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RWB

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Everything posted by RWB

  1. Found under the floor boards of a Milwaukee bologna factory.
  2. There's limited monetary value to the old invoices unless they are from famous collection or a well known dealer or auction company of olden days. However, do not discard them. Occasionally a new variety is discovered and you might have an invoice for the same variety (just not mentioned) amid the coins you have. If you sell any coins, it's good policy to include the old invoices. Most buyers will appreciate this and consider it thoughtful. (Something evidently scarce among coin sellers.)
  3. Poor ductility was caused by impurities in the alloy, usually arsenic or lead. "Plata Pina" was silver derived from mercury amalgam such as used in the patio process (see From Mint to Mint for description). It was a common way to extract gold and silver in South America. This might indicate a correlation of several coin factors between small denominations and silver bullion sources.
  4. So, now you're buying counterfeit coins? Sad.
  5. Mint of the United States May 12, 1835 Hon. Levi Woodbury Secretary of the Treasury Sir: Your letter of the 5th referring to a former communication on the subject of more extended issues from the Mint of the smaller denominations of our coin has been carefully considered. The whole of our gold deposits may be coined with Quarter Eagles with no other inconveniences than some reduction of the deliveries provided the depositors are satisfied to receive payment wholly in that denomination, which for a limited time, it is possibly, may be the case. As the deposits of gold are not, during the current period, very copious, it may perhaps be on the whole best to suspend entirely the issue of Half Eagles, which, with the approbation of the Department I will direct to be done until a different decision be expedient. In regard to silver coin less than half dollars, the question is embarrassed by some difficulty. The great mass of the silver now delivered at the Mint, though of a finer standard then that of the United States, is no ductile enough for small coins. To render it so, requires an expense which the depositors would be unwilling to incur, together with a sensible increase of wastage. This last is sustained by the public, according to existing provisions. The Spanish dollar of former years was suitable for the fabrication of small coins, but the Mexican dollars and the Spanish American dollars in general, which constitute the chief material of our coinage, are not so, though they usually admit of being coined into half dollars without special preparation. Under these circumstances the practice has prevailed of employing all Plata Pina and most of the silver coming I bars or pigs, in making small coins, for which these descriptions of silver are suitable without any refining process, and to employ the less ductile for larger coins. Those sources of supply, however, have not been sufficient for the present increased demand for the lower denominations, and I have therefore earnestly recommended to those Banks in New York which evince the most anxiety on this subject, to deposit with us the five franc pieces with an engagement to make such into small coins. The Bank of America in a late deposit of April 2nd, following to some extent the suggestion, sent out of $100,000, about one -fourth in five franc pieces, and the rest in Mexican and Peruvian dollars, the last of which at least they had supposed would answer the intended purpose without any expense in preparation. This however is not found to be so, even for quarter dollars the metal it appears is too refractory. We must therefore restrict the proportions of small coins or incur some loss in rendering the silver more ductile. To an application made very recently from the Manhattan Bank, to know how soon $100,000 could be forwarded furnished in Quarter Eagles chiefly, and the remainder in dismes and half dismes, I replied on the 5th instant, offering the same suggestion, and stating that if the deposit were made in five franc pieces we would furnish the coins in about 60 days, and in ninety if the metal required to be refined. I am not yet informed of their decision. Under present circumstances, however, it seems to be proper to disregard the increase of wastage, and the expense to be incurred in rendering the metal in question ductile, in those cases where the deposit is required to be in small coins. If you shall be pleased to authorize this, I would recommend that it take effect from the end of this month, this will afford time for some preparation, and will relieve us from a large deposit of the Bank of the United States, consisting of Mexican dollars. In the progress of the proposed measure I will apprize the Department if any inconvenience shall result which shall render an earlier remission of the regulation expedient. In regard to the tendency of small coins to leave the United States, I am persuaded that the fact exists to a very sensible extent. Their direction is, I understand, chiefly to Canada, but they go also, it appears, to the Spanish Main. They are expensive coins, and are likely to be imported into places where their character is familiar and relied on. Their tendency to enter Canada is much confirmed I doubt no by the effect of a British order in Council of 1825 to which I slightly drew your attention in conversation last winter, and which I first found in your copy of Kelly, a later edition by some years than I had before seen. It appears to me to make silver a legal tender without restriction, at the same rate as it is made a tender to the limited amount of 40 shillings in England – that is, about 6 percent above what may be called its intrinsic value. It is altogether probable that for the purposes of change our disme would pass under the regulation as an English sixpence, which may be stated at 11-1/2 cents. The only correction of this tendency, it would seem, is to be found in reducing the weight of our coins, of denominations below the half dollar as alluded to in my report on the Branch Mints. If reduced, I would recommend the proportion proposed by Honorable C. P White in his reports, viz,: 100 grains for the quarter dollar; dismes and half dismes in proportion. This of course can only be done by Congress. I still, however, incline to the wish to avoid this inequality, if on experiment of the Branch Mint System, it be found that the country can be well supplied with the coins in question, subject to this tendency to go abroad. I am very respectfully, Your obedient servant Samuel Moore
  6. It's normal -- be concerned if you sleep with them instead of your wife.
  7. Is your friend a coin expert, maybe? It's just been subjected to high heat such as a gas stove..... You still use film in your camera....?
  8. Wait for the next edition (the latest). Info should be better.
  9. The OPs question is clear and direct. Responses might not be.
  10. There is a large overhead sign on I-65 near the bridge. It usually says "Accident Ahead." If it's blank, it might be caused by a power outage. (Jeffersonville was once a large trading town. It is now more of a blink-you-missed-it place --- kinda like personal freedom for women in some backward places.
  11. No such thing. Any claims otherwise have NEVER been substantiated.
  12. A fine group of exhibit judges at the pinnacle of their capabilities.
  13. Almost all public libraries participate in interlibrary loan (ILL). This means you can borrow a copy of any book from anywhere in the US and Canada. The common fee is $3.
  14. Please post your photos of both sides. The reverse photo has darker areas above the white -- as if the white is casting a shadow.
  15. But....do collectors and others in the hobby read new books? Do they learn from new research and new approaches?
  16. Tristram Dalton, Esq. Philadelphia December 16, 1791 The President of the United States Sir: Having twice already intruded upon your important time, I feel a great reluctance in addressing you, Sir, again on my own account. A Bill for establishing a Mint being before the Honorable Senate, in which an Office of Director is designated, I am induced to propose myself a candidate therefor, when the Bill shall have become a Law, and I beg leave to add, that, if it should be convenient with your arrangements the appointment to that Place would be very agreeable to me – and accepted with gratitude. In every Event, I am, with all possible respect, Your most obedient and humble servant. Tristram Dalton The previous February, Dalton asked to be appointed Post Master General, but did not get the position. Dalton was appointed Treasurer of the U. S. Mint May 4, 1792 and remained until he resigned on April 23, 1794.
  17. Nice group of off-center coins -- except for the top center which is a deliberately "waffled" coin.
  18. About the same, 1830-1934, but maybe a little later. Unlike the Royal Mint, the US Mint had no long-tern technology plan, performed almost no documented internal research, and made operational changes only when anew director demanded it. Kimball and later Ross made the most important accounting and record keeping changes until the 1960s, but much of this has no relevance to coin manufacture.
  19. Similar die books were kept for all mints. Those for other mints are "missing" with most not mentioned in inventories made in the late 1930s. FMTM was not intended for a beginner audience, rather it was prepared to correct and fill knowledge gaps in how coins were made and handled based on mint regulations, procedures and equipment. This added information was then applied to some commonly seen coin defects.
  20. No. The surface had most copper removed by annealing between the 7 blows. the Color was almost that of 24k gold. I said nothing about mirror-like finish.