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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 history of the United States dollar began with moves by the Founding Fathers of the United States of America to establish a national currency based on the Spanish silver dollar, which had been in use in the North American colonies of the Kingdom of Great Britain for over 100 years prior to the United States Declaration of Independence.
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 ...
^α Some Early United States commemorative coins were minted in this denomination. ^β Some Modern United States commemorative coins are minted in this denomination. ^γ The United States government claims that it never officially released the 1933 double eagle.
The CC, O, C, and D mint marks were used on gold and silver coins for various periods from the mid-19th century until the early 20th century by temporary mints in Carson City, Nevada; New Orleans, Louisiana; Charlotte, North Carolina; and Dahlonega, Georgia. Most such coins that still exist are now in the hands of collectors and museums.
Confederate States of America currency (1 C, 2 P, 1 F) Pages in category "Historical currencies of the United States" The following 48 pages are in this category, out of 48 total.
For its value relative to states' currencies, see Early American currency. Continental currency depreciated badly during the war, giving rise to the famous phrase "not worth a continental". [42] A primary problem was that monetary policy was not coordinated between Congress and the states, which continued to issue bills of credit.
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 .