Coinage Act of 1792
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The Coinage Act or the Mint Act, passed by the United States Congress on April 2, 1792, established the
United States Mint and regulated the coinage of the United States.[1]The long title of the legislation is An
act establishing a mint, and regulating the Coins of the United States. This act established the silver
dollar as the unit of money in the United States, declared it to be lawful tender, and created a decimal
system for U.S. currency.[2]
United States Mint and regulated the coinage of the United States.[1]The long title of the legislation is An
act establishing a mint, and regulating the Coins of the United States. This act established the silver
dollar as the unit of money in the United States, declared it to be lawful tender, and created a decimal
system for U.S. currency.[2]
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