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Legislation to Allow Foreign Coins as Legal Tender


Legislation to Allow Foreign Coins as Legal Tender - U.S. Mint

February 9, 1793: Authorizes the use of foreign gold and silver coins as legal tender for a period of three years, and establishes their ...

1806 Foreign Coins Legislation - U.S. Mint

April 10, 1806: Regulates the legal-tender value of foreign coins in the U.S..

Coinage Act of 1857 - Wikipedia

The Coinage Act of 1857 was an act of the United States Congress which ended the status of foreign coins as legal tender, repealing all acts "authorizing ...

An Act regulating foreign Coins, and for other purposes

and all foreign silver coins, except Spanish milled dollars and parts of such dollars, shall cease to be a legal tender, as aforesaid. SEC. 3. And be it ...

When Foreign Coins Circulated Freely by Gerard Muhl

In 1857 Congress finally repealed the laws giving legal tender status to any foreign coins then circulating in the United States. The Mint agreed to accept for ...

31 U.S. Code § 5103 - Legal tender - Law.Cornell.Edu

United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all ...

ArtI.S8.C5.1 Congress's Coinage Power - Constitution Annotated

Article I, Section 8, Clause 5: [The Congress shall have Power . . . ] To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard ...

What is Legal Tender in the U.S.? - Numismatic News

The U.S. Mint took decades to produce enough coins to meet commercial demand. Laws giving foreign coins legal tender status in the U.S. were ...

31 USC SUBTITLE IV: MONEY - U.S. Code

Foreign gold or silver coins are not legal tender for debts. ( Pub ... —The coins minted under this Act shall be legal tender, as ...

Legal Tender Cases | 110 U.S. 421 (1884)

Under the Act of May 31, 1878, c. 146, which enacts that when any United States legal tender notes may be redeemed or received into the Treasury, and shall ...

31 CFR Part 100 -- Exchange of Paper Currency and Coin - eCFR

(a) The Director may provide information pertaining to any mutilated currency submission to law enforcement officials or other third parties for purposes of ...

31 USC Ch. 51: COINS AND CURRENCY - U.S. Code

(4) may mint coins for a foreign country if the minting does not interfere with regular minting operations, and shall prescribe a charge for minting the foreign ...

legal tender | Wex - Law.Cornell.Edu

Legal tender refers to all US coins and currency that issued by the government. US Cash dollars are also a valid form of legal tender.

Congress's Power to Regulate Currency - U.S. Constitution - FindLaw

The federal law allowed the government to issue paper money. An 1869 decision held that the Act did not allow people to use paper money to satisfy pre-existing ...

A bill to amend the Coinage Act of 1965 to provide that coins and ...

... legal tender only for the payment of Federal taxes, duties and dues ... International Law, International Law and Organization, Investment, Labor, Maritime ...

2021-2022 Bill 3377: Coins, silver and gold coins minted foreign or ...

No person or other entity may compel another person or other entity to tender or accept gold or silver coin unless agreed upon by the parties.".

Legal tender - Wikipedia

There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. Detail of the ...

History | Historical Documents | U.S. Mint - National Archives

Legislation, 1793, February, Legislation to Allow Foreign Coins as Legal Tender, Authorizes the use of foreign gold and silver coins as legal tender for a ...

HOUSE BILL NO.627 (2024) - Gold, silver, legal tender

tution of the United States, gold and silver coin minted foreign or domestic. 19 shall be legal tender in the state of Idaho under the laws of this state.

Circulating and Non-Circulating Legal Tender

Legal tender status does not necessarily require acceptance. The Coinage Act of 1965 states that “United States coins and currency (including Federal Reserve ...