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The coinage throughout the period was milled, produced by a variety of machinery, though the old hammered coinage still remained as legal tender until 1696. Unlike previous eras, three basic metals were used, gold, silver and copper, the latter replaced temporarily by a tin coinage 1684-1693. During the reign of George III production of silver ...
Tin coinage. A depiction of tin ingots from a 1699 map of Cornwall. Tin ingot moulds outside a Cornish mine. In Devon and Cornwall, tin coinage was a tax on refined tin, payable to the Duchy of Cornwall and administered in the Stannary Towns. The oldest surviving records of coinage show that it was collected in 1156.
patent for manufacturing the copper coins also had a statutory duty to take in the old tin coin and reimburse with the new copper coin; but the patentees seem to have been very tardy in fulfilling this obligation,13 which was rescinded in 1 699. When considering what happened to this surplus tin coin, 1 4
There are proofs of the farthings in silver. A farthing also occurs on a thick flan of copper of much larger module than usual. Snelling mentions copper farthings of 1692 and 1693; an example of that of 1692 has recently occurred with long hair as on the tin coins, but I have not succeeded in tracing any example of 1693. PATTERNS
Jul 6, 2023 · The English monetary revolution—by creating a new form of money that was centrally important to the state and the elite, but which the great mass of the people never handled, and by effectively removing from circulation the ostensible standard coin of the kingdom—widened the gulf between those worlds even as it brought growing numbers of people into the ranks of those with a direct ...
In 1693 the monarchs reinstituted copper farthings and in 1694 produced copper halfpence and farthings. An act of April 17, 1694 stopped all production of tin coins and offered to exchange the less valuable tin coins for new copper coins. Within a month, by May 16, 1694, the government had recieved £40,000 in tin coins from this exchange ...
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What happened to tin coins in 1693?
What happened to tin coins in 1694?
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These tin coins had an alarming rate of wear from circulation. The Ferryman’s hoard of W&M tin coins from the River Thames in the 1970’s was made up of 1690 through to 1692 tin coins. There were no copper 1694 coins leading to the conclusion that the purse was dropped into the Thames 1693 or earlier. Of the many coins, the 1690’s were all ...