Book/Printed Material Image 1 of By the United States in Congress assembled. August 8, 1786 : On a report of the Board of Treasury : resolved, that the standard of the United States of America, for gold and silver, shall be eleven parts fine and one part alloy ...

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By the UNITED STATES in CONGRESS assembled. AUGUST 8, 1786.

On a Report of the Board of Treasury:

RESOLVED, That the standard of the United States of America, for gold and silver, shall be eleven parts fine and one part alloy.

That the money unit of the United States, being by the resolve of Congress of the 6th July, 1785, a dollar, shall contain of fine silver, three hundred and seventy-five grains, and sixty-four hundredths of a grain.

That the money of account, to correspond with the division of coins, agreeably to the above resolve; proceed in a decimal ratio, agreeably to the forms and manner following, viz. Mills,—The lowest money of accompt, of which one thousand shall be equal to the federal dollar, or money unit, 0.001 Cents,—The highest copper piece, or which one hundred shall be equal to the federal dollar, 0.010 Dimes,—The lowest silver coin, ten of which shall be equal to the dollar, 0.100 Dollar,—The highest silver coin, 1.000

That betwixt the dollar and the lowest copper coin, as fixed by the resolve of Congress of the 6th July, 1785, there shall be three silver coins, and one copper coin.

That the silver coins shall be as follows: One coin containing one hundred and eighty-seven grains, and eighty two hundredths of a grain of fine silver, to be called A Half Dollar: One coin containing seventy-five grains, and one hundred and twenty-eight thousandths of a grain of fine silver, to be called A Double Dime: And one coin containing thirty-seven grains and five hundred and sixty-four thousandths of a grain of fine silver, to be called A Dime.

That the two copper coins shall be as follows; one equal to the one hundredth part of the federal dollar, to be called A Cent: And one equal to the two hundredth part of the federal dollar, to be called A Half Cent.

That two pounds and a quarter avoirdupois weight of copper, shall constitute one hundred cents.

That there shall be two gold coins: One containing two hundred and forty-six grains, and two hundred and sixty-eight thousandths of a grain of fine gold, equal to ten dollars, to be stamped with the impression of the American eagle, and to be called An Eagle: One containing one hundred and twenty-three grains, and one hundred and thirty-four thousandths of a grain of fine gold, equal to five dollars, to be stamped in like manner, and to be called A Half-Eagle.

That the mint price of a pound troy weight of uncoined silver, eleven parts fine and one part alloy, shall be nine dollars, nine dimes and two cents.

That the mint price of a pound troy weight of uncoined gold, eleven parts fine and one part alloy, shall be two hundred and nine dollars, seven dimes and seven cents.

About this Item

Title
By the United States in Congress assembled. August 8, 1786 : On a report of the Board of Treasury : resolved, that the standard of the United States of America, for gold and silver, shall be eleven parts fine and one part alloy ...
Contributor Names
United States. Continental Congress.
United States. Board of Treasury.
Continental Congress Broadside Collection (Library of Congress)
Created / Published
[New York : s.n., 1786]
Subject Headings
-  Coinage--Law and legislation--United States
-  Money--United States
-  United States--New York--New York
Notes
-  Imprint from Evans. Formerly ascribed to the press of John Dunlap in the Journals of the Continental Congress, v. 31, p. 965 (#550); but later volumes reject Dunlap as printer. Cf. JCC, v. 33, p. 753.
-  Evans 20050
-  Journals of the Continental Congress, 550
-  Also available in digital form on the Library of Congress Web site.
Medium
[4] p. (p. [2-4] blank) ; 33 cm.
Call Number/Physical Location
Cont Cong no. 198
Digital Id
bdsdcc 19801 http://hdl.loc.gov/loc.rbc/bdsdcc.19801
Library of Congress Control Number
90898175
Language
english
Online Format
image
online text
Description
Imprint from Evans. Formerly ascribed to the press of John Dunlap in the Journals of the Continental Congress, v. 31, p. 965 (#550); but later volumes reject Dunlap as printer. Cf. JCC, v. 33, p. 753. Evans 20050 Journals of the Continental Congress, 550 ESTC W30086 Also available in digital form on the Library of Congress Web site.
Original Format
book
LCCN Permalink
https://lccn.loc.gov/90898175
Additional Metadata Formats
MARCXML Record
MODS Record
Dublin Core Record

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Cite This Item

Citations are generated automatically from bibliographic data as a convenience, and may not be complete or accurate.

Chicago citation style:

United States Continental Congress, United States Board Of Treasury, and Continental Congress Broadside Collection. By the United States in Congress assembled. August 8,: On a report of the Board of Treasury: resolved, that the standard of the United States of America, for gold and silver, shall be eleven parts fine and one part alloy. [New York: s.n, 1786] Online Text. https://www.loc.gov/item/90898175/.

APA citation style:

United States Continental Congress, United States Board Of Treasury & Continental Congress Broadside Collection. (1786) By the United States in Congress assembled. August 8,: On a report of the Board of Treasury: resolved, that the standard of the United States of America, for gold and silver, shall be eleven parts fine and one part alloy. [New York: s.n] [Online Text] Retrieved from the Library of Congress, https://www.loc.gov/item/90898175/.

MLA citation style:

United States Continental Congress, United States Board Of Treasury, and Continental Congress Broadside Collection. By the United States in Congress assembled. August 8,: On a report of the Board of Treasury: resolved, that the standard of the United States of America, for gold and silver, shall be eleven parts fine and one part alloy. [New York: s.n, 1786] Online Text. Retrieved from the Library of Congress, <www.loc.gov/item/90898175/>.

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