Money Lesson #1- Identifying Coins and Their Value

money

lesson

one

identifying

coins

and

their

value

today we are learning how to identify

coins

and

their

value

the first thing you should do is watch this really impressive rock video and learn what it is called learn to name and count coins, it lasts approximately 13 minutes and my students They love it, so I think you will love it too. There is also a really cool video made by the Mint that explains how the coins are made. It's quite fascinating. A penny, a penny is worth a penny. Here is the front of the penny and here is the back of the penny. abraham lincoln, the 16th president of the united states, is on the dime, see what you guys think, does he look like him?

I think he's pretty close and for those of you who haven't read about abraham lincoln, this is the house where he grew up. on the back of the penny images, the Lincoln Memorial located in Washington DC, see here is the Lincoln Memorial, right here and there is a large statue of Abraham Lincoln sitting in the middle of the Lincoln Memorial, here is the statue up close, there are different designs for the behind the penny look for a penny see here it says a penny and in this design where it has a shield it also says a penny also note that the color of the penny is different from the other coins a penny is worth a penny this is how you write a penny it's a one and then a c with a line this is another way to write a penny this is a dollar sign and you see dollar signs with a line in the middle or sometimes two lines in the middle the middle and the way this is written means zero dollars and then there's a decimal point right here that separates the dollars from the cents and a penny, you know how we can write single digit numbers, zero one, well this is a cent, so zero dollars and one cent counting. cents counting cents is the same as counting by ones, so you go one and then add one more, so one plus one is two three four five six seven eight nine, so here we have nine cents and they're worth one cent each.

We have nine cents the total value of these cents is nine cents what do you think you can buy anything with nine cents? um I haven't been able to but my grandmother said that when she was little she could go to the movies for only five cents it only cost her five cents to go to the movies when she was little 100 cents equals 100 cents that's the same as a dollar so you can change a hundred cents for a dollar bill, which would definitely be a better option for me because I would probably lose all these pennies or they would fall out of my pocket and that would be a lot of counting, sometimes it's easier to have dollar bills. nickel one nickel is worth five cents here you see the front of the nickel and here you see the back of the nickel thomas jefferson, the third president of the united states of america and author of the declaration of independence, is on the coin of five cents, what do you think?

Looks like him? I think he looks pretty similar and you know, they all look alike. I had this long hair back then on the back of the nickel it's monticello or some people say monticello but it's an Italian word so I'm going to say monticello, Thomas Jefferson's house in Virginia and you can actually take a tour of this house if you go. To Virginia you can tour this house. I'm going to click on it and show you. I included a link and here you see this is monticello and this is what's on the nickel. Isn't it so fascinating?

A nickel is worth five cents. this is how to write five cents draw a five in the air and then draw a c with a line that says five cents this is another way to write five cents zero dollars decimal point zero five five cents counting nickels is the same as counting by five five plus five is ten so let's count by fives 10 15 20 25 30 35 40 45 so these nickels have a total value of 45 cents. Can I buy anything with 45 cents? Hmm, maybe I can buy a couple of things, maybe maybe. a pack of gum 20 nickels, let's count by fives and find out how much 20 nickels equal 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100.

So, 20 nickels nickels are equal to 100 cents or a dollar 100 cents is the same as a dollar so if I had 20 nickels I could exchange them for a dollar bill a dime is worth 10 cents here is the obverse of a coin dime and here is the back of the dime the 32nd president of the united states franklin d roosevelt is on the dime does he look like his photo? It's pretty accurate, I think on the back of the dime you see a torch which is a symbol of freedom, an olive branch right here which is a symbol of peace and the oak branch. the little acorn the oak branch which is a symbol of strength and independence a dime worth 10 cents this is how to write consents draw it in the air a zero and a c with a line through it ten cents this is another way to write dimes dollar sign zero dollars decimal point to separate the coins and 10 cents counting dimes is the same as counting by tens, let's count by tens 10 plus 10 would be 20. then 10 20 30 40 50 60 70 80 90 . so nine times has the total value of 90 cents let's see how much 10 times equals 10 dimes 10 20 30 40 50 60 70 80 90 100 cents or one dollar, so if you find 10 dimes you can exchange them for a one dollar bill, a quarter is worth 25 cents here is the front of the room and here is the back of the room george washington the first president of the united states is in the room here is another man with long hair and see that has its curl there, they captured it quite well, so before 1999 the room featured an eagle with its wings spread and standing on a bunch of arrows with two olive branches underneath, but from 1999 to 2008 there was a program of 50 rooms state, so they did a lot of different quarter designs, currently the Mint is releasing America the Beautiful. quarters and in 2022 they will release the first five coins of the American women's quarter program.

Here are some of the quarters from the state program 50. I know you may feel a little lost right now, like with all of these different designs. Am I supposed to know what a quarter is or what coin it is, but even though the back will be different, the front of the quarter will still be the same or almost the same? Look for standard inscriptions found on the quarter, such as United States of America, Liberty in God. We trust a quarter and it will still have George Washington's picture on the front, so know that this is Mr.

George Washington, the same one that is here. A quarter is worth 25 cents, that's how you write 25 cents, 25 cents, this is another one. way to write 25 cents, this is a dollar sign, so zero dollars and a decimal point to separate the change and 25 cents counting quarters counting quarters is the same as counting by 25 50 75 100. then the total value of four quarters is 100 cents four quarters are equal to one hundred cents or one dollar, so if you find four quarters you can exchange them for a one dollar bill, why is it called a quarter dollar? When you divide something into quarters, you cut it into four pieces so that a clock is in quarters, so this clock shows 11 15.

It shows a quarter past 11. This cake is cut into quarters with one quarter missing and three quarters still available. One dollar is cut into four, so 25 cents plus 25 cents plus 25 cents plus 25 cents is 100 cents, which is it. a dollar now is probably a very good time to get up and move. I really love this video by Jack Hartman to dance to the song and learn the names and values ​​of coins, heads or tails, the front of the coin, the part that shows a head. It is called heads, the back of the coin is called tails, so you will see that in every soccer game they throw the coin and say heads or tails and we will see who is the winner, the person who guesses correctly is the winner now comes the fun part for this next activity we are going to compare coins if you have real coins at home now is a good time to take them out so you can see and feel them you need at least a penny, one, nickel dime and quarter let's compare coins look at the size of each penny dime nickel which coin is largest in size yes, the quarter is the largest in size which coin is smallest in size yes, the dime is the smallest in size but not in true value, although it is the smallest in size, it is worth 10 cents, it is worth two nickels, it is worth a lot, although it is the smallest in size, what coins are silver, nickels, dimes and quarters , look how they all have that silver color. we are no longer made with real silver what coin is not silver the penny the penny is a copper bronze color and when it is very clean and shiny it is more of a copper color but when it darkens when it gets dirty it is more people usually call it brown what coin do you have an american president looking to the right the penny look all these presidents are looking to the left but mr lincoln is looking to the right can you find where the coin says how much it is worth? good eye, say a penny what about the nickel can?

You find it, yeah, it says nickel, the dime says a dime, so I hope you know how much a dime is worth. It would be helpful if it said 10 cents here and the quarter said a quarter to remind you that 20 is 25 cents. it's a quarter worth 25 cents let's compare feel the edges feel the edge of the penny feel the edge of the nickel feel the edge of the dime feel the edge of the quarter what notice which ones they are some observations which coins have a smooth edge yes the penny and nickel have smooth edges and the coins have a jagged edge or a ridged edge yes the dime and quarter have ridges look how they are not smooth now stack the coins, what do you notice?

What are some observations you're making? do which coin is on top why the dime is on top because it is the smallest which coin is after the penny and what is going to be next and see how much thicker the next coin is than the penny or the dime The next coin is the nickel, it's worth five cents and the last coin with the hard edges is the quarter because it's the biggest yay, let's review how much a nickel is worth five cents good job if you didn't know the answer was here it said five cents what coin is this is a penny is worth a penny how much is a quarter worth well it's complicated because the answer isn't there how much is a quarter worth it's worth 25 cents what coin is this has jagged edges it has the torch and the oak leaf and the branch of olive is the dime that is worth 10 cents look, it says dime here what coin is this one fools a lot of people but this is the nickel look at the smooth edge how much is a penny worth oh, the answer is there a penny what coin is this, remember monticello, that beautiful house in virginia, what coin is that, that is the nickel, what coin is this, notice the hard edges, this is the dime worth 10 cents , what coin is this, is this the brown one or the copper one. bronze color one that looks in a different direction than the others what do we call this this is the penny worth a penny what coin is this is the quarter worth 25 cents look, it says quarter right there how much is a dime worth cents who remembers how how much is a dime worth is it worth 10 cents what coin is this okay hard edges george washington is the quarter worth 25 cents now try first I want you to go ahead and try to sort the coins and then I want you to take the little test and see if you can answer all those questions that I just asked you, we will see if you can remember all those questions, well guys, I know you will do amazing, have a great day.