Historical Statistics of the United States Millennial Edition Online
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Home > Part C - Economic Structure and Performance > Chapter Cj - Financial Markets and Institutions > Table Group Cj108-141 - Monetary Policy
 
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Michael D. Bordo
Table Cj108-112 - U.S. monetary standards-official value of the dollar: 1792-1973

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  Cj108 Cj1091 Cj110 Cj111 Cj1121
  Official value of U.S. dollar in fine grains U.S. Mint ratio Official U.S. dollar price of fine troy ounce
Gold Silver Gold Silver
Row Year Fine grains Fine grains Ratio Dollars Dollars
1 1792 24.75 371.25 15.00 19.39 1.29
2 1834 23.20 371.25 16.00 20.69 1.29
3 1837 23.22 371.25 15.98 20.67 1.29
4 1879 2 23.22 ---- ---- 20.67 ----
5 1913 23.22 ---- ---- 20.67 ----
6 1934 13.71 ---- 3 ---- 35.00 ---- 3
7 1972 12.63 ---- ---- 38.00 ----
8 1973 11.37 ---- ---- 42.22 ----



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