Stacks of money

U.S. Currency History Timeline

  • One-Cent Coin

    One-Cent Coin
    One-cent coins were minted due to a copper shortage caused by the War of 1812 with Great Britian.
  • Indian Coin

    The first Indian Coin was introduced.
  • Paper Money

    Paper Money
    The US Department of the Treasury started issuing the first paper money.
  • Gold Certificates

    Gold Certificates
    The government issued gold certificates- paper currency backed by gold placed on deposit with the United States Treaasury.
  • National Banking System

    National Banking System
    The Federal Government forced state banks to join the National Banking System by placing a 10% tax on all privately isssued bank notes.
  • Period: to

    Silver Dollar

    The US started producing large, heavy silver dollars, exclusively used for trading with china.
  • Christopher Columbus Coin

    Christopher Columbus Coin
    The first coin featuring Christopher Columbus was minted.