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<p>[QUOTE=&quot;medoraman, post: 4604246, member: 26302&quot;]Legal tender is simply what is decreed by the government as legal money. In the US, that includes what you mention. Coinage acts declare that the coin will show denomination. However, without a coinage act authorizing the minting and issuance of the legal tender, anything else leaving the mint is not. </p><p><br /></p><p>So it is really coinage acts of Congress that determines what is legal tender. Foreign coins until 1857 were legal tender by act of Congress. </p><p><br /></p><p>Having said that, nothing stops anyone from bartering, and that is where Civil War tokens come in. Merchants offered them as change, and if the customer accepted it was effectively a barter transaction. Same could be true of any medal, you can offer it as payment, same as a live chicken, and it can be accepted but does not NEED to be.[/QUOTE]</p><p><br /></p>

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