[Colonial Numismatics] George Selgin Público Deposited

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  • From joshalso2000@yahoo.com Sun Dec 22 18:54:48 2002
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    Date: Sun, 22 Dec 2002 18:54:48 -0800 (PST)
    Subject: Re: [Colonial Numismatics] George Selgin
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    From: Morris Hankins <joshalso2000@yahoo.com>
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    The statement that CAST BLANKS were common and once
    struck takes on most of the normal attributes of a
    normal coin characteristics is why I am so interested
    in Ray Turcottes work with XRF.

    Morris

    --- "dp1787 <palmers4@erols.com>" <palmers4@erols.com>
    wrote:
    > Jack, One of the things I think I gleaned from the
    > Selgin paper, is
    > that cast BLANKS were common, not necessarily cast
    > counterfeits.
    > Once struck, a cast blank takes on many of the
    > normal coin
    > characteristics, not all, but many. Stan Stephens
    > would probably be
    > the maven on that subject. Stan? comments? David
    >
    >
    > --- In colonial-coins@yahoogroups.com, "Jack Howes
    > <jackhowes@y...>"
    > <jackhowes@y...> wrote:
    > > >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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    >
    >
    >
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    >
    >


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  • 2002-12-22
Volume
  • 1

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