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money in america
some british type coins were minted on american soil early as the 1650's -
mint act
the mint act of april 1792authorized $10,$5,and$2.50 gold coins and $1,$50,and 25 cent silver coins -
mint act is pass
the mint act began operation in 1794 -
foreign coins
by 1830 many foreign coins still remainded in circulation -
paper money
the us government did not print paper money itself until 1861 -
national banking currency act
national currency act of 1863stablish standars for currency -
banking system
the federal reserve act established the basic banking system in used today. -
world war 1
before worl war 1many countries didnt issue paper money , and after the worl war 1 the united states had (currency) paper money printed by the goverment. -
change in the dollar bills
design changes were made to dollar bills to combat counterfeiting. -
50 states coins.
in 1999 the u mint issue quarters commemorating the 50 states