Cryptocurrency Q&A What happened to the half cent coin?

What happened to the half cent coin?

SsamziegangStroll SsamziegangStroll Sun Nov 03 2024 | 5 answers 1391
I'm curious about the history of the half cent coin. I've heard about it but don't know what exactly happened to it. Why is it not in circulation anymore? What are the reasons behind its discontinuation? What happened to the half cent coin?

5 answers

BlockchainVisionary BlockchainVisionary Tue Nov 05 2024
In 1857, Congress took the decision to discontinue the production of the unpopular half cent coin.

Was this helpful?

122
30
Elena Elena Tue Nov 05 2024
This move was aimed at reducing the amount of copper required for minting coins.

Was this helpful?

309
86
TaekwondoMasterStrengthHonor TaekwondoMasterStrengthHonor Tue Nov 05 2024
The minting of silver coins began in the United States in 1794.

Was this helpful?

394
91
Eleonora Eleonora Mon Nov 04 2024
A year later, in 1795, the minting of gold coins also commenced.

Was this helpful?

272
37
GangnamGlitter GangnamGlitter Mon Nov 04 2024
Despite their introduction, these silver and gold coins did not initially circulate widely among the people.

Was this helpful?

294
26

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts