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Funny Money! Trivia Quiz

Let's have some fun with money!

A multiple-choice quiz by qtmelba. Estimated time: 5 mins.

Author
qtmelba

Time
5 mins

Type
Multiple Choice

Quiz #
30,701

Updated
Dec 03 21

# Qns
10

Difficulty
Tough

Avg Score
6 / 10

Plays
4489

Last 3 plays: GoodwinPD (10/10), klotzplate (10/10), SOLO4 (3/10).

One at a Time - Single Page - Timed Game

Question 1 of 10

1. What is cash (in terms of money)? Hint

Money that can be spent right away

A country singer that dresses in black

Something your dad never has

Money in the bank

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Question 2 of 10

2. Governments produce coins in a place called a what?

Answer: (One Word)

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Question 3 of 10

3. What is the science of coins called? Hint

numismatics

metallurgy

centology

greed

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Question 4 of 10

4. Which of the following metals is no longer used for making coins? Hint

tin

bronze

gold

copper

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Question 5 of 10

5. Which of these US coins has a president that faces to the right? Hint

penny

nickle

half dollar

dime

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Question 6 of 10

6. What is the official term for the HEAD side of the coin? Hint

sunny-side up

front

obverse

IPS (Important Person Side)

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Question 7 of 10

7. What is the official term for the TAILS side of the coin? Hint

soft under-belly

back

reverse

flip side

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Question 8 of 10

8. The Latin phrase term 'E Pluribus Unum' translates as what? Hint

All for one and one for all

Out of many, one

Death to the British

Unity is strength

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Question 9 of 10

9. According to the Board of Governors of the Federal Reserve System in 2013, what is the life-expectancy of a modern U.S. one-dollar bill? Hint

12 years

4 years

5.8 years

2 years

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Question 10 of 10

10. Why do we call a dollar a 'buck'? Hint

George Washington's nickname was Buck

In the frontier days, the pelt of a male deer was worth a dollar

Buck was the artist that drew the design on the first paper money

The first dollar was made from the skin of a male deer

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Most Recent Scores

Dec 09 2024 : GoodwinPD: 10/10
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Quiz Answer Key and Fun Facts

1. What is cash (in terms of money)?

Answer: Money that can be spent right away

In the 11th century, Chinese coins made of copper were called 'cash.'

2. Governments produce coins in a place called a what?

Answer: mint

In Roman mythology, the goddess Juno was also known as Moneta, from which we get the words money and mint.

3. What is the science of coins called?

Answer: numismatics

Did you know that, in the past, Chinese coins had a hole in the middle? They would string their coins together.

4. Which of the following metals is no longer used for making coins?

Answer: tin

Archaeologists have found coins that date back to around 650 B.C.

5. Which of these US coins has a president that faces to the right?

Answer: penny

Today, coins are made by machines. We use the term STRUCK when referring to the production of coins.

6. What is the official term for the HEAD side of the coin?

Answer: obverse

All U.S. coins are round and they all have E Pluribus Unum on the back.

7. What is the official term for the TAILS side of the coin?

Answer: reverse

8. The Latin phrase term 'E Pluribus Unum' translates as what?

Answer: Out of many, one

The phrase is a traditional motto of the USA, and appears on all US coins. It refers to the fact that one nation arose out of the 13 original colonies. The phrase also contains 13 letters and can also be translated as 'one from many' or 'many joined into one'.

9. According to the Board of Governors of the Federal Reserve System in 2013, what is the life-expectancy of a modern U.S. one-dollar bill?

Answer: 5.8 years

On the average, a dollar bill can be used about 8,000 times before it wears out. Banks will destroy notes deposited with them that are no longer in good condition. In general, the lower denomination notes are used more frequently, so last the shortest time. A $50 note, for example, is estimated to last 8.5 years.

10. Why do we call a dollar a 'buck'?

Answer: In the frontier days, the pelt of a male deer was worth a dollar

All of the following were used for trading: paper, shells, animal teeth, stones, furs, cows, metal, and beads.

Source: Author qtmelba

This quiz was reviewed by FunTrivia editor gtho4 before going online.
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