Regulates the coinage of copper half-cent and one-cent coins. The Coinage Act, or Mint Act, of 1792 authorizes the establishment of a mint and regulation of coinage in the U.S.Ĭopper Half-Cent and One-Cent Coin LegislationĪuthorizes the coinage of copper half-cents and one-cents for circulation. Notes the President's decision to make the first changes to the gold coins under sculptor Augustus Saint Gaudens and the striking of the new double eagle gold coins the double eagles include a standing eagle and a feathered head of Liberty. Bigelow's idea to depress a coin's relief to allow for uniform stacking, the President's commission of Pratt to prepare models with an Indian head on the obverse and a standing eagle on the reverse, and their subsequent striking. Mint of the United States At San Francisco, Cal.Įxplains the need to close the San Francisco Mint during the fiscal year of 1908 due to a change in officers and the filing of new bonds notes Superintendent Frank Leach's promotion to Director of the Mint and his succession by Edward Sweeny.Įxplains the history of the addition and subsequent removal of the "In God we trust" motto from coins, and the 1908 act to restore this motto, which appears on all coins struck since July 1908.īigelow-Pratt Designs for the Half Eagle and Quarter Eagle Provides details of the great earthquake and fire from which the San Francisco mint escaped destruction in 1906, including the heroism of employees who preserved the building and the damage incurred. Summarizes the history of the Denver Mint, from the discovery of gold in Colorado in 1858 to the establishment of the Denver mint for gold and silver coinage in 1895.
Summarizes 1906 mint operations, including the reduced production at the Philadelphia and New Orleans mints due to a lack of silver bullion, the interruption of work at the San Francisco mint due to the earthquake, and the opening of the Denver mint. Notes the establishment of a laboratory which allows for the special assays of current coinage required by law notes that all coins tested in this laboratory in 1890 were found to meet legal requirements. Provides details of a suit against the San Francisco mint's superintendent and melter/refiner for infringement of a patent issued to John Reynolds, and suggests that the mint officers be relieved from responsibility and that Reynolds be compensated. Suit Against the Superintendent and Melter and Refiner at San Francisco Van Wyck, Superintendent of the New York Assay Office since 1882 died and was succeeded by Andrew Mason, former melter and refiner. Recommends legislation discontinuing coinage of the gold dollar, discontinuing coinage of the three-cent copper-nickel piece, and repealing the act authorizing coinage of the trade dollar. tender.ĭescribes the danger of counterfeiting to gold coins and explains the experimentation being done to increase the security of the gold coin.Įxplains the provisions and appropriations made by Congress to reopen the New Orleans mint for coinage purposes, the delays caused by yellow fever, and the repairs completed. Notes that since the 1874 authorization of coinage at the mints for any foreign government that applies, two applications have been received and are under consideration.ĭescribes the placing of the Mexican silver dollar in circulation by speculators and money dealers after the trade-dollar was no longer available, and the Treasury's issuance of a circular explaining that the dollars are not legal U. Summarizes an act authorizing the keeping of part of the funds in the Treasury in stamped mint-bars, and applying them to the redemption of coin-certificates or in exchange for gold coins at no less than par or market-value.Įxplains the benefits of issuing a twenty-cent coin, including the coin's ability to eliminate a difficulty in making change where the five-cent cupro-nickel does not circulate. Transfer of Stamped Mint-Bars to the Treasury
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