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<p>[QUOTE=&quot;Tamaracian, post: 2047135, member: 23122&quot;]The Flying Eagle was a highly anticipated coin because of the change in size, non-portrait design, and alloy (copper-nickel).&nbsp; It was heavily advertised in the press and by word of mouth, and persons stood in line at the Mint on the initial day of distribution. The initial supply was hoarded by some (with the means to buy a large quantity or trade-in foreign coins [as the government demonitized them in 1857]) and resold at a profit for some weeks to months thereafter.&nbsp; They were struck in enough quantity so that the demand for a circulating small cent was met for the 2-years of circulation coinage production.&nbsp; They remain popular today because they were the first small cent and because many remain in a high state of preservation.[/QUOTE]</p><p><br /></p>

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