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<p>[QUOTE=&quot;scottishmoney, post: 475657, member: 12789&quot;]Mine is one I own, well do until I sell it early next year or so:</p><p><br /></p><p style="text-align: center"><img src="http://www.geocities.com/scottishmoney/usa/186810centspattern.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p> <p style="text-align: center"><br /></p><p style="text-align: left"><b>The devasting social and economic crises initiated by the Civil War were consequential long after the conclusion of hostilities in 1865. One such consequence was inflation and the erosion in the value of the dollar, especially the newly released Federal paper money, ie the Legal Tender notes. But minor coinage disappeared because of hoarding also, necessitating the Treasury to print small pieces of paper money called <a href="http://www.geocities.com/scottishmoney/banknotes/usa/usafra.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.geocities.com/scottishmoney/banknotes/usa/usafra.html" rel="nofollow">Fractional Currency</a> which supplanted coins during this time. </b></p> <p style="text-align: left"><b><br /></b></p> <p style="text-align: left"><b>The US mint looked at viable alternatives to minting lower value, ie 3¢, 5¢ and 10¢ in metals other than silver. The 3¢ piece was minted in a new cupro-nickel composition from 1865, whilst the 5¢ was minted in cupro-nickel from 1866 and was positioned to replace the previous Half Dime which was a silver coin. The next denomination in the scenario was the 10¢ coin. This denomination was prepared in copper, and cupro-nickel patterns beginning in 1868, using James Longacre&#039;s Large Cent hubs from the 1857 issue of Large Cents. Some curious pieces were prepared with the 1868 date, but everything else common to the Large Cent, including the denomination. Approximately two dozen each were prepared with &quot;Ten Cents&quot; on the reverse, in copper, and cupro-nickel. This particular piece is a toned cupro-nickel that is PF-62 as graded by PCGS. I have been fascinated with these unusual patterns, the size of them, the metal composition, the denomination, but most importantly the connection with the previously issued Large Cents of 1855-1857 since I was a kid and read about them in a coin magazine.</b></p> </p><p>[/QUOTE]</p><p><br /></p>

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