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<p>[QUOTE="scottishmoney, post: 404052, member: 12789"]Usually back then when they were minted they were accounted for more by their weight and when and how many tonnes of copper-bronze etc. were purchased for the coinage. The records for the coinage by weight often stretched the purchase over several years, and unbelievably to our modern senses, no real accounting for the coins by date were kept. </p><p><br /></p><p>It was a very similar pattern for Scottish coinage in the 17th century, Irish contract coinage by William Wood in the 1720's and even the <i>Rosa Americana </i>coins for North America that were minted by William Wood.</p><p><br /></p><p>Curiously, but not incredibly, inaccuracies did result when audits came. The Scottish mint was shuttered in 1682 after differences were noted betwixt the amount of bronze purchased from Sweden and that which was actually stamped into bawbees and bodles. Irish coinage was very intermittent, and often underweight. Needless to say, Ireland was a place where someone could devalue the coinage a bit and get away with it, whereas in England such was not possible. </p><p><br /></p><p>For this reason the Irish and Rosa Americana pieces were either banned outright as in Massachusetts Bay, or frowned upon in other Colonial American areas because of the lower metal vs. value of the coin ratios.[/QUOTE]</p><p><br /></p>
[QUOTE="scottishmoney, post: 404052, member: 12789"]Usually back then when they were minted they were accounted for more by their weight and when and how many tonnes of copper-bronze etc. were purchased for the coinage. The records for the coinage by weight often stretched the purchase over several years, and unbelievably to our modern senses, no real accounting for the coins by date were kept. It was a very similar pattern for Scottish coinage in the 17th century, Irish contract coinage by William Wood in the 1720's and even the [I]Rosa Americana [/I]coins for North America that were minted by William Wood. Curiously, but not incredibly, inaccuracies did result when audits came. The Scottish mint was shuttered in 1682 after differences were noted betwixt the amount of bronze purchased from Sweden and that which was actually stamped into bawbees and bodles. Irish coinage was very intermittent, and often underweight. Needless to say, Ireland was a place where someone could devalue the coinage a bit and get away with it, whereas in England such was not possible. For this reason the Irish and Rosa Americana pieces were either banned outright as in Massachusetts Bay, or frowned upon in other Colonial American areas because of the lower metal vs. value of the coin ratios.[/QUOTE]
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