Coinage Act of 1857
The Coinage Act of 1857 (Act of Feb. 21, 1857, Chap. 56, 34th Cong., Sess. III, 11 Stat. 163) was an act of the United States Congress which forbade the use of foreign coins as legal tender, repealing all acts "authorizing the currency of foreign gold or silver coins". Specific coins would be exchanged at the Treasury and re-coined. The act is divided into seven (7) sections.
In addition to banning foreign coins, the Coinage Act of 1857 also discontinued the half cent. Furthermore, the penny was reduced in size. The large cent was discontinued and regular coinage of the Flying Eagle cent began.
- Coinage Act of 1792
- Coinage Act of 1834
- Coinage Act of 1849
- Coinage Act of 1864
- Coinage Act of 1873
- Coinage Act of 1965
- Murray N. Rothbard. "The Mystery of Banking" (pdf), p.10, referenced 2009-08-24.
- Library of Congress. "An Act regulating the currency of foreign coins in the United States", passed on April 10, 1806, referenced 2009-08-24.
- Martin, David A. (1977), "The Changing Role of Foreign Money in the United States, 1782-1857", Journal of Economic History 37 (4): 1009–1027, JSTOR 2119352.