(Redirected from Coinage Act (1864))The 'Coinage Act' of
1864, a
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 was directed to develop the designs for these coins for final approval of the
Secretary of the Treasury.
As a result of this law, the motto ''"
In God We Trust"'' first appeared, on the 1864 two-cent coin.
Congress passed the Act on
April 22,
1864.
Another Act of Congress, passed on
March 3,
1865, allowed the Mint Director, with the Secretary's approval, to place the motto on all
gold and
silver coins that "shall admit the inscription thereon."
External links
★
Information about the act from the U.S. Treasury Department