How long did 1775 counterfeit halfpence circulate in London??? Público Deposited

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  • From clement.schettino@axcelis.com Fri Jan 20 13:27:08 2006
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    From: "Clement V. Schettino (Clem)" <clement.schettino@axcelis.com>
    Subject: Re: How long did 1775 counterfeit halfpence circulate in London???
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    Hey John,

    I've been very busy here at work today and am just now getting around=20
    to catching up on my egroups.

    I'm going to add something that someone else my have already said but=20
    I'm at work and need to read from the site, very cumbersome.

    So, do the two counterfeit 1775 British 1/2d I have overstruck on two=20
    different 1797 Condor tokens help shed light on the fact that they=20
    certainly not only circulated well into the late eighteenth century=20
    but were STILL obviously being struck at that time.

    Clem


    --- In colonial-coins@yahoogroups.com, "John Lorenzo" <johnmenc@o...>=20
    wrote:
    >
    > Some students familiar with English copper regal coinage and the=20
    > associated contemporary counterfeits have read something of this=20
    > type of passage on Matthew Boulton:
    >=20
    > His first coins, for Sumatra, which had been made in 1787 on old=20
    > hand-operated coin presses he had got from a customer, were=20
    probably=20
    > not much better than the Royal Mint's erstwhile output. But by 1791=20
    > he had solved the problem of achieving consistent size and weight.=20
    > By 1794 he had introduced reeded and lettered edges, only recently=20
    > copied by the Royal Mint with its =A31 and =A32 coins. Such edges made=20
    > shaving instantly detectable and thus brought a halt to the=20
    practice=20
    > by preventing shaved coins from being returned into circulation.=20
    > Another innovation in the same year was to inset the lettering=20
    > around the edge of a coin into a raised border, which made the=20
    > forger's life somewhat more difficult by improving the wearing=20
    > properties of coins, since the raised border took the bulk of the=20
    > wear. He also conceived of the idea of a gauge for detecting=20
    whether=20
    > the coin was made of the right metal. This gauge was made to the=20
    > precise diameter and thickness of the coin, which was first passed=20
    > through it and then weighed. If a coin which contained, say, too=20
    > little gold, passed through the gauge its weight would be short;,=20
    > whilst if its weight were correct it would be too big to pass=20
    > through the gauge. By 1799 he had devised a method of producing=20
    > coins with diagonal reeding on the edge, which is extremely=20
    > difficult to counterfeit. Two centuries later, the Royal Mint has=20
    > yet to catch up. He also introduced the practice, still followed=20
    > with regard to the British coinage, of making the weight of copper=20
    > coins proportional to their value, 2d pieces weighing 2ozs, 1d=20
    > pieces 1oz, and so on. This enables the value of a bagful of change=20
    > to be determined simply by weighing it. The standards Boulton set=20
    > for coin size and weight remained in force until decimalisation=20
    over=20
    > 170 years later.
    > Just posting an interesting piece in my previous post illustrating=20
    a=20
    > 1775 English halfpence contemporary counterfeit counterstamped with=20
    > the Samuel Davis of London counterstamp. Brunk believes this=20
    > merchant operated in London between 1808-1822 and he gives this=20
    > piece his attribution number of #51265 due to the first of two=20
    types=20
    > of spelling of the word HOUNDSDITCH in the counterstamp.
    > My point - it seems contemporary counterfeits were circulating=20
    > somewhat WELL PAST the so-called end of the counterfeit era due to=20
    > Boulton coinage of the late 1790's. This piece CERTAINLY confirms=20
    > this fact. Can not recall too many other pieces showing similar=20
    > proof. Mr. Albany, Dave P. or Clem ... anything ...???
    >




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  • 2006-01-20
Volume
  • 1

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