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<p>[QUOTE="johnmilton, post: 3446520, member: 101855"]The nickel 5 cent piece was introduced in 1866. During the Civil War all gold and silver coins, including the silver half dime, which was the forerunner to the nickel, were hoarded for their metal content. The 5 cent nickel was introduced to redeem and replace 5 cent fractional notes which had become an embarrassment to the govenment. </p><p><br /></p><p>After the nickel was introduced, people found it more convenient to use that the tiny half dime. The composition of the piece has not changed since 1866, except during World War II. Nickel was a vital war material, and for that reason it was removed from the 5 cent piece from mid 1942 until 1945. </p><p><br /></p><p>The coin you have is a common date in the series and well worn. It is not worth very much as a collectors’ item but of historic interest. Think of it this way. Teddy Roosevelt was president when it was issued.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 3446520, member: 101855"]The nickel 5 cent piece was introduced in 1866. During the Civil War all gold and silver coins, including the silver half dime, which was the forerunner to the nickel, were hoarded for their metal content. The 5 cent nickel was introduced to redeem and replace 5 cent fractional notes which had become an embarrassment to the govenment. After the nickel was introduced, people found it more convenient to use that the tiny half dime. The composition of the piece has not changed since 1866, except during World War II. Nickel was a vital war material, and for that reason it was removed from the 5 cent piece from mid 1942 until 1945. The coin you have is a common date in the series and well worn. It is not worth very much as a collectors’ item but of historic interest. Think of it this way. Teddy Roosevelt was president when it was issued.[/QUOTE]
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