In 1857 Congress finally repealed the laws giving legal tender status to any foreign coins then circulating in the United States. The Mint agreed to accept for exchange any Spanish or Mexican coins at the rate of 25¢,12½¢, and 6¼¢ for 2 reales, one-reale, and half-reales regardless of wear.
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From the earliest days of the British-American colonies, up though early 1857, a variety of foreign coinage circulated. ... money supply in the United States.
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35. After extended deliberation, the old coinage law of 1792 was altered in June 1834 to secure a currency of U.S. gold and silver coins and to renew the ...