19th Century Fractional Currency and 3-Cent Nickel Collection
$155.99
In StockIn StockOut of stockDuring the Civil War, coinage was hoarded when the value of the metal exceeded the face value of the coins. As a result, small change was scarce and day-to-day commerce was seriously threatened. In response to the crisis, in 1862 the government issued small denomination currency, like the 3-Cent variety seen here, which by definition was worth a fraction of a dollar. The paper currency wore out quickly, and in 1865, the 3-Cent Nickel was introduced as an alternative. Seldom seen outside of private collections and well over 100 years old, these fascinating historic oddities are handsomely mounted in a...
During the Civil War, coinage was hoarded when the value of the metal exceeded the face value of the coins. As a result, small change was scarce and day-to-day commerce was seriously threatened.
In response to the crisis, in 1862 the government issued small denomination currency, like the 3-Cent variety seen here, which by definition was worth a fraction of a dollar. The paper currency wore out quickly, and in 1865, the 3-Cent Nickel was introduced as an alternative.
Seldom seen outside of private collections and well over 100 years old, these fascinating historic oddities are handsomely mounted in a sturdy 8"x 10" acrylic frame. A very special gift for any history buff!
11 3/8" x 9 3/8" x 5/16" - wood, plexiglass, cardboad, coin, paper
