Numismatic News

NICKEL IN COIN AGE

Nickel is one of the most widely used metals in modern coinage, though this was not always true. It was first discovered by the Swedish chemist Axel Cronstedt in 1751. The name of the metal is derived from “Old Nick” (the devil) because of its extreme hardness.

Although the United States in 1857 was the first modern nation to use a copper-nickel alloy for its coinage, it had actually been used in the ancient world by the Indo-Greek kingdom, in what is now Pakistan and Northwestern India. Under King Pantaleon (190–185 B.C.), for example, coins of small value were struck in an alloy consisting mostly of copper and nickel.

The United States was closely followed by Belgium in 1860 and Switzerland in 1879. The latter pieces are especially interesting as the head of Liberty on the Swiss pieces is similar to those of the United States, having “LIBERTAS” (Liberty) on the headband.

The Indo-Greek nickel coinage was soon forgotten, but in the early 1800s German chemists began to experiment with nickel. In its pure state it was then considered too hard for practical use, but in the city of Hildburghausen one ingenious person combined nickel, copper and zinc to form nickel silver, or German silver as it is sometimes called at the present time. This alloy has a fine finish, is resistant to scratches and

You’re reading a preview, subscribe to read more.

More from Numismatic News

Numismatic News4 min read
Grading Your Coins
Careful consideration must be given to the condition of a coin before arriving at its value, since a minor difference in grading can mean a substantial difference in price. There are several factors to keep in mind when attributing varying grades of
Numismatic News2 min read
ACEF to Fund Public Ed Program
The Anti-Counterfeiting Educational Foundation’s (ACEF) Board of Directors has approved a $377,000 budget to fund a public education program that includes presence on popular social media platforms such as YouTube, Facebook and Instagram as well as a
Numismatic News5 min read
Toning: Good News or Bad?
Much has been written on the topic of toning on coins, particularly on silver coins. Is toning to be avoided in favor of untoned coins? Or is some or a lot of toning worth a significant premium? For the most part, this seems to be a matter of collect

Related