Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Daughter Excited About Coins
>
Reply to Thread
Message:
<p>[QUOTE="Ed Zak, post: 11939, member: 824"]<b>Why these gold bars were long and narrow...</b></p><p><br /></p><p>I've been to Mel Fisher's museum in Key West as well as the store at the Gaylord Resort and asked <b>why are many of the recovered gold bars long and narrow?</b></p><p><br /></p><p>Apparently, the Spanish goverment back then taxed anything of value that was brought back from the New World. Obviously, gold was one of those items, so many of the Spanish sailors would smuggle in these gold bars to avoid paying taxes. One of the ways to smuggle in gold was to melt it in long narrow strips so that these sailors could hide them in the leg of their boot as they walked off the ship.</p><p><br /></p><p>Sure enough the government caught on and instructed their tax collectors to "<b>watch the leg of their boot</b>" for smugglers...their boot leg, and hence the term <span style="color: red"><b>bootlegger</b></span> was born as a term for smuggling!</p><p><br /></p><p>I call these I.B.U.'s...interesting but unimportant.[/QUOTE]</p><p><br /></p>
[QUOTE="Ed Zak, post: 11939, member: 824"][b]Why these gold bars were long and narrow...[/b] I've been to Mel Fisher's museum in Key West as well as the store at the Gaylord Resort and asked [B]why are many of the recovered gold bars long and narrow?[/B] Apparently, the Spanish goverment back then taxed anything of value that was brought back from the New World. Obviously, gold was one of those items, so many of the Spanish sailors would smuggle in these gold bars to avoid paying taxes. One of the ways to smuggle in gold was to melt it in long narrow strips so that these sailors could hide them in the leg of their boot as they walked off the ship. Sure enough the government caught on and instructed their tax collectors to "[B]watch the leg of their boot[/B]" for smugglers...their boot leg, and hence the term [COLOR=red][B]bootlegger[/B][/COLOR] was born as a term for smuggling! I call these I.B.U.'s...interesting but unimportant.[/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
>
US Coins Forum
>
Daughter Excited About Coins
>
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...