Did the public use the names of the official denominations of the gold coins?
Congress used the official "Eagle" as the denomination. Judging from what evidence is available, the general public ignored the official name and called the coins by their numerical denomination - $10 gold, $5 gold, $2.50 gold, etc. The trend is running the other way with the modern versions. The pieces are being called silver Eagles rather than dollars....
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Sunday, October 28, 2007
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