Currency – Skidmore Standard 1901-06-28

The following is an index entry from the Index to the Skidmore Standard, 1901.  Short entries are transcribed in the “Notes or transcript” field, while longer articles are summarized.  To obtain a copy of longer articles, contact your library’s Interlibrary Loan department or the State Historical Society of Missouri.

Last name, company name or subject:  Currency

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Article title:  Money With a Hole in It

Notes or transcript:  “Uncle Sam, it is said, is to coin a new 3-cent piece. The new coin is to be made of nickel and its radical difference from all other coins with Uncle Sam’s mint mark on them lies in the fact that it will have a hole in the center. It is the supposition that this hole in the middle will enable the hurried handler of the coin to detect its value by the sense of feeling. Some such safeguard is considered necessary for the reason that it is to be about the size and weight of the present nickel 5-cent piece. The size of the center hole in the proposed coin will be large enough to make it merely a ring of metal, this hole being about one half the diameter of the coin. It will prevent one of the difficulties which handlers of small silver coins were troubled with when metal money began to circulate after the era of paper money. – Ex.”

Newspaper:  Skidmore Standard

Date (YYYY-MM-DD):  1901-06-28

Volume:  7

Issue:  10

Page:  8

Column:  1