Description
In God We Trust—All Others Pay Cash!
During the bloody carnage of America’s Civil War, there was a move afoot at the United States Treasury Department to make sure the motto “In God We Trust” was added to America’s coins. Some people interpreted it as a nod to finding purpose in the sacrifice of so many at the Altar of Freedom. For others, it was the Federal Government’s way of saying that God was on the Union side. Whatever the real reason, when the motto was added to coins it did not escape the eagle-eyed notice of Americans, prompting someone to quip: “In God We Trust—all others pay cash!”
Gold Coins That Fueled The Nation’s Economy During The 1800s
These coins were cold hard cash for many Americans. The $5 Gold Liberty series was first struck in 1839, and from the moment these coins first entered circulation, they served to fuel of business across the country. This workhorse coin of commerce had the perfect balance of its time—a large enough denomination for most day-to-day transactions, yet small enough for merchants to easily make change. Imagine a coin with the same ubiquity and utility as today’s $20 bill, and you pretty much get the idea!
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