Chapter CXXIV. *to provide for the Redemption of Copper and other Token Coins*
162 words·~1 min read·
/statutes-at-large/vol-16/chapter-cxxiv-2512133·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CHAP. CXXIV.— An Act *to provide for the Redemption of Copper and other Token Coins*. March 3, 1871. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, All copper and base-metal coinage to be redeemed in sums of not less than twenty dollars. That the Secretary of the Treasury is hereby authorized and required to redeem in lawful money, under such rides and regulations as he may from time to time prescribe, all copper, bronze, copper-nickel, and base-metal coinage of every kind heretofore authorized by law, when presented in sums of not less than twenty Such coinage may be discontinued when, &cdollars; and whenever under this authority these coins are presented for redemption in such quantity as to show the amount outstanding to be redundant, the Secretary of the Treasury is authorized to discontinue or diminish the manufacture and issue of such coinage until otherwise ordered by him.
Approved, March 3, 1871.