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Coinage Act of 1864

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1864 U.S. federal legislation regulating one- and two-cent coins

The Coinage Act of 1864 was a United States federal law passed on April 22, 1864, which changed the composition of the one-cent coin and authorized the minting of the two-cent coin. The Director of the U.S. Mint developed the designs for these coins for final approval of the Secretary of the Treasury. As a result of this law, the phrase "In God We Trust" first appeared, on the 1864 two-cent coin. An Act of Congress, passed on March 3, 1865, allowed the Mint Director, with the Secretary's approval, to place the phrase on all gold and silver coins that "shall admit the inscription thereon." In 1956, "In God We Trust" replaced "E Pluribus Unum" as the national motto. All currency was printed and minted with the new motto.

See also

References

  1. "History of 'In God We Trust'". U.S. Department of the Treasury. Retrieved 3 October 2013.

External links

Monetary policy and central banking in the United States (pre–1913)
Commercial Revolution
(1607–1760)
1st Industrial Revolution
(1760–1840)
Civil War Era
(1840–1870)
2nd Industrial Revolution
(1870–1914)
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