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<p>[QUOTE="Collecting Nut, post: 8238056, member: 74863"]Hahaha Randy. You’re showing your age. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Sorry but I couldn’t resist. Glad someone knew this.</p><p><br /></p><p>Trime coins were minted from 1851-1873. The California Gold Rush brought a vast amount of gold into the country. Silver could be traded for increasing amounts of gold. As a result U.S. silver coins were exported and melted for their metal. With that occurring and the reduction of postage rates to three cents, Congress was prompted to authorize a three cent coin made of .750 fine silver, rather than the conventional .900.</p><p><br /></p><p>The three-cent silver was the first American coin to contain metal valued significantly less than its face value, and the first silver coin not to be <a href="https://en.m.wikipedia.org/wiki/Legal_tender" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.m.wikipedia.org/wiki/Legal_tender" rel="nofollow">legal tender</a> for an unlimited amount. The coin saw heavy use until Congress acted again in 1853, making other silver coins lighter, which kept them in circulation. The public was hoarding silver coins with the higher silver content. Congress also lightened the three-cent silver, and increased its fineness to 900 silver in 1854. </p><p><br /></p><p>The Trime underwent several changes, having three varieties. Almost all of the circulation issues from 1863 to 1872 were melted in 1873. In 1873 only 600 coins were minted, all proofs.</p><p><br /></p><p>Trimes made of Nickel were minted from 1865-1889.[/QUOTE]</p><p><br /></p>
[QUOTE="Collecting Nut, post: 8238056, member: 74863"]Hahaha Randy. You’re showing your age. :) Sorry but I couldn’t resist. Glad someone knew this. Trime coins were minted from 1851-1873. The California Gold Rush brought a vast amount of gold into the country. Silver could be traded for increasing amounts of gold. As a result U.S. silver coins were exported and melted for their metal. With that occurring and the reduction of postage rates to three cents, Congress was prompted to authorize a three cent coin made of .750 fine silver, rather than the conventional .900. The three-cent silver was the first American coin to contain metal valued significantly less than its face value, and the first silver coin not to be [URL='https://en.m.wikipedia.org/wiki/Legal_tender']legal tender[/URL] for an unlimited amount. The coin saw heavy use until Congress acted again in 1853, making other silver coins lighter, which kept them in circulation. The public was hoarding silver coins with the higher silver content. Congress also lightened the three-cent silver, and increased its fineness to 900 silver in 1854. The Trime underwent several changes, having three varieties. Almost all of the circulation issues from 1863 to 1872 were melted in 1873. In 1873 only 600 coins were minted, all proofs. Trimes made of Nickel were minted from 1865-1889.[/QUOTE]
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