The Pittman Act of 1918: How Silver Dollar Melting Led to a Surge in Silver Certificate Production
The Pittman Act of 1918 triggered one of the most dramatic reshufflings in American monetary history, sending hundreds of millions of Morgan Silver Dollars to the melting pot and flooding circulation with a wave of Silver Certificates. Understanding this legislation unlocks the story behind some of the most collectible small- and large-size notes of the early twentieth century.
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