(1794-1795)

The dollar was the cornerstone of the monetary system devised by the Founding Fathers for the fledgling United States. More than two years passed, however, between the time Congress authorized dollar coinage and the actual production of the first such coin, the Flowing Hair silver dollar.

Congress itself was responsible for the delay. As part of the basic Mint Act of April 2, 1792, the House and Senate specified that two key Mint officers&...(Expand Text)

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