Article I, Section 8 of the U.S. Constitution provides that Congress has the power "[t]o coin money." Laws implementing this power are currently codified in Title 31 of the U.S. Code, under Section 5112, which prescribes the fo… 展开

The U.S. dollar was introduced at par with the Spanish-American silver dollar (or Spanish peso, Spanish milled dollar, eight-real coin, piece-of-eight). The latter was produced from the rich silver mine output of Spanish America, … 展开

The United States Mint has issued legal tender coins every year from 1792 to the present. From 1934 to the present, the only denominations produced for circulation have been the familiar penny, nickel, dime, quarter, half doll… 展开

The U.S. Constitution provides that Congress shall have the power to "borrow money on the credit of the United States." Congress has exercised that power by authorizing Federal Reserve Banks to issue Federal Reserv… 展开