Did you know that the nickel came into existence as a result of a mistake? Find out how these coins mhw hunter king coins were born, and about their history and what to do with them. The following is a list of eight amazing coins facts that you may not have known about:
1. The Latin words for Nickel are ‘Nicolaus’ and ‘nickel’.
The word nickel was first discovered by a German named Christian Hübner in the year of 1751. The word nickel originated from the German word “Kupfer” which means copper or copper alloy. While the Americans had called their coinage the Spanish Dollar, which was renamed with the American dollar in 1857.
However, the Spanish dollar was later replaced by the U.S. dollar in 1873 and then again to be known as 100 centavos piece or later, 1 centavo coin or nickel. On April 11, 1866 when U.S. Secretary of the Treasury, Hugh McCulloch declared that a five-cent coin with nickel would be issued. Thus, it was released and circulated into the public on February 21, 1867. It was then discontinued in the year of 1883, because of its worthlessness due to widespread counterfeiting. It remained in production until 1889. The alloy was used to produce the five-cent piece again in 1913 and has been produced since then.
2. Before the word nickel was adopted, other names were also used;
From 1866 to 1915, it was called five-cent piece or five cent piece while from 1866 up to 1889, they were named as shield nickels. The nickel was coined in 1866, and it was called the five-cent piece until 1871, when it was changed to half dime; then in 1873, it was named as the U.S. half dollar. Also in 1883, another name for the coin called Liberty Head Nickel was given as a result of a report by J.N. Rose showed that they were circulating at a rate greater than 1 million each year.
3. There are two nicknames for the nickel. They are five-cent pieces and five-cent pieces.
The nickel is called a five-cent piece in some regions of the country, which were mostly in the New England states, like Massachusetts, New Hampshire, Wisconsin and Minnesota. On the other hand, it is called a five centime piece in a few small states like Montana, Delaware and Maine. It was not until 1891 that they became officially designated as half cents.
4. The term Nickel refers to a major ore used for making copper (native copper), before it was used to make coins.
The original use of this coin called “Nickel” comes from the word “Kupfer” or German Copper. The abbreviation used by the Germans for nickel is “Ni”, which later became “Ni” and then abbreviated as “Ni”.
5. The coin nicknames are also used in different languages;
In French, it is called as the five-centime nickel or in English, it is named as the five-cent half dime. In Dutch, it was once called as kwartje while in German, it was once called as fünffziger. In Sweden, they are known to be named as femmynt while they are known to be designated into Spanish language terms as pepita de cinco centavos. The United States Nickel, the Great Britain British nickel, and the German word “Drei Pfennig” literally translates as “three-penny nickel”.
6. The U.S. nickel was first minted in 1938 but was later discontinued during the Second World War.
The U.S.-Nickel was first minted in 1938, after which it was redesigned by Charles Barber in 1945 when it was released for production. In 1964, a circulating commemorative coin was released for collectors with a diameter of 83 millimeters and a thickness of 6 millimes; it featured an episode of Dwight D. Eisenhower’s presidency on its obverse and an American bison on its reverse designed by Adolph A. Weinman. Then in 1986, the first Westward Journey Nickel was issued with a diameter of 27 millimeters and a thickness of 2 millimeters. The theme of this coin is based on the Lewis and Clark Expedition.
7. The nickel has been produced in three different metals or alloys for coins;
The first nickel coin was in 1866 when it was minted with an alloy of copper (75%) and silver (25%). However, the same kind of nickel had lesser silver while the rest copper due to a rising copper price. In 1883, it was minted with an alloy of copper-nickel called cupronickel that is 75% copper and 25% nickel. The other two were cupronickel (75% copper and 25% nickel) that was minted between late 1960s and mid 1970s, which have been replaced by a coin made of pure copper called clad. The clad coin is called a plated steel or plated zinc coin. The nickel was minted in cupronickel in 2004, but no new coins were minted due to the United States financial crisis and many other issues.
8. The first U.S. coins to use the characteristics of the nickel were gold certificates;
The first U.S. coins to use the characteristics of the nickel were gold certificates introduced in 1896, which were circulating banknotes issued by the Treasurer of the United States. They were first issued in denominations of $10, $20, and $50. However, the production continued until 1928 when it ceased. Currently, there are three major circulating physical coins that have been produced with a likeness of the nickel; they are both nickel-plated steel and copper-nickel coins and copper-clad composition coins.
In 1977 until 1981 and from 1982 to 2011 this coin was called the Susan B. Anthony dollar but was discontinued due to its unpopularity as well as due to advanced counterfeiting technology.
Nickel has a total weight of 8 grams (1/3 oz.), a diameter of 27.2 millimeters (1.053 inches), and a thickness of 2.5 millimeters (0.097 inches). Its value is $0.055 in 100 dollars and it was first made in 1938 when it replaced the U.S.-Nickel, which was discontinued during the Second World War. It is one of the most durable metals and coins due to its high hardness and less process for making them; these characteristics have given it an almost infinite lifespan in comparison to other standard coins that are mainly made from zinc or copper alloys.