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Coins of Controversy - The Seated Liberty Dime 1873-1874 (with arrows)

Coins of Controversy - The Seated Liberty Dime 1873-1874 (with arrows)

December 26, 2018

In 1853 and 1873, the U.S. Mint changed the weight of each denomination of silver coins. Both times, arrows were added to the coins on each side of the date. These were removed from coins in 1856 and 1875, respectively.

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American Coin & Bullion Normalizing after 1873: 19th Century Coinage & Currency #3

American Coin & Bullion Normalizing after 1873: 19th Century Coinage & Currency #3

December 20, 2018

Following the controversies and fiscal problems resulting from of the Coinage Act of 1873, compensatory measures were taken by the Treasury and the US Mint to resume more normal issuance and circulation of US Currencies. Silver coins were made legal tender at their nominal value for any amount not exceeding $5

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Gold, Silver and the Coin "Crime" of 1873 - 19th Century US Coins & Currency #2

Gold, Silver and the Coin "Crime" of 1873 - 19th Century US Coins & Currency #2

December 13, 2018

Perhaps no 19th Century law relating to the coins and currency of the United States has been so widely discussed, or has borne more directly on the attitude and influence of political parties than the Coinage Act of 1873. This act grew out of a proposition to revise our coinage laws, made by John Jay Knox, in April, 1870. While the main focus of the bill was to revise several laws pertaining to the Mint’s gold and silver coin procedures, the Coinage Act of 1873 also recommended moving the United States off of bimetallism in favor of the gold standard.

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