The Half Cent, first minted in 1793, holds the distinction of being the smallest denomination ever circulated by the United States. Initially introduced to facilitate commerce for items priced below a cent, such as newspapers and postage, the Half Cent featured various designs throughout its production. Production continued until 1857, when it was officially discontinued due to rising costs of production and changing economic needs. Despite its small denomination, the Half Cent remains a cherished piece of American numismatic history, reflecting early economic practices and cultural trends.
Why Was it Made?
The Half Cent was introduced in 1793 to facilitate commerce for items priced below a cent, such as newspapers and postage. It provided a practical solution for transactions requiring smaller denominations in a young economy striving for monetary stability and flexibility.
Why Did It End?
The Half Cent ended production in 1857 due to rising costs of production and declining purchasing power. As the economy grew and inflation adjusted the value of currency, smaller denominations became less practical, leading to its discontinuation.
| Year | Species | Front | Back | Evolve |
|---|---|---|---|---|
| 1793–1797 | Liberty Cap (Liberty wearing a cap) |
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| 1800–1808 | Draped Bust (Her bust is draped) |
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| 1809–1836 | Classic Head (Liberty on headband) |
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| 1840–1857 | Braided Hair (Her hair is braided) |
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