The history of United States coinage is a story that parallels the rise of America. Starting from a humble beginning in a basement in Philadelphia in the first few years of the country, it grew to a large highly sophisticated system that produces millions of coins per year. Due to a lack of silver, the first silver coins produced by the Mint came from silverware contributed by George and Martha Washington. Coins are something we take for granted today and put in jars and baskets on our night stands to accumulate for a rainy day when we need a few extra dollars. For more than half of the history of America, that wouldn't have been possible for the average citizen. It wasn't until after the Civil War that coinage became widely used for all types of transactions. Until that time, barter and money substitutes, such as tokens, script, and foreign coins, were used as a mediums of exchange. During the 1830's, and then again during the Civil War, coins were in such short supply that merchants and private individuals began producing cent-sized coins, just to make change for the day to day transactions. In America, it was legal until 1857 to use foreign money in transactions. The Spanish dollars and their fractional parts, called "bits," were very common during colonial times until the mid-1800s.
30 Minute Book SeriesEach book in the "30 Minute Book Series" is fast paced, well written, and accurate for a book that covers the topic in as much detail as a short book allows. In less than an hour, you can read or listen to the book - a perfect companion for a lunch hour or a nice distraction for a train ride home from work.
About the AuthorDoug West is a retired engineer, small business owner, and an experienced non-fiction writer with several books to his credit. His writing interests are general, with special expertise in science, biographies, numismatics, and "How to" topics. Doug has a Ph.D. in General Engineering from Oklahoma State University.
Discover everything you need to know to cash in on the Bitcoin gold rush! Bitcoin is becoming more and more popular and increasingly valuable - it gained over 1,000% in value last year! Some of the people taking advantage of this Bitcoin "gold rush" are making thousands of dollars in the process! Why can't YOU be the next Bitcoin success story? In this Bitcoin step-by-step guide, you'll learn: - How to Get Bitcoins - The Benefits of Bitcoin Mining - How to Successfully Create a Bitcoin Mining "Rig" - Pros and Cons of Joining Bitcoin Mining Pools - The Future of Bitcoin Learn step-by-step how to become successful with Bitcoin with this complete Bitcoin mining guide! ON 50% OFF SALE FOR A LIMITED TIME! Make an investment in your financial future and grab your copy TODAY!
Charlie dreams of joining the gold rush. When he discovers his aunt is ill and needs money for her medicine, he sets off to strike it lucky. But life in Ballarat is far tougher than Charlie dreamed. And in the mines, trouble is brewing. The new colony is about to change forever.
TV reporter Julia Preston is frustrated in life and love... ...until a street vendor sells her a magical coin that fulfills all her darkest wishes. Denied a promised promotion, TV reporter Julia Preston learns that it went instead to ambitious newcomer Bailey. Even worse, she discovers that Bailey is dating her ex. Walking home, seething with anger, Julia encounters a street vendor selling wishing coins. Skeptical, she's not interested until he offers an old tarnished coin with some geometrical figures that intrigue her. It soon becomes clear that she has come into possession of a miraculous weapon to use against those who have wronged her. With the coin's help, Julia is given the dream job, gets rid of the despicable Bailey and makes up with her ex. But when her partner's mother enters Julia's life, she faces the biggest challenge she has ever met before. Can Julia really get everything she wishes for and live her candy life even when a dark secret behind her TV success is revealed?
Bullion Index Articles
Bullion Index Books