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From Silver to Cocaine.Pdf
Carlos Marichal, “The Spanish American Silver Peso: Export Commodity and Global Money of the Ancien Regime (16th-18th centuries” ) draft of essay published in Steven Topik, Carlos Marichal and Zephyr Frank titled Latin American Commodity Chains and the Building of Global Economy, (XVI-XXth Centuries), Duke University Press, 2006, pp. 25-52. The Spanish American Silver Peso: Export Commodity and Global Money of the Ancien Regime (16th-18th centuries) Carlos Marichal The legacy of the monetary regime of the Spanish empire is not only an important chapter in world economic history but also key to an understanding of premodern monetary systems. The international diffusion of the Spanish American silver peso between the sixteenth and eighteenth centuries transformed it into what could be termed as an almost universal, metallic money. The reasons for the global trade and circulation of this commodity money can be explained by the dynamics of supply and demand. On the supply side, the silver mines of Spanish America were the richest in the world and allowed for a voluminous and rising production of high-value bars and coins for several centuries. On the demand side, it is clear that silver (and gold) were long the most highly valued money commodities in ancien regime societies and economies since metallic currencies tended to be dominant as medium of exchange in a large range of transactions. In this regard, analysis of the extraordinary historical and geographical trajectories of the silver peso in the Americas, Europe, the Mideast and Asia between the sixteenth and early nineteenth centuries can elucidate important aspects of premodern processes of globalization. -
Coinage Act, 1873 [United States]
Volume II The Heyday of the Gold Standard, 1820-1930 1873 February 12 Coinage Act, 1873, United States: “An Act revising and amending the Laws relative to the Mints, Assay, offices, and Coinage of the United States.” With the passage of this Act, the US Congress demonetised silver and established its participation in the international gold standard. This effectively ended the official bimetallism that had existed in the United States since 1792 and demonetised silver. Initially, the consequences were limited as silver had been undervalued at the old 15:1 ratio; however, as demand for gold rose, a return to silver became increasingly attractive to those who suffered from the subsequent deflation—primarily farmers who witnessed dramatic reductions in commodity prices. Those who blamed the deflation for their financial woes came to refer to the Coinage Act as the ‘Crime of 1873’. ——— Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the mint of the United States is hereby established as a bureau of the Treasury Department, embracing in its organization and under its control all mints for the manufacture of com, and all assay offices for the stamping of bars, which are now, or which may be hereafter, authorized by law. The chief officer of the said bureau shall be denominated the director of the mint, and shall be under the general direction of the Secretary of the Treasury. He shall be appointed by the President, by and with the advice and consent of the Senate, and shall hold his office for the term of five years, unless sooner removed by the President, upon reasons to be communicated by him to the Senate. -
How to Collect Coins a Fun, Useful, and Educational Guide to the Hobby
$4.95 Valuable Tips & Information! LITTLETON’S HOW TO CCOLLECTOLLECT CCOINSOINS ✓ Find the answers to the top 8 questions about coins! ✓ Are there any U.S. coin types you’ve never heard of? ✓ Learn about grading coins! ✓ Expand your coin collecting knowledge! ✓ Keep your coins in the best condition! ✓ Learn all about the different U.S. Mints and mint marks! WELCOME… Dear Collector, Coins reflect the culture and the times in which they were produced, and U.S. coins tell the story of America in a way that no other artifact can. Why? Because they have been used since the nation’s beginnings. Pathfinders and trendsetters – Benjamin Franklin, Robert E. Lee, Teddy Roosevelt, Marilyn Monroe – you, your parents and grandparents have all used coins. When you hold one in your hand, you’re holding a tangible link to the past. David M. Sundman, You can travel back to colonial America LCC President with a large cent, the Civil War with a two-cent piece, or to the beginning of America’s involvement in WWI with a Mercury dime. Every U.S. coin is an enduring legacy from our nation’s past! Have a plan for your collection When many collectors begin, they may want to collect everything, because all different coin types fascinate them. But, after gaining more knowledge and experience, they usually find that it’s good to have a plan and a focus for what they want to collect. Although there are various ways (pages 8 & 9 list a few), building a complete date and mint mark collection (such as Lincoln cents) is considered by many to be the ultimate achievement. -
Legislation Authorizing 2021 Morgan & Peace Silver Dollars to Benefit
FOR IMMEDIATE RELEASE: Tuesday, July 23, 2019 CONTACT: Deborah Muehleisen Telephone: 719-482-9871 E-mail: [email protected] Legislation Authorizing 2021 Morgan & Peace Silver Dollars to Benefit American Numismatic Association and the Hobby Collectors Urged to Contact Congressional Representatives for Support Coin collectors soon could purchase 2021-CC Morgan and Peace silver dollars that support the American Numismatic Association (ANA) and the hobby. Legislation was introduced on July 16 (H.R. 3757) to authorize production of 2021-dated dollar coins to mark the 1921 transition from the Morgan to the Peace designs. A combined maximum production of 500,000 proof and uncirculated Morgan and Peace dollars would be authorized under the 2021 Commemorative Silver Dollar Coin Act. An unspecified number of Morgan dollars could be struck with the “CC” mintmark at the former Carson City Mint, which now houses the Nevada State Museum. Sales of the two coins would include a surcharge of $10 per coin, 40 percent of which would be paid to the American Numismatic Association to help fund educational programs – after the U.S. Mint has recouped all of its production and associated costs. The National World War I Museum & Memorial in Kansas City also would receive 40 percent of all net surcharges, while the Nevada State Museum located in Carson City would receive 20 percent. The enabling legislation, jointly introduced in the House of Representatives by Emanuel Cleaver, (D-Mo.) and Andy Barr, (R-Ky.), requires 289 Congressional co-sponsors. This commemorative coin initiative is being led by Tom Uram, chairman of the Citizens Coinage Advisory Committee (CCAC), president of the Pennsylvania Association of Numismatists, and current ANA board member; and Mike Moran, noted author and researcher, and member of the CCAC since 2011. -
History of the United States Silver Dollar
Created by: Lane J. Brunner, Ph.D. Rod Gillis Numismatic Educator Mint Act of April 2, 1792 Philadelphia was only location Mint officials had to post $10,000 bond (Five times the Director’s annual salary!) First coins struck in 1793 Only copper cents and half-cents Congress lowered bond to $6,000 March 1794 silver dollars were struck Dies prepared in 1793 by Robert Scot An impression emblematic of Liberty Inscription of the word LIBERTY Year of coinage Representation of an eagle Inscribed UNITED STATES OF AMERICA No denomination HUNDRED CENTS ONE DOLLAR OR UNIT 1485/1664 silver and 179/1664 copper Fineness of 0.8924 Assayer Albion Cox complained Director David Rittenhouse allowed for higher fineness of 0.900 (illegal!) Depositors lost money on transaction Total of 2,000 pieces struck One pair of dies All struck in one day Net mintage of 1,758 120-130 surviving examples New obverse design after one year Design change corresponded with new Mint Director Henry William DeSaussure Matured Liberty Buxom Roman Matron Philadelphia socialite Ann Willing Bingham Reverse design slightly refined Still no denomination Dollar remained the flagship denomination Improved technology and quality Obverse design now with 13 stars Reverse was a heraldic eagle Iconography “blunder” Mint reports of dollars produced in 1804 Coins were struck in 1834 for diplomats Later restrikes in 1850’s All are unofficial “fantasy” pieces 15 known specimens In 1999 Childs specimen sold for $4.14 M No dollars produced since 1803 -
In Reaction to Rising Consumer Prices and New Basel III Banking
July 2021, Volume 27 Issue 7 Liberty Coin Service’s Monthly Review of Precious Metals and Numismatics June 29, 2021 In Reaction To Rising Consumer Prices And New Basel III Banking Regulations Taking Effect, US Government Suppresses Gold And Silver Prices! US Dollar Surges In Value Over 2021 Year To Date Results South Africa Rand -2.6% Past 34 Days Through June 28, 2021 Canada Dollar -3.3% Brazil Real -5.2% May 25, 2021-June 28, 2021 Precious Metals Palladium +9.9% U.S. Dollar Index 91.888 +2.22% Currency US $ Change vs Currency Platinum +4.2% US And World Stock Market Indices Sweden Krona +3.1% Silver -0.7% Russell 2000 +17.6% South Africa Rand +2.8% Gold -6.1% Standard & Poors 500 +14.2% New Zealand Dollar +2.7% Numismatics Frankfurt Xetra DAX +13.4% Euro +2.7% US MS-65 Morgan Dollar, Pre-1921 +32.3% NASDAQ +12.5% Denmark Krone +2.7% US MS-63 $20 St Gaudens +1.9% Dow Jones Industrial Average +12.0% US MS-63 $20 Liberty -1.6% Australia S&P/ASX 200 +10.9% Switzerland Franc +2.7% London FT 100 +9.5% Canada Dollar +2.5% US Dollar vs Foreign Currencies Dow Jones World (excluding US) +8.9% Australia Dollar +2.4% Argentina Peso +13.2% Sao Paulo Bovespa +7.1% Colombia Peso +8.2% Tokyo Nikkei 225 +5.8% India Rupee +2.0% Peru New Sol +7.3% Shanghai Composite ` +3.8% Great Britain Pound +1.9% Japan Yen +7.2% Thailand Baht +6.3% 10 Year US Treasury Note interest rate Thailand Baht +1.7% 1.49% +60.22% Switzerland Franc ` +4.0% Japan Yen +1.7% South Korea Won +3.9% Energy and Other Metals Peru New Sol +1.5% Sweden Krona +3.7% Molybdenum +94.8% Singapore -
Mid-January 2021
T H E Where Else? OIN EPOT MID-JANUARY 2021 C 116 PoinsettD Highway • Greenville, SC 29609 • 800-922-2441 • 864-242-1679 Jumping into January 2021 is already shaping up to be an interesting and historic year. We’ve put together many new offerings and incredible specials in this mailer— be sure to peruse over more than once! GOLD $1,900.00 | SILVER $26.00 | PLATINUM $1,050.00 VIEW OUR WEBSITE AT www.thecoindepot.net Feel Free to E-mail us your want list: [email protected] FEATURED COIN SPECIALS FOR MID-JANUARY 4-DIFFERENT MINTMARKED 1936 GETTYSBURG SEATED HALF DOLLARS COMMEMORATIVE HALF Fine UNCOMMON CENTS Premium Quality BU Get one each of the Seated Halves from Circ to PQBU This coin commemorates the famous all four mints used: Carson City, San Battle of Gettysburg, the United States Francisco, New Orleans and Philadel- Each lot will contain 12 different types bloodiest battle. phia. of U.S. Cents of U.S. Cents and will come housed in an old timey red draw- $ 00 string bag. $ 00EACH SET (4) 488 388 Coins are as follows: Large Cent (from 1800s) Copper Nickle Indian Cent (from 1860s) Indian Cent (from 1900s) 1909-VDB Lincoln “S” Mint Wheat Cent 1943 Steel Cent 1959 (1st year of Memorial Back) IXED ROOF All 4 varieties of the 2009 Cents M P (Honoring the 100th anniversary of the Lincoln cent) 1916-D LINCOLN CENT ROLLS 2017-P Cent (The only Lincoln to bear the “P” mint mark). MERCURY DIME Premium Quality BU Use some “Common Sense” and put About Good Each roll contains a great mix of 50 away some of our “Uncommon Cents” proof Lincoln Cents. -
Griffith Coin List
Griffith Coin List 1. 1847 large cent 2. 1848 large cent 3. 1904 Indian head cent 4. 1864 2¢ pc. 5. 1935 & 1938 Buffalo nickels, 2 coins 6. 1910 Liberty nickel 7. 1871 3¢ nickel 8. Liberty coin collection, 4 coins 9. Two Century nickel collection, 5 coins 10. 2005 Bison nickel collection, 4 coins 11. 100th Anniversary Denver mint, 3 coins 12. Thomas Jefferson coin collection, 4 coins 13. 1901 & 1906 Liberty nickels, 2 coins 14. 1906 S Barber dime 15. Barber, Mercury & Roosevelt dime collection, 3 coins 16. Mercury dimes: P, D & S mint, 3 coins 17. Mercury dimes, 4 18. Barber dimes: 1901, 1907, 1908 & 1910, 4 coins 19. 1941 Mercury dime 20. Roosevelt dimes: 1946 P, 1946 D & 1946 S, 3 coins 21. Roosevelt dimes: 1946, 1947 & 1948, 3 coins 22. Mercury dimes & Roosevelt dimes: 15 of each, 30 coins total 23. Barber coin collection, 3 coins 24. American quarters: Barber 1898, Standing Liberty 1928 & Washington 2000 25. 200th Anniversary Abraham Lincoln, 3 coins 26. Standing Liberty quarters, 3 27. 2001 Washington quarter, plated 28. 2004 Washington quarter, Wisconsin 29. 1901 Barber quarter 30. 1914 Barber quarter 31. 1915 D Barber quarter 32. Liberty coin collection, 3 coins 33. 1943 WWII coin collection, 5 coins 34. Barber coin collection, O mint, 3 coins 35. 19th Century coin collection, 5 coins 36. American Classic coins: 1912, 1916, 1945, 1916 & 1958, 5 coins 37. Veterans WWI coin & stamp collection, 5 coins 38. 1945 P WWII coin collection, 5 coins 39. 1918 Liberty ½ dollar 40. 1927 S Liberty ½ dollar 41. -
In 2018, Gold and Silver Prices Poised to Rise Against Unstable US Dollar!
January 2018, Volume 24 Issue 1 Liberty Coin Service’s Monthly Review of Precious Metals and Numismatics January 10, 2018 In 2018, Gold And Silver Prices Poised To Rise Against Unstable US Dollar! Gold’s 2017 Performance 2017 Annual Results Malaysia Ringgit -9.5% Israel Shekel -9.6% Versus Selected Currencies Precious Metals South Africa Rand -9.8% Palladium +58.4% Sweden Krona -10.2% Currency 2017 Gold Price Change Gold +13.6% Argentine Peso +33.0% South Korea Won -11.7% Silver +7.4% Denmark Krone -12.2% Brazil Real +15.6% Platinum +3.7% Euro -12.4% Philippines Peso +14.7% Numismatics U.S. Dollar Index 92.22 -9.84% Hong Kong Dollar +14.4% US MS-63 $20 St Gaudens +9.8% US Dollar +13.6% US MS-63 $20 Liberty +6.4% US And World Stock Market Indices LCS US Currency Index +5.1% NASDAQ +28.2% Indonesia Rupiah +13.1% LCS Collector Key Date Coin Index -0.5% Sao Paulo Bovespa +26.9% Colombia Peso +12.9% LCS Investor Rare Coins Index -1.1% Dow Jones Industrial Average +25.1% New Zealand Dollar +10.1% LCS Collector Generic Coins Index -1.6% Dow Jones World (excluding US) +24.6% Peru New Sol +9.7% US Silver Proof Sets, 1950-1968 -1.7% S&P 500 +19.4% Japan Yen +9.4% LCS Invest Blue Chip Coins Index -2.1% Nikkei 225 +19.1% US Proof Sets, 1968-1998 -4.3% Russell 2000 +13.1% Switzerland Franc +8.6% US MS-65 Morgan Dollar, Pre-1921 -8.5% Frankfurt Xetra DAX +12.5% Mexico Peso +7.8% US Proof Silver Eagles, 1986-1998 -25.2% London FT 100 +7.6% Australia S&P/ASX 200 +7.1% Russia Ruble +6.9% US Dollar vs Foreign Currencies Shanghai Composite +6.6% India Rupee -
Final Catalog
Coin Auction Lot Qty Description 1 1 Group of 11 Mercury Dimes 3-1916 6-1917 2-1918 2 1 Group of 13 Mercury Dimes - 1920 Group of 11 Mercury Dimes 3 - 1923 ,4 - 1924 ,4 - 1926 3 1 Group of 11 Mercury Dimes 8 -1927 ,2-1928,1-1929 4 1 Group of 12 Mercury Dimes 6 -1934 ,6-1935 5 1 6 1 Group of 12 Mercury Dimes 12 - 1935 Group of 12 Mercury Dimes 2 - 1935 (1 is a 1935 D) 7 1 10 -1936 8 1 Group of 15 Mercury Dimes 3 - 1935 , 12 - 1936 Group of 11 Mercury Dimes 3 - 1936 (one is 1936D) 9 1 8 - 1937 10 1 Group of 12 Mercury Dimes - 1936 11 1 Group of 12 Mercury Dimes - 1937 one with hole 12 1 Group of 11 Mercury Dimes 1 - 1937 , 2 - 1937D, 4 - 1937s, 4 - 1938 13 1 Mercury Dime - 1938 Possibly MS65 14 1 Group of 12 Mercury Dimes 6 - 1938 , 6-1939 15 1 Group of 12 Mercury Dimes 4 - 1939 , 5-1939D , 3-1940 16 1 Group of 17 Mercury Dimes 1939 17 1 Group of 12 Mercury Dimes - 1940 18 1 Group of 11 Mercury Dimes 4-1940 , 4-1940D, 4-1940S 19 1 Group of 12 Mercury Dimes - 1941 20 1 Group of 12 Mercury Dimes - 1941 21 1 Group of 12 Mercury Dimes 11-1941 , 1-1941S 22 1 Group of 12 Mercury Dimes 6-1941 , 6-1941D 23 1 Group of 12 Mercury Dimes 12-1941S 24 1 Group of 12 Mercury Dimes - 1942 25 1 Group of 12 Mercury Dimes - 1942 26 1 Group of 12 Mercury Dimes - 1942 27 1 Group of 12 Mercury Dimes - 1942 28 1 Group of 12 Mercury Dimes - 1942 29 1 Mercury Dime - 1941 Possibly MS65 30 1 Group of 12 Mercury Dimes 2 - 1941 , 9-1942, 1-1943 31 1 Group of 12 Mercury Dimes 5-1942D , 7-1942 32 1 Group of 12 Mercury Dimes 6-1942D (One Possibly AU-55) , 6-1942S 33 1 -
Sopp Coin List – 9/20/20 LOT # 1-114. Wheat Pennies – 50 115-122
Sopp Coin List – 9/20/20 LOT # 1-114. Wheat pennies – 50 115-122. Lincoln pennies – 50 123-152. Lincoln cent S mint – 50 153. 1960 D Lincoln cent – 56 154. 1962 P Unc – 50 155. 1831 Large cent – 1 156. 1898 V nickel – 2 157-191. Buffalo nickel – 10 192-193. Buffalo nickel – 12 194. Buffalo nickel – 9 195-215. Jefferson nickel - 20 216-223. Jefferson nickel S mint – 10 224. Jefferson nickel S mint – 9 225-226. V nickel – 9 227. Shield nickel – 2 228-247. Jefferson silver nickel – 10 248-249. Jefferson silver nickel – 12 250. 1853 half dime 251. 1854 half dime 252. 1857 Liberty seated dime 253. 1888 Liberty seated dime 254-257. Barber dime – 10 258. Barber dime – 7 259-285. Mercury silver dime – 10 286. Wheat pennies – 50 287-348. Roosevelt silver dime – 10 349. 1963 D Roosevelt silver dime Unc – 50 350. 2005 D Jefferson Buffalo nickels – roll 351. 2004 D Jefferson Peace nickel – roll 352. 1854 & 1844 Seated quarter – 2 353-354. Barber quarter – 4 355. Barber quarter – 6 356-357. Standing Liberty quarters – 5 358-483. Washington silver quarter – 4 484-488. Roosevelt silver dime – 10 489-566. Liberty half dollar – 2 567-645. Franklin half – 2 646. Franklin half – 3 647. 1900 & 1902 Barber half dollar – 2 648. Liberty silver quarter – 4 649-687. 1964 Kennedy half dollar – 2 688. 1964 Kennedy half dollar - 3 689. Franklin half – 2 690-704. Kennedy half, 40% silver – 4 705. Kennedy half, 40% silver - 5 706. 1893 Expo half dollar 707. 1892 Expo half dollar 708. -
Collecting Classic Commemorative Coinage
Liberty Coin Service Collecting Classic Commemorative Coinage by Thomas Coulson By the mid-Nineteenth Century, the United States of America had cel- ebrated many important milestones and events. Citizens often wanted mementos of these occasions and private companies filled this demand for some events by selling commemorative medals. The United States Mint recognized the strong interest for commemoratives of national events and issued official medals on special occasions such as the U.S. Centennial of Independence. These commemorative medals were pop- ular, but lacked the full ‘legitimacy’ of a legal tender issue. The U.S. Mint first issued commemorative coinage in 1892 in conjunction with the World’s Columbian Exposition held in Chicago to commemorate the 1893 Columbian Exposition Half 400th anniversary of Columbus’ landing in the ‘New World’. Nearly two Dollar Reverse million Columbian Halves were struck in 1892 and 1893. Many of these were bought as prized keepsakes of their attendance at this once in a lifetime event. The success of this first issue paved the way for more commemorative coins to be issued; again in conjunction with Expositions. These included the Lafayette Dollar (Paris Exposition, 1900), the Jefferson, McKinley, and Lewis & Clark Gold Dollars (Louisiana Purchase Exposition, 1904), and the Panama-Pacific Exposition coinage of 1915. These first few issues proved to be popular enough with collectors that other organi- zations became interested in the issuance of a commemorative coin for their special occasion. Organizing committees for special events would lobby for the passage of an authorizing bill that would allow them to distribute a Mint-Issued, Legal Tender Coin and keep the proceeds in excess of the coin’s cost to help pay for the cost of their event or project.