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The Goldback is a fractional gold commercial product marketed as a local currency which has seen limited use in some U.S. states, and sold and marketed by Goldback, Inc. of Utah. The Goldback contains a thin layer of gold within a polymer coating equivalent to 1/1000 of an ounce. [1]
The $100,000 bill, a gold certificate from Series 1934, is the largest denomination banknote ever produced in the United States; it was printed to facilitate transactions between Federal Reserve Banks, and was never issued for usage by the public.
The United States dollar was also bimetallic de jure until 1900, worth either 24.0566 g fine silver, or 1.60377 g fine gold (ratio 15.0); the latter revised to 1.50463 g fine gold (ratio 15.99) from 1837 to 1934. The silver dollar was generally the cheaper currency before 1837, while the gold dollar was cheaper between 1837 and 1873.
Today [when?] it is known to hold ten 1933 Double Eagle gold coins, a 1974-D aluminum cent, and twelve gold (22-karat) Sacagawea dollar coins that flew on the Space Shuttle Columbia, specifically STS-93 in 1999. The depository is a secure facility. Between its fenced perimeter and granite-lined concrete structure lie rings of razor wire.
The gold dollar or gold one-dollar piece is a gold coin that was struck as a regular issue by the United States Bureau of the Mint from 1849 to 1889. The coin had three types over its lifetime, all designed by Mint Chief Engraver James B. Longacre. The Type 1 issue has the smallest diameter (0.5 inch =12.7mm) of any United States coin minted to ...
Kansans could start using gold and silver as currency to cover debts, taxes and state fees if the Kansas specie legal tender act is passed. Twenty-seven Kansas representatives sponsored the bill ...
The states in the far west stayed loyal to the Union, but also had hard money sympathies. During the specie suspension from 1862 to 1878, western states used the gold dollar as a unit of account whenever possible and accepted greenbacks at a discount wherever they could. [3]
This gold price increase turned steep after President Richard Nixon unilaterally ordered the cancellation of the direct convertibility of the United States dollar to gold in 1971, an act later known as the Nixon Shock. In 1972, the price hit a high of over $70/ounce (2.25 $/g).
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