Abraham Lincoln4 1864
Lincoln signs the Coinage Act authorizing new federal coinage
United States of America · Government / Republican Party Government. Chronological records rendered directly from the World History Database.
Lincoln signs the Coinage Act authorizing new federal coinage
The Coinage Act omits the standard silver dollar from regular coinage, ending legal bimetallism and strengthening the monetary role of gold.
The Coinage Act ends standard silver-dollar coinage and strengthens the country's movement toward gold.
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