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History: The Coinage Act of 1857
derryb
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No Way Out: Stimulus and Money Printing Are the Only Path Left
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Thanks for the link... interesting and also will help a lot of forum members. This topic has frequently surfaced in the past... Cheers, RickO
Or you could read Fractional Money by Neil Carothers.
You will not only learn about the legal tender status of Spanish Colonial pieces until 1857 but about all the monetary laws. One of my favorite items is a chart in the back of the book showing the relative values of silver, gold, and paper around the civil war.
Pick up a copy, read it, have fun learning more about our monetary history and post your favorite items for discussion.
A: The year they spend more on their library than their coin collection.
A numismatist is judged more on the content of their library than the content of their cabinet.