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<p>[QUOTE=&quot;Gam3rBlake, post: 5397177, member: 115909&quot;]I understand that but where did the gold and silver come from? Like where did they get mined/extracted from the ground?</p><p><br /></p><p>Im guessing most came from Europe?</p><p><br /></p><p>Or maybe they melted down foreign silver &amp; gold coins and re-minted them?</p><p><br /></p><p>I know American merchants did a lot of international trade and pre-American coinage it was often done with silver Spanish Milled Dollars. So maybe they melted those down? Also British sovereigns were gold coins so maybe those were melted too? French livres were gold as well.</p><p><br /></p><p>The South had a big cotton trade and Europe loved cotton so I imagine they paid for it in gold &amp; silver back in those days.[/QUOTE]</p><p><br /></p>

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