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2000th Post Give-A-Way!

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Author Previous TopicReplies: 10 / Views: 1,073Next Topic  
Bedrock of the Community
BH1964's Avatar
United States
10982 Posts
 Posted 04/22/2010  01:08 am Show Profile   Check BH1964's eBay Listings Bookmark this topic Add BH1964 to your friends list Get a Link to this Message Number of Subscribers
I am approaching my 2000th post and would like to give away a few Indian Head cents in a trivia contest.

The first member who correctly answers the following question will receive the 6 pictured IHC shipped free of charge in the U.S.

Here goes: "Prior to the introduction of the 1866 Shield five cent piece, what U.S. coin was referred to as a nickel?"

Get your guesses in quickly, there is a limit of one guess per member. Good Luck and thanks CCF!

2000th-Post-Give-A-Way!

2000th-Post-Give-A-Way!
ANA #R3154474
Edited by BH1964
04/22/2010 01:11 am
Pillar of the Community
United States
619 Posts
 Posted 04/22/2010  02:40 am  Show Profile   Bookmark this reply Add deadmunny to your friends list Get a Link to this Reply
Indian cent coin from 1859-1864 was referred to as the nickel (cu-ni alloy).
Then you had the 1865 3-cent nickel.
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nod2003's Avatar
United States
3294 Posts
 Posted 04/22/2010  08:47 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Munny talks. And I think he is right.
Bedrock of the Community
United States
10284 Posts
 Posted 04/22/2010  10:05 am  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
Flying Eagle cents were first
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steve199's Avatar
United States
1882 Posts
 Posted 04/22/2010  11:39 am  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply
thanks for the contest. I think wheezy wins...
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BH1964's Avatar
United States
10982 Posts
 Posted 04/22/2010  12:09 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Wow! That was a quick contest! Yes deadmunny is the winner!

Copper-nickel IHC were referred to as "nickels" prior to 1866.

A PM is on the way. Congratulations!
ANA #R3154474
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Moe145's Avatar
United States
8904 Posts
 Posted 04/22/2010  12:13 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
The Flying Eagle cent - a flawed beauty

The Flying Eagle cent was the first small cent - also the first US coin made from a nickel alloy. These new small pennies, because of their light color, were sometimes called "white cents".

The Flying Eagle cent is rightfully considered one of the most visually pleasing of all US coins. The eagle is pictured in graceful flight, on an uncluttered background. But this design, though aesthetically charming, suffered in execution.

The coin was often weakly struck.

Nickel is a much harder metal than the copper, silver, and gold in common use at the mint. Some of the experimental nickel alloys quickly wore out the mint's steel dies. And yet, nickel coins were struck a few years later that were adequately struck - in the same mint, using the same presses.

The difficulty lay in the design of the Flying Eagle penny more than the metal of its fabrication. Coin designers try to avoid weak strikes by not positioning high relief features on front and back congruently. The Flying Eagle cent design suffered from the unfortunate placement of portions of the obverse eagle and reverse wreath in direct opposition. When the coin was struck, these design features, in their alignment, created voids not completely filled by the coin's metal at the moment of impact. With less metal pressured into these design elements, the resulting images lacked the sharpness and clarity of a technically superior design.

While weak strikes were perhaps embarrassing to the mint, the public was not overly fond of the Flying Eagle cent for more practical reasons, in spite of the best intentions of the mint.

This coin wasn't easy to spend!

The small nickel alloy Flying Eagle was conceived as an economical replacement for the large cent, a copper coin which now cost more than face value to produce. Large cents were not popular either - they'd been in circulation from the earliest years of the republic, and many were worn, dirty, and generally unattractive to the public. The mint tried to promote the bright new coin as more hygienic and easier to handle due to its smaller size.

This may have been sufficient to put the coin "over the top" with the citizenry - except that the new coins were not afforded the status of "legal tender." In this way, the new coin was no better than its large sized predecessors. By failing to declare the coin legal tender for all debts public and private, there was no obligation to accept the coin in payment. The coin had been offered as new and convenient. Inconveniently, merchants often refused to accept the coins - being unwilling to assign a value to coins not guaranteed by the government that produced them!

I also think Wheezy got this one! Nice work!

Thanks for the contest BHerring1964!

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United States
619 Posts
 Posted 04/22/2010  3:37 pm  Show Profile   Bookmark this reply Add deadmunny to your friends list Get a Link to this Reply
Thanks for the contest bh :-)
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BH1964's Avatar
United States
10982 Posts
 Posted 04/22/2010  7:31 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Thanks for the quick responses and the history lesson too!

The IHCs will be heading out tomorrow.

ANA #R3154474
Bedrock of the Community
United States
10284 Posts
 Posted 04/22/2010  9:24 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
Congrats deadmunny and thanks for the contest!
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Scooby Due's Avatar
United States
4000 Posts
 Posted 04/26/2010  10:59 am  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
Very informative Moe, thank you.
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