What is a Colonial Coin? Público Deposited

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  • From joecoin@verizon.net Sat Jun 09 05:10:58 2007
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    From: "Joe Schell" <joecoin@verizon.net>
    Subject: [Colonial Numismatics] Re: What is a Colonial Coin?
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    Jim,

    I'm not sure about Oliver, but I know I don't understand the taxonomy
    of the word Colonial. Could you explain it for me please?

    Joe




    --- In colonial-coins@yahoogroups.com, JCSpilman/iMAC/HOME <CNLF@...>
    wrote:
    >
    > Oliver obviously does not understand the taxonomy of the word
    > colonial. Jim/CNLF
    >=20
    > John Louis wrote:
    >=20
    > > I thought the Vikings settled in Minnesota!jwl
    > >
    > > ----- Original Message -----
    > > From: Oliver D. Hoover
    > > To: colonial-coins@yahoogroups.com
    > > Sent: Friday, June 08, 2007 10:13 AM
    > > Subject: Re: [Colonial Numismatics] Re: What is a
    > > Colonial Coin?
    > >
    > > Dan and David,
    > >
    > > I had forgotten about the Vikings. I suppose some
    > > argument could be
    > > made for the Vineland settlement as a medieval
    > > colonial experiment,
    > > but I don't know what the status of Vineland was
    > > vis-a-vis the
    > > Scandinavian kings. There is nothing colonial about
    > > the Asian
    > > migrations into North America in the Prehistoric
    > > period.
    > >
    > > David, No mints, but I think that there was supposed
    > > to have been a
    > > Viking coin find from Vineland. I could be mistaken
    > > though.
    > >
    > > Oliver
    > >
    > > On 7-Jun-07, at 10:48 PM, palmers4@... wrote:
    > >
    > > > It must be because we have no evidence of a mint
    > > being set up by
    > > > either the
    > > > Asian invasion, or the Vikings. David
    > > >
    > > > Original Message:
    > > > -----------------
    > > > From: Freidus, Daniel freidus@...
    > > > Date: Thu, 7 Jun 2007 22:35:59 -0400
    > > > To: colonial-coins@yahoogroups.com
    > > > Subject: RE: [Colonial Numismatics] Re: What is a
    > > Colonial Coin?
    > > >
    > > >
    > > > Yes, Oliver, I don't recall ever having seen the
    > > term 'colonial'
    > > > used to
    > > > refer to any activity in North America earlier than
    > > 1492 (but I
    > > > haven't
    > > > read much about the Viking invasion). I was also
    > > under the
    > > > impression that
    > > > crossing the Bering strait was probably a long
    > > enough and difficult
    > > > enough
    > > > journey that those doing it were leaving behind
    > > their old land, not
    > > > staying
    > > > in touch.
    > > >
    > > > Dan
    > > >
    > > >
    > > > -----Original Message-----
    > > > From: colonial-coins@yahoogroups.com on behalf of
    > > Oliver D. Hoover
    > > > Sent: Thu 6/7/2007 9:05 PM
    > > > To: colonial-coins@yahoogroups.com
    > > > Subject: Re: [Colonial Numismatics] Re: What is a
    > > Colonial Coin?
    > > >
    > > > Jim,
    > > >
    > > > I would be interested to know who uses the term
    > > "Colonial" to refer
    > > > to the migrants from the Asian continent to North
    > > America in the
    > > > Prehistoric period who later became the Native
    > > peoples of the
    > > > Americas. This seems like quite a stretch as the
    > > prehistoric peoples
    > > > who crossed the Bering Strait are not likely to
    > > have maintained
    > > > political and economic ties with their Asian
    > > homeland. Is not
    > > > dependence on the Mother Country a colonial
    > > requirement by definition?
    > > >
    > > > Oliver
    > > >
    > > > On 7-Jun-07, at 2:17 PM, JCSpilman/iMAC/HOME wrote:
    > >
    > > >
    > > >> Dan --
    > > >> The categorization of time spans and terminology
    > > is neatly spelled
    > > >> out in Dr. Jordan's Notre Dame "Colonial" (Early
    > > American)
    > > >> website. I find nothing in his systemization to
    > > object to. Draw
    > > >> this categorization as an organization chart and
    > > you will find that
    > > >> it is, generally, all inclusive,
    > > >>
    > > >> The misnomer "colonial" has long been recognized
    > > as an "era" prior
    > > >> to the Paris Treaty of 1783 and even extends back
    > > in time to man's
    > > >> first entry into the North American continent
    > > (from Asia).
    > > >> Colonial is a very broad categorization indicating
    > > only a Colony of
    > > >> some remote Mother Country, it may, or may not,
    > > extend to several
    > > >> intervals of time, as well as changes between one
    > > Mother Country
    > > >> and some other.
    > > >>
    > > >> Remember the political phrase "Keep it simple,
    > > stupid" <bg>
    > > >>
    > > >> Jim/CNLF
    > > >>
    > > >> =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
    =3D=3D=3D=3D=3D=3D
    > > >>
    > > >> "Freidus, Daniel" wrote:
    > > >>> I've seen many historians use dates other than
    > > 1776 to divide
    > > >>> eras. It's not uncommon to see 1764-1783 or 1789
    > > listed as the
    > > >>> Revolutionary period. Do we put Continental
    > > currency from 1775 in
    > > >>> a different category than that from 1776 (which
    > > still said "United
    > > >>> Colonies") or that from, say, 1778 (by which time
    > > it said "United
    > > >>> States")?For most purposes, historians use either
    > > 1783 or 1789 as
    > > >>> the beginning of the next phase for our nation
    > > <Well, most of
    > > >>> ours, Oliver ;) >. I generally prefer 1789
    > > because I see the
    > > >>> ratification as the end of the process of
    > > declaring independence
    > > >>> (the Bill of Rights was tweaking, even if they
    > > are quite
    > > >>> important). For coinage, I think pre-1764,
    > > 1764-1789, and
    > > >>> post-1789 work quite well. For paper money and
    > > many fiscal issues
    > > >>> you could argue that the Revolutionary period
    > > goes on a bit beyond
    > > >>> 1789 but I don't think that diminishes the
    > > usefulness of seeing
    > > >>> early American numismatics as 3 eras: Colonial,
    > > Revolutionary, and
    > > >>> Federal.
    > > >>> Just because Fugios were made for the federal
    > > government doesn't
    > > >>> put them in the Federal era. They were an
    > > experiment by a
    > > >>> government still being formed. Large cents are
    > > different (and
    > > >>> that's why I no longer collect them.).
    > > >>>
    > > >>> Dan
    > > >>>
    > > >>> From:colonial-coins@yahoogroups.com
    > > [mailto:colonial-
    > > >>> coins@yahoogroups.com] On Behalf Of John N. Lupia
    > >
    > > >>>
    > > >>> Sent: Thursday, June 07, 2007 12:16 PM
    > > >>> To:colonial-coins@yahoogroups.com
    > > >>> Subject: [Colonial Numismatics] Re: What is a
    > > Colonial Coin?
    > > >>> Hi Ray:
    > > >>> I think you misread me. I agree the name C4 is
    > > here to stay. The
    > > >>> distinction I am making is a more precise
    > > definition of the scope of
    > > >>> the subject matter of colonial numismatics under
    > > the banner of C4.
    > > >>>
    > > >>> To continue keeping Early Federal Coinage minted
    > > 1776-1792 under the
    > > >>> C4 banner will continue the confusion, lack of
    > > clarity, and the
    > > >>> perception of the whole as a jumbled mess.
    > > >>>
    > > >>> I realize your affections for Early Federal
    > > coinages, especially New
    > > >>> Jersey cents, wants you to keep them as C4
    > > subject matter. But for
    > > >>> the
    > > >>> sake of the subject matter as well as for the
    > > good of the larger
    > > >>> collecting community, the American community at
    > > large, newcomers to
    > > >>> the field, students, and so on, to put them under
    > > the proper
    > > >>> banner is
    > > >>> for a greater good than could ever be
    > > accomplished by keeping the
    > > >>> status quo.
    > > >>>
    > > >>> Most of us already are members of more than one
    > > numismatic
    > > >>> society or
    > > >>> association, so here is one more for us to join.
    > > >>>
    > > >>> EAC wont take the subject matter back as we all
    > > suspect since they
    > > >>> have specialized so intensely on Early US cents
    > > and half cents
    > > >>> 1793-1857 showing signs of no other interest.
    > > >>>
    > > >>> But, I think my purpose goes way beyond the
    > > things mentioned here.
    > > >>> These Early Federal coinages we all love and have
    > > such a fascination
    > > >>> and interest in are not properly focused as
    > > Federal coinages and
    > > >>> obviously they cannot be Pre-Mint.
    > > >>>
    > > >>> We need to shatter the myth that the US Mint at
    > > Philadelphia
    > > >>> completed
    > > >>> by September 7, 1792 is the only real authentic
    > > mint of record as
    > > >>> defined by Frank Stewart in 1924. It appears not
    > > even to have been
    > > >>> the
    > > >>> first built with US government funds and operated
    > > by US government
    > > >>> staff. Robert Morris seems to have been the one
    > > under the
    > > >>> direction of
    > > >>> Congress to have done that.
    > > >>>
    > > >>> The early government wasted no time making plates
    > > to print paper
    > > >>> money
    > > >>> and strike coinages even in 1776, also having set
    > > up a US
    > > >>> treasury, US
    > > >>> Federal Reserve Depositories (Boston being one of
    > > the first), The
    > > >>> Nnational Bank system, and state charters for
    > > banks.
    > > >>>
    > > >>> A decade before the Philadelphia Mint, Robert
    > > Morris set up the
    > > >>> first
    > > >>> bureau of engraving and mint in 1782, that has
    > > now since disappeared
    > > >>> without a trace, also probably located in NJ or
    > > in or near PA.
    > > >>>
    > > >>> But, after Morris' Mint dissolved (for reasons
    > > yet unclear to me)
    > > >>> the
    > > >>> US Mint became itinerant just as the US Congress
    > > was itinerant until
    > > >>> it settled down in a physical building in the
    > > District of
    > > >>> Columbia . .
    > > >>> . and the Mint also after July 18, 1792 when the
    > > government
    > > >>> purchased
    > > >>> lot 37 and 39 North Seventh Street and 631
    > > Filbert Street,
    > > >>> Philadelphia.
    > > >>>
    > > >>> It seems as though the early nascent government
    > > saw a more practical
    > > >>> application in being itinerant at that time, not
    > > only with Congress
    > > >>> but with the branch of the US Treasury
    > > outsourcing US Mints and
    > > >>> coiners, probably explaining why they dissolved
    > > what Morris had
    > > >>> started for Congress in 1782.
    > > >>>
    > > >>> As you well know the US Mint formed by private
    > > contractors was very
    > > >>> functional in Rahway and Morristown, NJ, 15 years
    > > before David
    > > >>> Rittenhouse ran the new one at Philadelphia. In
    > > fact the old Rahway
    > > >>> coin press was sold to the new plant by the old
    > > coiner's widow.
    > > >>>
    > > >>> The other Early Federal Mints coined in New York,
    > > also, an outside
    > > >>> contractor at Vermont, etc. These were all
    > > necessarily US Federal
    > > >>> Mints, albeit though outsourced under contract
    > > coiners who used
    > > >>> their
    > > >>> own equipment and physical plants. Since the
    > > executive government
    > > >>> had
    > > >>> already empowered Congress with the exclusive
    > > right to coin, ipso
    > > >>> facto, all the post 1776 American minted coins
    > > are Early Federal
    > > >>> issues, just as the paper money was too.
    > > >>>
    > > >>> New Jersey coppers are US coinage struck at the
    > > Early Federal
    > > >>> outsourced Mints located in Rahway and
    > > Morristown, NJ. They were
    > > >>> private contractors, coiners hired by the state
    > > legislature acting
    > > >>> under the direction and guidance of the US
    > > Congress -- who alone had
    > > >>> exclusive executive authority to order coinage
    > > with supreme control
    > > >>> over it.
    > > >>>
    > > >>> Keeping this under the banner of C4 is not only
    > > clouding the issues
    > > >>> but keeping it out of focus and not doing the
    > > subject matter the
    > > >>> justice it rightly deserves.
    > > >>>
    > > >>> American History textbooks do not even have it
    > > straight. The Red
    > > >>> Book
    > > >>> is so messed up it contributes to the chaos and
    > > status quo.
    > > >>>
    > > >>> I would like to either be on the board of editors
    > > to revamp the Red
    > > >>> Book or else find a publisher willing to make a
    > > new US Coin Guide
    > > >>> Book, or else beyond that, find others willing to
    > > start-up a new
    > > >>> company and produce it ourselves.
    > > >>>
    > > >>> C4 is here to stay, Ray. Nobody wants to see C4
    > > do anything but
    > > >>> flourish -- but focused on its proper subject
    > > matter, not that which
    > > >>> is not part of it at all.
    > > >>>
    > > >>> In order for our understanding and appreciation
    > > of Early Federal
    > > >>> history, financing, banking, and so on to advance
    > > in our minds and
    > > >>> hearts C4 is surely big enough to let it go off
    > > on its own; like a
    > > >>> mature parent who sees its child grown big enough
    > > to go out into the
    > > >>> world and make it independently.
    > > >>>
    > > >>> For the good of US Economic History I propose
    > > that a new Society of
    > > >>> Early American Numismatics (SEAN) focuses on
    > > research of coins,
    > > >>> medals
    > > >>> and paper money issued from 1776 until 1793, as a
    > > new and
    > > >>> independent
    > > >>> organization to advance the science of Early
    > > American Federal
    > > >>> Numismatics.
    > > >>>
    > > >>> Keep smiling,
    > > >>> John
    > > >>>
    > > >>> --- In colonial-coins@yahoogroups.com, Ray
    > > Williams <njraywms@>
    > > >>> wrote:
    > > >>>>
    > > >>>> That was well thought out John. I believe the C4
    > > name is here to
    > > >>> stay, even if it may be technically inaccurate in
    > > many instances. I
    > > >>> think that "Pre-Federal" or "Pre-Mint" more
    > > accurately describes
    > > >>> what
    > > >>> we collect and the areas in which we specialize.
    > > There are some
    > > >>> coins
    > > >>> that we include out of tradition, that don't fit
    > > the parameters of
    > > >>> "Pre-Federal" or "Pre-Mint", but that's okay.
    > > Some even call thos
    > > >>> Canadian things made by Blacksmiths as
    > > "Colonial"! <BG> But they
    > > >>> were colonial for Canada... just not 18th Century
    > > products. This is
    > > >>> always an interesting topic, especially when I
    > > can get David Palmer
    > > >>> involved somehow... <s>
    > > >>>> Ray
    > > >>>>
    > > >>>>
    > > >>>> ----- Original Message -----
    > > >>>> From: John Lupia
    > > >>>> To: colonial-coins@yahoogroups.com
    > > >>>> Sent: Thursday, June 07, 2007 8:40 AM
    > > >>>> Subject: Re: [Colonial Numismatics] Re: What is
    > > a Colonial Coin?
    > > >>>>
    > > >>>>
    > > >>>> The 14 year experiment break from EAC with the
    > > >>>> emergence of the independent C-4 has done a
    > > fantastic
    > > >>>> job in perpetuating (unknowingly) Very Advanced
    > > EAC
    > > >>>> studies, and Very Advanced Colonial Numismatic
    > > >>>> Studies. C-4 deserves a round of applause for
    > > the
    > > >>>> enormous task of tackling the bulk of research
    > > the
    > > >>>> Large Cent people were not interested in
    > > pursuing.
    > > >>>>
    > > >>>> The grassroots EAC material of the earliest
    > > Federal
    > > >>>> Coinages has been the work of C4 members and the
    > > bulk
    > > >>>> of what has appeared in the CNL and C4
    > > Newsletter.
    > > >>>> Kudos to all who did that work.
    > > >>>>
    > > >>>> Time has come to label the material properly
    > > >>>> classifying and categorizing them correctly as
    > > Early
    > > >>>> Federal Coinages, and separating them from what
    > > truly
    > > >>>> is Colonial Numismatics.
    > > >>>>
    > > >>>> The question is asked what is a colonial coin .
    > > .
    > > >>>> what I think is meant is what qualifies any coin
    > > to be
    > > >>>> properly classified as a colonial coin? Just
    > > about
    > > >>>> everyone on this list really knows this answer
    > > very
    > > >>>> well. All American minted coins minted prior to
    > > 1776
    > > >>>> and all coinages circulating in America as
    > > currency up
    > > >>>> to 1776. After 1776 all American minted coins
    > > are
    > > >>>> Early Federal Coinages and all other non
    > > American
    > > >>>> minted coinages circulating are now legally
    > > foreign
    > > >>>> currency with US Congress setting the value
    > > equal to
    > > >>>> USA value. Also, US colonial minted coins, i.e.,
    > > coins
    > > >>>> minted in America prior to 1776 are the
    > > authentic US
    > > >>>> colonial coins that still circulated regularly
    > > up to
    > > >>>> about 1857. So we have Foreign Colonial Coins
    > > >>>> circulating in American, and American US
    > > Colonial
    > > >>>> coins. Now, this does not include the Republic
    > > of
    > > >>>> Vermont which was an independent nation from
    > > 1775 to
    > > >>>> 1791. Legally organized and renamed Vermont from
    > >
    > > >>>> January 15-June 8,1777. All Vermont colonials
    > > remain
    > > >>>> American colonial coins. Vermont became the 14th
    > > state
    > > >>>> in 1791.
    > > >>>>
    > > >>>> Now for some more good news the economic status
    > > of all
    > > >>>> Early Federal coin and currency issues will go
    > > soaring
    > > >>>> through the glass ceiling once public perception
    > > sees
    > > >>>> clarity out of the confusion.
    > > >>>>
    > > >>>> Up until now colonial numismatics including
    > > currency
    > > >>>> has attracted few comparatively as a market
    > > share
    > > >>>> within all of American numismatics. Why? People
    > > find
    > > >>>> the genre confusing, blurry, a jumbled mess, and
    > > fear
    > > >>>> to go there since it comes off too complicated
    > > not
    > > >>>> clear or understood what it really is and
    > > reluctance
    > > >>>> to invest money into something they do not
    > > properly
    > > >>>> understand.
    > > >>>>
    > > >>>> Once the clarity rings into public perception
    > > what
    > > >>>> state coinages really are -- the earliest
    > > Federal
    > > >>>> coinages issued by US Congress and ratified
    > > through
    > > >>>> each state legislature -- where the Congress was
    > > being
    > > >>>> held in that state that year -- simultaneously
    > > >>>> together with paper currency of issue-- pouring
    > > >>>> coinage and paper money into each state treasury
    > > and
    > > >>>> into the National Bank of North America, . . .
    > > >>>> collectors and dealers will see values triple,
    > > and
    > > >>>> then, finally reach the point of being
    > > untouchable.
    > > >>>>
    > > >>>> So EAC and C4 need to reevaluate and perhaps
    > > form a
    > > >>>> third organization of Early Federal Numismatics
    > > that
    > > >>>> deals with coin and currency that historically
    > > we
    > > >>>> received from the 19th century numismatists who
    > > passed
    > > >>>> it onto us through their literature as
    > > colonials. I
    > > >>>> suggest naming it the Society of Early American
    > > >>>> Numismatics (SEAN)
    > > >>>>
    > > >
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  • 2007-06-09
Volume
  • 1

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