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19th Century Fractional Currency and 3-Cent Nickel Collection

$155.99

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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...

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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

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19th Century Fractional Currency and 3-Cent Nickel Collection

$155.99