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Moneys of the United States

Gold coins of the United States are receivable for duties at their nominal value, in unlimited sums, provided the loss of weight by abrasion, or ordinary wear does not exceed one half of one per centum in twenty years, or in that proportion for shorter period of circulation.

Silver dollars of the United States, other than trade dollars, are receiveable for duties, at their nominal value, in unlimited sums. Silver half-dollars, quarter-dollars, dimes, and half-dimes are receiveable for duties in sums not exceeding ten dollars in any one payment. United States demand notes, United States Treasury notes, and certificates of deposit of gold coin and bullion and of standard silver dollars of the United States are receivable for duties at their nominal value in unlimited amounts. Debenture certificates for payment of drawback, which may have been issued according to law, shall be received in payment of duties at the custom house at which they were issued.

When the total amount of dues, in any one payment, cannot be paid entirely in the proper legal-tender coin, currency, or certificates of denomination of one dollar or greater, such fractional part may be paid in silver coins of denominations not less than one dollar, or when the total amount of such dues does not exceed $10, such total amount may be paid in silver coins of denominations not less than $1. The minor coins of the United States shall be a legal tender at their nominal value for any amount not exceeding 25 cents in any one payment. At the port of New York duties may be paid by certified drafts upon coin previously deposited in the treasury. The treasurer and assistant-treasurers of the United States, and all public and national bank depositories will receive, for credit in account, all silver or minor coins of the United States, not mutilated, which have been received by a public officer in the usual course of business and are offered by him for deposit. No distinction will be made on account of the date of the coinage or denomination of any silver or minor coins. The circulating notes of national banks are receivable, at their nominal values, for all payments other than duties on imports, and the fractional currency notes of the United States are receivable for all payments, other than customs, when offered in sums not exceeding five dollars.

Payments of gold should be weighed by single pieces, if in bulk, coins must be separately examined and tested, as far as necessary; $1 pieces must be separated from larger coins and weighed apart, and the weighing in bulk must be done by amounts in $10, $100 or $1,000, or multiples thereof. In weighing coins, the ounce troy and the decimals thereof are to be used.

The standard weight and the least current weight of certain specified sums, in gold coins above the dollar, are as follows: $100 $500 $1,000. $5,000.

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