The Doomed Denomination American History - 1622 Words

The Doomed Denomination Throughout American history, the United States Mint has coined several denominations that would now be considered â€Å"odd† or â€Å"strange† by the general public: half cent, two cent, three cent, half dime, twenty cent, quarter eagle, three dollar, half eagle, eagle, and double eagle. At the time, however, many of these were seen in everyday circulation, a completely normal denomination. Each of them had a purpose behind its inception and a practical use after mintage. For example, the two cent piece was coined during and after the American Civil War to address the shortage of small denomination coinage. The three cent piece was minted to make purchasing postage more convenient, which was priced at three cents at the time. One of these denominations stands out from the rest: the twenty cent piece. It holds the honor of being the shortest lived circulation denomination in United States history. This, however, should not come as a surprise; the denomination was doomed from the beginning. The Western Dilemma The West had a few issues that led to the inception of the twenty cent piece, one of which was the large supply of silver. Following the passage of the Mint Act of February 12, 1873, production of the silver half dime and silver dollar ceased, reducing the demand for silver by the government. Around this time, several â€Å"large new deposits of silver were being discovered in the West,† increasing the supply of silver and decreasing its value (Anderson). InShow MoreRelatedAmerican History And The American Civil War1610 Words   |  7 PagesThroughout American history, the United States Mint has coined several denominations that would now be considered â€Å"odd† or â€Å"strange† by the general public: the half cent, two-cent piece, three-cent piece, half dime, twenty-cent piece, quarter eagle, three dollar piece, half eagle, eagle, and double eagle. At the time, however, many of these were seen in everyday circulation, a completely normal denomination. Each of them had a purpose behind its inception and a practical use after mintage. For exampleRead MoreThe Religious Of Religious Texts1428 Words   |  6 Pagesbroader context of American religious practices. Body Religion has remained to be a vibrant as well as vital part of the American society. Peretti in his fiction novel elaborates on how evil tries to triumph and take over the small town of Ashton. This clearly indicates that Christianity has not been constant in America and is faced with the immense forces of dark power. Certainly, new interests and issues have emerged but they have not altered the role of religion in the Americans life. DiversityRead MoreIs Religion Become An Outdated Policy?1614 Words   |  7 Pagesrecent rise of this divide that can be traced back to the rise of the evangelical â€Å"born again† christians and their rise to political relevancy and the combat that thus ensued between religious morality and social expectations. The relevant modern history of this issue should be directed at the rise of evangelicals in America from 1960 to the present. While religion is an important element in society I think it has overstepped it’s bounds in the politic al arena and has thus driven once sensible civilRead MoreHow Does the Scarlet Letter Comment on Religion in America? Essay754 Words   |  4 Pages2008). Today there are 313 religions and denominations in the United States; from monotheists who believe in one God, to polytheists who believe in many Gods, to others who believe in no God, or a God as represented by animal spirits, alien groups, or psychoactive substances (ProCon.org, 2008). 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