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US Corn Prices: Shillings in Paper, Silver and Gold
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<p>[QUOTE="Juan Blanco, post: 1565523, member: 41665"]I came across this quote in an old-timey book (1948) the original from 1898: <i>Home Life in Colonial Days</i>, by Alice Morse Earle.</p><p><br /></p><p><br /></p><p><br /></p><p>Couple of observations to be made here. </p><p>1) From another commodity study I've made, historical observers to often mix coin and paper values. The "Shillings" in question might be Coin Silver in 1672 and Paper in 1747, no? And in different States, different values.</p><p>2) Corn obviously didn't have a 'steady value' if famine or bumper-crops changed Supply/Demand. What's needed is a PM coin price, to see that more clearly.</p><p>3) Corn as Money. Hmm. I need to think about that.</p><p><br /></p><p>So - to the first observation - is there an online concordance (table) of Colonial Silver Gold and Currency values, 1631-1775 for the different 'states'?</p><p>Thanks![/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1565523, member: 41665"]I came across this quote in an old-timey book (1948) the original from 1898: [I]Home Life in Colonial Days[/I], by Alice Morse Earle. Couple of observations to be made here. 1) From another commodity study I've made, historical observers to often mix coin and paper values. The "Shillings" in question might be Coin Silver in 1672 and Paper in 1747, no? And in different States, different values. 2) Corn obviously didn't have a 'steady value' if famine or bumper-crops changed Supply/Demand. What's needed is a PM coin price, to see that more clearly. 3) Corn as Money. Hmm. I need to think about that. So - to the first observation - is there an online concordance (table) of Colonial Silver Gold and Currency values, 1631-1775 for the different 'states'? Thanks![/QUOTE]
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