Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
1795 Anti Slavery Token - Condor?
>
Reply to Thread
Message:
<p>[QUOTE="Prestoninanus, post: 852081, member: 20205"]I don't believe it was quite as simple as that. George III had no problem with copper coinage bearing his image (after all, he and his predecessors back to Charles II had copper coinage bearing their portraits). The problem was, the Royal Mint had by this point become very decrepit and out of date, and was struggling to mint coins at a profit, even with gold and silver (the latter of which was seldom available). From that point on, Britain had more pressing issues to contend with (the American War and the threat of invasion from France, Spain and Holland) than to worry about the state of England's small change, so the counterfeiters filled the gaps in, along with the conder issuers who were dissatisfied with the counterfeit issues.</p><p> It wasn't until Boulton and Watt (previously employed on manufacturing said tokens) came along with their steam-produced cartwheel issues that official copper issues could be produced in enough quantities at a profit again, and it wasn't until Boulton and Watt had installed some of their patent coin pressing machinery at the Royal Mint's new premises on Tower Hill that the Royal Mint could handle copper coinage in-house (which it started to do again from 1821, after the once ample supplies of 1799, 1806 and 1807 Soho-Mint issues of pennies and half-pennies started to become inadequate)...[/QUOTE]</p><p><br /></p>
[QUOTE="Prestoninanus, post: 852081, member: 20205"]I don't believe it was quite as simple as that. George III had no problem with copper coinage bearing his image (after all, he and his predecessors back to Charles II had copper coinage bearing their portraits). The problem was, the Royal Mint had by this point become very decrepit and out of date, and was struggling to mint coins at a profit, even with gold and silver (the latter of which was seldom available). From that point on, Britain had more pressing issues to contend with (the American War and the threat of invasion from France, Spain and Holland) than to worry about the state of England's small change, so the counterfeiters filled the gaps in, along with the conder issuers who were dissatisfied with the counterfeit issues. It wasn't until Boulton and Watt (previously employed on manufacturing said tokens) came along with their steam-produced cartwheel issues that official copper issues could be produced in enough quantities at a profit again, and it wasn't until Boulton and Watt had installed some of their patent coin pressing machinery at the Royal Mint's new premises on Tower Hill that the Royal Mint could handle copper coinage in-house (which it started to do again from 1821, after the once ample supplies of 1799, 1806 and 1807 Soho-Mint issues of pennies and half-pennies started to become inadequate)...[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
1795 Anti Slavery Token - Condor?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...