Coinage Act of 1864

The Coinage Act of 1864 was passed on April 22, 1864. The United States federal law changed the composition of the one-cent coin and authorized the minting of the two-cent coin. The Director of the United States Mint developed the designs for these coins for final approval of the Secretary of the Treasury. As a result of this law, the phrase "In God We Trust" first appeared, on the 1864 two-cent coin. An Act of Congress, passed on March 3, 1865, allowed the Mint Director, with the Secretary's approval, to place the phrase on all gold and silver coins that "shall admit the inscription thereon." In 1956, "In God We Trust" replaced "E Pluribus Unum" as the national motto. All currency was printed and minted with the new motto.[1]

A US Penny (One Cent Coin)

See also

References

  1. "History of 'In God We Trust'". U.S. Department of the Treasury. Retrieved 3 October 2013.
This article is issued from Wikipedia - version of the 7/14/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.