SHORT-LIVED COIN ISSUED ON THIS DAY IN 1875

20-cent piece20-cent piece back

The U.S. twenty-cent piece was created at the urging of Senator John Percival
from Nevada. Jones represented the silver miners of the Comstock Lode and
was hoping to increase U.S. silver exports.

The twenty cent coin had one of the shortest mintages and lowest circulation
in US coin history, its mintage for general circulation ceased only two years it
began, for both the series and the denomination. It was minted from 1875 to
1878, but was only released for circulation in 1875 and 1876, with only a few
hundred proofs released during the remaining two years, It was too easily
confused with the quarter.

 

1876_twenty_cents_obv

The 1876-CC twenty-cent piece (shown above) 
is a major rarity, with one such piece having
sold for $460,000 at a Heritage Auction held in
April of 2009.

posted by Bob Karm in ANNIVERSARY,DEBUT,Government,HISTORY,Money and have No Comments

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