![]() ![]() In 1859 this was replaced by the Indian Head cent, and by 1864, the Civil War increased nickel and copper prices and the cent was made thinner and the nickel removed the cent was thus now a small, thin bronze coin. This changed between 18 when they were replaced by the small-sized Flying Eagle cent, which was made of 88% copper and 12% nickel, and had a somewhat pale brown color. Originally, cent coins were large and heavy. Rising copper prices caused the reduction of the size of the large cent. The Liberty Head Double Eagle was minted up to 1907. In 1849, in the wake of the California Gold Rush, the Double Eagle, or $20 gold denomination was added This coin contains nearly a pure ounce of gold and were minted in large quantities many still exist today and are used as bullion coins and command only a modest premium over spot price, though many dates are rare as well. The seated liberty dime and seated liberty half dime followed the next year in 1837 and the seated liberty quarter and seated liberty half dollar in 1839. coin, now-scarce Seated Liberty Dollar, and debuted in 1836. United States Seated Liberty coinage was the silver coin design minted in the mid-to-late 19th century. Seated Liberty era and introduction of the Double Eagle, Nickel and small cent (1836 - 1891) Seated Liberty dollar In the early days, often years went by without a certain denomination being minted. On silver coins other than the dollar this design was followed by the Capped Bust. The Draped Bust design was featured on all copper and silver coins minted between 1796-1807. ![]() This period of coinage covers several designs. All of the coins featured Liberty on the front and a bald eagle on the back. The half cent and cent were made of pure copper, the half dime, dime, quarter, half, and dollar in 90% silver, and the quarter, half and full eagle in. According to legend these first half disme coins were minted from Martha Washington's silverware. The first coin minted under the act, and therefore the first official coin of the United States, was the half disme. The act created coins in the denominations of Half Cent (1/200 of a dollar), Cent (1/100 of a dollar, or a cent), Half Dime (also known as a half disme) (five cents), Dime (also known as a disme) (10 cents), Quarter (25 cents), Half Dollar (50 cents), Dollar, Quarter Eagle ($2.50), Half Eagle ($5), and Eagle ($10). The Coinage Act of 1792 established the United States Mint and regulated the coinage of the United States. Paper money would not be printed by the United States until 1861. The Spanish Piece of Eight, used widely as currency in Colonial America and the ancestor of American coinage The numismatic history of the United States began with Colonial coins such as the pine tree shilling and paper money most notably the foreign but widely accepted Spanish piece of eight, ultimately descended from the Joachimsthaler and the direct ancestor of the U.S.
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