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The quarter, formally known as the quarter dollar, is a denomination of currency in the United States valued at 25 cents, representing one-quarter of a dollar. Adorning its obverse is the profile of George Washington, while its reverse design has undergone frequent changes since 1998. Since its initial production in 1796, the quarter dollar has ...
The economic history of the United States is about characteristics of and important developments in the economy of the U.S., from the colonial era to the present. The emphasis is on productivity and economic performance and how the economy was affected by new technologies, the change of size in economic sectors and the effects of legislation and government policy.
Free silver was a major economic policy issue in the United States in the late 19th century. Its advocates were in favor of an expansionary monetary policy featuring the unlimited coinage of silver into money on-demand, as opposed to strict adherence to the more carefully fixed money supply implicit in the gold standard.
The American twenty-cent piece is a coin struck from 1875 to 1878, but only for collectors in the final two years. Proposed by Nevada Senator John P. Jones, it proved a failure due to confusion with the quarter, to which it was close in both size and value. In 1874, the newly elected Jones began pressing for a twenty-cent piece, which he stated ...
In 1880, Sarah Howe opened up a "Ladies Deposit" in Boston promising eight percent monthly interest, although she had no method of making profits. This unique scheme was billed as "for women only". Howe was arrested on October 18, 1880, by New York City Police and sentenced to three years in prison. [9]
The same coinage act also set the value of an eagle at 10 dollars, and the dollar at 1 ⁄ 10 eagle. It called for silver coins in denominations of 1, 1 ⁄ 2, 1 ⁄ 4, 1 ⁄ 10, and 1 ⁄ 20 dollar, as well as gold coins in denominations of 1, 1 ⁄ 2 and 1 ⁄ 4 eagle. The value of gold or silver contained in the dollar was then converted ...
The Indian Head eagle is a $10 gold piece or eagle that was struck by the United States Mint continuously from 1907 until 1916, and then irregularly until 1933. The obverse and reverse were designed by sculptor Augustus Saint-Gaudens, originally commissioned for use on other denominations. He was suffering from cancer and did not survive to see ...
The half dollar, sometimes referred to as the half for short or 50-cent piece, is a United States coin worth 50 cents, or one half of a dollar.In both size and weight, it is the largest circulating coin currently minted in the United States, [1] being 1.205 inches (30.61 millimeters) in diameter and 0.085 in (2.16 mm) in thickness, and is twice the weight of the quarter.