Ring Cent
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Ring Cent
The ring cent or holey cent was a one-cent pattern coin first struck in various compositions and designs between 1850 and 1851 as part of an experiment on producing a cent with a reduced weight and diameter, as the rising price of copper had caused cents to cost more than their face value to produce. Many varieties exist, with differing designs as well as differing compositions, including billon (standard), aluminum, copper, cupronickel, nickel silver, nickel, silver, and white metal. History In the late-1840s, the price of copper had risen to the point that large cents cost more than one cent to produce. In response to a bill drafted in 1849 by Congressman Sam F. Vinton to reduce the size of the cent, the US mint began looking for an alternative type of cent. One solution to the problem was to perforate the coin in the center, creating a ring-like appearance. Pattern ring cents were first struck in 1850 in various test compositions. However, it was found that the coin was dif ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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Cash (Chinese Coin)
The cash or qian was a type of coin of China and East Asia, used from the 4th century BC until the 20th century AD, characterised by their round outer shape and a square center hole (方穿, ''fāng chuān''). Originally cast during the Warring States period, these coins continued to be used for the entirety of Imperial China. The last Chinese cash coins were cast in the first year of the Republic of China. Generally most cash coins were made from copper or bronze alloys, with iron, lead, and zinc coins occasionally used less often throughout Chinese history. Rare silver and gold cash coins were also produced. During most of their production, cash coins were cast, but during the late Qing dynasty, machine-struck cash coins began to be made. As the cash coins produced over Chinese history were similar, thousand year old cash coins produced during the Northern Song dynasty continued to circulate as valid currency well into the early twentieth century. In the modern era, these coin ...
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1850 Introductions
Year 185 ( CLXXXV) was a common year starting on Friday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Lascivius and Atilius (or, less frequently, year 938 ''Ab urbe condita''). The denomination 185 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Nobles of Britain demand that Emperor Commodus rescind all power given to Tigidius Perennis, who is eventually executed. * Publius Helvius Pertinax is made governor of Britain and quells a mutiny of the British Roman legions who wanted him to become emperor. The disgruntled usurpers go on to attempt to assassinate the governor. * Tigidius Perennis, his family and many others are executed for conspiring against Commodus. * Commodus drains Rome's treasury to put on gladiatorial spectacles and confiscates property to suppor ...
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Ring Nickel
The ring nickel (separate varieties known as J-1724, J-1725, and J-1742) was a United States pattern coin with a face value of five cents. It was struck in 1884 and 1885, even though the Liberty Head nickel had just been released in 1883. The 1884 pattern had an octagonal hole and was struck in nickel, while the 1885 pattern had a round hole and was struck in silver. See also *Ring cent The ring cent or holey cent was a one-cent pattern coin first struck in various compositions and designs between 1850 and 1851 as part of an experiment on producing a cent with a reduced weight and diameter, as the rising price of copper had caus ... References {{Canceled United States currency and coinage Five-cent coins of the United States 1884 in the United States Currencies introduced in 1884 ...
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Holed Coin
Although the vast majority of coins are round, coins are made in a variety of other shapes, including squares, diamonds, hexagons, heptagons, octagons, decagons, and dodecagons. They have also been struck with scalloped (wavy) edges, and with holes in the middle. Coins in the shape of polygons often have rounded edges or are Reuleaux polygons. This article focuses mainly on circulating coins; a number of non-circulating commemorative coins have been made in special shapes, including guitars, pyramids, and maps. There is a list with more unusual shapes of non-circulating commemorative coins at the end of this page, that all have been issued officially by various countries. Triangular The Cook Islands have a circulating 2 dollar triangular coin with rounded corners. Squares and diamonds Indo-Greek coins were often square. Aruba has a large circulating square 50 cents coin. Many countries have struck square coins with rounded corners. Some of these, such as the Netherlands zin ...
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1974 Aluminum Cent
The 1974 aluminum cent was a one-cent coin proposed by the United States Mint in 1973. It was composed of an alloy of aluminum and trace metals, and it was intended to replace the predominantly copper–zinc cent due to the rising costs of coin production in the traditional bronze alloy. Of the 1,571,167 coins struck in anticipation of release, none were released into circulation. To encourage congressional support for the new alloy, the Mint distributed several examples to US Congressmen. When the proposed aluminum cent was rejected, the Mint recalled and destroyed those coins. However, despite the recall, a few aluminum cents were not returned to the Mint, and those coins may remain at large. One example was donated to the Smithsonian Institution, while another was alleged to have been found by Albert P. Toven, a US Capitol Police Officer. A 1974-D specimen was found in January 2014 by Randall Lawrence, who said it was a retirement gift to his father, Harry Edmond Lawrenc ...
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1943 Steel Cent
1943 steel cents are U.S. one-cent coins that were struck in steel due to wartime shortages of copper. The Philadelphia, Denver, and San Francisco mints each produced these 1943 Lincoln cents. The unique composition of the coin ( low-grade steel coated with zinc, instead of the previously 95%-copper-based bronze composition) has led to various nicknames, such as ''wartime cent'', ''steel war penny'', ''zinc cent'' and ''steelie''. The 1943 steel cent features the same Victor David Brenner design for the Lincoln cent which had been in use since 1909. History Due to wartime needs of copper for use in ammunition and other military equipment during World War II, the United States Mint researched various ways to limit dependence and meet conservation goals on copper usage. After trying out several substitutes (ranging from other metals to plastics) to replace the then-standard bronze alloy, the one-cent coin was minted in zinc-coated steel. This alloy caused the new coins to be m ...
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Stella (United States Coin)
The United States four dollar coin, also officially called a Stella, is a unit of currency equivalent to four United States dollars. It was originally minted as a universal coin exchangeable with any currency around the world. Two varieties of the Stella were made: Liberty with flowing hair, designed by Charles E. Barber, and with coiled hair, designed by George T. Morgan. The flowing hair variety is the most commonly seen variety. Even though the coin was designed as a pattern coin, similar to the Gobrecht dollar, many catalogs list the coin as a regular-issue item. History The Stella was a pattern coin produced to explore the possibility of joining the Latin Monetary Union (LMU); these patterns were produced in 1879 and 1880 at the urging of John A. Kasson, a former chairman of the United States House Committee on Coinage, Weights, and Measures. The Stella was meant to contain a quantity of precious metal similar to that of the standard LMU gold piece, the twenty-franc Napoleo ...
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Three-cent Bronze
The three-cent bronze was a pattern coin struck in 1863 by George Eckfeldt. The coin shares its obverse design (other than the font of the date, which is smaller and curved), thickness, and diameter with that of the Braided Hair large cent, but was made of bronze rather than pure copper. Weighing 140 grains, it weighed nearly three times that of the bronze Indian Head cent. About 50 to 60 examples are known. The obverse features an image of Liberty. History Throughout 1863, the coins were struck on planchets of varying thickness. According to Eckfeldt's journal: Struck a few 3 cent pieces of copper & zinc; the size, thickness and diameter about that of the 1857 copper cent. About the middle of 1863. Other versions An aluminum version (Judd-320, Pollock-385) was made using a very similar design. However, examples are extremely rare with only 5 confirmed. See also * Three-cent nickel * Three-cent silver The three-cent silver, also known as the three-cent piece in silver o ...
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Two-cent Billon
The two-cent billon was a pattern US coin struck in 1836 and initially proposed as part of the Act of January 13, 1837. Versions exist with either a reeded edge and coin orientation or a plain edge and medal orientation; however, those with the former tend to be original strikes, whereas the latter are always proof restrikes (most from the 1850s). Background A two-cent piece had been proposed as early as 1806 by Connecticut Senator Uriah Tracy, along with a twenty-cent piece or "double dime". Reflecting the then-prevalent view that coins should contain their value in metal, Tracy's bill provided that the two-cent piece be made of billon, or debased silver. The proposed metal would have consisted of 6.4 grains of silver and 24.3 grains of copper.http://twocentpiece.com/ The Mint Director at the time Robert Patterson opposed the bill, as it would be difficult to refine the silver from melted-down pieces. Tracy's legislation failed in the House of Representatives, despite pass ...
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Silver Center Cent
The Silver center cent is an American pattern coin produced by the United States Mint in 1792. As a precursor to the large cent it was one of the first coins of the United States and an early example of a bimetallic coin. Only 12 original examples are known to exist, of which one is located in the National Numismatic Collection at the Smithsonian Institution. Two more specimens (Morris and California) exist but contain fabricated plugs added after minting. Due to their rarity and historical significance ''Silver center cents'' are highly prized by collectors with one graded PCGS MS61 being sold in an online auction in April 2012 for . Origins During the early years of the American republic, there was a general consensus that the intrinsic bullion value of the new nation's coinage should be approximately equal to its face value. Some merchants would refuse to accept coins that did not meet this standard. For most denominations, bullion parity was achieved by producing the co ...
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Mint-made Errors
Mint-made errors are errors during the mint (coin), minting process. Groups of coins with distinctive characteristics are known as varieties. The term variety applies to coins with both intended and unintended differences while the term error refers only to coins with unintended differences. Nevertheless, not all errors are varieties. Although there may be many identical examples of some errors, others are unique. For example, there may be many indistinguishable examples of coins with a specific die crack, while off-center strikes tend to be unique. Being unique does not mean that an error is valuable. Although no other coin may be similar to a coin with an off-center strike, off-center strikes happen often enough that buyers can choose from many examples each of which varies slightly from the other. Mint error coins can be the result of deterioration of the minting equipment, accidents or malfunctions during the minting process, or intentional interventions by mint personnel. Acc ...
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