United States: silver 20-cent piece, 1875, Philadelphia mint

I'm in a "7" voting mood so far this morning.
It's a pleasing look at the grade level and a 20 cent piece is always eye-catching.

 

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The short answer is that the silver interests from the western states were trying to get the Federal Government to use up more silver to support the price of the metal. There was a glut of silver on the market because of high production in the western states.

The historical political answer was that Nevada Senator John Percival Jones said that consumers were getting shortchanged. If someone bought an item that cost a bit or 12 and a half cents, they only got a dime in change, which left the merchant on the long end of the bargain. Jones argued that with a twenty cent piece or double dime, the customer would still get back a dime which would leave him or her on the long end of the bargain.

If that were true, the logical reaction would have been to have expanded the coinage of cents to the western branch mints, but that was too easy. The alternative, which passed, pleased the political interests.

 

I like the coin been trying to get one but there always so expensive or extreme bidding wars happen.

 

An attempt to promote the Penticimal system of coinage? Anyhow it's a very, very nice circam.

 

Yeah, I saw all of that in the Red Book. I just wish my friend could have given me his 1875 (P). I shouldn't feel "sour grapes". After all, I didn't have to pay for it.

 

hey lordmarcovan i give her a 8, mainly because of the wear. nice coin, love that eagle. good luck man

 

I give it a 7. I like the wear but would have preferred a bit less. On the whole, a nice looking coin.