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The new Congress's Coinage Act of 1792 established the United States dollar as the country's standard unit of money, creating the United States Mint tasked with producing and circulating coinage. Initially defined under a bimetallic standard in terms of a fixed quantity of silver or gold, it formally adopted the gold standard in 1900, and ...
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Feb 25, 2021 · U.S. Dollar Coins: History and Current Status. The Secretary of Treasury, through the U.S. Mint, is statutorily authorized to issue specific denominations of circulating coins (31 U.S.C. §5112). The dollar coin was first authorized in the Coinage Act of 1792 (1 Stat. 246) and initially featured images such as Liberty on the (front) obverse and ...
- 1794-1804: The First Us Silver Dollar Coins
- 1836-1885: Seated Liberty Us Dollar Coins
- The Advent of The Peace Dollar
- The 1970s: from Eisenhower Dollars to Susan B. Anthony Dollar Coins
- The 2000s: The “Golden” Years of Us Dollar Coins
- What Makes A Us Dollar Coin Expensive
While different types of coinage were circulating in North America prior to 1792, it was not until The Coinage Act of this year that the idea of the US dollar coin developed. Minting of these silver dollar coins began two years later and featured a profile of the personification of Liberty on the obverse (aka the front). Some, called “Flowing Hair”...
The 1836 “Seated Liberty” coin presented a slight variation on the earlier US silver dollar versions. On these coins, Liberty is perched on a rock and looks behind her as she grips her staff in her left hand and guards her shield, which rests on the ground to her right. One of the US silver dollar coin types created during this period that continue...
Following a brief pause in production in the early years of the twentieth century, the US silver dollar returned with a new likeness for Lady Liberty in 1921, when a push for peace following the atrocities of World War I resulted in a competition to update this coinage’s composition. This new “Peace Dollar” coin was also made from 90% silver (and 1...
The US dollar coin was not revived until 1971, with the creation of the “Eisenhower Dollar” coin, designed to commemorate President Dwight D Eisenhower’s efforts as both a military commander in World War II and in the Oval Office. The Eisenhower Dollar was minted until 1979, the same year that the “Susan B. Anthony” dollar coin debuted. Designed to...
While the US Mint no longer crafts dollar coins as part of their circulating currency, they did begin creating several styles of non-circulating US dollar coins for commemorative series in the early 2000s. For example, marking the dawn of the new millennium was the introduction of the Sacagawea Coin. These coins, crafted from brass-covered copper, ...
If you think all US dollar coins are worth only a dollar, think again: several factors can contribute to astronomical prices for historic US dollar coins. These include:
The Marvelous History of the US Dollar examines the green back's history, allure, and unique role as a catalyst for globalization, and how the American buck became so almighty that "$" is the most powerful symbol on earth.
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The Marvelous History of the US Dollar. Available on Pluto TV, Prime Video, Tubi TV, Amazon Freevee. The story of the dollar is that of a myth, the American dream. The dollar flinches and the world quakes.
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