The Constitution of the United States of America provides that the United States Congress shall have the power "To coin Money".Laws implementing this power are currently codified in Section 5112 of Title 31 of the United States Code. Section 5112 provides that United States dollars shall be issued in two forms: (1) a coin made of a copper alloy and (2) a coin made of pure silver.Those coins are both designated in Section 5112 as "legal tender" in payment of debts.The Sacagawea dollar is one example of the copper alloy dollar. The pure silver dollar is known as the American Silver Eagle. Section 5112 also provides for the minting and issuance of other coins, which have values ranging from one-hundredth of one dollar to fifty dollars.These other coins are more fully described in Coins of the United States dollar.
Sunday, January 10, 2010
Subhadra Dengudu Ghadha
The Constitution of the United States of America provides that the United States Congress shall have the power "To coin Money".Laws implementing this power are currently codified in Section 5112 of Title 31 of the United States Code. Section 5112 provides that United States dollars shall be issued in two forms: (1) a coin made of a copper alloy and (2) a coin made of pure silver.Those coins are both designated in Section 5112 as "legal tender" in payment of debts.The Sacagawea dollar is one example of the copper alloy dollar. The pure silver dollar is known as the American Silver Eagle. Section 5112 also provides for the minting and issuance of other coins, which have values ranging from one-hundredth of one dollar to fifty dollars.These other coins are more fully described in Coins of the United States dollar.
