Money Fact

Did you know that postage stamps were once used as money over in the US? 

Well, during the Civil War, there was a shortage of coins.

Paper tickets and bills were often substituted as small change, but the scarcity was so severe, it led the Congress to authorise the issuance of stamps as a temporary “Fractional Currency.”

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Did you know sea shells were once commonly used as money in many parts of the world?

Seashells were used as money across the world well into the 20th century, from West Africa to California. 

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When we think of the shape of coins, we typically think of round, disc-like shapes. 

But did you know that not all coins are round? Here are some of the weirdest shaped coins that you probably didn't know existed.

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Did you know someone put the whole of New Zealand up for sale on eBay? The starting bid price? A mere 1 Australian cent. 

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Did you know you can track where a US dollar bill came from before you got ahold of it? Through a website called WheresGeorge.com, consumers can track their physical dollar bills and even find out where it went after the bills left their wallets. 

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The stock market is a place where investors can buy and sell stocks, shares in publicly traded companies, among other securities. But do you know how old the stock market is? Or when the idea of the stock market came about? 

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Imagine losing millions of dollars in the trash. That's what happened to James Howells, a cryptocurrency miner, when he accidentally threw away a hard drive containing 8,000 Bitcoins back in 2013. A decade later, he's still in search of his stash. 

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Did you know October is historically the most volatile month? It can be a spooky month for investors. I mean if you thought September’s volatility was bad, just wait until October. 

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Going once, going twice, SOLD! That’s the iconic phrase we hear at an auction. But did you know, in olden day England, a single candle was used instead?

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Did you know the world’s first Gold ATM was launched in Abu Dhabi? The machine spews out 24-carat gold bars as well as gold coins from around the world. In fact, the ATM itself is also made up of gold! 

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Have you ever dreamed of owning a private island? Well if you have, you may just be in luck. Because, your own private paradise might be more in reach than you think. And you don’t have to be a billionaire. Here are some cheapest islands on the market.

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Can you tell the difference between a regular penny and a special 1943 one that could be worth millions of dollars? Here are some of the world’s most valuable coins.

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As an employee, our favourite time of the month is of course pay day. When our salary is in, it's time to celebrate. But have you ever wondered where the term “salary" comes from?

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Japanese bills have a much shorter lifespan compared to that of other countries. In fact, the 5,000 yen and 1,000 yen bills have a lifespan of about 1 to 2 years. But do you know what happens to them after? 

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When you look at coins, have you ever noticed the ridges on the edge of the coins? And have you ever wondered why there are those grooves on the coins? There's actually a special reason for that. 

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After World War I, in 1923, hyperinflation wreaked havoc in Germany, and as a result, its currency lost almost all of its value. The German Mark fell so much that Germans used it to decorate their home walls. 

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Have you ever wondered what the most expensive man-made object is? It might be the obvious choice to guess the Burj Khalifa or the Taj Mahal, but the most expensive man-made thing in the world, surprisingly, doesn't even exist on Earth. 

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Have you heard of the Parcel Post Bank? Well it’s a nickname for Zion's First National Bank, originally, the Bank of Vernal, located in the city of Vernal in Utah. And it got its nickname because of how the bank was built. 

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It’s widely known that the first banknotes originated in China - but did you know they were known as “Flying Money”? 

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