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The color initially chosen for the $1 value, announced by the Post Office on May 16, was light brown. Only on May 26, four days before printing began, did the public learn that the denomination would instead be printed with black ink. [2] [6] The entire printing run of Western Cattle in Storm lasted three days, from June 1–3, 1898. In all ...
The non-acceptance of $1 coins in the United States contrasts with the practice in most other developed countries where denominations of similar value exist only in coins; for example, the lowest-value pound sterling, euro and Japanese yen notes are the £5 note, €5 note and 1000 yen note respectively; each is worth more than US$5.
Spreckels supplied the bullion for the coins, at a cost of about $850,000. He paid $17,500 as the Mint's fee for striking the coins, $2,500 for designs, and $250 for dies. A final change reduced the total value in dimes to $25,000 (250,000 coins) while increasing the value in half dollars to $350,000 (700,000 coins). [15]
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 .
On May 11, 2011, Utah became the first state to accept these coins as the value of the precious metal in common transactions. The Utah State Treasurer assigns a numerical precious metal value to these coins each week based on the spot metal prices. The bullion coin types include "S" (San Francisco, 1986–1992), "P" (Philadelphia, 1993 – 2000 ...
This had the effect of placing the nation effectively (although not officially) on the gold standard. The retained weight in the dollar coin was a nod to bimetallism, although it had the effect of further driving the silver dollar coin from commerce. Foreign coins, including the Spanish dollar, were also widely used [9] as legal tender, until 1857.
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.
The dollar or dala [1] was the currency of Hawaii between 1847 and 1898. It was equal to the United States dollar and was divided into 100 cents or keneta . Only sporadic issues were made, which circulated alongside United States currency.