Coalville Times | 1896-07-10 | Page 3 | The Standard Silver Dollar

j Th Cludel Mtr Hnlhr Tin coinage of the standard sitter dollar was first authoilzed by act of April 2 1792 Us weight was to bo 416 grains ttacdnrd rfecr flnrnesa M2 I which was cqultntcnt to 371i grains of lino rllur with 44t grains of pure copper alloy This weight was changed by act of January 18 1837 to 4l2Vi gialns nnd fineness changed to 900 thus preserving the samo amount of pure silver us before Ily net of Feb ruary 12 1S73 the coinage was discontinued dis-continued Tho total number of silver sil-ver dollars coined from 1792 to 1873 was fiOI5S38 The net 011873 provided for the coinage cf the trade dollar of weight 420 grains ant an act passed In June 1S74 ordered that all silver coins should only be legal tender at their nominal value for amount not exceeding IB The effect of these ict WAS tho demonetization of silver ot which 10 much has been said fell 29 1878 the coinage of the standard dollar of 4124 groin was revived by net of congress 12000000 per montir was ordered l coined and the ruins were manic legal tender for all debts public and private Tram reunion 1878 to Not 11BS5 132579I of these standard stand-ard dolltm were coined under the above act