![]() ![]() Thereafter, Morris writes, the two corresponded on the "subject of the Coin. The law dictated that the five-cent coin must be composed of 75 copper and 25 nickel, with a diameter of 20. In an April 2, 1783, entry in his diary, Morris writes of "a Piece of Silver Coin being the first that has been struck as an American Coin."Ī week later, he was visited by Alexander Hamilton – who was to become the first Treasury secretary of the United States six years later and who presumably examined the coin himself. The United States first minted the nickel five-cent piece in 1866 with a prominent heraldic shield on the obverse. From 1781 to 1784, when the young nation was still governed by the Articles of Confederation, Morris served as the superintendent of finance for the United States. American paper currency comes in seven denominations: 1, 2, 5, 10, 20, 50, and 100. If McCarthy's evidence is solid, the coin he has was mentioned in the diary of Robert Morris, a Philadelphia merchant who financed the American Revolution and signed the Declaration of Independence. The president of the American Numismatic Association, Jeff Garrett, has pronounced McCarthy's research as "really, really good." The evidence all pointed to him having uncovered the nation's first coin," the news agency says. ![]() Bureau of Engraving and Printing creates U.S. But they are still legal tender and may still be in circulation. The United States no longer issues bills in larger denominations, such as 500, 1,000, 5,000, and 10,000 bills. "He compared the beadings on the edges of the different coins, as well as a dent in the eye at the center of the "500" coin and its plain cousin. American paper currency comes in seven denominations: 1, 2, 5, 10, 20, 50, and 100. Then, as he was reviewing the receipts for the steel dies used to make the coins, he found evidence that "two of the dies had been recycled and refined after the first coin was struck," the AP writes. He searched through the National Archives, but got conflicting answers. Us Collection mint used On Cards Pages Love Prominent Americans Commemorate W-98 20.00 2.00 shipping or Best Offer American Commemorative Collections 1988, 1989, 1990 First Day Souvenir Pages 39.99 Free shipping American Commemorative Collections 1988 First Day of Issue Souvenir Pages 39.
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