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It was the first American coin to display the phrase In God We Trust, a result of the increased wartime religiosity during the Civil War. Three cent pieces made of silver, and later copper-nickel, were also made around this era. From 1875 to 1878, Twenty cent pieces were made in the Seated Liberty design.
Foreign coins, including the Spanish dollar, were also widely used [9] as legal tender, until 1857. With the enactment of the National Banking Act of 1863—during the American Civil War —and its later versions that taxed states' bonds and currency out of existence, the dollar became the sole currency of the United States and remains so today.
The Anthony dollars, like the Eisenhower dollars, were made from a copper-nickel clad. The 1981 coins were issued for collectors only but occasionally show up in circulation. The Anthony dollar, because of its color, size, and design, was often confused with the quarter. It was never popular and production was suspended after 1981.
There were three general types of money in the colonies of British America: the specie (coins), printed paper money and trade-based commodity money. [2] Commodity money was used when cash (coins and paper money) were scarce. Commodities such as tobacco, beaver skins, and wampum, served as money at various times in many locations. [3]
The Coinage Act of 1792 (also known as the Mint Act; officially: An act establishing a mint, and regulating the Coins of the United States), passed by the United States Congress on April 2, 1792, created the United States dollar as the country's standard unit of money, established the United States Mint, and regulated the coinage of the United States. [1]
The Standing Liberty quarter remains “among the most collectible old coins ever made” by the U.S. Mint, according to Gainesville Coins. The coin’s design made its debut in 1916 but was ...
The Quarter-Dollar, Half-Dollar and Dollar coins were issued in the copper 91.67% nickel 8.33% composition for general circulation and the Government issued six-coin Proof Set. A special three-coin set of 40% silver coins were also issued by the U.S. Mint in both Uncirculated and Proof.
1927-D St Gaudens Double Eagle – When President Roosevelt recalled all gold coins in 1933, about 180,000 Double Eagles were in circulation. Today, there exists 11 to 15 in collectors’ hands.
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