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- From fuldy2000@yahoo.com Tue Dec 24 14:23:34 2002
Return-Path: <fuldy2000@yahoo.com> X-Sender: fuldy2000@yahoo.com X-Apparently-To: colonial-coins@yahoogroups.com Received: (EGP: mail-8_2_3_0); 24 Dec 2002 22:23:33 -0000 Received: (qmail 15687 invoked from network); 24 Dec 2002 14:16:05 -0000 Received: from unknown (66.218.66.217) by m9.grp.scd.yahoo.com with QMQP; 24 Dec 2002 14:16:05 -0000 Received: from unknown (HELO n23.grp.scd.yahoo.com) (66.218.66.79) by mta2.grp.scd.yahoo.com with SMTP; 24 Dec 2002 14:16:06 -0000 Received: from [66.218.67.160] by n23.grp.scd.yahoo.com with NNFMP; 24 Dec 2002 14:16:06 -0000 Date: Tue, 24 Dec 2002 14:16:02 -0000 To: colonial-coins@yahoogroups.com Subject: [Colonial Numismatics] Re: George Selgin Message-ID: <au9q72+ojve@eGroups.com> In-Reply-To: <d4.20a0edf2.2b39475e@aol.com> User-Agent: eGroups-EW/0.82 MIME-Version: 1.0 Content-Type: text/plain; charset=ISO-8859-1 Content-Length: 1757 X-Mailer: Yahoo Groups Message Poster From: "George Fuld <fuldy2000@yahoo.com>" <fuldy2000@yahoo.com> X-Originating-IP: 68.55.2.95 X-Yahoo-Group-Post: member; u=75368034 X-Yahoo-Profile: fuldy2000
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.
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