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United States Dollar, Physical Models Released for circulation:
Original Gold Dollar:
1/20.67 Troy Oz of Fine Gold. Minted in denominations of $1, $2.50, $5, $10, & $20.
Source of value:
Gold composition.
Dates:
1795 - 1933 (de jure end of circulation).
Issuing entity:
The US Mint, Department of the Treasury.
Current status:
Discontinued.
Original Silver Dollar:
0.77344 Troy Oz of Fine Silver (16 to 1 ratio with Gold).
Source of value:
$1 face value tied to 1/20.67 Troy Oz of Gold by fiat until 1933, and 1/35th Troy Oz of Gold by fiat until 1971, underlying supportive value from Silver composition.
Dates:
1794 - 1935 (de jure end of production, de facto end of circulation).
Issuing entity:
The US Mint, Department of the Treasury.
Current status:
Discontinued.
90% Silver Fractional Dollar:
Mostly made with 0.72 Troy Oz of Fine Silver per $1 face value.
Source of value:
$1 face value tied to 1/20.67 Troy Oz of Gold by fiat until 1933, and 1/35th Troy Oz of Gold by fiat until 1971, underlying supportive value from Silver composition.
Dates:
Minted for circulation: 1796 - 1964.
Minted for collectors of Silver Proof sets: 1992 - 2018.
Issuing entity:
The US Mint, Department of the Treasury.
Current status:
Discontinued.
40% Silver Half Dollar:
Mostly made with 0.32 Troy Oz of Fine Silver per $1 face value.
Source of value:
$1 face value tied to 1/35th Troy Oz of Gold by fiat until 1971, underlying supportive value from Silver composition.
Dates:
Minted for circulation: 1965 - 1970.
Issuing entity:
The US Mint, Department of the Treasury.
Current status:
Discontinued.
Federal Reserve Note:
Cotton linen blend.
Source of value:
$1 face value tied to 1/20.67 Troy Oz of Gold by fiat until 1933, and 1/35th Troy Oz of Gold by fiat until 1971, 1972 to present fiat value comes from face only (backed by debt).
Dates:
1913 - Present.
Issuing entity:
Federal Reserve Banks (former) and the Bureau of Engraving and Printing (current).
Current status:
Circulating.
Copper/nickel/zinc fractional and whole dollars:
No standard of composition.
Source of value:
$1 face value tied to 1/20.67 Troy Oz of Gold by fiat until 1933, and 1/35th Troy Oz of Gold by fiat until 1971, 1972 to present fiat value comes from face only (backed by debt).
Dates:
Penny: 1793 - 2025 (Discontinued).
Nickel: 1866 - Present.
Dime: 1965 - Present.
Quarter: 1965 - Present.
Half Dollar: 1971 - Present.
One Dollar: 1971 - Present.
Issuing entity:
The US Mint, Department of the Treasury.
Current status:
Circulating.
As of 2026 with Gold around $5000/Oz, the modern paper and copper dollars have 1/242nd of their 1792 - 1933 value and 1/143rd of their 1934 - 1971 value and falling.
Going from 0.0484 Troy Oz of Gold per $1 in 1933, to 0.0002 Troy Oz of Gold today. A loss of 99.6% in less than 100 years.
Shared this video on Facebook only to have the post not even show up on my timeline when I went to look at it.
Being censored for posting this felt so surreal.
Here's the clip: