Congress authorizes a whole new class of currency, referred to as “United states of america notes,” or “Authorized Tender notes.” These notes are characterised by a purple seal and serial number. They continue to circulate until eventually 1971.
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Curiously, some Usa employers were shopping for stockpiles of trade dollars at their bullion worth and using them to pay for their employees on the “A single DOLLAR” experience price stated to the coin. A few years later on, the coins had been remonetized underneath the Coinage Act o
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