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The United States three cent piece was a unit of currency equaling 3 ⁄ 100 of a United States dollar. The mint produced two different three-cent coins for circulation: the three-cent silver and the three-cent nickel. Additionally, a three-cent bronze coin was made as a pattern in 1863. During the period from 1865 to 1873, both coins were ...
The three-cent nickel piece initially circulated well, but became less popular when the five-cent nickel was introduced in 1866, a larger, more convenient coin, with a value of five cents better fitting the decimal system. After 1870, most years saw low annual mintages for the three-cent nickel, and in 1890 Congress abolished it.
The result of the large mintages were due to a widespread shortage of small change that was blamed on coin collectors. [3] the following year, The Coinage Act of 1965 removed all mint marks from nickels that were issued by the mints, this lasted until 1968 when the mintmark was moved from the reverse to the obverse side of the coin. [4]
The three-cent silver, also known as the three-cent piece in silver or trime, was struck by the Mint of the United States for circulation from 1851 to 1872, and as a proof coin in 1873. Designed by the Mint's chief engraver, James B. Longacre , it circulated well while other silver coinage was being hoarded and melted, but once that problem was ...
Below are the mintage figures for the United States cent. The following mint marks indicate which mint the coin was made at (parentheses indicate a lack of a mint mark): P = Philadelphia Mint. D = Denver Mint. S = San Francisco Mint. W = West Point Mint
The coins authorized by the 1873 act were the cent, three-cent nickel, five-cent nickel, dime, quarter, half dollar, Trade dollar, gold dollar, quarter eagle, three-dollar piece, half eagle, eagle, and double eagle. [61] The act prescribed the specifications of each coin. No change was made to the bronze composition of the cent.
This made the new coin heavy, in terms of weight per $.01 of face value, compared to the three-cent copper-nickel coin. The bill passed without debate on May 16, 1866. [ 16 ] The new copper-nickel coin was legal tender for up to one dollar and would be paid out by the Treasury in exchange for coin of the United States, excluding the half cent ...
This made the new coin heavy in comparison to the three-cent copper-nickel coin. The bill passed without debate on May 16, 1866. [6] The new copper-nickel coin was legal tender for up to one dollar, and would be paid out by the Treasury in exchange for coin of the United States, excluding the half cent, cent and two-cent. It was redeemable in ...
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