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How well did the U.S. 2, 3 and 20 cent coins circulate?
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<p>[QUOTE="Conder101, post: 1231179, member: 66"]Coinhead</p><p><br /></p><p>Your information on the stamps is interesting but your explanation of the spanish coins is all messed up. The Spanish milled dollar (our term for it) was a coin denominated as 8 Reales. During times of coin shortage these would be cut up to make change. They would cut cut in half (half dollar or 4 reales), quarters (quarter dollar or 2 reales) or eighths (1 /8 of a dollar, 1 reale or in the slag of the time 1 bit.) The Spanish also made whole coins with the denominations of half reale (equal to about 6 1/4 cents), a one reale or bit equal to 12 1/2 cents, a two reales, two bits or quarter dollar, and a four reales 4 bits or half dollar. (They also made a 1/5 dollar piece called a pistereen which was worth 20 cents but it didn't fit in with anything else and was quite unpopular.)[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1231179, member: 66"]Coinhead Your information on the stamps is interesting but your explanation of the spanish coins is all messed up. The Spanish milled dollar (our term for it) was a coin denominated as 8 Reales. During times of coin shortage these would be cut up to make change. They would cut cut in half (half dollar or 4 reales), quarters (quarter dollar or 2 reales) or eighths (1 /8 of a dollar, 1 reale or in the slag of the time 1 bit.) The Spanish also made whole coins with the denominations of half reale (equal to about 6 1/4 cents), a one reale or bit equal to 12 1/2 cents, a two reales, two bits or quarter dollar, and a four reales 4 bits or half dollar. (They also made a 1/5 dollar piece called a pistereen which was worth 20 cents but it didn't fit in with anything else and was quite unpopular.)[/QUOTE]
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How well did the U.S. 2, 3 and 20 cent coins circulate?
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