Alexander Hamilton, the nation's first Secretary of the Treasury, recommended the issuance of six such coins in 1791. Among the six was a silver coin, "which shall be, in weight and value, one tenth part of a silver unit or dollar." His suggested name for the new coin was a "tenth." Such coin was later called dime deriving from the French disme (modern French spelling dîme), meaning "tithe" or "tenth part," from the Latin decima [pars].
The term "nickel" to a coin actually precedes the usage of five-cent pieces made from nickel alloy. The term was originally applied to the Indian cent coin from 1859–1864 which was composed of copper-nickel which was referred to as "nickels" or "nicks". When the three-cent nickel came onto the scene in 1865, these were the new "nickels" to the common person on the street.
2006-09-18 22:45:27
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answer #1
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answered by ♥ lani s 7
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Nickels are made, in part, out of nickel.
Dime comes from Latin "decem" meaning ten, by way of Middle English and French.
2006-09-19 00:26:21
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answer #2
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answered by banjuja58 4
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i guess it would sound better to say five cent pieces fer th nickel ,i think its even sounds shorter lets see nickel -five cent peces.dime lets see 10 cent pecies. huh im not sure ..i guess there is a better explenation i just dont know what.
2006-09-19 00:32:39
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answer #3
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answered by deerolmind 3
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Because the names sound cool.
2006-09-19 22:38:20
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answer #4
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answered by Sonya 5
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Because if they were called Pence & Quid they'd be English.
2006-09-19 00:38:13
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answer #5
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answered by Anonymous
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they got it from a couple of dudes named nicky and dimwit. both are my neighbors.
2006-09-19 00:31:39
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answer #6
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answered by FinancialPanes 3
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Because they are.
2006-09-19 00:23:34
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answer #7
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answered by prayinfroggy 3
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Why ask why. just know that it is.
2006-09-19 00:26:15
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answer #8
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answered by sweetgurl13069 6
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quarters and pennys are taken..
2006-09-19 00:24:23
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answer #9
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answered by snoogans 5
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