Ads
related to: 1853 napoleon iii coin value silver
Search results
Results From The WOW.Com Content Network
The three-cent silver was the first American coin to contain metal valued significantly less than its face value, and the first silver coin not to be legal tender for an unlimited amount. The coin saw heavy use until Congress acted again in 1853, making other silver coins lighter, which kept them in circulation.
The silver three-cent piece (along with the half dime, and the two-cent piece as well as the temporary suspension of the standard silver dollar in favor of the Trade Dollar) was discontinued by the Coinage Act of 1873. [6] Civil War-era silver shortages led to widespread hoarding of all silver coins, and most one- and five-cent coins, as well. [3]
As the silver coins had a legal tender limit of $5, a glut arose of the lightweight silver coins on the market in the late 1850s. [3] Treasury Secretary James Guthrie briefly suspended the coinage of quarters and half dollars as a result of the surplus, but never investigated the Mint policy responsible for creating the oversupply. The nation's ...
The coins were originally minted in two denominations, 20 and 40 francs for Napoléon Bonaparte. The 40-franc gold piece did not become popular. [8] The 20 franc coins are 21 mm in diameter (about the size of a U.S. five-cent piece or a Swiss 20 Rappen coin), weigh 6.45 grams (gross weight) and; at 90% pure, contain 0.1867 troy ounces (5.807 g) of pure gold.
Silver coin: 5 franc, 1852, Under Louis-Napoléon Bonaparte as president Silver coin: 5 franc, 1870, Under Emperor Napoleon III The new constitution of the Second Republic , drafted by a commission including Alexis de Tocqueville , called for a strong executive and a president elected by popular vote through universal male suffrage, rather than ...
5-Mark coin of William II. The federal states of the German Empire were allowed to issue their own silver coins in denominations of 2 and 5 marks from 1873. The Coinage Act of 9 July 1873 regulated how the coins were to be designed: On the obverse or image side only the state sovereign or the coat of arms of the free cities of Hamburg, Bremen or Lübeck was to be depicted, and the coin had to ...