On this day: January 1

POSTED: 01:21 PM PST Dec 31, 2012    UPDATED: 11:00 PM PST Dec 31, 2012 

Lincoln signs the Emancipation Proclamation, Ellis Island opens, the Rose Bowl becomes the first college bowl game, Hank Williams dies, and the Y2K panic fizzles out, all on this day.

OTD January 1 - euro
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European Union

1999: The euro is officially introduced as an accounting currency, replacing the former European Currency Unit at a ratio of 1:1. However, actual physical euro coins and banknotes wouldn't enter circulation until three years later, on Jan. 1, 2002.

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