US Coins

Last Updated: Jul 23, 2023

After the Mint Act was signed in 1792 by George Washington, the coins have been circulating through the United States with certain variations at times. For over 227 years, the US dollar coins have been representing the history as well as the personality of the country through their delicate designs and carvings. Over the decades, American history has been reflected through its coinage system.

Since the implication of the Mint Act, the currency circulating in the country is the American dollar. Telling the country's economic, cultural as well as social history of the country has made these coins rare and relatively popular among coin collectors worldwide. With headquarters in Washington, US coins Mints are located in Philadelphia, Denver, San Francisco, West Point, and Fort Know, Ky.

Types of US Coins

For the convenience of regulation and economic purposes, a single dollar is divided into 100 smaller units featuring cents, quarters, and dimes. Ten coin denominations were authorized by the 1792 Act, from pennies, cents, to dollars. These denominations ensured a stable coinage system as well as easy regulation of the currency. The ten coins produced at that time are listed below;

  • $10 coin engraved with an eagle's face (Gold coin)
  • $5 coin with half an eagle (Gold coin)
  • $2.50 with a quarter eagle (Gold coin)
  • $1 coin (Silver coin)
  • 50 half dollar coin (Silver coin)
  • 25 quarter dollar (Silver coin)
  • 10 dime (Silver coin)
  • 5 half dime (Silver coin, Nickel later)
  • 0.1 cent (Penny), (Copper coin)
  • 0.05 half-cent (ended in 1857), (Copper coin)

Rare and Collectible US Coins

US dollar coins are collected not just because they are rare and reflect the State's history but also pretty valuable. US Mint produces a variety of collectible coins that are different from the coins made for general circulation. For example, Kennedy half a dollar, Native American $1 coins, American innovation $1 coins are all explicitly produced to collect and praise.

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