Ways to Diversify a Carson City Trade Dollar Collection Outside Conventional Boundaries by James D
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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. -
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 -
Title the Japanese Currency Policy and the British Banks in Asia In
The Japanese Currency Policy and the British Banks in Asia in Title 1870s-1890s Author(s) MOTOYAMA, Yoshihico; YOKOYAMA, Shisei Citation The Kyoto University Economic Review (1995), 64(1): 1-8 Issue Date 1995-02 URL https://doi.org/10.11179/ker1926.64.1 Right Type Departmental Bulletin Paper Textversion publisher Kyoto University THE KYOTO UNIVERSITY ECONOMIC REVIEW MEMOIRS OFTHE FACULTY OF ECONOMICS KYOTO UNIVERSITY VOLUME LXIV NUMBER 1 (APRIL 1994) WHOLE NUMBER 136 The Japanese Currency Policy and the British Banks in Asia in 1870s - 1890s 牢 ( Yoshihiko MOTOYAMA'" and Shisei YOKOYAMA I The Silver Dollar and the Japanese Silver Yen in Asia before 1897 In Asia before l870s , Spanish silver dollars (including Mexican dollars) were the most familiar and influential import from the West. They were widely circulated in Asia from the sixteenth to the middle of the nineteenth century. But they were generally less favoured by most Asian Government , though they were made legal tender in Singapore in 1867. During the 1870s, the value of silver beュ gan to depreciate. This meant the opening the “ T rade Dollar Era". Western countries began to mint and export silver trade dollars for circulation in silver-using countries. The Hong Kong dollar was minted in 1866, the US trade dollar in 1873, and the British dollar in 1895. They did so beュ cause the value of silver in silver-using countries , particularly in China , were not depreciating at the same rate as it was in the Western Countries. So they wanted their own trade dollar to replace Mexュ ican dollars in Asia. -
History of the Coinage Act of 1873/ on April 25, 1870, the Secretary of the Treasury Transmitted the Following Letter to Hon
1876 CLX REPORT OF THE COMPTROLLER OP THE CURRENCY. History of the coinage act of 1873/ On April 25, 1870, the Secretary of the Treasury transmitted the following letter to Hon. John Sherman, chairman of the Finance Committee of the Senate: "TREASURY DEPARTMENT, April 25, 1870. u SIR : I have the honor to transmit herewith a bill revising the laws relative to the Mint, assay-offices, and coinage of the United States, and accompanying report. The bill has been prepared under the supervision of John Jay Knox, Deputy Comptroller of the Currency, and its passage is recommended in the form presented. It includes, in a, condensed form, all the important legislation upon the coinage, not now obsolete, since the first mint was established, in 1792; and the report gives a concise statement of the various amendments proposed to existing Jaws and the necessity for the change recom- mended. There has been no revision of the laws pertaining to the Mint and coinage since 1837, and it is believed that the passage of the inclosed bill will conduce greatly to the efficiency and economy of this important branch of the Government service. "I am, very respectfully, your obedient servant, "GEO. S. BOUTWELL, "Secretary of the Treasury.'7 The report and the bill were referred on April 28, 1870, to the Fiuance Committee of the Senate, and subsequently, on May 2, 1870, five hundred additional copies were ordered to be printed for the use of the Treasury Department. The report says : " The method adopted in the preparation of the bill was first to arrange in as concise a form as possible the laws now in existence upon these subjects, with such additional sections and suggestions as seemed valuable. -
The Wonderful World of Trade Dollars
The Wonderful World of Trade Dollars Lecture Set #34 Project of the Verdugo Hills Coin Club Photographed by John Cork & Raymond Reingohl Introduction Trade Dollars in this presentation are grouped into 3 categories • True Trade Dollars • It was intended to circulate in remote areas from its minting source • Accepted Trade Dollars • Trade dollar’s value was highly accepted for trading purposes in distant lands • Examples are the Spanish & Mexican 8 Reales and the Maria Theresa Thaler • Controversial Trade Dollars • A generally accepted dollar but mainly minted to circulate in a nation’s colonies • Examples are the Piastre de Commerce and Neu Guinea 5 Marks This is the Schlick Guldengroschen, commonly known as the Joachimstaler because of the large silver deposits found in Bohemia; now in the Czech Republic. The reverse of the prior two coins. Elizabeth I authorized this Crown This British piece created to be used by the East India Company is nicknamed the “Porticullis Crown” because of the iron grating which protected castles from unauthorized entry. Obverse and Reverse of a Low Countries (Netherlands) silver Patagon, also called an “Albertus Taler.” Crown of the United Amsterdam Company 8 reales issued in 1601 to facilitate trade between the Dutch and the rest of Europe. Crown of the United Company of Zeeland, minted at Middleburg in 1602, similar in size to the 8 reales. This Crown is rare and counterfeits have been discovered to deceive the unwary. The Dutch Leeuwendaalder was minted for nearly a century and began as the common trade coin from a combination of all the Dutch companies which fought each other as well as other European powers. -
Common Currencies: Precedents and Prospects
NORTH CAROLINA JOURNAL OF INTERNATIONAL LAW Volume 4 Number 1 Article 3 Summer 1978 Common Currencies: Precedents and Prospects Frank A. Southard Jr. Follow this and additional works at: https://scholarship.law.unc.edu/ncilj Part of the Commercial Law Commons, and the International Law Commons Recommended Citation Frank A. Southard Jr., Common Currencies: Precedents and Prospects, 4 N.C. J. INT'L L. 1 (1978). Available at: https://scholarship.law.unc.edu/ncilj/vol4/iss1/3 This Article is brought to you for free and open access by Carolina Law Scholarship Repository. It has been accepted for inclusion in North Carolina Journal of International Law by an authorized editor of Carolina Law Scholarship Repository. For more information, please contact [email protected]. Common Currencies: Precedents and Prospects by Frank A. Southard, Jr.* A common currency emerges when two or more political units use the same currency as their sole or predominant legal tender. It may be issued by one political unit (an independent country or a political de- pendency) and made legal tender in one or several other units, or it may be issued by an institution common to all the participating units. A common currency is to be distinguished from a monetary agree- ment by which a group of countries provides for some degree of inter- change of their currencies. 1 However, the distinction between the two becomes narrow in some cases. The Latin Monetary Union, organized in 1865 by Belgium, France, Italy and Switzerland, provided for standard coins which all public offices were required to accept, even though they were separately minted by each country. -
Coin Catalog 3-31-18 Lot # Description Lot # 1
COIN CATALOG 3-31-18 LOT # DESCRIPTION LOT # 1. 20 Barber Dimes 1892-1916 44. 1944S 50 Centavo Phillipine WWII Coinage GEM BU 2. 16 V-Nickels 1897-1912 45. 1956D Rosy Dime MS64 NGC 3. 8 Mercury Dimes 1941-1942S 46. 1893 Isabella Quarter CH BU Low Mintage 24,214 4. 16 Pcs. of Military Script 47. 1897 Barber Quarter CH BU 5. 1928A "Funny Back" $1 Silver Certificate 48. 10K Men's Gold Harley Davidson Ring W/Box 6. 1963B "Barr Note" $1 Bill W/Star 49. Roll of 1881-0 Morgan Dollars CH UNC 7. 40 Coins From Europe 50. 1954P,D,S Mint Sets in Capital Holder GEM 8. 4 Consecutively Numbered 2003A Green Seal $2 Bills 51. Roll of 1879 Morgan Dollars CH UNC 9. 1863 Indian Cent CH UNC 52. Colonial Rosa Americana Two Pence RARE 10. 1931D Lincoln Cent CH UNC KEY 53. 1911S Lincoln Cent VF20 PCGS 11. 1943 Jefferson Nickel MS65 Silver 54. 1919S " MS65 12. 1953 " PF66 Certified 55. 1934D " " 13. 1876S Trade Dollar CH UNC Rare High Grade 56. 1907 Indian Cent GEM PROOF 14. 1889S Morgan Dollar MS65 Redfield Collection KEY 57. 1903-0 Barber Dime XF45 Original 15. 1885S " CH BU KEY 58. 1917S Reverse Walking Liberty Half F15 16. 1880-0 " MS62 PCGS 59. 1926D Peace Dollar MS65+ 17. 1934D Peace Dollar MS62 NGC 60. 1987 Proof Set 18. 2 1923 Peace Dollar CH BU Choice 61. 1854 Seated Half AU+ 19. 1934 $100 FRN FR# 2152-A VF 62. 1893 Isabella Quarter MS63 Low Mintage 24,214 20. -
COIN AUCTION by Baxa Auctions, LLC Sunday, April 7, 2019 Kenwood Hall, 900 Greeley, Salina, KS Auction Starts at 12:30, Doors Open at 10:30
COIN AUCTION by Baxa Auctions, LLC Sunday, April 7, 2019 Kenwood Hall, 900 Greeley, Salina, KS Auction starts at 12:30, Doors open at 10:30 Note: Payment due immediately after the sale. Please review terms on last page before bidding. Lot # Description Grade Tokens & Misc 1 Silver Certificate Redemption Bullion in Plastic Unc 2 (13) Encased Cents (10-Lincolns, 3-Indian Head) Circ 3 (7) Rectangular Wooden Nickels (1939-1970) Unc 4 (5) Wm. J. Schwartz Hanover, KS Trade Tokens (5c-1$) Circ 5 (4) Coin Design Coasters Unc 6 (4) California $50 Gold Slug Replicas Unc 7 (5) California Souvenir Gold Replicas in Display Case Unc 8 (2) 1961 KS Statehood 3-inch Medals (Silver & Bronze) Unc 9 (2) 1971 Concordia KS 1-inch Medals (Silver & Bronze) Unc 10 1960 P&D Large/Small Date Cent Set in Plastic (4 coins) Unc 11 1960 Proof Large/Small Date Cent Set in Plastic (2 coins) Proof 12 1995-P Unc Bank Set & 1976 Bicentennial Coinage Mixed 13 1979 & 1980 ANA Convention Souvenir Sets (5 $ Coins) Unc Groups 14 (3) Indian Head Cents (1905, 1906, 1907) AU 15 (4) Jefferson Unc 5c (1938-D&S, 1939-D&S) MS63-65 16 (3) 1945-PDS Unc War Nickels Unc 17 (2) 1950-D Unc Jefferson Nickels MS65 18 (23) Proof Jefferson Nickels (1960-1964) (in mint cello) Proof 19 (9) Proof Silver Roosevelt Dimes (1956-1964 1 each) Proof 20 (15) Proof Clad Roosevelt Dimes (1968-1990) Proof 21 (12) Proof Washington Quarters (1959-1990) Proof 22 (6) Proof Kennedy Half Dollars (1964, 68S, 69S, 70S, 88S, 90S) Proof 23 (6) Susan B. -
THE WORLD of COINS an Introduction to Numismatics
THE WORLD OF COINS An Introduction to Numismatics Jeff Garrett Table of Contents The World of Coins .................................................... Page 1 The Many Ways to Collect Coins .............................. Page 4 Series Collecting ........................................................ Page 6 Type Collecting .......................................................... Page 8 U.S. Proof Sets and Mint Sets .................................... Page 10 Commemorative Coins .............................................. Page 16 Colonial Coins ........................................................... Page 20 Pioneer Gold Coins .................................................... Page 22 Pattern Coins .............................................................. Page 24 Modern Coins (Including Proofs) .............................. Page 26 Silver Eagles .............................................................. Page 28 Ancient Coins ............................................................. Page 30 World Coins ............................................................... Page 32 Currency ..................................................................... Page 34 Pedigree and Provenance ........................................... Page 40 The Rewards and Risks of Collecting Coins ............. Page 44 The Importance of Authenticity and Grade ............... Page 46 National Numismatic Collection ................................ Page 50 Conclusion ................................................................. Page -
Collectables Continued 1
COINS ANACS-1 1825 HALF DOLLAR CLEANED VF20 1 2004 SILVER EAGLE PROOF IVGC 2016-W 10.00 EAGLE PR69 VC ANACS-1 1879-S MORGAN MS65* 1 2001 SILVER EAGEL PROOF PCGS 1995-W 10.00 EAGLE PR69 DC ANACS-1 1881-S MORGAN MS65 1 1982 GEORGE WASHINGTON SILVER NGC 1996 10.00 EAGLE MS68 ANACS-1 887 S/S MORGAN VAM TOP 100 AU55 1 GENUINE ANCIENT ROMAN COIN NGS 1908 LIBERTY 5.00 AU58 ANACS-1 1898 MORGAN MS61 1 SET SUSAN B ANTHONY 3 COINS IN PLAS- NGC 2014 EAGEL 5.00 MS69 ANACS-1 1878 TRADE DOLLAR CLEANED EF40 TIC ANACS 1982 MAPLE LEAF CANADA MS67 1 BAG PEACO 1927D-1927S 2 COINS 1 ROLL LINCOLN CENTS 1941-P IVGC 2016-P AUSTRALIA KANGROO GOLD 15.00 MS70 6 BAGS MORGAN 1921 4 EACH BAG 1 2013 PROOF SET PCGS 2016-W FIRST STRIKE SP70 MERC 10.00 GOLD 1 BAG MORGAN 1921 5 EACH BAG PCGS 1 2014 BUFFALO PF69 DCAM SILVER UNC 2014 10.00 EAGLE UNGRADED 1 BAG MORGAN 1884, 1889, 1889-0, 1885 PCGS 1 2014-D BALL GLOVE MS69 UNC 2 1982 CANADA 5.00 GOLD 15 1921 MORGAN IN 2X2 1 BAG 4 MORGANS 1 SET 100 YEARS SILVER COINS UNC 2 2014 5.00 GOLD EAGLES 1 1924 OEACE IN 2X2 1 BOOK 1988 KC ROYALS FULL OF 1 KENNEDY HOLD COIN SMALL X 2 1926-S PEACE IN 2X2 AUTOGRAPHS 6 2014 SILVER AUSTRALIA LOALA 1 1927-D PEACE IN 2X2 1 BOOK GEORGE BRETT AUTOGRAPHED W/ 1 2014 SILVER PANDA 2 1928-S PEACE IN 2X2 CARDS 2 INDIAN COPY COINS 1 1934-D PEACE IN 2X2 1 NOTE BOOK FULL OF COINS 91 COINS 1 1933 GOLD COIN COPY 1 1935-S PEACE IN 2X2 1 UNCUT SHEET 1 DOLLAR BILLS 6 SILVER TRADE DOLLARS 1 1885 MORGAN IN 2X2 12 1 CENT INDIAN HEAD 2 BAGS MERCURY DIMES 1 1886 MORGAN IN 2X2 10 1 DOLLAR SACAGAWEA 2 BAGS ROOSEVELT -
The Circulation of Foreign Silver Coins in Southern Coastal Provinces of China 1790-1890
The Circulation of Foreign Silver Coins in Southern Coastal Provinces of China 1790-1890 GONG Yibing A Thesis Submitted in Partial Fulfillment of the Requirements for the Degree of Master of Philosophy in History •The Chinese University of Hong Kong August 2006 The Chinese University of Hong Kong holds the copyright of this thesis. Any person(s) intending to use a part or whole of the materials in the thesis in a proposed publication must seek copyright release from the Dean of the Graduate School. /y統系位書口 N^� pN 0 fs ?jlj ^^university/M \3V\ubrary SYSTEM^^ Thesis/Assessment Committee Professor David Faure (Chair) Professor So Kee Long (Thesis Supervisor) Professor Cheung Sui Wai (Committee Member) 論文評審委員會 科大衛教授(主席) 蘇基朗教授(論文導師) 張瑞威教授(委員) ABSTRACT This is a study of the monetary history of the Qing dynasty, with its particular attentions on the history of foreign silver coins in the southern coastal provinces, or, Fujian, Guangdong, Jiangsu and Zhejiang, from 1790 to 1890. This study is concerned with the influx of foreign silver coins, the spread of their circulation in the Chinese territory, their fulfillment of the monetary functions, and the circulation patterns of the currency in different provinces. China, as a nation, had neither an integrated economy nor a uniform monetary system. When dealing with the Chinese monetary system in whatever temporal or spatial contexts, the regional variations should always be kept in mind. The structure of individual regional monetary market is closely related to the distinct regional demand for metallic currencies, the features of regional economies, the attitudes of local governments toward certain kinds of currencies, the proclivities of local people to metallic money of certain conditions, etc.