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However, "gold coin" (in numismatic terminology) all the time refers to a coin that is (roughly) manufactured from gold, and does not embody coins fabricated from manganese brass or other alloys.
The dollar was attacked by congressmen from the Whig Occasion, then within the minority, on the grounds that it can be too small, could be counterfeited and in unhealthy light may be mistakenly spent as a half dime, the coins being related in size. This was performed in anticipation of the resumption of specie funds, which did not occur until the end of 1878.
Once specie again circulated at face value, the gold greenback discovered no place in commerce amid m***ve quantities of silver coinage, both launched from hoarding or newly struck by the Mint. A number of nations mint their very own gold coins in 1 ounce or partial ounce denominations.
Accordingly, though 1,361,355 gold dollars were struck in 1862-the final time manufacturing would exceed one million-the mintage fell to 6,200 in 1863 and remained low for the rest of the coin's existence, excepting 1873 and 1874. The Mint felt it improper to suspend coinage of a coin authorized by Congress, and issued proof coins (usually a number of dozen to the tiny numismatic neighborhood) from specially-polished dies, also producing enough circulation strikes in order that the proof coins would not be unduly rare.


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