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Math · Grade 2 Math

Chapter 7: Money and Data

Meet the Coins

Size does not tell you what a coin is worth.

Lesson
1
Time
About 11 minutes
0 of 7 done

Step 1: Let's Learn

Read it, or press Listen and follow the words.

There are four coins to know: penny 1¢, nickel 5¢, dime 10¢, quarter 25¢.

Size is not value

A dime is smaller than a nickel, but it is worth twice as much.

One coin, many pennies

A dime is one object, but it stands for ten pennies. That is the tricky part.

Value is what a coin is worth, not how big it is.

Value is assigned, not physical

A dime is smaller than a nickel but worth twice as much. Nothing about the metal decides this — the value was decided by people and printed on the coin. This is the first time in maths that you cannot work out an amount by looking at how big something is.

The four to know

A penny is 1 cent, a nickel is 5 cents, a dime is 10 cents, and a quarter is 25 cents. These four have to be memorised, like the doubles. Once they are automatic, counting money becomes a skip-counting exercise rather than a puzzle.

Telling them apart

The dime is the smallest and has a smooth thin edge in your fingers; the quarter is the biggest of the four; the nickel is thick and dull-edged; the penny is the only copper-coloured one. Learn them by feel as well as sight — that is how you will actually use them.

Step 2: Try It Yourself

Look at the sizes. Then look at the values.

One of each. Compare how big they are with what they are worth.
1 penny · 1¢ eachOne penny is worth 1 penny.
1 nickel · 5¢ eachOne nickel is worth 5 pennies.
1 dime · 10¢ eachOne dime is worth 10 pennies.
1 quarter · 25¢ eachOne quarter is worth 25 pennies.

How many coins

4

How much it is worth

41¢

4 coins, worth 41¢. The number of coins and the amount are not the same thing.

Step 3: Watch an Example

One step at a time.

Watch Ana Compare Two Coins

Ana is holding a nickel and a dime.

  1. Step 1

    She notices the nickel is the bigger coin.

Step 4: Your Turn

Practice makes it stick.

The Piggy Bank

Problem 1 of 2

Which is worth more, a dime or a nickel?

Swapping

Problem 2 of 2

How many pennies are worth the same as one dime?

pennies

What Is It Worth?

1 of 3

How many cents is a quarter worth?

2 of 3

How many cents is a nickel worth?

3 of 3

How many pennies are worth the same as a nickel?

Step 5: Quick Check

Show what you know.

Question 1 of 2

How many cents is a dime worth?

Question 2 of 2

Does a bigger coin always mean more money?

What You Learned

  • Penny 1¢, nickel 5¢, dime 10¢, quarter 25¢.
  • Size does not tell you the value.
  • One coin can stand for many pennies.