Saturday, December 31, 2005
Small Change
The US Mint also produced three-cent coins for four decades starting in 1851. Two versions overlapped in production: a very teeny one in silver:
If memory serves, this was the first US Mint issue not featuring the goddess of Liberty. Tough to get those personal details on a coin only 14mm in diameter.
A slightly bigger one (17.9mm) went into production in 1865 using the same copper-nickel alloy used in today's nickels. I have two dated 1865, and 1870. Here's a better looking specimen than either of mine:
This was the first US use of the 75% copper/25% nickel alloy now familiar to American small change. (Did you know that your nickel is three-quarter copper? As are the outer layers of your dimes and quarters.)
As with the two-cent piece, public demand for the coin was not high, and mintage figures trail off drasically after the initial runs. For some reason, the idea for a copper three-cent piece was floated in the early 1880's:
The idea never progressed beyond the pattern stage, but the Liberty design was adopted for the nickel in 1883.