[Colonial Numismatics] George Selgin 上市 Deposited

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  • From jackhowes@yahoo.com Sun Dec 22 12:57:31 2002
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    Subject: Re: [Colonial Numismatics] George Selgin
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    >From: rg5turc@a...
    >Date: Sun Dec 22, 2002 10:05 am
    >Subject: Re: [Colonial Numismatics] George Selgin

    >Hi Jack,

    >Thanks for posting this site as the reading is very interesting. One
    >question is why do you feel the cost of producing cast counterfeits
    >not to be less expensive then struck counterfeits? I would be
    >interested in your comments!

    >Ray T.

    Ray,

    My opinion is based on limited data and that it seems to square with
    what we see 200 years later.

    Anton says (page 31, Forgotten Coins of the North American Colonies)
    that casting, "was entirely unsuitable from the standpoints of mass
    manufacture and quality of execution." He futher says that his
    sampling of populations indicate a ratio of about 60 to 1 struck to
    cast.

    The only hoard that I have seen documented (and I have not looked hard
    for this kind of thing yet) is in Smith, (George III Counterfeit
    Halfpenny Series, COAC95, page 51) a find of 325 defaced halfpence,
    one of which was cast.

    Also I see very few cast counterfeits for sale (although this is
    qualitative since I have not been counting).

    This is why I was surprised that Selgin indicates that casting was
    easy and cheap. He also indicates that cast counterfeits were common
    throughout the 18th century and has a period reference that I do not
    have access to immediately -- Colquhoun, 1800, pg 178.

    If cast counterfeits were common in the 18th century I would expect
    them to be common in hoards and in collections.

    It seems to me that casting might be easy and cheaper than striking to
    make a few but does not seem to me to be a process that scales up well
    otherwise mints would look more like foundaries. (But I have been
    known to be wrong about all kinds of things and would not rule that
    out this case either.)

    Jack

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  • 2002-12-22
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