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Coinage act of 1792
Coinage act of 1792











At that point, it became the same 8.33% cupro-nickel alloy that most other U.S. The dime, originally called the “disme” in the Coinage Act of 1792, kept its original 90% Silver, 10% Copper format through 1964. government had to find an alternative, and it authorized the cupro-nickel blend we see today. When the supplies of Silver began to run low due to the rise in prices in 1965, the U.S. You can see the orange wearing through on the edges on well-worn examples of circulating quarters.īefore 1964, all of the Silver-colored coinage you had in your pocket change was 90% Silver. Because of the coin construction, it comes out to about 8.33% nickel, and the rest is Copper. The current quarter is made of a cupro-nickel alloy layered over a Copper core.

coinage act of 1792

Beginning in 1837 and continuing through 1964, all half dollar coins were 90% Fine Silver and 10% Copper. The earliest half dollars from 1794 through 1836 were struck from roughly 89% Fine Silver and 11% Copper. Half dollars were made of similar materials to earlier dollar coins, with Silver being the primary metal and Copper gradually taking up more of the composition through the Kennedy half dollar, which was entirely cupro-nickel. Sacajawea, Native American and Presidential dollar coins are not commonly circulated but can occasionally be found in banks or in older vending machines and are more common in overseas U.S. They are currently minted and will continue to be minted into the future after the death of a President.Īll dollar coins stopped being minted for circulation in 2011 but are still available for collectors. The Presidential dollar coins were first struck in 2007.

#Coinage act of 1792 series#

The Native American Dollar series began in 2009 and continues to the present day. The American Innovation Dollar coins were first struck in 2018 and are currently being minted, though they aren’t in circulation. This gave them a shiny metallic look, but the coin wore down faster than expected, and these tend to lose their luster quickly. Newer dollar coins including the Sacajawea, Native American, Presidential and American Innovation dollars were created with a Copper core covered in manganese brass. Sacajawea dollars came after the Susan B. Anthony was made from cupro-nickel, a mixture of Copper and nickel that’s commonly used in the coinage. Unlike earlier dollar coins, the Eisenhower (in circulating form) and Susan B. The Eisenhower was struck from 1971 to 1978, succeeded by the Susan B. After these coins were produced, there was no circulating dollar coin until 1971 when the Eisenhower dollar was struck. Gold dollar coins were struck from 1849 to 1889 and were all comprised of 90% Fine Gold mixed with 10% Copper to improve the life span of the coins by making them more durable. These coins were made of 90% Fine Silver mixed with 10% Copper for durability. The earliest dollar coins were struck beginning in 1794 and were produced until 1935. coinage have stayed the same: dollar, half dollar, quarter dollar, dime, nickel (or half dime) and penny. There have been other denominations (including 2 cent, 3 cent, 20 cent and half cent), but by and large, the smaller denominations of U.S. But the Coinage Act of 1792 has been updated many times and the metallic content of our coinage continues to change and evolve. From pennies to dollars, they were each a different weight and size. The Coinage Act of 1792 originally established percentages, sizes and designs, and in this crucial document, each minted coin was specified to have a certain amount of valuable metal in it. Each coin has a distinct metallurgic history.

coinage act of 1792

coins are made of fairly similar metals to each other. They have to be malleable enough to accept the die stamp.Ĭurrent U.S. The one thing for sure, though, is that the value of the metals used isn’t what it used to be.Ĭoins have to be durable to stand up to being carried around in people’s pockets. They’ve used various alloys or even pure metal compositions. coins have changed their composition considerably over the years from the post-colonial founding to now. The change in your pocket could be worth more than you think.











Coinage act of 1792