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Canceled denominations of United States currency

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This article is about denominations of the United States dollar that were not released for circulation. For denominations that were circulated but later withdrawn, seeObsolete denominations of United States currency.
Canceled banknotes and coins of the United States dollar

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TheUnited States has severalcoins andbanknotes which were proposed at one time but never adopted.

Banknotes

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A three dollar bill was proposed two times during the 1860s. A design was engraved for a potential $3United States Note, and a 1865 law called for a $3National Bank Note, but neither proposal came to fruition.[citation needed]

DenominationObverseReverseNotes
$3 noteNot to be confused withfake or privately issued obsolete notes or the three-dollarContinental currency banknotes issued during theAmerican Revolution

Coinage

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There have been several United States coins which were proposed but never adopted. Most of the coins listed below, although never adopted, were produced in limited numbers aspatterns.

DenominationObverseReverseWeightDiameterMaterialEdgeMintedNotes
Silver center cent
4.48 g24.00 mmCu (ring)
Ag (plug)
reeded1792The first and only USbi-metallic coin until the2000 Library of Congress ten dollar coin.
Ring cent
various weights90% Cu10% Ag[a]1850–1851, 1853[b], 1884–1885196 ring cents (originals and restrikes) are known to exist.[1] Examples exist with or without a hole.
Aluminum cent
0.937 g19.05 mm96%Al
4% trace metals
plain1973–19751,579,324 coins dated 1974 were produced, but were not put in circulation and nearly all were later destroyed.[2]
Two-cent billon
3.84 g~13.00 mm90% Cu
10% Ag
plain1836[3]
Two and a half cent piece
2.5¢
unknownunknownunknownunknownnever mintedProposed in 1916 by US mint directorRobert W. Woolley.[4]
Civil War tokens of this denomination exist.
Three-cent bronze
10.89 g28.57 mm95% Cu
5% Zn
plain1863
Ring nickel
plain1884–1885[5][6]
Gold ring half dollar
50¢
1852[7]
Gold ring dollar
$1
1849, 1852[8][9]
Two dollar piece
$2
unknownunknownunknownunknownnever mintedProposed but not minted.[10] Some privately struck renditions exist.[11]
Stella
$4[12][13]
7.00 g22 mm6.00g Au
0.30g Ag
0.70g Cu
reeded1879–1880[14]
Half-union
$50
83.58 g50.80 mm90% Au
10% Cu[c]
reeded1877Commemorative coins of this denomination were issued in 1915.[16]

Severalbullion coins are produced in this denomination.

Union
$100
unknownunknown90% Au
10% Cu
unknownnever mintedCanceled before any patterns could be minted (fantasy coin shown).

Somecommemorative and bullion coins are minted in this denomination.

Notes

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  1. ^Pattern coins for the ring cent were struck in various metals, including copper, aluminum, and nickel, as well asbillon.
  2. ^1853 ring cents are restrikes dated 1850, although they can be distinguished from the original 1850 cents in that they use a different reverse design.
  3. ^Although circulation strikes of the Half Union were to be 90% gold 10% copper, only two of the twenty known pattern coins were struck with this composition. The other 18 were struck in 100% copper, although some were later plated with gold by the mint.[15]

References

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  1. ^"1792-1856".uspatterns.stores.yahoo.net. Archived fromthe original on March 24, 2019. RetrievedMarch 24, 2019.
  2. ^Yeoman 2014, p. 123.
  3. ^Yeoman 2014, p. 375.
  4. ^"Mint proposed 2.5-cent piece in 1916".Coin World. RetrievedMarch 22, 2019.
  5. ^"J1724/P1934".uspatterns.com. RetrievedJune 25, 2019.
  6. ^"J1742/P1954".uspatterns.com. RetrievedJune 25, 2019.
  7. ^"J135/P162".uspatterns.com. RetrievedJune 25, 2019.
  8. ^"J115/P130".uspatterns.com. RetrievedJune 25, 2019.
  9. ^"J136/P163".uspatterns.com. RetrievedJune 25, 2019.
  10. ^"Dr. Sol Taylor: Our Odd-Denomination Coins". RetrievedMarch 22, 2019.
  11. ^"Coin Designs by Daniel Carr. 1987-2001 Apollo Astronaut dollar, two dollar bi-metallic circulating coins". RetrievedMarch 23, 2019.
  12. ^Shark, Bullion (June 8, 2022)."The $4 Stella Gold Coin: A Failed Idea That Collectors Loved".CoinWeek: Rare Coin, Currency, and Bullion News for Collectors. RetrievedJune 28, 2025.
  13. ^"The History of U.S. Coins - APMEX".learn.apmex.com. June 13, 2025. RetrievedJune 28, 2025.
  14. ^Yeoman 2014, p. 254.
  15. ^"Fifty Dollar".uspatterns.stores.yahoo.net. RetrievedMarch 27, 2019.
  16. ^Yeoman 2014, p. 289.

Bibliography

[edit]
United States currency and coinage
Topics
Current coinage
Bullion coinage
Current paper money
Discontinued denominations
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Topics
Coins
Gold coins
Currency
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