What was the impact of the coinage act of 1873

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17-12-2018
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What was the impact of the coinage act of 1873

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1tzM3 1tzM3 · Answer 1 · 2018-12-17T17:40:34+01:00

1tzM3 1tzM3

17-12-2018

Revised and rewrote the existing laws regarding issues. When it was passed, it did away with bimetallism, putting the United States under the gold standard, Citizens could no longer have their silver converted to coins.

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djennings8055 djennings8055 · Answer 2 · 2019-01-31T17:34:14+01:00

djennings8055 djennings8055

31-01-2019

It stopped the use of silver as money in the United States.

This is the answer on Grad Point.

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