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<p>[QUOTE="Tamaracian, post: 8353136, member: 23122"][USER=101855]@johnmilton[/USER] yes I agree that there were contemporary counterfeits made, both coinage and script, however, there was no "official" federally-issued paper money until 1862, only script, and local or state bank issued notes. </p><p><br /></p><p>As for coins, there was the recently designated "first official coin", the Fugio Cent of 1787, but that was not promoted by congress as such and so it was the 1792 Half Disme that was generally considered the first official coinage of the U.S. and therefore, the following paragraph would not have applied to federal coinage, but may have applied to Colonial Coinage and foreign circulating coins within the colonies (which were legal tender until 1857).</p><p><br /></p><p><i>It should be noted that Congress desired to severely punish anyone that would attempt to defraud, this is evident via the following citation from the <b>"First Congress Session II Chapters 8, 9 Section 14" </b>and this Statute remains in force to this day (various authors have referenced this in their publications), but <b>has never</b> been enforced by penalty of death:</i></p><p><br /></p><p><span style="color: #0000ff">"SEC. 14. And be it [further] enacted, That if any person or persons shall falsely make, alter, forge or counterfeit, or cause or procure to be falsely made, altered, forged, or counterfeited, or willingly act or assist in the false making, altering, forging or counterfeiting any certificate, indent, or other public security of the United States, or shall utter, put off, or offer, or cause to be uttered, put off, or offered in payment or for sale any such false, forged, altered or counterfeited certificate, indent or other public security, with intention to defraud any person, knowing the same to be false, -altered, forged or counterfeited, and shall be thereof convicted, every such person shall suffer death.(6)"</span></p><p><span style="color: #0000ff"><br /></span></p><p><span style="color: #0000ff"></span>[/QUOTE]</p><p><br /></p>
[QUOTE="Tamaracian, post: 8353136, member: 23122"][USER=101855]@johnmilton[/USER] yes I agree that there were contemporary counterfeits made, both coinage and script, however, there was no "official" federally-issued paper money until 1862, only script, and local or state bank issued notes. As for coins, there was the recently designated "first official coin", the Fugio Cent of 1787, but that was not promoted by congress as such and so it was the 1792 Half Disme that was generally considered the first official coinage of the U.S. and therefore, the following paragraph would not have applied to federal coinage, but may have applied to Colonial Coinage and foreign circulating coins within the colonies (which were legal tender until 1857). [I]It should be noted that Congress desired to severely punish anyone that would attempt to defraud, this is evident via the following citation from the [B]"First Congress Session II Chapters 8, 9 Section 14" [/B]and this Statute remains in force to this day (various authors have referenced this in their publications), but [B]has never[/B] been enforced by penalty of death:[/I] [COLOR=#0000ff]"SEC. 14. And be it [further] enacted, That if any person or persons shall falsely make, alter, forge or counterfeit, or cause or procure to be falsely made, altered, forged, or counterfeited, or willingly act or assist in the false making, altering, forging or counterfeiting any certificate, indent, or other public security of the United States, or shall utter, put off, or offer, or cause to be uttered, put off, or offered in payment or for sale any such false, forged, altered or counterfeited certificate, indent or other public security, with intention to defraud any person, knowing the same to be false, -altered, forged or counterfeited, and shall be thereof convicted, every such person shall suffer death.(6)" [/COLOR][/QUOTE]
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