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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 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 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]
Seven distinct types of coin composition have been used over the past 200 years: three base coin alloys, two silver alloys, gold, and in recent years, platinum and palladium. The base metal coins were generally alloys of copper (for 2 cent coins and lower), and copper/nickel (for 3 and 5 cent coins). Copper/nickel composition is also used for ...
A nickel is a five-cent coin struck by the United States Mint.Composed of cupronickel (75% copper and 25% nickel), the piece has been issued since 1866.Its diameter is 0.835 inches (21.21 mm) and its thickness is 0.077 inches (1.95 mm).
Other coins designed by Longacre include the silver and nickel three-cent pieces, the Shield nickel, the pattern Washington nickel, and the two-cent piece. In 1866–1867, he redesigned the coins of Chile. Longacre died suddenly on New Year's Day 1869; he was succeeded by William Barber. Longacre's coins are generally well-regarded today ...