Numismatic News

1851-O 3-Cent Piece: An Obscure Piece of History

The year 1851 was an interesting but troubled time. The price of silver had moved to a point where silver coins of the United States could be sold, and as a result people had started hoarding silver. That caused a major problem in circulation since back in the 1850s all the coins in circulation except for large cents, half cents and gold were silver.

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