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A silver sixpence minted in colonial New England was set for auction in 2003 with an estimated value of $33-31k.
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The first paper money in America was issued by the colony of Massachusetts. The currency was used to pay soldiers fighting a war against Quebec.
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The English Parliament banned the American colonies from printing paper money.
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Oliver Pollock, a New Orleans businessman, created the "$" symbol.
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The 1st US commercial bank, Bank of North America, opened in Philadelphia.
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The Treasury Department, headed by Alexander Hamilton, was created in New York City.
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The 1st US half-cent and one cent coins were minted.
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Pres. Jackson had special 1804 silver dollars minted for the sultan of Muscat (later Oman) and the King of Siam (later Thailand) for trade treaties negotiated by Edmund Roberts.
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The Second Bank of the US was chartered.
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President Andrew Jackson vetoed legislation to re-charter the Second Bank of the United States.
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New York passed the Free Banking Act and the idea of state-chartered banks spread across the country. Each bank issued its own bills in various shapes and sizes.
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Gold Coinage Act authorized the $20 Double Eagle gold coin.
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The US minted a 3-cent piece called a trine.
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US Congress authorized the minting of the first five-cent piece, also known as the "Shield nickel." The Shield nickel was quite effective in replacing the half dime, as its base metal composition discouraged hoarding and caused it to circulate very widely.
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Congress authorized a 20¢ coin. It lasted only 3 years.
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New York stock exchange trading exceeded two million shares for the first time in history.
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The 1st Lincoln head pennies were minted. It was 95% copper and was the first US coin to depict the likeness of a president.
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The US buffalo nickel, also known as the Indian head nickel, went into circulation. It continued to 1938.
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The 1st issue of Franklin Roosevelt dime.
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Congress ordered all U.S. coins to bear motto "In God We Trust".
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The first recognizably automated teller machine (ATM) was placed outside the Barclays PLC branch in Enfield, a north London suburb.
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Australia pioneered the use of plastic money.
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On Wall Street stocks plummeted in violent spasms of selling that sent the Dow industrial down more than 40 points to a six-month low.
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A French mint produced the first coins of Europe's single currency, the euro.
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The US federal debt passed the $7 trillion mark.
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The US Federal Reserve under new chairman Ben Bernanke raised its key federal funds rate by a quarter percentage point to 4.75%, in the 15th increase since June 2004.
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A new version of the US $1 coin, paying tribute to American presidents, went into general circulation. A unknown number were mistakenly struck without their edge inscription “In God We Trust.” George Washington appeared on the first coin.
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The euro finished above $1.50 for the first time after US Federal Reserve Chairman Ben Bernanke’s testimony supported market expectations of another US rate cut.
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The US Federal Reserve made clear that record-low interest rates will be around for at least a few more months.
