The Coinage Act Of 1792

See: U.S. Mint. The Coinage Act of 1792 is the physical and bureaucratic birthplace of the American dollar. Congress passed it, creating the U.S. dollar as the US’s supes official currency, establishing the US Mint (where they make the monies), and creating regulations of U.S. coinage.

Fun fact: the act pinned the value of the U.S. silver dollar to the Spanish silver dollar, which was popular in 1792. Now, many nations pin their value to the value of the U.S. dollar (oh how far we’ve come). Another fun fact: in 1792, we had a currency called “eagles” and “half eagles” that were minted from gold. Because ‘Murica.