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I suspect most of what is on this old Spanish coin's holder is either vague or wrong.
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<p>[QUOTE="GDJMSP, post: 4742667, member: 112"]I'd send the pics to Dan if I were you, could be an interesting story that goes along this coin, assuming he can pin it down a bit. For instance, in the Spanish colonial mints copper was only minted for local use. Problem was, only the Spanish garrison would or could use the coins as the indigenous population flat out refused to accept them - they would only accept silver. This was largely because in the beginning when the indigenous population first got to know the Spanish, copper was disdained, cast aside as trash by the Spanish themselves, who were only interested items of gold or silver owned by the local populace. So the locals adopted this attitude towards copper as well. And when the Spanish minted copper coins for use in local commerce, the locals just wouldn't accept them as they felt like the Spaniards were trying to cheat them by giving them trash coins.</p><p><br /></p><p>As a result, very few copper coins were ever minted in the Spanish colonial mints for the most part. So, having a bit of info about that coin, assuming it can be obtained, could make it a bit more interesting as a collectible. And even the less than desirable holder adds a bit to that aspect of it.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 4742667, member: 112"]I'd send the pics to Dan if I were you, could be an interesting story that goes along this coin, assuming he can pin it down a bit. For instance, in the Spanish colonial mints copper was only minted for local use. Problem was, only the Spanish garrison would or could use the coins as the indigenous population flat out refused to accept them - they would only accept silver. This was largely because in the beginning when the indigenous population first got to know the Spanish, copper was disdained, cast aside as trash by the Spanish themselves, who were only interested items of gold or silver owned by the local populace. So the locals adopted this attitude towards copper as well. And when the Spanish minted copper coins for use in local commerce, the locals just wouldn't accept them as they felt like the Spaniards were trying to cheat them by giving them trash coins. As a result, very few copper coins were ever minted in the Spanish colonial mints for the most part. So, having a bit of info about that coin, assuming it can be obtained, could make it a bit more interesting as a collectible. And even the less than desirable holder adds a bit to that aspect of it.[/QUOTE]
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I suspect most of what is on this old Spanish coin's holder is either vague or wrong.
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