The Coinage Act of 1792 was also known as the Mint Act ... English speakers referred to these Spanish 8 reales as the Spanish milled dollar. The word "milled" referred to the fact that coin ...

Fact checked by Yarilet Perez Reviewed by Samantha Silberstein Before the first coinage act in the United States, citizens of the U.S. exchanged goods and services through the barter system. At this ...