asked 43.1k views
0 votes
To replace the silver half-dime in 1866, Congress authorized this coin:

A) Nickel.
B) Dime.
C) Quarter.
D) Dollar.

asked
User Gaui
by
8.2k points

1 Answer

6 votes

Final answer:

The coin that replaced the silver half-dime in 1866 was the Nickel (A).

Step-by-step explanation:

The coin that Congress authorized to replace the silver half-dime in 1866 was the Nickel (A). Congress passed the Coinage Act in 1835, which shifted towards a hard money policy. This policy replaced paper currency with gold coins in commercial transactions. The nickel coin was introduced as part of this shift.

answered
User Mankarse
by
8.6k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.