Quick Facts About the Three Cent Nickel
- The three cent nickel was designed by James Barton Longacre, the Chief Engraver at the United States Mint.
- It was introduced in 1865 to supplement the three cent silver (an existing three-cent coin that was being kept out of circulation by post-Civil War hoarders). It was also intended to replace the very unpopular three cent paper notes (“fractional currency,” also derisively nicknamed “shinplasters”).