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<p>[QUOTE=&quot;cpm9ball, post: 1314615, member: 24633&quot;]The silver ore wasn&#039;t refined in or around Virginia City. The silver ore was transported by railroad to San Francisco where it was assayed and refined, but not all of it was refined at the San Francisco Mint. You see, it was standard practice for the US to charge the owners a seigniorage of one-half of one percent for converting the bullion into coin. At the same time, they could ship the bullion to France or England where they were only charged one-fifth of one percent. As a result, some of the ore was refined by private companies and then shipped by boat to Europe.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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