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During 1800-1820 in the United States, the primary forms of money included gold and silver coins, known as hard currency, which were used for everyday transactions. Additionally, paper money issued by state-chartered banks began to circulate, although it was often seen as less reliable. The lack of a standardized national currency resulted in a patchwork of banknotes, leading to varying degrees of acceptance and trust among the public. Barter also remained common in rural areas where cash was scarce.

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