Quote: "redsmithstudios"Where did you get this from? Is it originally from Virginia, minted in Virginia?
I can’t remember where exactly I got it but as far as I’m concerned is a genuine piece. They’re regarded as a Token because they were minted without royal approval if I remember correctly.
If they are listed as a token, then they are listed incorrectly. Virginia's Royal Charter gave the colony the mint right (the only colony that had it). The Virginia Assembly ordered the coins from the Tower Mint.
When the Colonial Treasurer of Virginia received the coins from England, he insisted on a Royal Proclamation before he would release them for circulation. It took a year for him to get that, and by that time, the Colonials generally refused to circulate them.
There are two major varieties--with or without a stop after GEORGIVS.
Quote: "halfdisme"If they are listed as a token, then they are listed incorrectly. Virginia's Royal Charter gave the colony the mint right (the only colony that had it). The Virginia Assembly ordered the coins from the Tower Mint.
When the Colonial Treasurer of Virginia received the coins from England, he insisted on a Royal Proclamation before he would release them for circulation. It took a year for him to get that, and by that time, the Colonials generally refused to circulate them.
There are two major varieties--with or without a stop after GEORGIVS.
Quote: "halfdisme"If they are listed as a token, then they are listed incorrectly. Virginia's Royal Charter gave the colony the mint right (the only colony that had it). The Virginia Assembly ordered the coins from the Tower Mint.
When the Colonial Treasurer of Virginia received the coins from England, he insisted on a Royal Proclamation before he would release them for circulation. It took a year for him to get that, and by that time, the Colonials generally refused to circulate them.
There are two major varieties--with or without a stop after GEORGIVS.
So these were not used? What became of them all, did they sit in storage or get melted?
Taking a break from swapping for a while, but still interested in pre 1799 Spanish coins, I will make time for that!
Breen indicates that about 5 tons of the coins were received by the Colonial Treasurer, but few circulated until the 1780s, when many lightweight coppers were in circulation.
One of mine grades AG, so they definitely were used.
An original keg of the coins was discovered prior to the Civil War (1861), and this is the primary source for the Uncirculated coins available today. The remnants of that keg--about 2,200 pieces--were sold by the descendents of Col. Mendes Cohen in 1929.
Of all the Colonial coins, this is the most available in Uncirculated condition (for about $900).
There is a short write-up on the coins in the Redbook, but there is an expanded discussion in Walter Breen's "Complete Encyclopedia of U. S. and Colonial Coins". There is also a newer Colonial coin book by Q. David Bowers, but I do not have it in front of me.
While these may not be online, they should be available at your local library.