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Bryan expounded the free coinage of silver using the ratio, 16 oz. of silver = 1 oz. of gold. Free coinage of silver means a person could bring silver ingots to the United States Mint and have them coined. For example, $0.53 of silver would produce a silver dollar, which is what the Morgan dollar (1878-1921) contained.
"Educational Series," series of 1896 silver certificates (United States) Value: $1, $2, $5: Years of printing: 1896: Estimated value: US$70 – $38,400: Obverse; Design: Closeup of the motif on the $2 note, Science presents Steam and Electricity to Commerce and Manufacture
US $2 1896. Science presenting steam and electricity to Commerce and Manufacture is an 1896 United States two-dollar silver certificate. It is of the large-size variety measuring 7.375 in (187.3 mm) inches by 3.125 in (79.4 mm). It is one of three notes released as the "Educational Series". After complaints about the series, the note was ...
Republican campaign poster of 1896 attacking free silver. Free silver was a major economic policy issue in the United States in the late 19th century. Its advocates were in favor of an expansionary monetary policy featuring the unlimited coinage of silver into money on-demand, as opposed to strict adherence to the more carefully fixed money supply implicit in the gold standard.
The $1 silver certificate from the Hawaii overprint series. 1899 United States five-dollar Silver Certificate (Chief Note) depicting Running Antelope of the Húŋkpapȟa. Silver certificates are a type of representative money issued between 1878 and 1964 in the United States as part of its circulation of paper currency. [1]
In 1890, the price of silver dipped to $1.16 per ounce. By the end of the year, it had fallen to $0.69. By December 1894, the price had dropped to $0.60. On November 1, 1895, US mints halted production of silver coins, and the government closed the Carson City Mint. Banks discouraged the use of silver dollars. [6]
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