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Saturday, January 1, 2011

Why do coins have the word "liberty" on them?


To put the word "LIBERTY" onto coins was written into the Coinage Act of 1792 and has never been modified

From The Coinage Act:

One side was to have an impression emblematic of liberty, with the inscription "LIBERTY" and the year of the coinage.

The reverse side of each of the gold and silver coins was to have the figure or representation of an eagle with the inscription "UNITED STATES OF AMERICA."

Technically, the new Presidential Dollars are not legal tender because : To follow this story click on the following link then click on "Why do coins have the word "liberty" on them?":


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