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<p>[QUOTE=&quot;Publius2, post: 5395500, member: 105571&quot;]The Mint Act of March 3, 1871 allowed the mint to redeem the nickel and bronze coinage.&nbsp; This non-legal tender coinage was a problem for banks and other commercial enterprises.&nbsp; So, for the next decade, the mint redeemed and melted more than 31 million copper-nickel and 55 million bronze cents and more cents were made from the melt.&nbsp; This went on until 1874 when the mint starting reissuing redeemed coins in addition to whatever they minted new which meant that there weren&#039;t very many new cents minted for a few years.</p><p><br /></p><p>This is a paraphrase of the text from the Whitman book on Flying Eagle and Indian Cents.[/QUOTE]</p><p><br /></p>

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