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<p>[QUOTE="yakpoo, post: 1257131, member: 18157"]Interesting question...from what I've read, there was little demand for fractional silver coins during that period. Paper currency (even fractional currency) circulated. When a depositor withdrew bullion, they preferred that largest denominated silver coin available. Until 1830, most coins in the US were foreign coins. In fact, cents and half cents rarely circulated more than a few hundred miles from Philadelphia and many silver and gold coins were shipped overseas. </p><p><br /></p><p>There was strong opposition to the Mint from 1800-1830. In fact, when the US Capitol moved from Philadelphia to Washington DC, that's why the Mint wasn't moved. The Mint's authorization to operate was only renewed for five (5) year periods until 1830. I'm not sure the exact reason why 1826 was skipped by dimes and quarters, but given the large number of Half dollars minted, my guess is that there just wasn't the demand for the lower denominated pieces.[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1257131, member: 18157"]Interesting question...from what I've read, there was little demand for fractional silver coins during that period. Paper currency (even fractional currency) circulated. When a depositor withdrew bullion, they preferred that largest denominated silver coin available. Until 1830, most coins in the US were foreign coins. In fact, cents and half cents rarely circulated more than a few hundred miles from Philadelphia and many silver and gold coins were shipped overseas. There was strong opposition to the Mint from 1800-1830. In fact, when the US Capitol moved from Philadelphia to Washington DC, that's why the Mint wasn't moved. The Mint's authorization to operate was only renewed for five (5) year periods until 1830. I'm not sure the exact reason why 1826 was skipped by dimes and quarters, but given the large number of Half dollars minted, my guess is that there just wasn't the demand for the lower denominated pieces.[/QUOTE]
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