This article is for everyone who isn’t familiar with the United States quarter dollar. The US quarter was first authorized by the coinage act of 1792. In it, Congress authorized the US mint to create a quarter dollar coins — each to be the value of of one fourth the value of the dollar (US Mint). So, you may be wondering: how many quarters make a dollar?
How Many Quarters Make A Dollar?
How many quarters make a dollar? The answer is: 4.
The math is simple. Each quarter dollar is worth 25 cents. And there are 100 cents each dollar. So, you simply multiply by four. Or 25 x 4 = 100.
Or you can just add.
4 quarters = 1 dollar.
8 quarters = 2 dollars.
12 quarters = 3 dollars.
16 quarters = 4 dollars.
20 quarters = 5 dollars.
There you have it. There are 4 quarters in a dollar.
So, if you want to know why there are 4 quarters in the dollar – instead of having dollars divided into say 5 coins – the answer is Congress passed a law in 1792 that made it that way.
Here Are Some Fun Facts About The Quarter
The quarter shows the profile of US President George Washington on it obverse side, and after 1998 its reverse design has changed often.
Quarters are the most commonly used US coin. People use quarters for everything from feeding vending machines to paying toll booths.
Before 1964 the quarter was made out of 90% pure silver. Hint: Check the quarters in your change jar! If they were minted on or before 1964 they’re worth at least $4.
The US Mint currently makes US quarters out of 8.3% nickle and 91.7 copper.
Quarters have a diameter of .95 inches and a thickness of 1.75 millimeters.
Quarters have “reeded”, or indented edges. There are 119 reeds on the US quarter.
The most valuable modern US quarters are the 1932 D series of quarters. Their value ranges between $35 – $13,000.
Source: USMint.com, Wikipedia, Ebay.
For More Great Saving Advice Articles, Read These:
Seventeen Bills Worth More Than Face Value In Your Wallet Right Now
Conversations With A Burglar – Where Not To Hide Money In Your Home
Yes, You Can Take the 365 Day Quarter Challenge And Save A Bundle
Readers, feel free to leave a comment below and share any fun stories about quarters you might have.
James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.