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Seated Half Dime & Shield Nickel Circulated Coin - 438-968


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438-968 - Seated Half Dime & Shield Nickel Circulated Coin
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Seated Half Dime & Shield Nickel Circulated Coin

These were the last silver half dimes produced. The design features Liberty seated on a rock and holding a shield and was first conceived in 1835 and used first on the silver dollar patterns of 1836. The half dime was a silver coin, valued at five cents, formerly minted in the United States. Some numismatists consider the denomination to be the first coin minted by the United States Mint under the Coinage Act of 1792. These coins were much smaller than dimes in diameter and thickness, appearing to be "half dimes". In the 1860s, powerful nickel interests successfully lobbied for the creation of new coins, which would be made of a copper-nickel alloy; production of such coins began in 1865, and were struck in two denominations - three and five cents (the latter introduced in 1866). The introduction of the copper-nickel five-cent pieces made the silver coins of the same denomination redundant, and they were discontinued in 1873. Half Dime (5 Cents) Silver (90% Silver, 10% Copper).

The Shield nickel was the first United States five-cent piece to be made out of copper-nickel, the same alloy of which American nickels are struck today. Designed by James B. Longacre, the coin was issued from 1866 until 1883, when it was replaced by the Liberty Head nickel. The coin takes its name from the motif on its obverse, and was the first five-cent coin referred to as a "nickel" - silver pieces of that denomination had been known as half dimes.

Silver half dimes had been struck from the early days of the United States Mint in the late 18th century. Those disappeared from circulation, along with most other coins, in the economic turmoil of the Civil War. In 1864, the Mint successfully introduced low-denomination coins, whose intrinsic worth did not approach their face value. Industrialist Joseph Wharton advocated coins containing nickel - a metal in which he had significant financial interests. When the Mint proposed a copper-nickel five-cent piece, Congress required that the coin be heavier than the Mint had suggested, allowing Wharton to sell more of the metal to the government. Nickel (75% Copper, 25% Nickel).

Specifications:

  • Coin Type: Seated Half Dime
  • Grade: Circulated
  • Mint Mark: P or O
  • Diameter: 15.5mm
  • Denomination: 5 Cents
  • Mintage Year: 1837-1873
  • Obverse: Seated Liberty
  • Reverse: Words "Half Dime"
  • Specifications:

  • Coin Type: Shield Nickel
  • Grade: Circulated
  • Mint Mark: P or O
  • Diameter: 20.5mm
  • Denomination: 5 Cents
  • Mint Mark: Philadelphia, PA
  • Mintage Year: 1866-1883
  • Obverse: Shield Design
  • Reverse: Words Stars w/ # 5
  • Measurements: 3"W x 3"H.

    Distributed by American Collectors Mint, LLC.


    Dimes    


    Coin Glossary:

    Die: An engraved piece of metal used to stamp a design on a coin.

    Die crack: A small, raised imperfection on a coin resulting from a crack in the stamping die.

    Early release: The Numismatic Guaranty Corporation (NGC) uses this designation for U.S. Bullion Coins during the first month of release from the U.S. Mint. To qualify for Early Release designation, NGC must receive the coins within 30 days of their release by the US Mint or properly documented as being received by an NGC approved entity within the same 30-day release period.

    Encapsulated coin: A coin graded and authenticated by a professional coin service, then sealed in plastic.

    Field: The typically flat area surrounding the relief and not used for legend or inscription.

    Legal tender: Official money issued by the government.

    Legend: The coin's primary lettering.

    Lettered edge: An inscription added to the edge of a coin.

    Luster: The quality of the surface brilliance on a Mint State or Uncirculated coin.

    Mercury dime: Issued from 1916 to 1945, this U.S. dime featured a representation of Liberty in a winged hat that was commonly mistaken for the ancient god, Mercury.

    Mint: A government controlled coin production facility.

    Mint mark: A small letter stamped on a coin that indicates its mint origin, ex. "D" for Denver.

    Mint Set: One coin from each of the available denominations in a particular year, produced by a single mint and made for circulation.

    Mint State (Uncirculated): A regular production coin never used in trade and existing in its original condition.

    Mintage: The number of coins produced.

    NGC: Numismatic Guaranty Corporation.

    Numismatics: The collection and study of monetary objects such as coins and paper bills.

    Obverse: Heads, or a coin's front side.

    Patina: Surface discoloration, typically green or brown, caused by oxidation over time.

    PCGS: Professional Coin Grading Service.

    Planchet: A blank metal piece used to produce a coin.

    Proof: Expertly polished planchets and dies produce these coins which feature an extremely high quality strike, resulting in unmatched detail and brilliant surface finish.

    Reeded edge: A coin edge finish featuring parallel vertical grooves all the way around.

    Relief: The raised portion of a stamped design that sits above the coin's field.

    Reverse: Tails, or coin's back side.

    Rim: The raised ring around the perimeter of a coin designed to reduce wear on the relief.

    Strike: The act of stamping a coin.

    Truncation: The bottom edge of a portrait or bust.

    Wheat penny: Lincoln cents issued from 1909 to 1958 bearing the wheat ear design on the reverse.




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