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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 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]
Non-circulating legal tender (NCLT) are coins which are legal tender, and thus can in theory be used to purchase goods or services, but are not intended to be used in such a manner. Rather, they are intended as collector's items with numismatic value, and are often produced in gold or silver, either in uncirculated condition or with a proof finish.
Bullion coins are government-minted, legal tender coins made of precious metals, such as gold, palladium, platinum, rhodium, and silver. They are kept as a store of value or an investment rather than used in day-to-day commerce. [1]
It did allow for a Trade dollar, of higher weight than the old coin, that depositors could have their silver made into, but the legal tender of this and all silver coins was limited to $5 [59] —the old silver dollar had an unlimited legal tender. [60] All gold coins had unlimited legal tender, and the act made provision for the redemption of ...
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.
5. 1976-S Silver Washington Quarter Business Strike. Date of Sale: June 2019. Price: $19,200. 6. 1943 DDO (Doubled Die Obverse) Washington Quarter Business Strike. Date of Sale: March 2020. Price ...
The Quarter-Dollar, Half-Dollar and Dollar coins were issued in the copper 91.67% nickel 8.33% composition for general circulation and the Government issued six-coin Proof Set. A special three-coin set of 40% silver coins were also issued by the U.S. Mint in both Uncirculated and Proof.