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Colonial Coins
Some coins were minted in America at this time, but most money was foreign. -
Post - Revolutionary Money
After the Revolutionary war, the US decided to replace the colonial coins with American coins. -
US Mint
The US mint began minting coins in 1794, but many foreign coins remained in circulation until the 1830's. -
Paper Money
Paper money started to be mass printed, before that the only paper money was from two chartered banks. -
National Banking Act
Made standards for currency, also taxed state bank notes. Lots of banks went out of buisness. -
Federal Reserve Act
Establishment of current banking system in America -
WW1 and Changing Ideas
Before the war, paper currency meant the money that the government printed, After the war, currency took on the broader sense that it is known as today. -
Paper Money Portraits
Since 1928, the portraits on paper money have been the same. -
Dollar Bill Counterfit Protection
In 1996, design changes were made to the dollar bill in order to stop counterfitting. -
Commemorative Quarters
For 10 years, the US issued quarters commemerating each of the 50 states in order of their addition to the US. -
Penny Debate
the US had a debate on wether the penny needed to continue being minted, it costs more to make a penny than it is worth.
