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United States Mint Coin Production
* In 1892, the Barber design was used for the 10¢, 25¢, and 50¢ coins. * In 1909, both the Indian Head and Lincoln designs were used for the 1¢ coins. * In 1913, both the Liberty Head and Buffalo designs were used for 5¢ coins. * In 1916, both the Mercury and Barber designs were used for the 10¢ coins. * In 1916, both the Standing Liberty and Barber designs were used for the 25¢ coins. * In 1921, both the Peace and Morgan designs were used for the $1 coins. * In 1932, the Washington design was used for 25¢ coins. * In 1938, both the Buffalo and Jefferson designs were used for 5¢ coins. * In 1942, both the copper-nickel and 35% silver planchets were used for 5¢ coins. * In 1946, the Roosevelt design was used for 10¢ coins. * In 1948, the Franklin design was used for 50¢ coins. * In 1964 all $1 coins minted that year are supposed to have been melted at the mint, and the Kennedy design was used for the 50¢ coins. * In 1971, the Eisenhower design was used for $1 coins. * I ...
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Penny (United States Coin)
The cent, the United States one-cent coin (symbol: ¢), often called the "penny", is a unit of currency equaling one one-hundredth of a United States dollar. It has been the lowest face-value physical unit of U.S. currency since the abolition of the half-cent in 1857 (the abstract mill, which has never been minted, equal to a tenth of a cent, continues to see limited use in the fields of taxation and finance). The first U.S. cent was produced in 1787, and the cent has been issued primarily as a copper or copper-plated coin throughout its history. The penny is issued in its current form as the Lincoln cent, with its obverse featuring the profile of President Abraham Lincoln since 1909, the centennial of his birth. From 1959 (the sesquicentennial of Lincoln's birth) to 2008, the reverse featured the Lincoln Memorial. Four different reverse designs in 2009 honored Lincoln's 200th birthday and a new, "permanent" reverse – the Union Shield – was introduced in 2010. The coin is ...
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Nickel (United States Coin)
A nickel is a five- cent coin struck by the United States Mint. Composed of cupronickel (75% copper and 25% nickel), the piece has been issued since 1866. Its diameter is 0.835 inches (21.21 mm) and its thickness is 0.077 inches (1.95 mm). The silver half dime, equal to five cents, was issued from 1792 to 1873 before today's cupronickel version. The American Civil War caused economic hardship, driving gold and silver from circulation; in response, in place of low-value coins, the government at first issued paper currency. In 1865, Congress abolished the five-cent fractional currency note after Spencer M. Clark, head of the Currency Bureau (today the Bureau of Engraving and Printing), placed his own portrait on the denomination. After the successful introduction of two-cent and three-cent pieces without precious metal, Congress also authorized a five-cent piece consisting of base metal; the Mint began striking this version in 1866. The initial design of the ...
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Dime (United States Coin)
The dime, in United States usage, is a ten-cent coin, one tenth of a United States dollar, labeled formally as "one dime". The denomination was first authorized by the Coinage Act of 1792. The dime is the smallest in diameter and is the thinnest of all U.S. coins currently minted for circulation, being in diameter and in thickness. The obverse of the current dime depicts the profile of President Franklin D. Roosevelt and the reverse boasts an olive branch, a torch, and an oak branch, from left to right respectively. The word ''dime'' comes from the Old French ''disme'' ( Modern French dîme), meaning "tithe" or "tenth part", from the Latin ''decima ars'. The dime is currently the only United States coin in general circulation that is not denominated in terms of dollars or cents. , the dime cost 5.65 cents to produce. History The Coinage Act of 1792 established the dime (spelled "disme" in the legislation), cent, and mill as subdivisions of the dollar equal to , and dol ...
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Quarter (United States Coin)
The quarter, short for quarter dollar, is a Coins of the United States dollar, United States coin worth 25 cent (U.S. coin), cents, one-quarter of a United States dollar, dollar. The coin sports the profile of George Washington on its obverse, and after 1998 its reverse design has changed frequently. It has been produced on and off since 1796 and consistently since 1831. It has a diameter of 0.955 inch (24.26 mm) and a thickness of 0.069 inch (1.75 mm). Its current version is composed of two layers of cupronickel (75% copper, 25% nickel) clad on a core of pure copper. With the cupronickel layers comprising 1/3 of total weight, the coin's overall composition is therefore 8.33% nickel, 91.67% copper. Its weight is 5.670 grams (0.1823 troy oz, or 0.2000 Avoirdupois system, avoirdupois oz). Designs before 1932 The choice of a quarter-dollar as a denomination, as opposed to the or the 20-cent piece that is more common elsewhere; it originated with the practice ...
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Half Dollar (United States Coin)
The half dollar, sometimes referred to as the half for short or 50-cent piece, is a United States coin worth 50 cents, or one half of a dollar. It is the largest United States circulating coin currently produced in both size and weight, being in diameter and in thickness, and is twice the weight of the quarter. The coin's design has undergone a number of changes throughout its history. Since 1964, the half dollar depicts the profile of President John F. Kennedy on the obverse and the Seal of the President of the United States on the reverse. Though not commonly used today, half-dollar coins have a long history of heavy use alongside other denominations of coinage, but have faded out of general circulation for many reasons. They were produced in fairly large quantities until the year 2002, when the U.S. Mint ceased production of the coin for general circulation. As a result of its decreasing usage, many pre-2002 half dollars remain in Federal Reserve vaults, prompting the change ...
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Dollar Coin (United States)
The dollar coin is a United States coin with a face value of one United States dollar. Dollar coins have been minted in the United States in gold, silver, and base metal versions. Dollar coins were first minted in the United States in 1794. While true gold dollars are no longer minted, the Sacagawea, Presidential, and American Innovation dollars are sometimes referred to as golden dollars because of their color. As with several other denominations of U.S. coinage, golden dollars are similar in diameter and color to their Canadian counterpart (known as the "loonie," which predates the Sacagawea dollar by thirteen years). However, unlike the 11-sided Canadian dollar coins, U.S. "golden dollar" coins are round. Dollar coins have never been popular in circulation since inception. Despite efforts by the government to promote their use to save the cost of printing one-dollar bills, such as the Presidential $1 Coin Program, most Americans currently use the bill. For this reason, sinc ...
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Santa Clarita Valley Historical Society
Santa Claus, also known as Father Christmas, Saint Nicholas, Saint Nick, Kris Kringle, or simply Santa, is a legendary figure originating in Western Christian culture who is said to bring children gifts during the late evening and overnight hours on Christmas Eve of toys and candy or coal or nothing, depending on whether they are "naughty or nice". In the legend, he accomplishes this with the aid of Christmas elves, who make the toys in his workshop, often said to be at the North Pole, and flying reindeer who pull his sleigh through the air. The modern figure of Santa is based on folklore traditions surrounding Saint Nicholas, the English figure of Father Christmas and the Dutch figure of ''Sinterklaas''. Santa is generally depicted as a portly, jolly, white-bearded man, often with spectacles, wearing a red coat with white fur collar and cuffs, white-fur-cuffed red trousers, red hat with white fur, and black leather belt and boots, carrying a bag full of gifts for childr ...
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Numismatics
Numismatics is the study or collection of currency, including coins, tokens, paper money, medals and related objects. Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includes the broader study of money and other means of payment used to resolve debts and exchange goods. The earliest forms of money used by people are categorised by collectors as "Odd and Curious", but the use of other goods in barter exchange is excluded, even where used as a circulating currency (e.g., cigarettes or instant noodles in prison). As an example, the Kyrgyz people used horses as the principal currency unit, and gave small change in lambskins; the lambskins may be suitable for numismatic study, but the horses are not. Many objects have been used for centuries, such as cowry shells, precious metals, cocoa beans, large stones, and gems. Etymology First attested in English 1829, the word ''numismatics'' comes from the adjective ...
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Mint (coin)
A mint is an industrial facility which manufactures coins that can be used as currency. The history of mints correlates closely with the history of coins. In the beginning, hammered coinage or cast coinage were the chief means of coin minting, with resulting production runs numbering as little as the hundreds or thousands. In modern mints, coin dies are manufactured in large numbers and planchets are made into milled coins by the billions. With the mass production of currency, the production cost is weighed when minting coins. For example, it costs the United States Mint much less than 25 cents to make a quarter (a 25 cent coin), and the difference in production cost and face value (called seigniorage) helps fund the minting body. Conversely, a U.S. penny ($0.01) cost $0.015 to make in 2016. History The first minted coins The earliest metallic money did not consist of coins, but of unminted metal in the form of rings and other ornaments or of weapons, which were used for th ...
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List Of Mints
Mints designed for the manufacturing of coins have been commonplace since coined currency was first development around 600 BC by the Lydian people of modern-day Turkey. The popularity of coins spread across the Mediterranean so that by 6th-century BC nearby regions of Athens, Aegina, Corinth and Persia had all developed their own coins. Methods used at mints to produce coins have changed as technology has developed, with early coins either being cast using moulds to produce cast coins or struck between two dies to produce hammered coin. Around the middle of the 16th century machine-made milled coins were developed allowing coins of a higher quality to be made. National currencies are generally minted by a country's central bank or on its behalf by an independent mint. For example, the coins of the New Zealand Dollar are minted jointly by the Royal Mint in the United Kingdom and the Royal Canadian Mint for the Reserve Bank of New Zealand. Also national mints are sometimes priva ...
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A Guide Book Of United States Coins
''A Guide Book of United States Coins (The Official Red Book)'', first compiled by R. S. Yeoman in 1946, is a price guide for coin collectors of coins of the United States dollar, commonly known as the Red Book. Along with its sister publication, the older ''Handbook of United States Coins (The Official Blue Book)'', it is considered an authoritative U.S. coin price guide. The ''Guide Book'' and ''Handbook'' got their nicknames (and now official trademarks), the "Red Book" and the "Blue Book," due to their respective solid red and blue covers. Both books are published annually, dated for the following year. The ''Red Book'' lists the retail price of all United States coins from colonial issues to modern circulating U.S. coins, including each year of issue, mint marks, and significant design variations. In addition, the ''Red Book'' lists commemorative coins, mint sets and proof sets, and bullion coins, as well as significant U.S. pattern coins, private and territorial gold, ...
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United States Mint
The United States Mint is a bureau of the Department of the Treasury responsible for producing coinage for the United States to conduct its trade and commerce, as well as controlling the movement of bullion. It does not produce paper money; that responsibility belongs to the Bureau of Engraving and Printing. The first United States Mint was created in Philadelphia in 1792, and soon joined by other centers, whose coins were identified by their own mint marks. There are currently four active coin-producing mints: Philadelphia, Denver, San Francisco, and West Point. History The Massachusetts Bay Colony established a mint in Boston in 1652. John Hull was Treasurer and mintmaster; Hull's partner at the "Hull Mint" was Robert Sanderson. The historical marker reads: The first authorization for the establishment of a mint in the United States was in a resolution of the Congress of the Confederation of February 21, 1782, and the first general-circulation coin of the United States ...
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