Message:

<p>[QUOTE=&quot;medoraman, post: 6362595, member: 26302&quot;]There once was a man who had a small nickel mine in upstate New York. He had a lot of friends in Washington DC. He used his friends in Washington to convince others that the large cent was too large, and they should make a smaller coin valued 1 cent with a copper nickel alloy, (the nickel coming from his mine). This worked pretty well, the new coin coming out in 1857. However, a pesky Civil War broke out and pretty soon even the new cents were being hoarded due to nickel composition. After a while, private citizens started issuing copper only cent tokens, the mint noticed people accepted them, so the mint started making copper only cents.</p><p><br /></p><p>Well the nickel miner didn&#039;t like this. He went to his friends again and now said, &quot;its silly to have silver 3 cent pieces, they are all being hoarded. Surely a nickel 3 cent piece would not be hoarded&quot;. They started making nickel-copper 3 cent pieces but the volume was not great, (since no one really wanted a 3 cent piece anyway). Well, Mr. nickel miner noticed ANOTHER tiny silver coin, this one the half dime, and used his Washington friends once again to make a change and start making a nickel-copper 5 cent piece.</p><p><br /></p><p>That is where we are today 150+ years later.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in