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【No. 0193】The Coin Which Has The Highest Value.

Jun 29, 2015 13:00
Do you know the regularly used coin which has the highest value?

In the past, It was Japan's 500 yen coin that is almost 4 U.S. dollars.

In 2013, the 500 yen coin was introduced as the highest valued regularly used coins in the world on the Guinness Book of Records.

However, currently it is Switzerland's 5 franc, that is almost 5.3 dollars.

The reason is not only Japanese yen was breaking down, Swiss franc was inflated this year.

Corrections (1)

No. 1 thethinker83
  • Do you know the regularly used coin which has the highest value?
  • This sentence is perfect! No correction needed!
  • In the past, It was Japan's 500 yen coin that is almost 4 U.
  • This sentence is perfect! No correction needed!
  • In 2013, the 500 yen coin was introduced as the highest valued regularly used coins in the world on the Guinness Book of Records.
  • In 2013, the 500 yen coin was introduced as the highest valued regularly used coins in the world on in the Guinness Book of Records.

    Made the 2nd "coins" singular for consistency

  • However, currently it is Switzerland's 5 franc, that is almost 5.3 dollars.
  • However, currently it is Switzerland's 5 franc coin, that is almost 5.3 dollars.

    "5.3 dollars" is technically correct, but dollar amounts with cents are typically written with a $ sign and two decimal places, e.g. $5.30

  • The reason is not only Japanese yen was breaking down, Swiss franc was inflated this year.
  • The reason is not only the Japanese yen was breaking down depreciating, but also the Swiss franc was inflated this year.

    "breaking down" is usually meant for things that have stopped functioning, are falling apart, etc. I hope that doesn't happen to the yen! :)

I've always found it interesting that 1-dollar coins have never really caught on in the US. The government introduces them every few years and they tend to fall out of circulation soon after. I guess we really like our $1 bills.

Toru
Thank you very much for correcting my post! :D
And thank you for letting me know the interesting story.
I think once you get accustomed to use something, it's difficult to change the custom.
Recently in Japan, 2000 yen bills were newly issued based on a theoretical efficiency, but we rarely use them, and finally the 2000 yen bills are not issued now.

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