Historical Events tagged with "nickel"
Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.
Economics & Industry
Establishment of the Nickel by Congress
May 16th, 1866 158 years ago
Congress passed the Coinage Act, establishing the nickel as a five-cent coin. The new currency featured a portrait of Liberty on the obverse and a representation of a seated Liberty on the reverse. The introduction aimed to address the shortage of small denominations in circulation, particularly due to the Civil War's economic pressures. The nickel would eventually become an integral part of American currency.
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