7
votes
3answers
930 views

How much has U.S. currency inflated since 1792?

How much has U.S. currency inflated since the Coinage Act of 1792 established the U.S. Mint? Adjusting for inflation, what amount of modern currency would have the same buying power as a 1792 dollar? ...
5
votes
1answer
171 views

What coin denominations were used in the US before Dollars and Cents?

In Thomas Jefferson's proposal for a decimal currency, he describes the status quo as: The [cent] will differ little from the copper of the four Eastern States, which is 1/108 of a dollar; still ...