Home U.S. Coin Forum

I wonder why they never minted a .75 cent piece.

They minted all those other denominations...Go figure.image
What is money, in reality, but dirty pieces of paper and metal upon which privilege is stamped?

Comments

  • nwcsnwcs Posts: 13,386 ✭✭✭
    Probably because its velocity would be the same as a dollar coin: 0.
  • ms70ms70 Posts: 13,956 ✭✭✭✭✭

    Good question.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • BillJonesBillJones Posts: 34,855 ✭✭✭✭✭
    Our money system was very much tied to the Spanish coinage. Although we divided our dollar into 100 parts instead of 8 parts as they did, our coins reflected their system. There was a 2 bits or reales which equaled the quarter. And there was 4 bits which equaled the half dollar. But the Spanish never issued a 6 bits coin, and we never issued a 75 cent piece.

    AND you muct remember for much of the first half of the 19th century, U.S. coins were a minority of what was used for money in the United States. The first U.S. mint did not have the capacity to issued enough coins for our economy. And many of the coins that it did issue did not circulate because of the flaws in the bi-metalic system. When the price of gold and silver fluctuated the coins that weighed too much disappeared from circulation. Therefore it did not make a lot of sense for the U.S. to take a radical path when it come to the denominations that it issued.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • LanLordLanLord Posts: 11,726 ✭✭✭✭✭
    Hey, we should have had a "37 & 1/2" cent piece too.

    Might as well cover all possibilities
  • orevilleoreville Posts: 12,164 ✭✭✭✭✭
    razor:

    We have not had any currency or coins that were more than 50% in value of the next larger denomination in the last 110 years plus. The reason; the 2c, 3c, , 20c $3 denominations which all eventually failed due to lack of acceptance. The $4 stella was a pattern.

    All the other comments by BillJones do apply as well.
    A Collectors Universe poster since 1997!

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file