This Day in History – February 16th, 1874

1874 Silver DollarDollar coins have been minted in the United States in gold, silver, and base metal versions. The term silver dollar is often used for any large white metal coin issued by the United States with a face value of one dollar, whether or not it contains some of that metal. Silver dollars, the first dollar coin issue, were minted beginning on February 16th, 1794.

Gold dollars and gold-colored dollars have also been produced by the United States. The Sacagawea and Presidential dollars are sometimes referred to as “golden dollars”.

In modern times, dollar coins have not been very popular in the United States. Despite efforts by the government to promote their use, most Americans currently use the one dollar bill rather than dollar coins.

Flourish 3

Leave a Reply

Your email address will not be published. Required fields are marked *

Skip to toolbar