American Gold Dollar Coin : Devil May Cry 3 Gold Or Yellow : How To Purchase Gold Bullion
American Gold Dollar Coin
- The English language as it is used in the United States; American English
- A native or inhabitant of any of the countries of North, South, or Central America
- of or relating to the United States of America or its people or language or culture; "American citizens"; "American English"; "the American dream"
- A native or citizen of the United States
- a native or inhabitant of the United States
- of or relating to or characteristic of the continents and islands of the Americas; "the American hemisphere"; "American flora and fauna"
- a flat metal piece (usually a disc) used as money
- Make (metal) into coins
- make up; "coin phrases or words"
- mint: form by stamping, punching, or printing; "strike coins"; "strike a medal"
- Make (coins) by stamping metal
- Invent or devise (a new word or phrase)
The Mises Institute is pleased to present this very beautiful hardbound edition of Rothbard's most famous monetary essay--the one that has influenced two generations of economists, investors, and business professionals. The Mises Institute has united this book with its natural complement: a detailed reform proposal for a 100 percent gold dollar. The Case for a 100 Percent Gold Dollar was written a decade before the last vestiges of the gold standard were abolished. His unique plan for making the dollar sound again still holds up. Some people have said: Rothbard tells us what is wrong with money but not what to do about it. Well, by adding this essay, the problem and the answer are united in a comprehensive whole. After presenting the basics of money and banking theory, he traces the decline of the dollar from the 18th century to the present, and provides lucid critiques of central banking, New Deal monetary policy, Nixonian fiat money, and fixed exchange rates. He also provides a blueprint for a return to a 100 percent reserve gold standard. The book made huge theoretical advances. He was the first to prove that the government, and only the government, can destroy money on a mass scale, and he showed exactly how they go about this dirty deed. But just as importantly, it is beautifully written. He tells a thrilling story because he loves the subject so much. The passion that Murray feels for the topic comes through in the prose and transfers to the reader. Readers become excited about the subject, and tell others. Students tell professors. Some, like the great Ron Paul of Texas, have even run for political office after having read it. Rothbard shows precisely how banks create money out of thin air and how the central bank, backed by government power, allows them to get away with it. He shows how exchange rates and interest rates would work in a true free market. When it comes to describing the end of the gold standard, he is not content to describe the big trends. He names names and ferrets out all the interest groups involved. Since Rothbard's death, scholars have worked to assess his legacy, and many of them agree that this little book is one of his most important. Though it has sometimes been inauspiciously packaged and is surprisingly short, its argument took huge strides toward explaining that it is impossible to understand public affairs in our time without understanding money and its destruction.
1794 Flowing Hair Liberty Silver Dollar(obverse-side a5)
The dollar was unanimously chosen by the Congress of the Confederation of the United States on July 6, 1785 as the money unit for the United States. When the framers of the U.S. Constitution created a new government for their untried Republic, they realized the critical need for a respected monetary system. Soon after the Constitution's ratification, Secretary of the Treasury Alexander Hamilton personally prepared plans for a national Mint. On April 2, 1792, Congress passed The Coinage Act, which created the Mint and authorized construction of a Mint building in the nation's capitol, Philadelphia. This was the first federal building erected under the Constitution. President George Washington appointed Philadelphian David Rittenhouse, a leading American scientist, as the first Director of the Mint. Under Rittenhouse, the Mint produced its first circulating coins -- 11,178 copper cents, which were delivered in March 1793. Soon after, the Mint began issuing gold and silver coins as well. President Washington, who lived only a few blocks from the new Mint, is believed to have donated some of his own silver for minting.
The 1794 Flowing Hair Liberty Silver Dollar is in fact an error silver coin. On the obverse is a right-facing portrait of a youthful female figure whose hair flowed freely behind her hence the descriptive term "Flowing Hair". It is said the flowing hair was meant to signify freedom. The word LIBERTY should have appeared above her, with the year below and 15 stars along the sides, symbolizing the number of states in the Union at that time. But the word LIBERTY was engraved as LIBBRTY by mistake. The silver dollar's side should have carried the inscription ONE DOLLAR OR UNIT HUNDRED CENTS, with decorations separating the lexis. But in fact, there are also wrong letters on the side. These two serious errors were the main reasons that the first US silver dollars were struck only on one day (October 15,1794), and the mintage was only 1758On the reverse is a small, spread-winged eagle perched on a rock and surrounded by laurel twigs. Encircling this, along the border, is the motto UNITED STATES OF AMERICA. Perhaps, due to the scarcity of silver available at the mint, the 1794 silver dollar is lighter than what was required by the Act of Congress - Coinage Act of 1792.
The United States has minted dollar coins, on and off, since 1794. The most popular, among the general populous and collectors alike, is the US silver dollar. During the early years of US coinage, silver was at least as scarce as gold, and at some times, it was even more valuable. Mintages in the early years were very limited due to this scarcity of silver. It was not until the finding of the "Comstock Lode" in 1850 in Nevada that large quantities of silver dollars could be produced. Even this huge silver find eventually played out. This resulted in another large gap in silver dollar production as the mint ran out of silver in 1904. It was not until after the huge melt of 1918 that silver dollar production was resumed in 1921. By 1926, this silver pool also was running low. Production quantities shrunk until they were again suspended in 1928, resuming only for two years in 1934-5.
The last true silver dollar minted in the US. Notice the word "PEACE" on the mountain. The coin was supposed to commemorate the end of WWI and was minted between 1921 and 1935. In 1965, hundreds of thousands of the coins were minted, however congress voted to have the coins melted down before they were released into circulation. I think its a beautiful coin, and I'm still amazed by the word "Peace" in bold letters. To me it is symbolic for all of the Americans who value peace, and I have therefore attempted to produce a version that appears to made of gold, not silver!
Supposedly the reason for killing the coin in 1964 had to do with disapproval of its anticipated use in Las Vegas casinos. I do have to wonder, symbols being as powerful as they are, if hundreds of thousands of beautiful new silver dollars bearing the word “PEACE” entered circulation in the mid 60’s, as planned, what would the effect on the public be as at the very same time America was escalating its involvement in Vietnam. I really think it would have made a difference. The war was being hotly protested as it was. Being a sign that there was support in congress for the coin with its message of peace, protests might have escalated enough to force congress to end our involvement years earlier than they did. This coin with this word might have save tens of thousands of lives.
But congress was more concerned that Los Vegas not have silver dollars. Funny how things work out.
american gold dollar coin
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