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Numismatist Paul Green ascribed the two varieties to the two types of proof sets that the Mint sold at the time that would have contained the two-cent piece. The "nickel set" contained only the low-value coins without precious metal, while another contained also the silver coins; he suggested that one variety was struck for each.
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 ...
The widespread use of the tokens was a result of the scarcity of government-issued cents during the Civil War. Civil War tokens became illegal after the United States Congress passed a law on April 22, 1864, prohibiting the issue of any one or two-cent coins, tokens or devices for use as currency. On June 8, 1864, an additional law was passed ...
The 2009 proof set contained the highest number of coins and the highest combined face value ($7.19) of any proof set as of 2019, containing the four Lincoln Bicentennial cents (with a special composition of 95% copper), all six District of Columbia and United States Territories quarters, five dollar coins, and the standard nickel, dime, and ...
In 1864, Congress began the process of restoring coins to circulation by abolishing the three-cent note and authorizing bronze cents and two-cent pieces, with low intrinsic values, to be struck. [14] These new coins initially proved popular, though the two-cent piece soon faded from circulation.
Proof 1864 (P) 13,740,000 (P) 370 Proof Bronze Indian cent. ... Cent (United States coin) Wheat cent; 1943 steel cent; 1955 doubled die cent; 1974 aluminum cent;