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The Coinage Act of 1873 or Mint Act of 1873 was a general revision of laws relating to the Mint of the United States.By ending the right of holders of silver bullion to have it coined into standard silver dollars, while allowing holders of gold to continue to have their bullion made into money, the act created a gold standard by default.
The three-cent silver, also known as the three-cent piece in silver or trime, was struck by the Mint of the United States for circulation from 1851 to 1872, and as a proof coin in 1873. Designed by the Mint's chief engraver, James B. Longacre , it circulated well while other silver coinage was being hoarded and melted, but once that problem was ...
Throughout the year of 1872, the Mint struck a series of commercial dollar patterns in anticipation of the passage of the coinage bill. [16] Production of patterns continued into 1873, but the denomination of the pattern coins was changed from "commercial dollar" to "trade dollar" before the bill was signed into law. [16]
The United States three cent piece was a unit of currency equaling 3 ⁄ 100 of a United States dollar. The mint produced two different three-cent coins for circulation: the three-cent silver and the three-cent nickel. Additionally, a three-cent bronze coin was made as a pattern in 1863. During the period from 1865 to 1873, both coins were ...
Under the Coinage Act of 1873, the Mint became part of the Department of the Treasury. It was placed under the auspices of the Treasurer of the United States in 1981. 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
800-290-4726 more ways to reach us. ... 1873-CC MS65 Arrows Liberty Seated Dime. An estimated 18,791 mintage of the 1873-CC Arrows Liberty Seated Dime was struck at the Carson City Mint. ...
In 1853 and 1873, the U.S. Mint changed the weight of each denomination of silver coins. Both times, arrows were added to the coins on each side of the date. Both times, arrows were added to the coins on each side of the date.
The two-cent piece was produced by the Mint of the United States for circulation from 1864 to 1872 and for collectors in 1873. Designed by James B. Longacre, there were decreasing mintages each year, as other minor coins such as the nickel proved more popular. It was abolished by the Mint Act of 1873.