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<p>[QUOTE="Burton Strauss III, post: 26789642, member: 59677"]We went through this on Reddit. Ignoring the political garbage (and yes, I'm ordering a new stamp), the applicable law goes to great lengths about the requirements for coins and security paper, but largely leaves paper money to the Secretary of the Treasury's discretion.</p><p><br /></p><p>Just be glad that Disney didn't contribute a million dollars, or that could be the currency of the land.</p><p><br /></p><p>Generally, 31 USC 511x, <a href="https://www.law.cornell.edu/uscode/text/31/subtitle-IV/chapter-51/subchapter-II" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.law.cornell.edu/uscode/text/31/subtitle-IV/chapter-51/subchapter-II" rel="nofollow">https://www.law.cornell.edu/uscode/text/31/subtitle-IV/chapter-51/subchapter-II</a>:</p><p><br /></p><p>§5111. Minting and issuing coins, medals, and numismatic items</p><p>§5112. Denominations, specifications, and design of coins</p><p>§5113. Tolerances and testing of coins</p><p>§5114. Engraving and printing currency and security documents</p><p>§5115. United States currency notes</p><p><br /></p><p>(a)The Secretary of the Treasury may issue United States currency notes. The notes—</p><p>(1) are payable to bearer; and</p><p><br /></p><p>(2) shall be in a form and in denominations of at least one dollar that the Secretary prescribes.</p><p><br /></p><p>§5116. Buying and selling gold and silver</p><p>§5117. Transferring gold and gold certificates</p><p>§5118. Gold clauses and consent to sue</p><p>§5119. Redemption and cancellation of currency</p><p>§5120. Obsolete, mutilated, and worn coins and currency</p><p>§5121. Refining, assaying, and valuation of bullion</p><p>§5122. Payment to depositors</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><font size="6"><br /></font></p><p><font size="6"><br /></font></p><p><font size="6"><br /></font></p><p><font size="6"><br /></font></p><p><font size="6"></font>[/QUOTE]</p><p><br /></p>
[QUOTE="Burton Strauss III, post: 26789642, member: 59677"]We went through this on Reddit. Ignoring the political garbage (and yes, I'm ordering a new stamp), the applicable law goes to great lengths about the requirements for coins and security paper, but largely leaves paper money to the Secretary of the Treasury's discretion. Just be glad that Disney didn't contribute a million dollars, or that could be the currency of the land. Generally, 31 USC 511x, [URL]https://www.law.cornell.edu/uscode/text/31/subtitle-IV/chapter-51/subchapter-II[/URL]: §5111. Minting and issuing coins, medals, and numismatic items §5112. Denominations, specifications, and design of coins §5113. Tolerances and testing of coins §5114. Engraving and printing currency and security documents §5115. United States currency notes (a)The Secretary of the Treasury may issue United States currency notes. The notes— (1) are payable to bearer; and (2) shall be in a form and in denominations of at least one dollar that the Secretary prescribes. §5116. Buying and selling gold and silver §5117. Transferring gold and gold certificates §5118. Gold clauses and consent to sue §5119. Redemption and cancellation of currency §5120. Obsolete, mutilated, and worn coins and currency §5121. Refining, assaying, and valuation of bullion §5122. Payment to depositors [B][SIZE=6][/SIZE][/B] [SIZE=6][B][/B] [B][/B] [/SIZE][/QUOTE]
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