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Shield Nickels
1866 to 1883
Shield Nickels
1866 to 1883
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The first five cent piece composed of nickel made its debut in 1866. A long history of using silver in preference was disrupted by the American Civil War. Intensive lobbying by industrialist Joseph Wharton all but ensured a long life for the new type of coin whose descendants continue to be produced to this day.
For approximately seventy-three years prior, the five cent coin was struck in silver and was known as a half dime. Its design and usage played as a counterpart to the larger silver denominations of the contemporary eras and it was typically struck at all Mints that made silver coins. When the Civil War broke out in 1861, a lack of trust nationwide by the public saw to the disappearance and hoarding of specie coins. Gold coins made in quantity by the California Gold Rush vanished, as did silver coins while the war took its toll on the economy. Eventually, the copper-nickel cent went unseen, leaving most of the United States without circulating Federal Coinage.