[Colonial Numismatics] Re Öffentlichkeit Deposited

George Selgin

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  • From fuldy2000@yahoo.com Tue Dec 24 14:23:34 2002
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    Subject: [Colonial Numismatics] Re: George Selgin
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    Jeff:

    I agree with your logic re casting. But why were almost all George
    III struck. How many places would have the equipment to strike them?
    There couldn't be to many--certainly under ten. Lets find out how
    many places in GB had the ability to strike coins. This would show
    the limited number of places that they could be struck. Selgin could
    be a starting place. Happy holidays to all!!

    George F.

    In colonial-coins@yahoogroups.com, Rosaamltd@a... wrote:
    > Ray, cast counterfeits were almost certainly cheaper to produce --
    the cost
    > was almost nothing! You needed the sand or wax to make the casting
    mold, and
    > some cheap metal that could be melted down. Once you made the mold,
    you
    > could spend the real coins that you used to impress the design. It
    was
    > certainly more time intensive, and the number of casts you could get
    from a
    > given mold would be small -- but if you could do it without getting
    caught,
    > it was almost pure profit. On the other hand, struck copies would
    require a
    > lot of capital investment -- a press capable of producing
    significant
    > striking pressure, steel for dies, engraving tools, planchet cutting
    and
    > rolling equipment, smelting equipment, not to mention some amount of
    talent
    > to engrave the dies. Needless to say, there wouldn't be a whole lot
    of
    > people who had an actual counterfeiting mint set up in their
    basement (well,
    > other than in certain areas of New Jersey perhaps). I would guess
    that many
    > of the struck counterfeits of the period were struck at other mints,
    token
    > manufactures, button manufacturers (which would have almost similar
    > equipment), and perhaps even "off the record" at some of the regular
    mints by
    > moonlighting personnel.

Quell-URL Veröffentlichungsdatum
  • 2002-12-24
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  • 1

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