Twenty-cent piece (United States coin)

Twenty-cent piece
United States
Value20 cents (0.20 US dollar)
Mass5 g
Diameter22 mm
EdgePlain
Composition
Silver0.1447 troy oz
Years of minting1875–1878
Mint marksCC, S. Located beneath eagle on reverse. Philadelphia Mint specimens lack mint mark.
Obverse
DesignLiberty seated
DesignerChristian Gobrecht
Design date1836 (re-engraved by William Barber, 1875)
Reverse
DesignA left-facing bald eagle
DesignerWilliam Barber
Design date1875

The American twenty-cent piece is a coin struck from 1875 to 1878, but only for collectors in the final two years. Proposed by Nevada Senator John P. Jones, it proved a failure due to confusion with the quarter, to which it was close in both size and value.

In 1874, the newly elected Jones began pressing for a twenty-cent piece, which he stated would alleviate the shortage of small change in the Far West. The bill passed Congress, and Mint Director Henry Linderman ordered pattern coins struck. Linderman eventually decided on an obverse and reverse similar to that of other silver coins.

Although the coins have a smooth edge, rather than reeded as with other silver coins, the new piece was close to the size of, and immediately confused with, the quarter. Adding to the bewilderment, the obverse, or "heads", sides of both coins were almost identical. After the first year, in which over a million were minted, there was little demand, and the denomination was abolished in 1878. At least a third of the total mintage was later melted by the government. Numismatist Mark Benvenuto called the twenty-cent piece "a chapter of U.S. coinage history that closed almost before it began".[1]

  1. ^ Benvenuto, p. 60.