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<p>[QUOTE=&quot;PyrotekNX, post: 105619, member: 3918&quot;]Foreign coins were circulated much more than United States coins were up through most of the 19th Century.&nbsp; US coins were much rarer than the common coin and they didn&#039;t circulate often.&nbsp; It wasn&#039;t until the mid/late 1800&#039;s when coinage acts were passed to prevent 3rd party mints from making legal tender coins.&nbsp; At this time there was an extreme shortage of coins and the majority of trade was done through barter.</p><p><br /></p><p>In the 1800s there was a variety of non us coins in circulation.&nbsp; It wasn&#039;t until the early 20th century when there was enough coins made to satisfy the needs of Americans.&nbsp; The other coins slowly fell out of circulation.</p><p><br /></p><p>Interestingly enough, most of the odd denomination coins were created to make change with popular foreign coins like centavos.&nbsp; Like said above, each reale was equal to a bit.&nbsp; 8 reales equals one dollar.&nbsp; American coins and spanish/mexican coins were freely traded.</p><p><br /></p><p><br /></p><p><br /></p><p>It&#039;s very interesting that you can&#039;t pay for more than $5 worth of goods with silver coins and you can&#039;t use more than $0.25 worth of nickels and pennies to pay for a purchase.&nbsp; I guess paying for food at McDonalds with a handful of change is illegal.[/QUOTE]</p><p><br /></p>

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