SIXTEEN CENTS Público Deposited
The E-Sylum: Volume 7, Number 7, February 15, 2004, Article 6
SIXTEEN CENTS
Tom DeLorey quotes the following from a letter in the
Ford Sale lots:Two 1853 California Gold Rush Letters, one reading in part:
Enclosed I send you a Gold 1/4 Dollar, another: get all
the 16¢ pieces and the French one franc pieces and send
them out here and I can get 25¢ for all"He writes: "What, pray tell, are "the 16c pieces?" My best
guess would be Spanish Pistareens, but I have never heard
them referred to as 16c pieces. Schilke and Solomon in
"America's Foreign Coins" (p. 73) quote a Mint report of 1827
valuing them at 17c, but goes on to say that by 1843 they had
quite disappeared from circulation. If they were around in
1853 I could see them passing at six to the dollar with
individual coins rounded down to 16c, but can anybody cite
a reference to this usage?"- 2004-02-15
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