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Among the six was a silver coin, "which shall be, in weight and value, one-tenth part of a silver unit or dollar". From 1796 to 1837, dimes were composed of 89.24% silver and 10.76% copper, [3] the value of which required the coins to be physically very small to prevent their commodity value from being worth more than face value. [4]
Within a few years the Post Office found that stamps in the old denominations were needed after all, and so, added a 10¢ value to the series in 1855, followed by a 5¢ stamp the following year. The full series included a 1¢ profile of Franklin in blue, a 3¢ profile of Washington in red brown, a 5¢ portrait of Thomas Jefferson , and ...
"Circulating Coins Production data".United States Mint. Archived from the original on March 14, 2016.; United States Mint. Archived 2017-01-31 at the Wayback Machine; Archived 2007-03-14 at the Wayback Machine dead links
President Franklin D. Roosevelt died on April 12, 1945, after leading the United States through much of the Great Depression and World War II.Roosevelt had suffered from polio since 1921 and had helped found and strongly supported the March of Dimes to fight that crippling disease, so the ten-cent piece was an obvious way of honoring a president popular for his war leadership.
After 1857, the new smallest coin was the one-cent, which had a 2023-equivalent buying power of 33 cents. The nickel fell below that value in 1973; the dime (at 10 cents) fell below that value in 1981; the quarter (at 25 cents) fell below that value in 2012. [32]
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Just three months ago, Alphabet's Big Tech rival, Meta Platforms, announced its own first-ever dividend, a move that lifted the social media company's stock market value by $196 billion the ...
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