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<p>[QUOTE="johnmilton, post: 24586825, member: 101855"]The [USER=102103]@The Eidolon[/USER] makes a good point about the demand for copper for ship bottoms. Still, “the cart wheels” were given their excessive weight because they were examples of copper coins that had a metal content that was close to their face value. </p><p><br /></p><p>Why didn’t the Royal Mint produce more copper coins when there was a demand for them prior to the troubles with France? Another response I got elsewhere said that there was a shortage of silver which explained why the mint was not making those coins. The gold coinage was curtailed when large quantities of gold were shipped to the continent to fund surrogate countries to fight Napoleon. It seems like a lot of the capacity of the Tower of London Mint was sitting idle. </p><p><br /></p><p>Things didn’t get straightened out until the coinage reform and opening of a new mint with steam driven presses in 1817. </p><p><br /></p><p>[USER=96746]@robp[/USER] makes a good point that Maundy sets were not a big item at this time. Still, it’s hard to believe that tiny coins, like the silver penny and two pence, were much good in circulation.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 24586825, member: 101855"]The [USER=102103]@The Eidolon[/USER] makes a good point about the demand for copper for ship bottoms. Still, “the cart wheels” were given their excessive weight because they were examples of copper coins that had a metal content that was close to their face value. Why didn’t the Royal Mint produce more copper coins when there was a demand for them prior to the troubles with France? Another response I got elsewhere said that there was a shortage of silver which explained why the mint was not making those coins. The gold coinage was curtailed when large quantities of gold were shipped to the continent to fund surrogate countries to fight Napoleon. It seems like a lot of the capacity of the Tower of London Mint was sitting idle. Things didn’t get straightened out until the coinage reform and opening of a new mint with steam driven presses in 1817. [USER=96746]@robp[/USER] makes a good point that Maundy sets were not a big item at this time. Still, it’s hard to believe that tiny coins, like the silver penny and two pence, were much good in circulation.[/QUOTE]
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