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The history of the United States dollar began with moves by the Founding Fathers of the United States 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.
Five examples of a pattern quintuple stella denominated at 20 dollars were produced in 1879 as well. These coins used a modified version of the then-current Liberty Head (Coronet) design of the double eagle, replacing the stars on the obverse with "★30★G★1.5★S★3.5★C★35★G★R★A★M★S★", and the motto IN GOD WE TRUST on the reverse with the same DEO EST GLORIA found on the ...
Because of the high value of gold, the gold dollar is the smallest coin in the history of U.S. coinage. ... 1879–1885 (Proofs only) Morgan dollar 1878–1904, 1921;
The Seated Liberty design remained standard on all American coins ranging from half dimes to half dollars for decades, but by 1879—the year after the Bland-Allison Act caused a drastic curtailment in the mintages of Seated Liberty half dollars, quarters, and even dimes until 1883, there was increased criticism and calls for its replacement ...
The Morgan dollar is a United States dollar coin minted from 1878 to 1904, in 1921, and beginning again in 2021 as a collectible. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar.
The United States trade dollar was a dollar coin minted by the United States Mint to compete with other large silver trade coins that were already popular in East Asia. The idea first came about in the 1860s, when the price of silver began to decline due to increased mining in the western United States .
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 ...
In 1873, Congress had removed the use of silver dollar from the list of authorized coins under the Coinage Act of 1873 (referred to by opponents as 'the Crime of '73'"). Although the Bland–Allison Act of 1878 directed the Treasury to purchase silver from the "best-western" miners, President Grover Cleveland repealed the act in 1893. [ 4 ]
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