Coinage Act of 1834

E1896

The Coinage Act of 1834 was a U.S. law that significantly altered the gold-to-silver ratio and the gold content of coins, helping to stabilize the currency and encourage the circulation of gold.

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AI-generated illustration of Coinage Act of 1834

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of the Coinage Act of 1834 (The Coinage Act of 1834 was a U.S. law that significantly altered the gold-to-silver ratio and the gold content of coins, helping to stabilize the currency and encourage the circulation of gold.)

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Label Occurrences
Coinage Act of 1834 canonical 1

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf United States federal statute ⓘ
monetary law ⓘ
amended Coinage Act of 1792 ⓘ
appliesTo United States dollar ⓘ
linked to: US dollar
associatedWithPolicy hard money policy ⓘ
changedGoldContentOf Eagle (10-dollar gold coin) ⓘ
Half Eagle (5-dollar gold coin) ⓘ
Quarter Eagle (2.50-dollar gold coin) ⓘ
changedGoldSilverRatioFrom 15:1 ⓘ
changedGoldSilverRatioTo approximately 16:1 ⓘ
country United States ⓘ
dateEnacted 1834-06-28 ⓘ
effect altered relative market values of gold and silver in U.S. law ⓘ
changed legal gold-to-silver ratio in the United States ⓘ
discouraged export and melting of U.S. gold coins ⓘ
encouraged circulation of gold coins ⓘ
reduced gold content of U.S. gold coins ⓘ
field economic history of the United States ⓘ
numismatics ⓘ
followedBy Coinage Act of 1849 ⓘ
Coinage Act of 1853 ⓘ
hasEffectOn relative circulation of gold and silver coins in the United States ⓘ
historicalPeriod Jacksonian era ⓘ
implementedBy United States Mint ⓘ
jurisdiction United States federal government ⓘ
languageOfWork English ⓘ
legalStatus public law of the United States ⓘ
legislativeBody United States Congress ⓘ
locationOfImplementation United States Mint facilities ⓘ
linked to: United States Mint
monetarySystem bimetallic standard ⓘ
officeholderSigning President of the United States ⓘ
precededBy Coinage Act of 1792 ⓘ
previousGoldPurity 0.9167 fine ⓘ
purpose bring U.S. statutory gold-silver ratio closer to world market ratio ⓘ
promote use of gold as circulating medium ⓘ
stabilize U.S. currency ⓘ
reducedGoldPurityTo 0.8992 fine ⓘ
regulates specie coinage in the United States ⓘ
revised Coinage Act of 1792 ⓘ
signedBy Andrew Jackson ⓘ
subject U.S. coinage ⓘ
bimetallism ⓘ
gold standard ⓘ
monetary policy of the United States ⓘ
silver standard ⓘ
typeOfStatute coinage act ⓘ
yearEnacted 1834 ⓘ

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Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Coinage Act of 1792 → replacedBy → Coinage Act of 1834 ⓘ