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<p>[QUOTE="scottishmoney, post: 7666913, member: 12789"]Actually there is a reason, the older coins were called in and melted much later on in the very early 19th century when another great re-coinage happened ca. 1816. Back then anything from the milled coinage beginning in 1662 onwards circulated a long time - so early in the 19th century the Royal Mint finally got off their duffs and decided it was time to stimulate the economy during the Napoleonic wars with all new coinage - silver and gold. Sterling and gold values were then fixed in 1816 and the new coins struck on steam powered presses were cranked out - oft struck on smelted earlier coinage.</p><p><br /></p><p>Small change is an interesting tale in of in itself, the Royal Mint had rather neglected minting much in the way of bronze coinage for quite sometime until 1797 with Matthew Boulton's steam powered presses striking the ounce pennies and two ounce tuppence coinages. Even that wasn't satiating the needs of commerce as obviously the Conder Tokens in bronze and silver were struck through the beginning of the Napoleonic wars. It is impressive that even gold tokens in the value of 20/- and 40/- were struck in 1812.</p><p><br /></p><p>I own a book that details surveys of coinage in Scotland and Yorkshire in 1840 - quite a fascinating study on what actually was in circulation - actually quite a number of the 1797 Boulton coins were still serving valiantly for their country.[/QUOTE]</p><p><br /></p>
[QUOTE="scottishmoney, post: 7666913, member: 12789"]Actually there is a reason, the older coins were called in and melted much later on in the very early 19th century when another great re-coinage happened ca. 1816. Back then anything from the milled coinage beginning in 1662 onwards circulated a long time - so early in the 19th century the Royal Mint finally got off their duffs and decided it was time to stimulate the economy during the Napoleonic wars with all new coinage - silver and gold. Sterling and gold values were then fixed in 1816 and the new coins struck on steam powered presses were cranked out - oft struck on smelted earlier coinage. Small change is an interesting tale in of in itself, the Royal Mint had rather neglected minting much in the way of bronze coinage for quite sometime until 1797 with Matthew Boulton's steam powered presses striking the ounce pennies and two ounce tuppence coinages. Even that wasn't satiating the needs of commerce as obviously the Conder Tokens in bronze and silver were struck through the beginning of the Napoleonic wars. It is impressive that even gold tokens in the value of 20/- and 40/- were struck in 1812. I own a book that details surveys of coinage in Scotland and Yorkshire in 1840 - quite a fascinating study on what actually was in circulation - actually quite a number of the 1797 Boulton coins were still serving valiantly for their country.[/QUOTE]
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