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Key dates for the series include the 1939-D, and 1950-D nickels. The 1939-D nickel with a mintage of 3,514,000 coins is the second lowest behind the 1950-D nickel. The cause of the key date of 1939 stems from the new design that excited collectors the year prior, after the initial hype had settled down fewer nickels were saved.
Since then, the supply and demand of the coin's composition metals have stabilized. A nickel's melt value fell below its face value from late 2008 through mid-2010, and more recently again from late mid-2012. [114] In February 2014, it was reported that the Mint was conducting experiments to use copper-plated zinc (the same composition used for ...
The nickel has a long history in U.S. money, though it wasn't the country's first 5-cent coin. That honor goes to a "half-dime" that first appeared in 1794. Early 5-cent pieces weren't made of ...
Before the U.S. Mint began striking nickels in 1866, it produced five-cent coins in silver known as half dimes from 1792 to 1873. Now, some of those nickels are worth big bucks , even reaching ...
1867 is a key date for shield nickels, which were minted from 1866 to 1883, but when the 1867 coin was set to be issued, a variety of rays surrounding the numeral 5 on the reverse were to be removed.
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.
In 1913, the U.S. Mint introduced the famous Indian Head nickel. Affectionately called the Buffalo nickel, its design was part of an attempt to beautify American coinage. Unfortunately, it was ...
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 ...