[Game] World Coins Time Machine… Counting Backward by Year! (Plus Prize Coin)

Here is a 1724.....
AV 20,000 Reis 1724-M Minas Gerais Mint
Joao V King of Portugal/ Brazil/Colonial Empire
When they started mining gold around Minas Gerais/ a mint was founded there to producing vast numbers of gold coins/ a lot of common sense

 

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My 1724 is another Shilling:

 

Here is 1723. It's pretty worn. It is a 1723 Dutch Republic 2 Stuivers. This is the area of the world most of my family came from, so it is interesting to me for that.

 

Marvelous medal, and MARVELOUS photo. Is that a NGC photo?

 

Heritage auction photo.

No, not NGC. My own images came back "too big" so I lifted the Heritage auction photos before the thread passed me by.

 

As we seem to have started 1723 already, here is my offering - I have the four different sizes of Silver with the SSC mark for "South Seas Company", known to history for the South Seas Bubble when the share price collapsed bankrupting many investors.
The Four together:

Then the Crown:

Remainder in next post...

 

Then the 1723 Half Crown, Shilling and Sixpence in that order:

 

(even more SSC coin) 1723 British shilling, SSC (South Seas Company)


From https://24carat.co.uk/frame.php?url=1723sscshilling.html The letters 'SSC' on the reverse of this coin denote the fact that the silver was supplied by the South Sea Company, which was at the centre of a major financial catastrophe known as the 'South Sea Bubble' in 1720. The South Sea Company had been granted a charter to trade with the Spanish colonies in South America, and the company vastly over-inflated its share price by giving the impression to shareholders, the government, and the public that its potential for growth was larger than it actually was. In fact, its opportunities were limited by the restrictions put upon it by the King of Spain, who only permitted one ship per year carrying a cargo of no more than 500 tons to land in a Spanish-controlled port ...By 1720, share prices had reached an astonishing £1,000 per share (unadjusted for modern-day inflation!), but doubts about the profitability of the company crept in, and shareholders started to doubt the viability of the company, with the result that share prices collapsed as shareholders tried to get rid of their shares … However, the company itself survived until the 1850s …

These coins are relics of an event which, given current events, have a certain resonance.



Some sites (Wikipedia, Numista) say the silver for the SSC coinage came from SSC mines in Indonesia. Other sites (Coin World, British Museum) say it came from South America. None of these sites gave references. So ... ???! There was another reference that I found on CoinTalk #8. It's why I added this paragraph.

@lordmarcovan also has a dandy MS63+ SSC shilling, and nice write-up that I ran across in my searches. I hope he post it.

I thought it would be interesting to compare the rise in SSC stock to that recently in Bitcoin.


South Seas Co. Chart of company stock prices.
From https://en.wikipedia.org/wiki/South_Sea_Company

Bitcoin chart from: https://www.worldcoinindex.com/coin/bitcoin

 

Let me see if I understand this correctly. Your images were too big?!!! Can you take pictures with that kind of resolution?! What camera are you using?!

 

Interestingly the SSC coins were not the only "sponsored" coin produced in 1723. You can also come across shillings marked "WCC" for the Welsh Copper Company. These are much scarcer than other Shillings from around that time and typically fetch more than five time as much as an ordinary shilling and fifteen times as much as an SSC shilling. I saw one once, but I do not own one sadly.

 

Apparently, these 1723 coins are very common. Shilling:

 

Deleted.

 

1723 Ireland, Wood’s Hibernia half penny. Also circulated in Colonial North America


While preparing for this post, I came across a significant numismatic paper on Wood’s Hibernia coinage which in the authors words, “presents a revised view of what is commonly referenced on the subject.” I posted an excerpt from it in a new thread to make it available to wider range of members.

Link to the post: Did you know that Woods Hibernia coinage was used extensively in Ireland?

 

Me too

 

I have an old Olympus C-750 with a 55mm macro lens. By the time I merge an obverse and reverse image, it can be up to 6600x3300 pixels. I've now reduced this image to 1/4 size so CoinTalk will accept it.

 

Back to a farthing for 1722:

 

1722 -- Pfalz Electoral Pfalz, 20 kreuzer:

 

I will post my 1723 example from Koln.

 

1722 British halfpenny