Nickel (United States coin)
Nickel (United States coin)
The silver half dime, equal to five cents, was issued from 1792 to 1873 before today's cupronickel version. The American Civil War caused economic hardship, driving gold and silver from circulation; in response, in place of low-value coins, the government at first issued paper currency. In 1865, Congress abolished the five-cent fractional currency note after Spencer M. Clark, head of the Currency Bureau (today the Bureau of Engraving and Printing), placed his own portrait on the denomination. After the successful introduction of two-cent) and three-cent pieces without precious metal, Congress also authorized a five-cent piece consisting of base metal; the Mint began striking this version in 1866. The initial design of the Shield nickel was struck from 1866 until 1883, then was replaced by the Liberty Head nickel. The Buffalo nickel was introduced in 1913 as part of a drive to increase the beauty of American coinage.
Nickel (United States coin)
The nickel is minted in its modern form as the modification of the Jefferson nickel, which was first introduced in 1938. In 2004 and 2005, special Jefferson nickel designs in honor of the bicentennial of the Lewis and Clark Expedition were issued. In 2006, the Mint reverted to using Jefferson nickel designer Felix Schlag's original reverse (or "tails" side), although a new obverse, by Jamie Franki, was substituted.
Silver half dime
The silver half disme (as the half dime, pronounced the same, was first called) was one of the denominations prescribed by the Mint Act of 1792; its weight and fineness were set by law. The first pieces under federal authority were half dimes, struck in 1792 in the cellar of John Harper, a saw maker; as the first federal mint was still under construction in Philadelphia, this took place locally at Sixth and Cherry Streets. The dies were engraved by Adam Eckfeldt, who a half-century later recalled that the silver for the half dimes was supplied by President George Washington, and that the 1,500 coins struck from the bullion were given to Washington's Secretary of State, Thomas Jefferson, for distribution to important people, both in the US and overseas. By legend, President Washington supplied silverware from his home, Mount Vernon, to provide bullion for the coins. In his annual message to Congress in late 1792, Washington noted the ongoing construction of a mint building and stated: "There has also been a small beginning in the coinage of half dimes, the want of small coins in circulation calling the first attention to them."