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The United States trade dollar was a dollar coin minted by the United States Mint to compete with other large silver trade coins that were already popular in East Asia.The idea first came about in the 1860s, when the price of silver began to decline due to increased mining in the western United States.
Value Dimensions Description Allegorical motif Obverse Reverse $1: Large-sized: History Instructing Youth: A personification of History instructing a youth, pointing to a panoramic view of the Potomac River and Washington, D.C. The Washington Monument and the Capitol are visible in the background. The United States Constitution is displayed to ...
This created a new U.S. dollar that was backed by 1.50 grams (23.22 grains) of gold. However, the previous dollar had been represented by 1.60 g (24.75 grains) of gold. The result of this revaluation, which was the first devaluation of the U.S. dollar, was that the value in gold of the dollar was reduced by 6%.
As a way of honoring more presidents, the U.S. Mint began issuing Presidential Dollar coins in the 2000s. Most are worth about face value, but a couple are valued in six figures due to errors .
The production of large numbers of U.S. gold coins (The first $1 and $20 gold coins were minted in 1849) from the new California mines lowered the price of gold, thereby increasing the value of silver. By 1853, the value of a U.S. silver dollar contained in gold terms, $1.04 of silver, equal to $38.09 today.
The rarest half dollar is the 1892-O "Micro O", in which the mint mark "O" for New Orleans was impressed on the half dollar die with a puncheon intended for the quarter; other key dates are the regular 1892-O, 1892-S, 1893-S, 1897-O, 1897-S, 1913, 1914, and 1915. The last three dates have very low mintages but were preserved in substantial numbers.
The Trans-Mississippi Issue is a set of nine commemorative postage stamps issued by the United States to mark the 1898 Trans-Mississippi Exposition held in Omaha, Nebraska. The finely engraved stamps depict various scenes of the West and are presently valued much by collectors.
At first, the banknotes circulated at par with the stated value, however after a few months they started depreciating until they became almost worthless. The United States agreed to redeem the notes for treasury bonds at 1% of the face value. The issued denominations ranged from $1 /6 to $80.