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When was it legal to spend foreign coins in the USA?
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<p>[QUOTE="Conder101, post: 1890102, member: 66"]You may have me then because half cent, cent (1793 - 1864), and trade dollar (1877 - 1883) are the only ones I can think of off the top of my head that weren't legal tender at the time they were issued. (There could be some argument that the pre-1864 cents did not become legal tender under the law that made the 1864 bronze cents legal tender to 10 cents and that they weren't legal tender until the Congressional resolution of 1933.)</p><p><br /></p><p>As for the coins that had limited legal tender that would be most of them.</p><p><br /></p><p>Under the Act of 1864 the cent was limited to 10 cents, and the two cent to 20 cents. When the trime was issued it was limited to either 30 or 60 cents I don't remember which. The nickel three cent was limited to 30 cents, the shield nickel was limited to 60 cents. After 1853 the dime, quarter, and half dollar were limited to $5. I believe the trimes were also included in the $5 limit for the minor silver coins when the silver content was raise to 90%. Trade dollars were limited to $5. </p><p><br /></p><p>Standard silver dollars were never limited (although there was some thought that they had been demonitized when they were not listed in the Act of 1873, but the fact that they were not listed didn't change the status of the earlier pieces.) Gold coins have always had unlimited legal tender status.</p><p><br /></p><p>When these limits may have been modified I don't know, they may have remained so until 1933 (and later with the restatement of legal tender status in the Act of 1965). There were attempts to raise the legal tender status of the silver minor coinage to $10 in the 1890's but it was not passed.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1890102, member: 66"]You may have me then because half cent, cent (1793 - 1864), and trade dollar (1877 - 1883) are the only ones I can think of off the top of my head that weren't legal tender at the time they were issued. (There could be some argument that the pre-1864 cents did not become legal tender under the law that made the 1864 bronze cents legal tender to 10 cents and that they weren't legal tender until the Congressional resolution of 1933.) As for the coins that had limited legal tender that would be most of them. Under the Act of 1864 the cent was limited to 10 cents, and the two cent to 20 cents. When the trime was issued it was limited to either 30 or 60 cents I don't remember which. The nickel three cent was limited to 30 cents, the shield nickel was limited to 60 cents. After 1853 the dime, quarter, and half dollar were limited to $5. I believe the trimes were also included in the $5 limit for the minor silver coins when the silver content was raise to 90%. Trade dollars were limited to $5. Standard silver dollars were never limited (although there was some thought that they had been demonitized when they were not listed in the Act of 1873, but the fact that they were not listed didn't change the status of the earlier pieces.) Gold coins have always had unlimited legal tender status. When these limits may have been modified I don't know, they may have remained so until 1933 (and later with the restatement of legal tender status in the Act of 1965). There were attempts to raise the legal tender status of the silver minor coinage to $10 in the 1890's but it was not passed.[/QUOTE]
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When was it legal to spend foreign coins in the USA?
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