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The Coinage Act of 1873 or Mint Act of 1873 was a general revision of laws relating to the Mint of the United States.By ending the right of holders of silver bullion to have it coined into standard silver dollars, while allowing holders of gold to continue to have their bullion made into money, the act created a gold standard by default.
English: This is a draft of the unenacted bill, as passed by the House of Representatives in the form ready to be considered by the Senate. It is not, in this form, necessarily the correct language of the final statute. Text of the Coinage Act of 1873, H.R. 2934
The Coinage Act of 1873, enacted by the United States Congress in 1873, embraced the gold standard and de-monetised silver. Western mining interests and others who wanted silver in circulation labeled this measure the "Crime of '73".
Production of patterns continued into 1873, but the denomination of the pattern coins was changed from "commercial dollar" to "trade dollar" before the bill was signed into law. [16] After passage of the Coinage Act, Linderman met with Director of the Mint James Pollock to discuss the design of the newly authorized trade dollar. [16]
Coinage Act 1891 (54 & 55 Vict. c. 72) Coinage Act 1920 (10 & 11 Geo. 5 c. 3) Coinage Act 1946 (9 & 10 Geo. 6 c. 74) Coinage Act 1971, made provisions for decimalisation of the pound sterling; Coinage (Measurement) Act 2011, amended the Coinage Act 1971 to allow the method for measuring and confirming the weight of coins to be set by proclamation
The Coinage Act of 1853, 10 Stat. 160, was a piece of legislation passed by the United States Congress which lowered the silver content of the silver half dime, dime, quarter dollar, and half dollar, and authorized a three dollar gold piece.
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