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<p>[QUOTE=&quot;kevin McGonigal, post: 2035439, member: 72790&quot;]Yes, I understand that the NJ coppers were valued by the state at 15 to the shilling. Since in Britain it was 12 pence to the shilling this seems to have given the NJ pieces a value closer to the penny than the half penny. This, of course, was complicated by the fact that NJ had its own shilling, going back to when the Colony had valued its shillings based on the Spanish milled dollar at 7 shillings, six pence per dollar, a rate which overvalued the NJ shilling compared to Sterling. I wish I could find some kind of primary source document, bill of sale, advertising, that would have stated how a purchase price for a product would be based on the mdium of exchange to be used. Thanks for your response. If you find any more, please let me know.[/QUOTE]</p><p><br /></p>

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