If you are planning on
coin collecting near Rockville, MD, it is a great idea to research the fascinating history of coins in the
United States. By looking back at the history of coins, you can find some
amazing collectible coins that will be highly sought after by coin dealers
and coin collectors. Here is a look back at some of the highlights in
the history of U.S. coins.
The First American Coins
history of coins in America can be retraced to 1792, when the very first coinage act was enacted by
Thomas Jefferson. By passing the coinage act, Jefferson placed the responsibility
of coin production in the hands of the U.S. Mint. Founding fathers Thomas
Jefferson and Benjamin Franklin both contributed research and ideas towards
the design of the very first public coins.
Creation of the Dollar Coin
The introduction of the dollar coin represented an important milestone
in the history of coins in the United States. This very first dollar coin
was inspired by similar coinage that was used in European nations. The
U.S. decided to implement the dollar coin to discourage citizens from
trading in foreign currency.
Evolution of the Modern Coin
By the 1950s, some of the metals that were used to create coins had gone
into short supply. To help supplement coin production, the U.S. government
passed a law called the Coin Act. The Coin Act made it legal to manufacture
coins that were made of several different types of metals.
To learn more about the history of coins in the United States, be sure
to get in touch with Coins of the Realm. Our
coin specialists will be happy to identify any coins that are in your collection, and we
can also provide you with the coin supplies you need to protect your valued
items. Call our Rockville location at (301) 340-1640 to learn more about
the great services that we have to offer you.