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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 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.
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.
The Mint produced and shipped a total of 34.3 billion quarters during the program, with the average annual mintage reaching 3.5 billion quarters. At least 400 million of each quarter was minted.
The earliest commemorative coin minted by the US Mint was the 1848 "CAL" quarter eagle, which commemorated the finding of gold in California. [3] These coins were standard quarter eagles that were modified by punching CAL. onto the reverse above the eagle.
The alloy had a gold tint that was eventually used for the one-dollar Sacagawea coins that came out in 2000. ... Some Georgia quarters struck on experimental planchets sold for as much as $10,000 ...
Making a dollar equal to given quantities of both gold and silver made the currency vulnerable to variations in the price of precious metals, [1] [2] and U.S. coins flowed overseas for melting until adjustments were made to their size and weight in 1834 [3] and again with the Coinage Act of 1853, when the amount of bullion in the silver coins ...
(The Center Square) – A new Center for Immigration Studies report finds that Illinois is now home to the fifth most foreign nationals in the country with at least 530,000 migrants residing ...