strangef i n a n c e   f a c t s

Ajay Nagpal

Prior to 1908, when the U.S.Federal Reserve was formed,

indivual banks were allowed tocreate their own currency.

1.

The first bank wasn't created until1472 in Tuscany, Italy. Banca Monte

Dei Paschi di Siena, which is a500+-year-old institution, is one ofthe oldest surviving banks in the

world. It's also one of the thirdlargest in Italy.

2.

Starbucks outpaces GoldmanSachs & JPMorgan Chase when thenumber of locations it has in other

countries.

3.

Opting to invest $100 in Microsoft in1986 would have been a fundamentallybetter choice than purchasing Windows1.0 when it was released. That modestinvestment would have mushroomed

into tens of thousands of dollars.

4.

The world's heaviest coin was fromSweden, weighing in at 44lbs. Comparethat to the world's smallest coin comes

from Napal, and it's just .002 grams.

5.

It's illegal to put coins in your ears inthe state of Hawaii.

6.

The American Ambassador to the Indiangovernment, Daniel Patrick

Moynihan wrote the largest check ever.The check for 16,640,000,000 rupeeswas written to Prime Minister Indira

Gandhi on Feb. 18, 1974.

7.

The United States Mint spends moremoney to produce a penny than producea nickel. -Also, $1 last for approximately22 months, while $20 last 4 years, and

$50 and $100 last about 9 years.

8.

The largest bank note in the world wasthe Chinese 1 Kwan, which was printed inthe 14th century. Its measurements were

9x13.

9.

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