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Why A Twenty Cent Piece in 1875?

The United States Twenty Cent Coin, often of this smile, asked Uncle Sam to take
called a twenty cent piece, was a unit of the grin out of shopping. He did so by
currency equaling 1/5th of a United minting the twenty cent piece. As it
States dollar. The twenty cent coin had turned out, confusion with the quarter
one of the shortest mintages and lowest was widespread. The public had an
circulations in US coin history, for both enormous dislike for the new coin
the series and the denomination. It was signaled an early end to the
minted from 1875-1878, but was only denomination. In a short time nickels
released for circulation in 1875 and became plentiful, and the twenty cent
1876, with only a few hundred proofs piece having served its purpose was
released during the remaining two years discontinued.On any given day find 50 to
(1877 and 1878). The twenty cent pieces 100 different 20 cent coins on eBay at
has the distinction of being one of the great prices in many different
very few coins minted at the United conditions.Glyn Farber has published a
States Carson City Mint branch in Carson catalog of all known Hickey Brother Cigar
City, Nevada.Why the twenty cent Piece? Store Tokens and co-authored a book about
It was not a coin issued for the benefit Louisiana Trade Tokens. In addition he
of coin collectors. But out west in the wrote several articles for The Token and
1870s there was a shortage of nickels and Medal Society (TAMS) and The National
one cents coins. If you bought a twenty Token Collectors Association (NTCA).
cent article and gave the dealer a Glyn has been a devoted collector of
quarter he received a pleasant smile Louisiana Trade Tokens, Louisiana
instead of a nickel in change, the dealer collectibles and Lake Charles, LA
retaining the nickel for lack of change postcards for almost 40 years.
or used a 5 cent token. The public tired




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