Coinage Act

The Coinage Act refers to laws passed by the U.S. Congress that govern the production, issuance, and regulation of currency, including coins and paper money. These laws establish standards for the design, metal content, and minting process, ensuring consistent and trustworthy currency for economic transactions. The Act also defines the authority of the government and the minting agencies, helps prevent counterfeiting, and maintains the stability and value of the nation’s money system. Essentially, it creates legal rules that oversee what our money looks like and how it functions within the economy.