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Gold Coinage Act

 

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Gold Coinage Act



 
 
The Coinage Act of 1849 or the Gold Coinage Act was an act of the United States Congress
United States Congress

The United States Congress is the Bicameralism legislature of the Federal government of the United States of the United States of America, consisting of two houses, the United States Senate and the United States House of Representatives....
 which allowed for the minting of two new denominations of gold
Gold

Gold is a chemical element with the symbol Au and atomic number 79. It is a highly sought-after precious metal, having been used as money, as a store of value, in jewelry, in sculpture, and for ornamentation since the beginning of recorded history....
 coins, the gold dollar and the gold $20 or double eagle. It further defined the variances which were permissible in United States gold coinage. The act was approved on March 3, 1849.








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The Coinage Act of 1849 or the Gold Coinage Act was an act of the United States Congress
United States Congress

The United States Congress is the Bicameralism legislature of the Federal government of the United States of the United States of America, consisting of two houses, the United States Senate and the United States House of Representatives....
 which allowed for the minting of two new denominations of gold
Gold

Gold is a chemical element with the symbol Au and atomic number 79. It is a highly sought-after precious metal, having been used as money, as a store of value, in jewelry, in sculpture, and for ornamentation since the beginning of recorded history....
 coins, the gold dollar and the gold $20 or double eagle. It further defined the variances which were permissible in United States gold coinage. The act was approved on March 3, 1849.

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