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Coinage Act Of 1792
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. This act established the silver dollar as the unit of money in the United States, declared it to be lawful tender, and created a decimal system for U.S. currency. By the Act, the Mint was to be situated at the seat of government of the United States. The five original officers of the U.S. Mint were a Director, an Assayer, a Chief Coiner, an Engraver, and a Treasurer (not the same as the secretary of the treasury). The Act allowed that one person could perform the functions of Chief Coiner and Engraver. The Assayer, Chief Coiner and Treasurer were required to post a $10,000 bond with the Secretary of the Treasury. The Act p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Washington
George Washington (, 1799) was a Founding Fathers of the United States, Founding Father and the first president of the United States, serving from 1789 to 1797. As commander of the Continental Army, Washington led Patriot (American Revolution), Patriot forces to victory in the American Revolutionary War against the British Empire. He is commonly known as the Father of the Nation for his role in bringing about American independence. Born in the Colony of Virginia, Washington became the commander of the Virginia Regiment during the French and Indian War (1754–1763). He was later elected to the Virginia House of Burgesses, and opposed the perceived oppression of the American colonists by the British Crown. When the American Revolutionary War against the British began in 1775, Washington was appointed Commanding General of the United States Army, commander-in-chief of the Continental Army. He directed a poorly organized and equipped force against disciplined British troops. Wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Constitution
The Constitution of the United States is the Supremacy Clause, supreme law of the United States, United States of America. It superseded the Articles of Confederation, the nation's first constitution, on March 4, 1789. Originally including seven articles, the Constitution delineates the frame of the Federal government of the United States, federal government. The Constitution's first three articles embody the doctrine of the separation of powers, in which the federal government is divided into three branches: the United States Congress, legislative, consisting of the bicameralism, bicameral Congress (Article One of the United States Constitution, Article I); the Federal government of the United States#Executive branch, executive, consisting of the President of the United States, president and subordinate officers (Article Two of the United States Constitution, Article II); and the Federal judiciary of the United States, judicial, consisting of the Supreme Court of the Unit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dime (United States Coin)
The dime, in United States usage, is a ten- cent coin, one tenth of a United States dollar, labeled formally as "one dime". The denomination was first authorized by the Coinage Act of 1792. The dime is the smallest in diameter and is the thinnest of all U.S. coins currently minted for circulation, being in diameter and in thickness. The obverse of the current dime depicts the profile of President Franklin D. Roosevelt and the reverse has an olive branch, a torch, and an oak branch, from left to right respectively. The word ''dime'' comes from the Old French ''disme'' (Modern French">-4; we might wonder whether there's a point at which it's appropriate to talk of the beginnings of French, that is, when it wa ... ''disme'' (Modern French dîme), meaning "tithe" or "tenth part", from the Latin ''decima [pars]''. The dime is currently the only United States coin in general circulation that is not denominated in terms of dollars or cent (United States coin), cents. , the dime co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quarter (United States Coin)
The quarter, formally known as the quarter dollar, is a coin in the United States valued at 25 cents, representing one-quarter of a United States dollar, dollar. Adorning its obverse is the profile of George Washington, while its reverse design has undergone frequent changes since 1998. Since its initial production in 1796, the quarter dollar has held a significant place in American numismatics, with consistent production since 1831. It has a diameter of 0.955 inch (24.26 mm) and a thickness of 0.069 inch (1.75 mm). Its current version is composed of two layers of cupronickel (75% copper, 25% nickel) clad on a core of pure copper. With the cupronickel layers comprising 1/3 of total weight, the coin's overall composition is therefore 8.33% nickel, 91.67% copper. Its weight is 0.1823 troy oz. or 0.2000 Avoirdupois system, avoirdupois oz. (5.670 grams). Designs before 1932 The choice of a quarter-dollar as a denomination, as opposed to the or the 20-cent piece that is m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Half Dollar (United States Coin)
The half dollar, sometimes referred to as the half for short or 50-cent piece, is a United States coin worth 50 cents, or one half of a dollar. In both size and weight, it is the largest circulating coin currently minted in the United States, being in diameter and in thickness, and is twice the weight of the quarter. The coin's design has undergone a number of changes throughout its history. Since 1964, the half dollar depicts the profile of President John F. Kennedy on the obverse and the seal of the president of the United States on the reverse. Although seldom used today, half-dollar coins were once common in circulation and saw regular use alongside other denominations of US coinage, but have become uncommon in general circulation for several reasons. Half-dollars were produced in fairly large quantities until the year 2002, when the U.S. Mint reduced production of the coin and ceased minting them for regular circulation. As a result of its decreasing usage, many pre- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silver
Silver is a chemical element; it has Symbol (chemistry), symbol Ag () and atomic number 47. A soft, whitish-gray, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. Silver is found in the Earth's crust in the pure, free elemental form ("native metal, native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc Refining (metallurgy), refining. Silver has long been valued as a precious metal. Silver metal is used in many bullion coins, sometimes bimetallism, alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of the seven metals of antiquity, silver has had an enduring role in most human cultures. Other than in currency and as an in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dollar Coin (United States)
The dollar coin is a United States coin with a face value of one United States dollar. Dollar coins have been minted in the United States in gold, silver, and base metal versions. Dollar coins were first Mint (coin), minted in the United States in 1794. Dollar coins have almost never been popular in circulation since their inception. Despite efforts by the U.S. government to promote their use to save the cost of printing United States one-dollar bill, one dollar bills, the Susan B. Anthony Dollar, Anthony Dollar, the Sacagawea Dollar and the Presidential Dollar Series are all seldom seen in circulation, since most Americans prefer to use the United States one-dollar bill, dollar bill. For this reason, since December 11, 2011, the United States Mint, Mint has not produced dollar coins for general circulation, and all dollar coins produced after that date have been specifically for Coin collecting, collectors. These collector coins can be ordered directly from the Mint, while pre- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quarter Eagle
The quarter eagle is a gold coin that was issued by the United States with a value of two hundred and fifty cents, or two dollars and fifty cents. It was given its name in the Coinage Act of 1792, as a derivation from the US ten-dollar Eagle (United States coin), eagle coin. History The quarter eagle denomination (currency), denomination was struck at the main mint (coin), mint at Philadelphia Mint, Philadelphia (1796–1929), and branch mints in Charlotte Mint, Charlotte (1838–1860), New Orleans Mint, New Orleans (1839–1857 only), Dahlonega Mint, Dahlonega (1839–1859), San Francisco Mint, San Francisco (1854–1879), and Denver Mint, Denver (1911–1925). Years were skipped at the various mints, with no coins at all made from 1809–1820 and 1916–1924. The first issues weighed at .9167 fineness. This was modified to and at .8992 fineness by the Coinage Act of 1834. The soon-to-follow Coinage Act of 1837 established a fineness of .900, meaning that 1837 and later qua ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Half Eagle
The half eagle is a United States coin that was produced for circulation from 1795 to 1929 and in commemorative and bullion coins since 1983. Composed almost entirely of gold, its face value of five dollars is half that of the eagle coin. Production of the half eagle was authorized by the Coinage Act of 1792, and it was the first gold coin minted by the United States. Capped Bust Right The design and composition of the half eagle changed many times over the years; it was originally designed by Keenan Barber Ganz. At this time the coin contained .9167 gold and .0833 copper and silver. It had a diameter of approximately , a weight of 8.75 grams, and a reeded edge. The obverse design, or "Turban Head", depicted a capped portrait of Liberty facing to the right. The reverse depicted a small eagle. This type was the first gold coin produced by the new country, with issues from 1795 to 1798. Simultaneously, another type was minted that depicted a larger heraldic eagle on the rever ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold
Gold is a chemical element; it has chemical symbol Au (from Latin ) and atomic number 79. In its pure form, it is a brightness, bright, slightly orange-yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal, a group 11 element, and one of the noble metals. It is one of the least reactivity (chemistry), reactive chemical elements, being the second-lowest in the reactivity series. It is solid under standard temperature and pressure, standard conditions. Gold often occurs in free elemental (native state (metallurgy), native state), as gold nugget, nuggets or grains, in rock (geology), rocks, vein (geology), veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as in electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grain (measure)
A grain is a unit of measurement of mass, and in the troy weight, avoirdupois, and apothecaries' systems, equal to exactly . It is nominally based upon the mass of a single ideal seed of a cereal. From the Bronze Age into the Renaissance, the average masses of wheat and barley grains were part of the legal definitions of units of mass. Expressions such as "thirty-two grains of wheat, taken from the middle of the ear" appear to have been ritualistic formulas. Another source states that it was defined such that 252.458 units would balance of distilled water at an ambient air-water pressure and temperature of and respectively. Another book states that Captain Henry Kater, of the British Standards Commission, arrived at this value experimentally. The grain was the legal foundation of traditional English weight systems, and is the only unit that is equal throughout the troy, avoirdupois, and apothecaries' systems of mass. The unit was based on the weight of a single grain of barl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eagle (United States Coin)
The eagle is a United States $10 gold coin issued by the United States Mint from 1795 to 1933. The eagle was the largest of the five main decimal base-units of denomination used for circulating coinage in the United States prior to 1933, the year when gold was withdrawn from circulation. These five main base-units of denomination were the mill, the cent, the dime, the dollar, and the eagle, where a cent is 10 mills, a dime is 10 cents, a dollar is 10 dimes, and an eagle is 10 dollars. The eagle base-unit of denomination served as the basis of the quarter eagle ($2.50), half eagle ($5), eagle ($10), and double eagle ($20) coins. With the exceptions of the gold dollar coin, the gold three-dollar coin, the three-cent nickel, and the five-cent nickel, the unit of denomination of coinage prior to 1933 was conceptually linked to the precious or semi-precious metal that constituted a majority of the alloy used in that coin. In this regard the United States followed long-standi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
