On April 2, 1792, long before fiat currency, digital dollars, or cryptocurrency, America’s Founders sought to anchor the ...

The US government's Coinage Act of 1792, which confirmed the dollar as the US standard currency unit also fixed the gold-silver ratio at 15:1. This ultimately resulted in gold being valued over ...

Ultimately, it was decided there should be only one national coinage. Under the Coinage Act of 1792, gold coins had different values, including $2.50 (called a quarter eagle), $5 (half eagle ...