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Dollar sign gold chain and nipples - Illustration

Stock Illustration: 2971552
Vector Image

Includes Large JPEG*

858.49 KB
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* Every vector illustration comes as both a scalable EPS file and as a large RGB JPEG file (min. 1900 x 2800 px).

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Description

Dollar sign gold chain and nipples ai8 eps, aiCS2 and 300dpi jpg included in the bundle.

The word "dollars" is one of the words in the first paragraph of Section 9 of Article 1 of the U.S. Constitution. In that context, "dollars" is a reference to the Spanish milled dollar, a coin that had a monetary value of 8 Spanish units of currency, or reales. In 1792 the U.S. Congress adopted legislation titled An act establishing a mint, and regulating the Coins of the United States. Section 9 of that act authorized the production of various coins, including "DOLLARS OR UNITS—each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver". Section 20 of the act provided, "That the money of account of the United States shall be expressed in dollars, or units... and that all accounts in the public offices and all proceedings in the courts of the United States shall be kept and had in conformity to this regulation". In other words, this act designated the United States dollar as the unit of currency of the United States.
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