>>22846585 LB
>>22846248 LB
THE RISE OF THE GOLD STANDARD
The Coinage Act of 1792
From THE RISE OF THE GOLD STANDARD:
SEC. 9. And be it further enacted, ==That there shall be from time to time struck and coined
at the said mint, coins of gold, silver, and copper, of the following denomination==, values
and descriptions, viz.
Eagles—each to be of the value of ten dollars or units, and to
contain two hundred and forty-seven grains and four eighths of a grain of pure, or two
hundred and seventy grains of standard gold.
Half Eagles—each to be of the value of five
dollars, and to contain one hundred and twenty-three grains and six eighths of a grain of
pure, or one hundred and thirty-five grains of standard gold.
Quarter Eagles—each to be of
the value of two dollars and a half dollar, and to contain sixty-one grains and seven
eighths of a grain of pure, or sixty-seven grains and four eighths of a grain of standard
gold.
Dollars or Units—each to be of the value of a Spanish milled dollar as the same is
now current, and to contain three hundred and seventy-one grains and four sixteenths
parts of a grain of pure, or four hundred and sixteen grains of standard silver.
Half Dollars—each to be of half the value of the dollar or unit, and to contain one hundred and
eighty-five grains and ten sixteenth parts of a grain of pure, or two hundred and eight
grains of standard silver.
Quarter Dollars—each to be of one fourth the value of the dollar
or unit, and to contain ninety-two grains and thirteen sixteenth parts of a grain of pure, or
one hundred and four grains of standard silver.Dismes—each to be of the value of one
tenth of a dollar or unit, and to contain thirty-seven grains and two sixteenth parts of a
grain of pure, or forty-one grains and three fifths parts of a grain of standard silver.
Half Dismes—each to be of the value of one twentieth of a dollar, and to contain eighteen
grains and nine sixteenths parts of a grain of pure, or twenty grains and four fifths parts of
a grain of standard silver.
Cents—each to be of the value of one hundredth part of a
dollar, and to contain eleven penny-weights of copper.
Half Cents—each to be of the value
of half a cent, and to contain five penny-weights and a half a penny-weight of copper.
…it was written to restrain the government's behavior.
Someone needs to remind DEMS of this. (And RINOs)
kek