Republican (fascist/socialist) President Reagan signs the Gold Bullion Coin Act, authorizing the minting of five, ten, 25 and 50 Dollar denominated gold Coins (lawful Money).
NOTE: These Coins are intended only for collection, not circulation as their intrinsic value is two to three-hundred times their face value.
[added 9/5/2025] Thanks to Freedoms Phoenix for this entry.
Subsequent Events:
Authority:
Article I, Section 8 [Clause 5]
ccc-2point0.com/constitution-for-the-united-states
References:
Legal Tender Gold: Face Value or Intrinsic Value? by Kevin Brekke
www.lewrockwell.com/orig12/brekke2.1.1.html
Gold Bullion Coin Act of 1985 – Wikipedia
en.wikipedia.org/wiki/Gold_Bullion_Coin_Act_of_1985
Current U.s. National Debt:
