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1870-S Coinage in the mint cornerstone???
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<p>[QUOTE="Conder101, post: 287251, member: 66"]And it is probably a very good theory considering the one 70-S 3 dollar gold known today has initials scratched in it and at one time it had a loop soldered to it for use as a watch fob. Hardly something you would do with rare coins that you had gone to great risk to steal from the cornerstone of a government building.</p><p><br /></p><p>It also makes sense in another way. If you were producing coins to place in the cornerstone you wouldn't have a problem coming up with nice examples of the coins already being made for circulation, but what about those coins which were NOT being made? Getting the dies wouldn't be hard, just have them shipped from Philadelphia. After all that is where all of your dies come from. (Of course there can be some problems with that as well. The gold dollar and 3 dollar dies arrived without the mintmark on them.) Then how do you strike them? Put the dies in the press and try and turn the press on and off again so as to try and strike a single coin? What if it doesn't look good, try again? More sensible would be to turn the press on and let it run a few cycles producing from two to a dozen coins and then you have a group from which you can select the coin you want. This would explain why there are two half dimes (one cornerstone in in collectors hands) two 3 dollar golds (one cornerstone, one in collectors hands), and 10 silver dollars. (Possibly they started with the dollars and found the didn't have to run the press quite as many cycles so they cut back on the 3 dollar and half dime.) This would also mean that there is probably still an 1870-S quarter out there waiting to be discovered.</p><p><br /></p><p><br /></p><p>Most people tend to think that the cornerstone would be in a corner of the building, and you see a lot of buildings with a fancy stone with the date on it in the corner of modern buildings. But a ceremonial cornerstone can be placed ANYWHERE in a building. (The cornerstone of the second Philadelphia mint was "placed" a couple weeks before they even began the foundations. there was no corner to put it in. The ceremony was held but I believe the cornerstone items were taken back to the first mint and actually placed in the final cornerstone later.) So the SF cornerstone could be anywhere, in a wall, under the foundation, under the floor. I believe the mint had later additions put on it as well. The cornerstone could be hidden behind on of these additions as well and be inaccessible.</p><p><br /></p><p>As mentioned the 2nd SF mint is still in existence today. Typically cornerstones of old buildings are found and opened when a building is demolished. This hasn't happened with the old mint and until it does we may never know the truth about the cornerstone.</p><p><br /></p><p><br /></p><p>The old SF mint was one of the few building to survive the 1906 quake and subsequent fire relatively unscathed.</p><p><br /></p><p><br /></p><p>I think that is a bit of an exaggeration, but you would not be able to go around unescorted, there would be some areas you would NOT be allowed to go into, and I do think they would object if you started trying to knock a hole in the wall.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 287251, member: 66"]And it is probably a very good theory considering the one 70-S 3 dollar gold known today has initials scratched in it and at one time it had a loop soldered to it for use as a watch fob. Hardly something you would do with rare coins that you had gone to great risk to steal from the cornerstone of a government building. It also makes sense in another way. If you were producing coins to place in the cornerstone you wouldn't have a problem coming up with nice examples of the coins already being made for circulation, but what about those coins which were NOT being made? Getting the dies wouldn't be hard, just have them shipped from Philadelphia. After all that is where all of your dies come from. (Of course there can be some problems with that as well. The gold dollar and 3 dollar dies arrived without the mintmark on them.) Then how do you strike them? Put the dies in the press and try and turn the press on and off again so as to try and strike a single coin? What if it doesn't look good, try again? More sensible would be to turn the press on and let it run a few cycles producing from two to a dozen coins and then you have a group from which you can select the coin you want. This would explain why there are two half dimes (one cornerstone in in collectors hands) two 3 dollar golds (one cornerstone, one in collectors hands), and 10 silver dollars. (Possibly they started with the dollars and found the didn't have to run the press quite as many cycles so they cut back on the 3 dollar and half dime.) This would also mean that there is probably still an 1870-S quarter out there waiting to be discovered. Most people tend to think that the cornerstone would be in a corner of the building, and you see a lot of buildings with a fancy stone with the date on it in the corner of modern buildings. But a ceremonial cornerstone can be placed ANYWHERE in a building. (The cornerstone of the second Philadelphia mint was "placed" a couple weeks before they even began the foundations. there was no corner to put it in. The ceremony was held but I believe the cornerstone items were taken back to the first mint and actually placed in the final cornerstone later.) So the SF cornerstone could be anywhere, in a wall, under the foundation, under the floor. I believe the mint had later additions put on it as well. The cornerstone could be hidden behind on of these additions as well and be inaccessible. As mentioned the 2nd SF mint is still in existence today. Typically cornerstones of old buildings are found and opened when a building is demolished. This hasn't happened with the old mint and until it does we may never know the truth about the cornerstone. The old SF mint was one of the few building to survive the 1906 quake and subsequent fire relatively unscathed. I think that is a bit of an exaggeration, but you would not be able to go around unescorted, there would be some areas you would NOT be allowed to go into, and I do think they would object if you started trying to knock a hole in the wall.[/QUOTE]
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1870-S Coinage in the mint cornerstone???
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