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Was properly hallmarked silverware accepted as money in Great Britain and it's colonies?

291fifth291fifth Posts: 23,945 ✭✭✭✭✭
in World & Ancient Coins Forum

Could it be used to pay debts without being melted and made into coins?

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    WorldCoinsDmitryWorldCoinsDmitry Posts: 367 ✭✭✭
    edited August 2, 2018 12:48AM

    It was all about good silver, regardless of form, shape or issuer. If the assay and weight was there, all else didn't matter. At least for the colonies, probably same in GB.

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    SaorAlbaSaorAlba Posts: 7,482 ✭✭✭✭✭

    Early paper money in the N. American colonies referenced being redeemed in plate silver of such and such a fineness and weight. It is possible that silverware was used as a form of exchange, but not often as there wasn't much available in the N. American colonies.

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    ashelandasheland Posts: 22,695 ✭✭✭✭✭

    That was one of the reasons for assay and hallmarking in the UK

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    WeissWeiss Posts: 9,935 ✭✭✭✭✭

    @SaorAlba said:
    Early paper money in the N. American colonies referenced being redeemed in plate silver of such and such a fineness and weight. It is possible that silverware was used as a form of exchange, but not often as there wasn't much available in the N. American colonies.

    I'd love to see a bill that references silver plate if anyone knows a reference for that type of currency.

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