British pounds as currency.

Discussion in 'Coin Chat' started by furham, Feb 24, 2023.

  1. furham

    furham Good Ole Boy

    This document is a marriage contract for my 2nd great grandparents dated 1851 in Kentucky. As you can see both parties had to put up a 50 pound bond to insure the marriage took place. I was super surprised that they were still using British money as late as 1851. [​IMG]
     
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  3. Pickin and Grinin

    Pickin and Grinin Well-Known Member

  4. BuffaloHunter

    BuffaloHunter Short of a full herd Supporter

    Great piece of family history, @furham !

    Haven’t seen you in awhile, nice to have you back.
     
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  5. charley

    charley Well-Known Member

    No mystery. Settlers often used English Pounds. It was a matter of choice and County and Commonwealth affiliation. Money was not exchanged at all, unless the marriage did not occur. It was still a matter of conversion-the value of a U.S. $ to British Pounds at the time. No money really changed hands. Pounds were often used and used much later than 1851.

    I think you knew most of that, though. After all, your Grandmothers' father signed for a $100.00 Bond in 1890 in U.S. $, correct?

    Truth in editing: changed "Ponds" to "Pounds" in one appropriate location. I guess it is possible that Ponds were acceptable as a Bond...after all, it is Kentucky, so....
     
    Last edited: Feb 24, 2023
  6. GDJMSP

    GDJMSP Numismatist Moderator

    I get your point, but many foreign coins were legal tender in the US until 1857.
     
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  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    That’s a great piece of family history and I’m glad you shared it with us.
     
    furham likes this.
  8. Evan Saltis

    Evan Saltis OWNER - EBS Numis LLC

    You'd be surprised.. Spanish reales were still circulating in the states around this time. They are truly special metal detecting finds, especially in areas like where I live that the Spanish never really came to. :)
     
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