this post was submitted on 10 Mar 2024
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Today I Learned

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[–] derf82@lemmy.world 29 points 8 months ago (1 children)

Ecuadorians are very touchy about the condition of their paper bills. I tried to pay for a Panama hat with some cash that included a slightly torn but fully in tact $10, and the shop owner refused. As such, more durable dollar coins, which were minted by the US but never really caught on, are quite popular.

Interestingly they do mint their own coins, with Ecuadorian half dollar, quarters, dimes, nickels and pennies. https://en.m.wikipedia.org/wiki/Ecuadorian_centavo_coins

[–] Kolanaki@yiffit.net 9 points 8 months ago* (last edited 8 months ago) (3 children)

I like the Sacagawea and "Innovation" dollar coins. The problem with 'em, though, is people horde and collect them so they're not as available as the regular paper bills even though they are currently still in production. They come across so rarely, I also tend to think "oooh I should hold onto this!" Whenever I get one back as change.

The only downside to using them I've run into is having to show the clerk it's a dollar and not a quarter.

[–] rickyrigatoni@lemm.ee 3 points 8 months ago (1 children)

Humans love their shiny metal circles.

[–] Kolanaki@yiffit.net 2 points 8 months ago* (last edited 8 months ago)

I'm pretty sure I remember reading a study that showed that handling coins actually makes the brain generate the good chemicals. So you're not wrong.

[–] KairuByte@lemmy.dbzer0.com 2 points 8 months ago

Wait, can’t yall just… go to the bank? I walked into a local bank a year or so ago and asked if I could exchange for them, they asked how many and just exchanged them like anything else.

I’m sure if I wanted thousands that would be a problem, but I’d be surprised if they didn’t have at least a handful.

[–] BananaPeal@sh.itjust.works 2 points 8 months ago

The tooth fairy put one of these under my kid's pillow tonight. The thought is that he's going to enjoy it more because it's rare. It will end up in his piggy bank, out of circulation for who knows how long.