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Why mint half dimes and 5 cent nickels at the same time?
Monstavet
Posts: 1,235 ✭✭
Just curious on the history of minting both denominations at the same time - well, they are the same denomination - but why have the overlapping years of production (1866-1873)? Don't tell me the vending machine lobby had a lot of sway back in the 1860s!
Seems a little useless, kind of like...oh I don't know....circulating dollar coins and paper dollars? That is working REALLY well.
Seems a little useless, kind of like...oh I don't know....circulating dollar coins and paper dollars? That is working REALLY well.
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The larger, earier-to-handle "nickel" proved to be popular, so before the large-scale production of fractional silver resumed the half dime was eliminated.