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Early American currency went through several stages of development during the colonial and post-Revolutionary history of the United States. John Hull was authorized by the Massachusetts legislature to make the earliest coinage of the colony (the willow, the oak, and the pine tree shilling ) in 1652.
The Coinage Act of 1792 established the United States Mint and regulated the coinage of the United States. [3] The act created coins in the denominations of Half Cent (1/200 of a dollar), Cent (1/100 of a dollar, or a cent), Half Dime (also known as a half disme) (five cents), Dime (also known as a disme) (10 cents), Quarter (25 cents), Half Dollar (50 cents), Dollar, Quarter Eagle ($2.50 ...
$5 United States Note of Series 1963 $100 United States Note of Series 1966. A United States Note, also known as a Legal Tender Note, was a type of paper money that was issued from 1862 to 1971 in the U.S. Having been current for over 100 years, they were issued for longer than any other form of U.S. paper money.
Continental currency 1/3-dollar note (obverse), with the inscriptions "Fugio" and "Mind your business".. On April 21, 1787, the Congress of the Confederation of the United States authorized a design for an official copper penny, [3] later referred to as the Fugio cent because of its image of the Sun and its light shining down on a sundial with the caption, "Fugio" (Latin: I flee/fly, referring ...
The Continental Currency dollar coin (also known as Continental dollar coin, Fugio dollar, or Franklin dollar) was the first pattern coin struck for the United States. [1] [2] The coins, which were designed by Benjamin Franklin, were minted in 1776 and examples were made on pewter, brass, and silver planchets. [3]
The first series of Federally-issued United States banknotes was authorized by Congressional acts on 17 July 1861 (12 Stat. 259) and 5 August 1861 (12 Stat. 313). While the Demand Notes were issued from the United States Treasury, they were engraved and printed elsewhere. In 1861, in fact until the mid-1870s, the Treasury Department lacked the ...
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The Texas dollar was the currency of the Republic of Texas. Several forms of currency were issued, but an ongoing economic depression made it difficult for the government to provide effective backing. [1] The republic accepted the standard gold and silver coins of the United States, but never minted its own coins. [2]