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Cents and half cents not legal tender?
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<p>[QUOTE="Conder101, post: 2079817, member: 66"]At the time only gold and silver were considered to be "real money" and they were the only things considered worthy to be legal tender. (And at that time legal tender meant it HAD to be accepted. No one really wanted anything other than precious metal forced on them.) Copper money was for "tokens". But it wasn't practical to make the very small change out of silver Can you imagine a silver cent a fifth of the size of the half dime? Or a half cent a tenth the size?</p><p><br /></p><p>But the cents and half cents were needed. A cent was real money back then. So they made them out of copper to make the size practical, but didn't make the legal tender so you were't forced to take something that was't "real money"</p><p><br /></p><p>And this was not unique to the US. Copper coins in most if not all countries were not legal tender but merely a convenience for small change.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 2079817, member: 66"]At the time only gold and silver were considered to be "real money" and they were the only things considered worthy to be legal tender. (And at that time legal tender meant it HAD to be accepted. No one really wanted anything other than precious metal forced on them.) Copper money was for "tokens". But it wasn't practical to make the very small change out of silver Can you imagine a silver cent a fifth of the size of the half dime? Or a half cent a tenth the size? But the cents and half cents were needed. A cent was real money back then. So they made them out of copper to make the size practical, but didn't make the legal tender so you were't forced to take something that was't "real money" And this was not unique to the US. Copper coins in most if not all countries were not legal tender but merely a convenience for small change.[/QUOTE]
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