Coinage Act of 1853
E11131
The Coinage Act of 1853 was a U.S. law that significantly reduced the silver content of small-denomination coins to keep them in circulation and effectively moved the country closer to a de facto gold standard.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Coinage Act of 1853 canonical | 3 |
How this entity was disambiguated
This entity first appeared as the object of triple T94402 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Coinage Act of 1853 Context triple: [Coinage Act of 1834, followedBy, Coinage Act of 1853]
-
A.
Coinage Act of 1849
The Coinage Act of 1849 was a United States law that authorized the minting of gold dollar and double eagle ($20) coins, expanding the nation’s gold coinage during the California Gold Rush era.
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B.
Coinage Act of 1792
The Coinage Act of 1792 was a foundational United States law that created the national mint system and defined the country’s monetary structure, including its standard units, metal content, and coin denominations.
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C.
Coinage Act of 1834
The Coinage Act of 1834 was a U.S. law that significantly altered the gold-to-silver ratio and the gold content of coins, helping to stabilize the currency and encourage the circulation of gold.
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D.
Second Bank of the United States
The Second Bank of the United States was a federally chartered national bank (1816–1836) that became a central focus of early American financial policy and political conflict, particularly during Andrew Jackson’s presidency.
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E.
Treasury Act of 1789
The Treasury Act of 1789 was a foundational U.S. law that created the Department of the Treasury and established the federal government's core financial and fiscal administration.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Coinage Act of 1853 Target entity description: The Coinage Act of 1853 was a U.S. law that significantly reduced the silver content of small-denomination coins to keep them in circulation and effectively moved the country closer to a de facto gold standard.
-
A.
Coinage Act of 1849
The Coinage Act of 1849 was a United States law that authorized the minting of gold dollar and double eagle ($20) coins, expanding the nation’s gold coinage during the California Gold Rush era.
-
B.
Coinage Act of 1792
The Coinage Act of 1792 was a foundational United States law that created the national mint system and defined the country’s monetary structure, including its standard units, metal content, and coin denominations.
-
C.
Coinage Act of 1834
The Coinage Act of 1834 was a U.S. law that significantly altered the gold-to-silver ratio and the gold content of coins, helping to stabilize the currency and encourage the circulation of gold.
-
D.
Second Bank of the United States
The Second Bank of the United States was a federally chartered national bank (1816–1836) that became a central focus of early American financial policy and political conflict, particularly during Andrew Jackson’s presidency.
-
E.
Treasury Act of 1789
The Treasury Act of 1789 was a foundational U.S. law that created the Department of the Treasury and established the federal government's core financial and fiscal administration.
- F. None of above. chosen
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf | United States federal statute ⓘ |
| amends | Coinage Act of 1792 ⓘ |
| appliesTo |
US dollar
ⓘ
surface form:
United States dollar
United States silver coins under one dollar ⓘ |
| changedSilverContentOf |
dime
ⓘ
half dime ⓘ half dollar ⓘ quarter dollar ⓘ |
| classification |
19th-century economic legislation
ⓘ
United States federal law ⓘ
surface form:
United States monetary law
|
| country |
United States of America
ⓘ
surface form:
United States
|
| dateEnacted | 1853-02-21 ⓘ |
| economicImpact |
helped restore availability of small change in everyday transactions
ⓘ
reduced incentives to hoard or export small silver coins ⓘ |
| effect |
created a fiduciary subsidiary silver coinage
ⓘ
discouraged melting and export of small silver coins ⓘ moved the United States toward a de facto gold standard ⓘ reduced the intrinsic value of subsidiary silver coins ⓘ |
| historicalContext | enacted during a period of gold inflows from the California Gold Rush ⓘ |
| introduced | new weight standards for subsidiary silver coins ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
United States federal government
|
| languageOfDocument | English ⓘ |
| legalTenderLimit | subsidiary silver coins legal tender only up to 5 dollars ⓘ |
| legislature | United States Congress ⓘ |
| monetaryStandardImpact | strengthened the role of gold as the primary monetary standard in the United States ⓘ |
| monetarySystem | bimetallic standard with gold dominance ⓘ |
| policyChange |
limited legal tender status of subsidiary silver coins
ⓘ
maintained full silver content for the silver dollar ⓘ reduced silver content of subsidiary coins to below their face value ⓘ |
| precedes | Coinage Act of 1873 ⓘ |
| presidentDuringEnactment | Franklin Pierce ⓘ |
| purpose |
to keep small-denomination silver coins in circulation
ⓘ
to reduce the silver content of small-denomination coins ⓘ |
| reason |
to address disappearance of silver coins from circulation
ⓘ
to correct the overvaluation of silver at the legal mint ratio ⓘ |
| regulates |
United States silver coinage
ⓘ
subsidiary coinage ⓘ |
| relatedTo |
California Gold Rush
ⓘ
United States Mint ⓘ |
| signedBy | Franklin Pierce ⓘ |
| subject |
bimetallism
ⓘ
coinage ⓘ gold standard ⓘ monetary policy ⓘ |
| typeOfCoinageReform | subsidiary silver coinage reform ⓘ |
| yearEnacted | 1853 ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Coinage Act of 1853 Description of subject: The Coinage Act of 1853 was a U.S. law that significantly reduced the silver content of small-denomination coins to keep them in circulation and effectively moved the country closer to a de facto gold standard.
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.