You are viewing a single comment's thread:
RE: American Coins from the Turn of the Century
When I read the word Nickel, I remembered the time in Venezuela when all the circulation coins were Nickel, once there was a shortage to the point that all the Nickel coins disappeared, as usual some groups of criminals started to collect all those coins, then melt them and sell them to the Chinese, when people found out about that, they also started to do the same, in any case the coins disappeared, there are still a few left in the hands of collectors.
 |  |
|---|
I only have that 25 centavos Bolivar.
!BBH
0E-8 BEE
That's fascinating! Nickel is a "war-time" metal, demand usually goes up when nations are army building. Interesting that China was buying nickel metal. The US "nickel" only has 25% nickel and the rest copper, so I don't know why they're called a "nickel". It was the first non silver coin in the US (besides the penny), so I think the name was an attempt to created demand for an unusual metal for it's time. Nickel was still pretty rare at the turn of the century, but it's very common today.
I wonder if the Bolivar can still be found these days, or if they're all melted down!
No, in 1982, the central bank declared that there were no more nickel coins, and in that same communiqué they said that they were already commanding to make new coins, to solve the problem of the shortage of coins, they created bills like this one
These small bills are the size of the Monopoly game bills, and Venezuelans called them Monopoly bills.
View more