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<p>[QUOTE=&quot;GDJMSP, post: 511934, member: 112&quot;]Cloud - prior to the existence of the US Mint the Spanish dollar had long been accepted, in fact preferred by many, as the offical coinage of the Americas. Individual states like Maryland, Connecticut, Mass. and Virginia all passed laws making the Spanish dollar legal tender in the late 1760&#039;s. Other states soon followed suit.</p><p><br /></p><p>Regardless of when you choose to say the existence of the USA began, I&#039;ll say 1776 because that&#039;s what most of the world regards as the date, the Spanish dollar had long been accepted as legal tender, in practice if not in law, throughout the all of the colonies. Our own US dollar was stipulated to be based on the Spanish dollar, meaning size, weight and purity of silver, by Congress in 1785. And later, in 1793, another act of Congress did declare the Spanish dollar to be legal tender. This was not changed until 1857.[/QUOTE]</p><p><br /></p>

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