[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fJQ28zsFgKXZgV0juWN8SMIiMsGsJbNVP20XWShL8cVQ":3,"blogTags":36,"blogCategories":287,"blogArticle-what-is-bimetallism":316,"blogArticles-{\"page\":1,\"category_id\":65}":329},{"gold":4,"silver":12,"palladium":20,"platinum":28,"timestamp":35},{"price":5,"ask":6,"bid":7,"high":8,"low":9,"change":10,"change_percent":11},4057.14,4057.41,4056.78,4100.44,4050.85,-11.07,-0.27,{"price":13,"ask":14,"bid":15,"high":16,"low":17,"change":18,"change_percent":19},57.51,57.53,57.48,58.66,57.35,-0.15,-0.26,{"price":21,"ask":22,"bid":23,"high":24,"low":25,"change":26,"change_percent":27},1259.01,1262.8,1258.89,1278.78,1258.24,3.02,0.24,{"price":29,"ask":30,"bid":29,"high":31,"low":32,"change":33,"change_percent":34},1599.54,1602.79,1630,1594.1,-16.36,-1.01,1785384000,{"tags":37},[38,248,263],{"id":39,"website_id":40,"name":41,"meta_title":42,"meta_description":43,"parent_tag_id":44,"created_at":45,"children":46,"url":247},13,15,"US Coins","Britannia Coins – Gold & Silver Britannia Prices, History & Full Guide.","Discover Gold and Silver Britannia coins: history, features, 1 oz prices, investment value, and where to buy them.",0,"2025-10-30T14:53:39Z",[47,79,111,143,175,207,239],{"id":48,"website_id":40,"name":49,"meta_title":50,"meta_description":51,"parent_tag_id":39,"created_at":52,"children":53,"url":78},25,"Penny","U.S. Pennies – Value Guide, Errors & Varieties by Year","Explore U.S. pennies by type and year. See values, errors, key dates, and identification guides from Indian Head to Lincoln cents.","2025-10-30T16:15:29Z",[54,62,70],{"id":55,"website_id":40,"name":56,"meta_title":57,"meta_description":58,"parent_tag_id":48,"created_at":59,"children":60,"url":61},39,"Indian Head Penny","Indian Head Penny – Values, Key Dates & Varieties","Browse Indian Head penny values, rare dates, mint marks, and error varieties with an identification guide.","2025-10-31T06:21:41Z",[],"us-coins\u002Fpenny\u002Findian-head-penny",{"id":63,"website_id":40,"name":64,"meta_title":65,"meta_description":66,"parent_tag_id":48,"created_at":67,"children":68,"url":69},40,"Wheat Penny","Wheat Penny Values – Rare Dates, Errors & Varieties","Learn Wheat penny prices, key dates, and valuable error varieties including 1909-S VDB and doubled dies.","2025-10-31T07:35:19Z",[],"us-coins\u002Fpenny\u002Fwheat-penny",{"id":71,"website_id":40,"name":72,"meta_title":73,"meta_description":74,"parent_tag_id":48,"created_at":75,"children":76,"url":77},42,"Lincoln Cent","Lincoln Cent Value Guide – Errors, Varieties & Key Dates","Discover Lincoln cent values, year-by-year prices, rare errors, and identification insights from 1909 to modern issues.","2025-10-31T08:14:44Z",[],"us-coins\u002Fpenny\u002Flincoln-cent","us-coins\u002Fpenny",{"id":80,"website_id":40,"name":81,"meta_title":82,"meta_description":83,"parent_tag_id":39,"created_at":84,"children":85,"url":110},26,"Quarter","U.S. Quarters – Value Guide, Key Dates & Rare Varieties","Browse all U.S. quarter types, from early issues to Washington quarters. View values, rare errors, and identification tips.","2025-10-30T16:15:40Z",[86,94,102],{"id":87,"website_id":40,"name":88,"meta_title":89,"meta_description":90,"parent_tag_id":80,"created_at":91,"children":92,"url":93},74,"Beautiful Quarters","National Park Quarters: Complete Guide to America the Beautiful Quarters, Values, Lists & Sets","Explore the complete National Park Quarters and America the Beautiful Quarters guide, including full lists, pictures, values, checklists, and collectible sets. Learn how many National Park quarters exist, which are the most valuable, and how to build a complete set.","2025-12-02T09:07:36Z",[],"us-coins\u002Fquarter\u002Fbeautiful-quarters",{"id":95,"website_id":40,"name":96,"meta_title":97,"meta_description":98,"parent_tag_id":80,"created_at":99,"children":100,"url":101},70,"State Quarters","2008 Hawaii Quarter Value Guide (P & D Mint Marks)\n","How much is a 2008 Hawaii Quarter worth? Discover key errors, the 2008-P & 2008-D varieties, and why some sell for over face value.\n\n\n","2025-12-01T11:39:34Z",[],"us-coins\u002Fquarter\u002Fstate-quarters",{"id":103,"website_id":40,"name":104,"meta_title":105,"meta_description":106,"parent_tag_id":80,"created_at":107,"children":108,"url":109},47,"Washington Quarter","Washington Quarter Values – Silver Years & Rare Errors","Check Washington quarter values, silver years, key dates, and error varieties with identification tips.","2025-10-31T13:21:20Z",[],"us-coins\u002Fquarter\u002Fwashington-quarter","us-coins\u002Fquarter",{"id":112,"website_id":40,"name":113,"meta_title":114,"meta_description":115,"parent_tag_id":39,"created_at":116,"children":117,"url":142},27,"Dollar","U.S. Dollar Coins – Values, Key Dates & Collecting Guide","Identify dollar coins from Morgan to Peace and modern series. View prices, mint marks, rare varieties, and collectible issues.","2025-10-30T16:16:36Z",[118,126,134],{"id":119,"website_id":40,"name":120,"meta_title":121,"meta_description":122,"parent_tag_id":112,"created_at":123,"children":124,"url":125},51,"Susan B. Anthony Dollar","Susan B. Anthony Dollar – Values, Varieties & Key Dates","Learn Susan B. Anthony dollar values, errors, and identification details including 1979 wide rim and key varieties.","2025-11-01T11:07:14Z",[],"us-coins\u002Fdollar\u002Fsusan-b-anthony-dollar",{"id":127,"website_id":40,"name":128,"meta_title":129,"meta_description":130,"parent_tag_id":112,"created_at":131,"children":132,"url":133},49,"Morgan Silver Dollar","Morgan Silver Dollar Values – Key Dates & Rare Varieties","Explore Morgan dollar values, VAM varieties, certification tips, and collector pricing guides.","2025-11-01T07:39:32Z",[],"us-coins\u002Fdollar\u002Fmorgan-silver-dollar",{"id":135,"website_id":40,"name":136,"meta_title":137,"meta_description":138,"parent_tag_id":112,"created_at":139,"children":140,"url":141},50,"Peace Dollar","Peace Dollar Values – Key Dates, Varieties & Silver Price","Discover Peace dollar pricing with silver melt values, rare dates, and collector varieties.","2025-11-01T08:00:00Z",[],"us-coins\u002Fdollar\u002Fpeace-dollar","us-coins\u002Fdollar",{"id":144,"website_id":40,"name":145,"meta_title":146,"meta_description":147,"parent_tag_id":39,"created_at":148,"children":149,"url":174},28,"Half Dollar","U.S. Half Dollars – Values, Varieties & Identification Guide","Explore half-dollar series including Walking Liberty, Franklin, and Kennedy. View values, errors, and collectible key dates.","2025-10-30T16:16:45Z",[150,158,166],{"id":151,"website_id":40,"name":152,"meta_title":153,"meta_description":154,"parent_tag_id":144,"created_at":155,"children":156,"url":157},52,"Franklin Half Dollar","Franklin Half Dollar Values – Key Dates & Varieties","Explore Franklin half dollar FBL varieties, rare dates, and pricing with a collector-focused identification guide.","2025-11-01T11:19:18Z",[],"us-coins\u002Fhalf-dollar\u002Ffranklin-half-dollar",{"id":159,"website_id":40,"name":160,"meta_title":161,"meta_description":162,"parent_tag_id":144,"created_at":163,"children":164,"url":165},53,"Kennedy Half Dollar","Kennedy Half Dollar Values – Silver Years & Errors","View Kennedy half dollar prices, silver years, key dates, and rare errors with a full identification guide.","2025-11-01T11:22:45Z",[],"us-coins\u002Fhalf-dollar\u002Fkennedy-half-dollar",{"id":167,"website_id":40,"name":168,"meta_title":169,"meta_description":170,"parent_tag_id":144,"created_at":171,"children":172,"url":173},54,"Walking Liberty","Walking Liberty Half Dollar – Values & Key Dates","See Walking Liberty half dollar values, rare dates, mint marks, and collector identification insights.","2025-11-01T11:48:25Z",[],"us-coins\u002Fhalf-dollar\u002Fwalking-liberty","us-coins\u002Fhalf-dollar",{"id":176,"website_id":40,"name":177,"meta_title":178,"meta_description":179,"parent_tag_id":39,"created_at":180,"children":181,"url":206},29,"Nickel","U.S. Nickels – Value Guide, Types & Rare Varieties","See all U.S. nickel types with values, identification tips, key dates, and rare varieties including Liberty, Buffalo, and Jefferson nickels.","2025-10-30T16:16:53Z",[182,190,198],{"id":183,"website_id":40,"name":184,"meta_title":185,"meta_description":186,"parent_tag_id":176,"created_at":187,"children":188,"url":189},57,"Liberty Head Nickel","Liberty Head Nickel Value Guide – Key Dates & Varieties","Discover Liberty Head nickel (V nickel) values, errors, key dates, and identification features for collectors.","2025-11-01T14:01:37Z",[],"us-coins\u002Fnickel\u002Fliberty-head-nickel",{"id":191,"website_id":40,"name":192,"meta_title":193,"meta_description":194,"parent_tag_id":176,"created_at":195,"children":196,"url":197},58,"Buffalo Nickel","Buffalo Nickel Values – Key Dates, Errors & Varieties","Check Buffalo nickel values, rare dates, mint errors, and identification tips, including the famous 1916\u002F1917 and 3-Legged varieties.","2025-11-01T14:04:25Z",[],"us-coins\u002Fnickel\u002Fbuffalo-nickel",{"id":199,"website_id":40,"name":200,"meta_title":201,"meta_description":202,"parent_tag_id":176,"created_at":203,"children":204,"url":205},59,"Jefferson Nickel","Jefferson Nickel Values – Silver Years & Rare Errors","See Jefferson nickel values by year. Includes wartime silver nickels, key dates, and identification of valuable errors.","2025-11-01T16:03:07Z",[],"us-coins\u002Fnickel\u002Fjefferson-nickel","us-coins\u002Fnickel",{"id":208,"website_id":40,"name":209,"meta_title":210,"meta_description":211,"parent_tag_id":39,"created_at":212,"children":213,"url":238},30,"Dime","U.S. Dimes – Value Guide, Varieties & Identification","Explore all major U.S. dime series. Compare values, mint marks, rare errors, and year-by-year price listings for collectors.","2025-10-30T16:17:02Z",[214,222,230],{"id":215,"website_id":40,"name":216,"meta_title":217,"meta_description":218,"parent_tag_id":208,"created_at":219,"children":220,"url":221},36,"Roosevelt Dime","Roosevelt Dime Values – Silver Years, Errors & Varieties","See Roosevelt dime values from silver years to modern issues. Includes mint marks, errors, key dates, and collector pricing.","2025-10-30T16:19:25Z",[],"us-coins\u002Fdime\u002Froosevelt-dime",{"id":223,"website_id":40,"name":224,"meta_title":225,"meta_description":226,"parent_tag_id":208,"created_at":227,"children":228,"url":229},34,"Barber Dime","Barber Dime Values – Identification, Dates & Varieties","Explore Barber dime key dates, mint marks, values, and rare varieties with a complete identification guide.","2025-10-30T16:19:08Z",[],"us-coins\u002Fdime\u002Fbarber-dime",{"id":231,"website_id":40,"name":232,"meta_title":233,"meta_description":234,"parent_tag_id":208,"created_at":235,"children":236,"url":237},35,"Mercury Dime","Mercury Dime Value Guide – Key Dates & Rare Varieties","Learn Mercury dime values, rare dates, Full Bands varieties, and identification tips for collectors and investors.","2025-10-30T16:19:15Z",[],"us-coins\u002Fdime\u002Fmercury-dime","us-coins\u002Fdime",{"id":240,"website_id":40,"name":241,"meta_title":242,"meta_description":243,"parent_tag_id":39,"created_at":244,"children":245,"url":246},32,"Half Dime","Half Dime Coins – Values, Varieties & Identification Guide","Learn about U.S. Half Dimes, their history, key dates, errors, and coin values. Discover rare varieties and pricing for collectors.","2025-10-30T16:17:33Z",[],"us-coins\u002Fhalf-dime","us-coins",{"id":249,"website_id":40,"name":250,"meta_title":251,"meta_description":252,"parent_tag_id":44,"created_at":253,"children":254,"url":262},55,"AU Coins","Australian Coins – Values, Key Dates & Varieties Guide","Explore Australian coin values, mint marks, years, and rare varieties with identification tips for collectors.","2025-11-01T13:36:04Z",[255],{"id":256,"website_id":40,"name":49,"meta_title":257,"meta_description":258,"parent_tag_id":249,"created_at":259,"children":260,"url":261},56,"Australian Penny Values – Key Dates & Varieties","See Australian penny values, rare dates, mint errors, and identification notes for collectors.","2025-11-01T13:37:40Z",[],"au-coins\u002Fpenny","au-coins",{"id":264,"website_id":40,"name":265,"meta_title":266,"meta_description":267,"parent_tag_id":44,"created_at":268,"children":269,"url":286},87,"UK Coins","British & UK Coins: A Complete Identification Guide","New to collecting UK coins? Learn about different denominations, historical designs, and how to spot rare British coins in circulation or collections.","2026-01-14T08:05:45Z",[270,278],{"id":271,"website_id":40,"name":272,"meta_title":273,"meta_description":274,"parent_tag_id":264,"created_at":275,"children":276,"url":277},88,"50 pence","50p Coins: Value, Rarity & Full Price List Guide","Discover the value of 50p coins with our comprehensive guide. Explore the full list of rare 50 pence designs, mintage figures, and current market prices for collectors.","2026-01-14T08:10:12Z",[],"uk-coins\u002F50-pence",{"id":279,"website_id":40,"name":280,"meta_title":281,"meta_description":282,"parent_tag_id":264,"created_at":283,"children":284,"url":285},89,"2 pound","British 2 Pound Coin Guide: Identification & History","Learn everything about the British 2 pound coin. From the first bi-metallic issues to the latest commemorative releases, find mintage stats and collector values.","2026-01-14T08:19:48Z",[],"uk-coins\u002F2-pound","uk-coins",[288,292,296,300,304,308,312],{"id":289,"domain_id":40,"locale_id":44,"name":290,"url":291},64,"Coin Collecting Tips","coin-collecting-tips",{"id":293,"domain_id":40,"locale_id":44,"name":294,"url":295},61,"Coins Overview","coins-overview",{"id":297,"domain_id":40,"locale_id":44,"name":298,"url":299},66,"Collector Apps and Tools","collector-apps-and-tools",{"id":301,"domain_id":40,"locale_id":44,"name":302,"url":303},63,"Grading and Valuation","grading-and-valuation",{"id":305,"domain_id":40,"locale_id":44,"name":306,"url":307},62,"Historical Coin Profiles","historical-coin-profiles",{"id":309,"domain_id":40,"locale_id":44,"name":310,"url":311},65,"Numismatic News","numismatic-news",{"id":313,"domain_id":40,"locale_id":44,"name":314,"url":315},76,"Precious Metals","precious-metals",{"author_id":44,"card_img":317,"category_id":309,"created":318,"first_tag_id":44,"header":319,"id":320,"meta_desc":321,"meta_title":322,"publish_date":323,"second_tag_id":44,"short":324,"text":325,"third_tag_id":44,"time_to_read":326,"type":327,"updated":318,"url":328,"year":327},"\u002Fgallery\u002Fnumismatic_news\u002F2025\u002Foctober\u002Fci_article_760_4.webp","2025-10-11T07:46:54Z","What is Bimetallism?",1702,"What is bimetallism? Learn the definition, meaning in U.S. history, APUSH context, why farmers supported it, and how it compared to the gold standard during the Gilded Age.","Bimetallism – Definition, Meaning & Role in U.S. History","2025\u002F10\u002F11","In the history of the United States of America, bimetallism was an important topic in the economic and political debates of the late 1800s, a time called the Gilded Age.","\u003Cdiv class=\"contents-container\">\u003Ch2 class=\"text-h3 contents-header\">Contents:\u003C\u002Fh2>\u003Cul class=\"contents-list\">\u003Cli class=\"link-container\">\u003Ca href=\"#content0\" class=\"text-body-2 link\">The Idea of Gresham's Law\u003C\u002Fa>\u003C\u002Fli>\u003Cli class=\"link-container\">\u003Ca href=\"#content1\" class=\"text-body-2 link\">Bimetallism Definition US History\u003C\u002Fa>\u003C\u002Fli>\u003Cli class=\"link-container\">\u003Ca href=\"#content2\" class=\"text-body-2 link\">The Economic Fight of the Bimetallism Gilded Age\u003C\u002Fa>\u003C\u002Fli>\u003Cli class=\"link-container\">\u003Ca href=\"#content3\" class=\"text-body-2 link\">Farmers and the Call for Free Silver\u003C\u002Fa>\u003C\u002Fli>\u003Cli class=\"link-container\">\u003Ca href=\"#content4\" class=\"text-body-2 link\">Defeat and the Gold Standard Act of 1900\u003C\u002Fa>\u003C\u002Fli>\u003Cli class=\"link-container\">\u003Ca href=\"#content5\" class=\"text-body-2 link\">FAQ\u003C\u002Fa>\u003C\u002Fli>\u003C\u002Ful>\u003C\u002Fdiv>\u003Cp style=\"text-align: justify;\">In the history of the United States of America, bimetallism was an important topic in the economic and political debates of the late 1800s, a time called the Gilded Age.\u003C\u002Fp>\u003Cp style=\"text-align: justify;\">This period was a time of rapid factory growth, increasing social inequality, and a serious crisis in agriculture, and it turned into a battleground between people who supported the gold standard, usually rich people who lent money, and factory owners, and who supported bimetallism — mostly farmers and people who They owed money. \u003C\u002Fp>\u003Cp style=\"text-align: justify;\">And before being able to \u003Ca href=\"https:\u002F\u002Fcoin-identifier.com\u002F\">\u003Cspan style=\"color: rgb(17, 85, 204);\">check coin value\u003C\u002Fspan>\u003C\u002Fa>, let's figure out the answer to the question: \u003Cspan style=\"font-style: italic;\">What is bimetallism in U.S. history?\u003C\u002Fspan> And \u003Cspan style=\"font-style: italic;\">why many people began to perceive its support as a political conviction\u003C\u002Fspan>, so that we could better understand the American history of that time.\u003C\u002Fp>\u003Cdiv style=\"text-align: center\">\u003Cimg src=\"https:\u002F\u002Fcoin-identifier.com\u002Fgallery\u002Fnumismatic_news\u002F2025\u002Foctober\u002Fci_article_760_1.webp\" loading=\"lazy\" width=\"1792\" height=\"1024\" alt=\"Political cartoon mocking William Jennings Bryan's whistle-stop campaign\" style=\"\">\u003C\u002Fdiv>\u003Ch2 id=\"content0\" class=\"anchor-scroll-margin\">The Idea of Gresham's Law\u003C\u002Fh2>\u003Ch3>\u003Cspan style=\"color: rgb(67, 67, 67);\">Bimetallism Simple Definition\u003C\u002Fspan>\u003C\u002Fh3>\u003Cp style=\"text-align: justify;\">It is a money system where the money supply is supported by using two metals, \u003Ca href=\"https:\u002F\u002Fcoin-identifier.com\u002Fblog\u002Fcoin-collecting-tips\u002Finvestment-in-gold-and-silver-coins\">\u003Cspan style=\"color: rgb(17, 85, 204);\">gold and silver coins\u003C\u002Fspan>\u003C\u002Fa>. \u003C\u002Fp>\u003Cp style=\"text-align: justify;\">The most important part of this system is the \u003Cspan style=\"font-weight: 700;\">fixed ratio\u003C\u002Fspan> set by the government, which is the legal exchange rate between gold and silver — for example, 16 grams of silver equal 1 gram of gold. \u003C\u002Fp>\u003Cp style=\"text-align: justify;\">The government also promises \u003Cspan style=\"font-weight: 700;\">free coinage\u003C\u002Fspan>, meaning that any private person can bring a lot of gold or silver to the mint and get coins back at the set rate.\u003C\u002Fp>\u003Cp style=\"text-align: justify;\">And before people were to define bimetallism, they thought that a bimetallism meaning should make the money supply more stable and more flexible than a single-metal standard, because the money would depend on two different sources of valuable metals.\u003C\u002Fp>\u003Ch3>\u003Cspan style=\"color: rgb(67, 67, 67);\">The Problem Inside: Gresham's Law\u003C\u002Fspan>\u003C\u002Fh3>\u003Cp style=\"text-align: justify;\">However, in real life, the definition of bimetallism always had a basic problem, which is known as \u003Cspan style=\"font-weight: 700;\">Gresham's Law.\u003C\u002Fspan>\u003C\u002Fp>\u003Cp style=\"text-align: center;\">\"\u003Cspan style=\"font-style: italic;\">Bad money drives out good\u003C\u002Fspan>\"\u003C\u002Fp>\u003Cp style=\"text-align: justify;\">This problem starts because the legal rate set by the government is different from the market rate of the metals' value. \u003C\u002Fp>\u003Cp style=\"text-align: justify;\">If the market \u003Ca href=\"https:\u002F\u002Fcoin-identifier.com\u002Fblog\u002Fnumismatic-news\u002Fsilver-price-prediction-2030\">\u003Cspan style=\"color: rgb(17, 85, 204);\">price of silver\u003C\u002Fspan>\u003C\u002Fa> goes down, then the legal ratio, for example, 16:1 becomes bad for the people who have silver. These people will take their cheaper silver to the mint to get heavy \u003Ca href=\"https:\u002F\u002Fcoin-identifier.com\u002Fblog\u002Fhistorical-coin-profiles\u002Frare-gold-coins\">\u003Cspan style=\"color: rgb(17, 85, 204);\">gold coins\u003C\u002Fspan>\u003C\u002Fa>, and they will keep the gold for themselves, or they will take it to other countries where its value is higher at the market rate.\u003C\u002Fp>\u003Cp style=\"text-align: justify;\">Because of this, the money system actually becomes a single-metal system either gold or silver, but it uses the \"bad\" metal that the government overvalued. \u003C\u002Fp>\u003Cp style=\"text-align: justify;\">This happened in the 1800s in the US, where the country mostly worked only with silver before 1834 or only with gold after 1834, even though bimetallism was officially in place.\u003C\u002Fp>\u003Ch2 id=\"content1\" class=\"anchor-scroll-margin\">Bimetallism Definition US History\u003C\u002Fh2>\u003Ch3>\u003Cspan style=\"color: rgb(67, 67, 67);\">The First Leaders and the Coinage Act of 1792\u003C\u002Fspan>\u003C\u002Fh3>\u003Cp style=\"text-align: justify;\">The US Congress first encouraged bimetallism with the \u003Cspan style=\"font-weight: 700;\">Coinage Act of 1792\u003C\u002Fspan>. Alexander Hamilton, who was the first Treasury Secretary, set the ratio of gold to silver at 15:1. \u003C\u002Fp>\u003Cp style=\"text-align: justify;\">\u003Cspan style=\"font-style: italic;\">This rate was not right compared to the market prices in Europe, and this immediately caused Gresham's Law to happen: gold was undervalued and quickly went out of use, leaving only silver coins in circulation.\u003C\u002Fspan>\u003C\u002Fp>\u003Cp style=\"text-align: justify;\">People tried to fix this problem in 1834 and 1837 by changing the ratio to 16:1, but this caused the opposite problem: now silver was undervalued and went out of use, leaving only gold in circulation. \u003C\u002Fp>\u003Cp style=\"text-align: justify;\">So, by the middle of the 1800s, the US was actually using the \u003Cspan style=\"font-weight: 700; font-style: italic;\">gold standard.\u003C\u002Fspan>\u003C\u002Fp>\u003Cdiv style=\"text-align: center\">\u003Cimg src=\"https:\u002F\u002Fcoin-identifier.com\u002Fgallery\u002Fnumismatic_news\u002F2025\u002Foctober\u002Fci_article_760_2.webp\" loading=\"lazy\" width=\"1792\" height=\"1024\" alt=\"The standard silver dollar was abolished by the Coinage Act of 1873\" style=\"\">\u003C\u002Fdiv>\u003Ch3>\u003Cspan style=\"color: rgb(67, 67, 67);\">The Crime of '73\u003C\u002Fspan>\u003C\u002Fh3>\u003Cp style=\"text-align: justify;\">A very important change happened with the \u003Cspan style=\"font-weight: 700;\">Coinage Act of 1873\u003C\u002Fspan>, which was not well-known when it was passed, actually stopped the free coinage of silver. \u003C\u002Fp>\u003Cp style=\"text-align: justify;\">The law made silver no longer legal money and made gold the only metal that decided the value of the dollar. \u003C\u002Fp>\u003Cp style=\"text-align: justify;\">Stopping silver from being used as money did not let this happen, which made the strict money policy stronger, and this later caused farmers to greatly support bimetallism.\u003C\u002Fp>\u003Ch2 id=\"content2\" class=\"anchor-scroll-margin\">The Economic Fight of the Bimetallism Gilded Age\u003C\u002Fh2>\u003Ch3>\u003Cspan style=\"color: rgb(67, 67, 67);\">Gold Standard vs Bimetallism\u003C\u002Fspan>\u003C\u002Fh3>\u003Cp style=\"text-align: justify;\">When the US fully moved to the gold standard in the late 1800s and which was officially confirmed by the Gold Standard Act of 1900, it meant that the amount of money that people could use was directly connected to the amount of gold that the US Treasury had.\u003C\u002Fp>\u003Cul>\u003Cli>\u003Cp style=\"text-align: justify;\">\u003Cspan style=\"font-weight: 700;\">The Gold Standard\u003C\u002Fspan> gave stable prices for a long time and made international investors trust the US, but it had a big problem: \u003Cspan style=\"font-weight: 700;\">deflation\u003C\u002Fspan>. \u003C\u002Fp>\u003C\u002Fli>\u003C\u002Ful>\u003Cp style=\"text-align: justify;\">During a time when the economy and population were growing quickly, the amount of trade and goods being made grew faster than the amount of gold available. And this made the money supply tight — the dollar's buying power went up, and as a result, the prices of goods went down.\u003C\u002Fp>\u003Cul>\u003Cli>\u003Cp style=\"text-align: justify;\">\u003Cspan style=\"font-weight: 700;\">Bimetallism\u003C\u002Fspan> was suggested as a way to fix this problem, because Bimetallism vs Gold Standard supporters asked for the return of the 16:1 ratio, which they believed would suddenly make the money supply much bigger by using the newly found silver.\u003C\u002Fp>\u003C\u002Fli>\u003C\u002Ful>\u003Cdiv style=\"text-align: center\">\u003Cimg src=\"https:\u002F\u002Fcoin-identifier.com\u002Fgallery\u002Fnumismatic_news\u002F2025\u002Foctober\u002Fci_article_760_3.webp\" loading=\"lazy\" width=\"1792\" height=\"1024\" alt=\"Countries with a gold standard are highlighted in yellow, countries with a silver standard are highlighted in blue, countries with a bimetallic standard are highlighted in green.\" style=\"\">\u003C\u002Fdiv>\u003Ch3>\u003Cspan style=\"color: rgb(67, 67, 67);\">How Would Bimetallism Help the Economy?\u003C\u002Fspan>\u003C\u002Fh3>\u003Cp style=\"text-align: justify;\">The people who supported bimetallism believed that it would help the economy by solving the main problem of that time, which was the long-term deflation and the lack of available money.\u003C\u002Fp>\u003Cp style=\"text-align: justify;\">Bimetallism was supposed to:\u003C\u002Fp>\u003Col>\u003Cli>\u003Cp style=\"text-align: justify;\">\u003Cspan style=\"font-weight: 700;\">Increase the Money Supply:\u003C\u002Fspan> More silver going into the system would make the money rules less strict.\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp style=\"text-align: justify;\">\u003Cspan style=\"font-weight: 700;\">Cause Inflation:\u003C\u002Fspan> This would make the prices of goods go up, which would make farming more profitable and make the economy more active.\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp style=\"text-align: justify;\">\u003Cspan style=\"font-weight: 700;\">Make Debt Easier:\u003C\u002Fspan> This was the main reason for the support, because inflation makes the real value of fixed debts go down.\u003C\u002Fp>\u003C\u002Fli>\u003C\u002Fol>\u003Ch2 id=\"content3\" class=\"anchor-scroll-margin\">Farmers and the Call for Free Silver\u003C\u002Fh2>\u003Ch3>\u003Cspan style=\"color: rgb(67, 67, 67);\">The Problem of Debt and Falling Prices\u003C\u002Fspan>\u003C\u002Fh3>\u003Cp style=\"text-align: justify;\">The most important group that strongly supported bimetallism was the \u003Cspan style=\"font-weight: 700; font-style: italic;\">farmers \u003C\u002Fspan>in the South and West. \u003C\u002Fp>\u003Cp style=\"text-align: justify;\">In the Gilded Age, American farming had a serious crisis, even though people around the world wanted more food. There were many reasons, such as making too much food, new machines that made more crops like steel plows, and competition from other countries.\u003C\u002Fp>\u003Cul>\u003Cli>\u003Cp style=\"text-align: justify;\">The biggest problem for farmers was \u003Cspan style=\"font-weight: 700;\">debt\u003C\u002Fspan>, because they had to borrow money from banks in the East to buy land, machines, and seeds. \u003C\u002Fp>\u003C\u002Fli>\u003C\u002Ful>\u003Cp style=\"text-align: justify;\">For example, if a farmer borrowed when a bushel of wheat cost one dollar in 1870, by 1890, when the bushel cost 50 cents, the farmer had to sell 2000 bushels, not 1000, to pay back the same debt.\u003C\u002Fp>\u003Cp style=\"text-align: justify;\">Because of deflation, every dollar the farmer earned was worth more than the dollar he borrowed, which meant that the farmers were really paying back much more to the people who lent them money than they had borrowed in the first place.\u003C\u002Fp>\u003Ch3>\u003Cspan style=\"color: rgb(67, 67, 67);\">How Bimetallism Would Help Farmers\u003C\u002Fspan>\u003C\u002Fh3>\u003Cp style=\"text-align: justify;\">Farmers believed that returning to \u003Cspan style=\"font-style: italic;\">free silver\u003C\u002Fspan> would give them quick and noticeable help:\u003C\u002Fp>\u003Col>\u003Cli>\u003Cp style=\"text-align: justify;\">\u003Cspan style=\"font-weight: 700;\">Higher Prices for Crops:\u003C\u002Fspan> A bigger money supply would cause inflation, and this would raise the prices for wheat, cotton, and corn — farmers would get more dollars for their products.\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp style=\"text-align: justify;\">\u003Cspan style=\"font-weight: 700;\">Easier Debt Repayment:\u003C\u002Fspan> Because the debts were a fixed number of dollars, the higher crop prices would let them pay off the debt by selling fewer of their goods, which would mean that the dollar's value went down, making the burden of the debt lighter.\u003C\u002Fp>\u003C\u002Fli>\u003C\u002Fol>\u003Cp style=\"text-align: justify;\">For the farmers and the new Populist Movement, bimetallism APUSH definition was not only about money rules; it was a moral demand for fairness against what they believed was unfair treatment by the rich financial people in the East.\u003C\u002Fp>\u003Cdiv style=\"text-align: center\">\u003Cimg src=\"https:\u002F\u002Fcoin-identifier.com\u002Fgallery\u002Fnumismatic_news\u002F2025\u002Foctober\u002Fci_article_760_4.webp\" loading=\"lazy\" width=\"1792\" height=\"1024\" alt=\"$10,000 Gold Certificate, Series 1934, depicting Salmon P. Chase, with signatures of W.A. Julian, and Henry Morgenthau, Jr.\" style=\"\">\u003C\u002Fdiv>\u003Ch2 id=\"content4\" class=\"anchor-scroll-margin\">Defeat and the Gold Standard Act of 1900\u003C\u002Fh2>\u003Cp style=\"text-align: justify;\">In the end, McKinley won the election, which ended the \"free silver\" movement. This defeat happened because production workers and people in the Northeastern states voted for the stability of the gold standard.\u003C\u002Fp>\u003Cp style=\"text-align: justify;\">McKinley's win was made official by the \u003Cspan style=\"font-weight: 700;\">Gold Standard Act of 1900\u003C\u002Fspan>, which officially made gold the only thing backing the US dollar. \u003C\u002Fp>\u003Cp style=\"text-align: justify;\">Although new gold discoveries and better mining methods later increased the world's gold supply, and the resulting inflation helped the farmers, bimetallism US history definition as a political goal was finished forever.\u003C\u002Fp>\u003Ch2 id=\"content5\" class=\"anchor-scroll-margin\">FAQ\u003C\u002Fh2>\u003Cdiv class=\"faq\">\u003Cdetails class=\"faq__item\" itemscope=\"\" itemprop=\"mainEntity\" itemtype=\"https:\u002F\u002Fschema.org\u002FQuestion\">\u003Csummary class=\"faq__summary\">\u003Ch3 itemprop=\"name\">What was bimetallism?\u003C\u002Fh3>\u003C\u002Fsummary>\u003Cdiv class=\"faq__content\" itemscope=\"\" itemprop=\"acceptedAnswer\" itemtype=\"https:\u002F\u002Fschema.org\u002FAnswer\">\u003Cp itemprop=\"text\">A monetary system where the government simultaneously used both gold and silver as legal currency at a specific, fixed exchange ratio like 16:1.\u003C\u002Fp>\u003C\u002Fdiv>\u003C\u002Fdetails>\u003Cdetails class=\"faq__item\" itemscope=\"\" itemprop=\"mainEntity\" itemtype=\"https:\u002F\u002Fschema.org\u002FQuestion\">\u003Csummary class=\"faq__summary\">\u003Ch3 itemprop=\"name\">What group supported bimetallism?\u003C\u002Fh3>\u003C\u002Fsummary>\u003Cdiv class=\"faq__content\" itemscope=\"\" itemprop=\"acceptedAnswer\" itemtype=\"https:\u002F\u002Fschema.org\u002FAnswer\">\u003Cp itemprop=\"text\">Primarily farmers from the South and West, along with other debtors. Their political voice was the Populist Movement.\u003C\u002Fp>\u003C\u002Fdiv>\u003C\u002Fdetails>\u003Cdetails class=\"faq__item\" itemscope=\"\" itemprop=\"mainEntity\" itemtype=\"https:\u002F\u002Fschema.org\u002FQuestion\">\u003Csummary class=\"faq__summary\">\u003Ch3 itemprop=\"name\">Why did farmers support bimetallism?\u003C\u002Fh3>\u003C\u002Fsummary>\u003Cdiv class=\"faq__content\" itemscope=\"\" itemprop=\"acceptedAnswer\" itemtype=\"https:\u002F\u002Fschema.org\u002FAnswer\">\u003Cp itemprop=\"text\">They sought to reverse severe deflation, lowered the prices of their crops.\u003C\u002Fp>\u003C\u002Fdiv>\u003C\u002Fdetails>\u003Cdetails class=\"faq__item\" itemscope=\"\" itemprop=\"mainEntity\" itemtype=\"https:\u002F\u002Fschema.org\u002FQuestion\">\u003Csummary class=\"faq__summary\">\u003Ch3 itemprop=\"name\">How would bimetallism benefit farmers?\u003C\u002Fh3>\u003C\u002Fsummary>\u003Cdiv class=\"faq__content\" itemscope=\"\" itemprop=\"acceptedAnswer\" itemtype=\"https:\u002F\u002Fschema.org\u002FAnswer\">\u003Cp itemprop=\"text\">Introducing \"free silver\" would cause inflation, which would increase crop prices and make it significantly easier for them to pay off their fixed debts with cheaper dollars.\u003C\u002Fp>\u003C\u002Fdiv>\u003C\u002Fdetails>\u003Cdetails class=\"faq__item\" itemscope=\"\" itemprop=\"mainEntity\" itemtype=\"https:\u002F\u002Fschema.org\u002FQuestion\">\u003Csummary class=\"faq__summary\">\u003Ch3 itemprop=\"name\">How does bimetallism help the economy?\u003C\u002Fh3>\u003C\u002Fsummary>\u003Cdiv class=\"faq__content\" itemscope=\"\" itemprop=\"acceptedAnswer\" itemtype=\"https:\u002F\u002Fschema.org\u002FAnswer\">\u003Cp itemprop=\"text\">People believed that this would dramatically increase the money supply, end deflation, and stimulate the economy — that is, encourage spending and production through moderate inflation.\u003C\u002Fp>\u003C\u002Fdiv>\u003C\u002Fdetails>\u003C\u002Fdiv>\u003Cp>\u003Cbr>\u003C\u002Fp>\u003Ch4>Related Coin Value Guides\u003C\u002Fh4>\u003Cul class=\"related\">\u003Cli class=\"related__item\">\u003Ca href=\"https:\u002F\u002Fcoin-identifier.com\u002Fblog\u002Fcoins-overview\u002F1945-nickel-value\">1945 War Nickel Coin Value\u003C\u002Fa>\u003C\u002Fli>\u003Cli class=\"related__item\">\u003Ca href=\"https:\u002F\u002Fcoin-identifier.com\u002Fblog\u002Fcoins-overview\u002F1952-half-dollar-value\">1952 Half Dollar Silver Melt Value\u003C\u002Fa>\u003C\u002Fli>\u003Cli class=\"related__item\">\u003Ca href=\"https:\u002F\u002Fcoin-identifier.com\u002Fblog\u002Fcoins-overview\u002F1976-bicentennial-silver-dollar-value\">1976 Silver Dollar Coin Value\u003C\u002Fa>\u003C\u002Fli>\u003Cli class=\"related__item\">\u003Ca href=\"https:\u002F\u002Fcoin-identifier.com\u002Fblog\u002Fcoins-overview\u002Famerican-silver-eagle-coins\">2024 Silver Eagle Coin Value\u003C\u002Fa>\u003C\u002Fli>\u003Cli class=\"related__item\">\u003Ca href=\"https:\u002F\u002Fcoin-identifier.com\u002Fblog\u002Fhistorical-coin-profiles\u002F1942-walking-liberty-half-dollar-value\">1942 Half Dollars​ Coin Value\u003C\u002Fa>\u003C\u002Fli>\u003Cli class=\"related__item\">\u003Ca href=\"https:\u002F\u002Fcoin-identifier.com\u002Fblog\u002Fhistorical-coin-profiles\u002Fmorgan-dollars-through-the-years-the-story-and-mintages\">Morgan Dollars Coin Value\u003C\u002Fa>\u003C\u002Fli>\u003C\u002Ful>",9,"","what-is-bimetallism",{"current_page":330,"list":331,"total_pages":397},1,[332,340,347,354,361,362,368,375,382,390],{"header":333,"card_img":334,"publish_date":327,"short":335,"url":336,"category_url":311,"category_name":310,"time_to_read":337,"type":338,"created":339},"What Was the Free Coinage of Silver?","\u002Fgallery\u002Fnumismatic_news\u002F2025\u002Fdecember\u002Fci_article_main_1198.webp","For those studying US monetary history or examining rare finds through a coin checker free, the topic of the free coinage of silver always raises questions. It's not a narrow numismatic concept, but an entire political and economic conflict that shaped the course of the American monetary system in the late 19th century.","free-coinage-of-silver",4,"article","2025-12-15T14:20:24Z",{"header":341,"card_img":342,"publish_date":327,"short":343,"url":344,"category_url":311,"category_name":310,"time_to_read":345,"type":338,"created":346},"When Did They Stop Making Silver Quarters?","\u002Fgallery\u002Fnumismatic_news\u002F2025\u002Fdecember\u002Fci_article_main_1197.webp","Collectors often end up wondering what a coin is actually made of and whether it’s genuine, and white-metal quarters tend to raise those questions more than most.","when-did-they-stop-making-silver-quarters",6,"2025-12-15T13:27:19Z",{"header":348,"card_img":349,"publish_date":327,"short":350,"url":351,"category_url":311,"category_name":310,"time_to_read":352,"type":338,"created":353},"Is the U.S. Penny Being Discontinued?","\u002Fgallery\u002Fnumismatic_news\u002F2025\u002Fdecember\u002Fci_article_main_1173.webp","BREAKING: After more than a century in American pockets, the penny has officially been discontinued. The U.S. Mint halted production of circulating cents in late 2025, so nationwide questions arose: Are pennies going away? ","are-pennies-going-away",10,"2025-12-13T00:07:33Z",{"header":355,"card_img":356,"publish_date":327,"short":357,"url":358,"category_url":311,"category_name":310,"time_to_read":359,"type":338,"created":360},"Is There a Coin Shortage in the United States?","\u002Fgallery\u002Fnumismatic_news\u002F2025\u002Fdecember\u002Fci_article_main_1174.webp","Change is often treated with a certain disdain. Coins are forgotten in self-service machines, dropped off at banks, and lost in sofas. But the pandemic has demonstrated that minted units are a real infrastructure for retail transactions. When the usual cash flows were cut off, talk of a piece shortage began across the country.","coin-shortage",8,"2025-12-10T13:47:58Z",{"header":319,"card_img":317,"publish_date":323,"short":324,"url":328,"category_url":311,"category_name":310,"time_to_read":326,"created":318},{"header":363,"card_img":364,"publish_date":323,"short":365,"url":366,"category_url":311,"category_name":310,"time_to_read":352,"created":367},"Sherman Silver Purchase Act: Definition, History & Repeal","\u002Fgallery\u002Fnumismatic_news\u002F2025\u002Foctober\u002Fci_article_759_1.webp","The definition of Sherman Silver Purchase Act is the main topic of financial and political conversations in the United States from the 1870s to the 1890s — because this law was an attempt to solve the silver problem and find a political agreement between powerful groups such as silver miners and farmers who had debts and wanted more money.","sherman-silver-purchase-act","2025-10-11T07:29:16Z",{"header":369,"card_img":370,"publish_date":371,"short":372,"url":373,"category_url":311,"category_name":310,"time_to_read":326,"created":374},"Is the US Penny Being Discontinued? 2025 Updates & History","\u002Fgallery\u002Fnumismatic_news\u002F2025\u002Foctober\u002Fci_article_741_1.webp","2025\u002F10\u002F10","Pennies are perhaps the smallest denomination, but by no means ordinary. This denomination is encountered across continents, generations, and countries. Penny is a legendary denomination, but will it always stay with us? That is the question.","penny-discontinued","2025-10-11T02:41:51Z",{"header":376,"card_img":377,"publish_date":378,"short":379,"url":380,"category_url":311,"category_name":310,"time_to_read":352,"created":381},"Silver Price Predictions 2030: How High Could It Go?","\u002Fgallery\u002Fnumismatic_news\u002F2025\u002FJune\u002Fci_article_501_1.webp","2025\u002F06\u002F17","Silver coins are among the most desirable numismatic creations that may captivate the attention thanks to their composition alone. Although it is the appearance that usually boosts the worth of any coin, the influence of precious metals is undeniable, especially when combined with special attributes like minting errors or unique designations.","silver-price-prediction-2030","2025-06-19T06:42:03Z",{"header":383,"card_img":384,"publish_date":385,"short":386,"url":387,"category_url":311,"category_name":310,"time_to_read":388,"type":338,"created":389},"Who Is on the 20 Dollar Bill?","\u002Fgallery\u002Fnumismatic_news\u002F2026\u002Fapril\u002Fci_en_article_main_355.webp","2026\u002F05\u002F02","The American $20 is a global heavyweight.","who-is-on-the-20-dollar-bill",7,"2025-03-25T01:41:31Z",{"header":391,"card_img":392,"publish_date":393,"short":394,"url":395,"category_url":311,"category_name":310,"time_to_read":326,"type":338,"created":396},"From the Abyss: The Numismatic Tales of SS Central America","\u002Fgallery\u002Fnumismatic_news\u002F2025\u002Fnovember\u002Fci_article_main_155.webp","2024\u002F10\u002F26","The story of the SS Central America also known as the “ship with gold” is one of the most legendary stories in the world of shipwrecks and numismatics. In September 1857, SS Central America location was determined by the shores of North Carolina, where the ship was caught in a storm and sank, taking with it the lives of more than 400 passengers and thousands of kilograms of gold.","from-the-abyss-the-numismatic-tales-of-ss-central-america","2024-10-26T17:05:23Z",3]