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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 ...
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]
Legal tender coins of today are minted solely for the Treasury's account. The first Director of the United States Mint was renowned scientist David Rittenhouse from 1792 to 1795. The position is currently filled by Ventris Gibson. [5] Henry Voigt was the first Superintendent and Chief Coiner, and is credited with some of the first U.S. coin ...
Striking a coin refers to pressing an image into the blank metal disc, or planchet, and is a term descended from the days when the dies were struck with hammers to deform the metal into the image of the dies. Modern dies made out of hardened steel are capable of producing many hundreds of thousands of coins before they are retired and defaced.
Double-die style struck coin from Ancient India, c 304-232 BCE featuring an elephant on one face and a lion on the other. Since that time, coins have been the most universal embodiment of money. These first coins were made of electrum, a naturally occurring pale yellow mixture of gold and silver that was further alloyed with silver and copper.
The Illinois Centennial half dollar is a commemorative 50-cent piece struck by the United States Bureau of the Mint in 1918. The obverse, depicting Abraham Lincoln, was designed by Chief Engraver George T. Morgan; the reverse, based on the Seal of Illinois, was by his assistant and successor, John R. Sinnock.
DuPont patented the substance, and today we know it as Teflon, the coating on your pan that keeps your pancakes from sticking. The original substance used for Teflon was reformulated in the early ...
Italy has been influential at a coinage point of view: the Florentine florin, one of the most used coinage types in European history and one of the most important coins in Western history, [79] was struck in Florence in the 13th century, while the Venetian sequin, minted from 1284 to 1797, was the most prestigious gold coin in circulation in ...