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Historic Highlights

Presidents and Peace

1909:
The new one-cent design features Abraham Lincoln on the 100th anniversary of his birth.  It is the first circulating coin that shows a real person.
1913:
The United States stops printing bills that can be exchanged for gold coins.
1918:
Congress buys 40,000 acres of land at Camp Knox, Kentucky, for a training center.
1921:
The Peace Dollar is issued to commemorate peace between the United States, Germany, and Austria after World War I.

We begin to back our money with gold bullion instead of gold coins.

1932:
The new quarter dollar depicts George Washington, his second coin appearance.

Congress changes the name of Camp Knox to Fort Knox.

1933:
As one way to fight the Great Depression, people are no longer allowed to own gold.  The Mint stops making gold coins.  Silver coins and certificates are used instead.

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