a dollar will
circulate.



It is the proof that size matters. The US dollar coin will also circulate
if it was minted in a smaller size and the paper note not printed anymore.
The UK uses one-pound and two-pound coins (worth about $1.80 and $3.60),
and their size makes them handy to use. The British learned their lesson.
The old penny was as large as the US 50-cent piece, and using a public
telephone required the use of four of them. Pretty soon, the coin box
became full and people were no longer able to make calls. Furthermore, many
were stuck in the chute when the coin box was full and could not be
retrieved.

Tony



Viet-Nam introduced some coins last fall, I remember hearing about them in
CoinWorld, but cannot recall what the values of them were, just that they
created a problem with kids swallowing them, they were the first coins
circulated since the mid 1970's.

Dave


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Checked by AVG anti-virus system (http://www.grisoft.com).
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