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- From njraywms@optonline.net Thu Jan 06 11:25:31 2005
Return-Path: <njraywms@optonline.net> X-Sender: njraywms@optonline.net X-Apparently-To: colonial-coins@yahoogroups.com Received: (qmail 98266 invoked from network); 6 Jan 2005 19:25:30 -0000 Received: from unknown (66.218.66.218) by m25.grp.scd.yahoo.com with QMQP; 6 Jan 2005 19:25:30 -0000 Received: from unknown (HELO mta5.srv.hcvlny.cv.net) (167.206.5.78) by mta3.grp.scd.yahoo.com with SMTP; 6 Jan 2005 19:25:30 -0000 Received: from DIANEJ33YVI95P (ool-4354aed4.dyn.optonline.net [67.84.174.212]) by mta5.srv.hcvlny.cv.net (iPlanet Messaging Server 5.2 HotFix 1.25 (built Mar 3 2004)) with SMTP id <0I9W00AO6TXKDV@mta5.srv.hcvlny.cv.net> for colonial-coins@yahoogroups.com; Thu, 06 Jan 2005 14:24:57 -0500 (EST) Date: Thu, 06 Jan 2005 14:27:37 -0500 To: colonial-coins@yahoogroups.com Message-id: <074b01c4f425$c7bbafb0$f2fea8c0@DIANEJ33YVI95P> MIME-version: 1.0 X-MIMEOLE: Produced By Microsoft MimeOLE V6.00.2600.0000 X-Mailer: Microsoft Outlook Express 6.00.2720.3000 Content-type: multipart/alternative; boundary="Boundary_(ID_8nhqB71DAtemKq8fwjRYOA)" X-Priority: 3 X-MSMail-priority: Normal References: <20.3bbb2f0d.2f0ee604@aol.com> X-eGroups-Remote-IP: 167.206.5.78 From: Ray Williams <njraywms@optonline.net> Subject: Re: [Colonial Numismatics] Why Silver Wood Pieces Syd??? X-Yahoo-Group-Post: member; u=78843690 X-Yahoo-Profile: njray2
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Jeff good observation in your last paragraph - one I've never heard before. Ray ----- Original Message -----=20 From: Rosaamltd@aol.com=20 To: colonial-coins@yahoogroups.com=20 Sent: Thursday, January 06, 2005 2:05 PM Subject: Re: [Colonial Numismatics] Why Silver Wood Pieces Syd???
John, you are assuming here that all the British posessions had a circula= ting coinage that was equal in weight and fineness to those produced by the= Tower mint in London, aren't you? Comparing British George II and George = III coinage to the Woods pieces is comparing apples to oranges -- you need = to compare IRISH George II and George III pieces to the Wood issues. Even = if Ireland is a heck of a lot closer to London than America is, anything pr= oduced in England would have to be shipped over there and the pieces would = need to be placed in circulation at some expense to the crown; that expense= would most likely be taken "off the top" as a slight decrease in the weigh= t or fineness of a particular piece (or in the case of the Rosa Americana s= eries as an increase in the valuation -- so that a coin the size of a Hiber= nia farthing now became a Rosa Americana halfpenny, and on up the scale). = So a few grains difference between standard BRITISH weight and Woods coinag= es would not have been that bad at all, and would have actually been a bonu= s to Irish merchants, as even a Hibernia at 5 grains less would still weigh= t a lot more than the counterfeit British and Irish pieces and 17th & early= 18th century token coinages that would have probably made up the majority = of pieces in circulation in Ireland at the time.
Swift was an interesting character, but he was one that held grudges pret= ty much for his entire life -- if you read through "Gulliver's Travels" you= can occasionally figure out the exact person he was mocking or satirizing,= but to a contemporary the text would have read closer to something like to= day's "National Enquirer" in that it slammed just about every authority who= ever dared to disagree with Swift. No doubt somewhere along the line Wood= must have given insult to Swift and Swift must have taken great pleasure i= n being able to adopt yet another persona, the Drapier, to mock the man and= his coinage. The fact that the coinage was good, was definitely useful an= d particularly needed in Ireland didn't seem to matter much to Swift, and w= hen Wood's enterprise failed there would have certainly been a shortage of = circulating specie which would then be filled with -- what else -- low weig= ht, crude counterfeits of regal types that were actually LESS valuable than= the Wood pieces!
And a tangent -- something that I've always wondered about, and maybe Syd= can comment on. If the Hibernia farthing is about the size of the Rosa ha= lfpenny, and the Hibernia halfpenny is about the size of the Rosa penny, th= en why do we have a Rosa twopence and NOT a Hibrenia penny? It would seem = logical to have such a coin, especially since Wood must have had equipment = capable of making planchets that size and thickness and presses that could = strike such a piece...
Jeff Rock
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<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=iso-8859-1"> <META content="MSHTML 6.00.2722.900" name=GENERATOR> <STYLE></STYLE> </HEAD> <BODY id=role_body style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Arial" bottomMargin=7 bgColor=#ffffff leftMargin=7 topMargin=7 rightMargin=7> <DIV>Jeff good observation in your last paragraph - one I've never heard before.</DIV> <DIV>Ray</DIV> <BLOCKQUOTE style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV> <DIV style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> <A title=Rosaamltd@aol.com href="mailto:Rosaamltd@aol.com">Rosaamltd@aol.com</A> </DIV> <DIV style="FONT: 10pt arial"><B>To:</B> <A title=colonial-coins@yahoogroups.com href="mailto:colonial-coins@yahoogroups.com">colonial-coins@yahoogroups.com</A> </DIV> <DIV style="FONT: 10pt arial"><B>Sent:</B> Thursday, January 06, 2005 2:05 PM</DIV> <DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [Colonial Numismatics] Why Silver Wood Pieces Syd???</DIV> <DIV><BR></DIV><FONT id=role_document face=Arial color=#000000 size=2> <DIV>John, you are assuming here that all the British posessions had a circulating coinage that was equal in weight and fineness to those produced by the Tower mint in London, aren't you? Comparing British George II and George III coinage to the Woods pieces is comparing apples to oranges -- you need to compare IRISH George II and George III pieces to the Wood issues. Even if Ireland is a heck of a lot closer to London than America is, anything produced in England would have to be shipped over there and the pieces would need to be placed in circulation at some expense to the crown; that expense would most likely be taken "off the top" as a slight decrease in the weight or fineness of a particular piece (or in the case of the Rosa Americana series as an increase in the valuation -- so that a coin the size of a Hibernia farthing now became a Rosa Americana halfpenny, and on up the scale). So a few grains difference between standard BRITISH weight and Woods coinages would not have been that bad at all, and would have actually been a bonus to Irish merchants, as even a Hibernia at 5 grains less would still weight a lot more than the counterfeit British and Irish pieces and 17th & early 18th century token coinages that would have probably made up the majority of pieces in circulation in Ireland at the time.</DIV> <DIV> </DIV> <DIV>Swift was an interesting character, but he was one that held grudges pretty much for his entire life -- if you read through "Gulliver's Travels" you can occasionally figure out the exact person he was mocking or satirizing, but to a contemporary the text would have read closer to something like today's "National Enquirer" in that it slammed just about every authority who ever dared to disagree with Swift. No doubt somewhere along the line Wood must have given insult to Swift and Swift must have taken great pleasure in being able to adopt yet another persona, the Drapier, to mock the man and his coinage. The fact that the coinage was good, was definitely useful and particularly needed in Ireland didn't seem to matter much to Swift, and when Wood's enterprise failed there would have certainly been a shortage of circulating specie which would then be filled with -- what else -- low weight, crude counterfeits of regal types that were actually LESS valuable than the Wood pieces!</DIV> <DIV> </DIV> <DIV>And a tangent -- something that I've always wondered about, and maybe Syd can comment on. <FONT color=#ff0000>If the Hibernia farthing is about the size of the Rosa halfpenny, and the Hibernia halfpenny is about the size of the Rosa penny, then why do we have a Rosa twopence and NOT a Hibrenia penny? </FONT> It would seem logical to have such a coin, especially since Wood must have had equipment capable of making planchets that size and thickness and presses that could strike such a piece...</DIV> <DIV> </DIV> <DIV>Jeff Rock</DIV></FONT></BODY></HTML>
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