Only Half of the US Gold produced in 1833 was brought to the US Mint
1630Boston
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Mint of the United States
Niles' Weekly Register (2/1/1834)
VOL. XLV. NO. 1167.
BALTIMORE, FEB. 1, 1834]
MINT OF THE UNITED STATES.
Mint of the U.S. Philadelphia, 1st Jan. 1834.
SIR- I have the honor to submit a report on the general transactions of the mint during the last year.
The coinage effected within that period, amounts to 3,765,710 dollars, comprising $978,550 in gold coins, $2,759,000 in silver, $28,160 in copper, and consisting of 10,307,790 pieces of coins viz:
Half eagles, 193,630 pieces, making $968,150
Quarter eagles, 4,160 10,400
Half dollars, 5,206,000 2,603,000
Quarters do. 156,000 39,000
Dismes, 485,000 48,500
Half dismes, 1,370,000 68,500
Cents, 2,739,000 27,390
Half cents, 154,000 770
10,370,790 $3,765,710
Of the amount of gold coined within the past year, about $85,000 were derived from Mexico, South America and the West Indies $12,000 from Africa; $868,000 from the gold region of the United States, and about $13,000 from sources not ascertained.
Of the amount of gold of the United States, above mentioned, about $104,000 may be stated to have been received from Virginia; $475,000 from Georgia; and about $700 from Tennessee.
The annexed statement exhibits the quantity of gold received from the several districts of the United States which have thus far produced it in sufficient quantities to become an object of regard, commencing with the year 1824. Previously to that period gold had been received at the mint only from North Carolina, from which quarter it was first transmitted for coinage in 1804. During the interval, however, from that date to 1833, inclusive, the average amount had not exceeded $2,500.
In the report of 1st January, 1833, it was remarked that the quantity of gold of the United States brought to the mint in 1832, was regarded, according to estimates entitled to great respect, as not much exceeding one half the quantity produced from the mines within that year; nearly an equal amount being supposed to have been exported uncoined, or consumed in the arts.
Nothing has since occurred to create a doubt of the correctness of that conjecture. It is altogether probable that the remark is equally true in regard to he last year, and that the amount of gold derived from the United States, within that period, has exceeded one million and a half dollars. This sum, it is believed, is not less than about one-fifth of the amount of gold produced within the same period, from all other sources, in Europe and America, estimated according to the best authorities.
I have the honor to be, with great respect, your obedient servant,
SAMUEL MOORE, director of the mint of the United States.
To the president of the United States.
Statement of the amount of gold produced annually from the gold region of the United States, from the year 1824 to 1833, inclusive.
Virginia N. Carolina S. Carolina Georgia Tennessee Alabama
1824 $5,000
1825 17,000
1826 20,000
1827 21,000
1828 46,000
1829 $2,500 134,000 $3,500
1830 24,000 204,000 26,000 212,000
1831 26,000 294,000 22,000 176,000 1,000 1,000
1832 34,000 458,000 45,000 140,00 1,000
1833 104,000 475,000 66,000 216,000 7,000
$190,500 1,674,000 162,500 744,000 9,000 1,000
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb
Bad transactions with : nobody to date
Comments
I have the honor to be, with great respect, your obedient servant,
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb
Bad transactions with : nobody to date
The quantity of U.S. gold would soon after increase dramatically.
Can you imagine such written niceties being used today? Neither salutations nor closing remark today - if any - would be remotely as respectful as it was then. Cheers, RickO
Wonder how much went to Reid and Bechtler.
TTFN
@ricko
To the Honorable Rick of O,
It is with the greatest of pleasure that I have read your post of the 24th instant. I am in total agreement with regard to the use of greetings and salutations and verbiage of years gone by.
I certainly hope those with a modicum class will distinguish themselves with such phraseology and that such usage propagates and becomes more prolific in all future grammatical construction.
Your humble servant to command,
T
USAF (Ret) 1974 - 1994 - The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. Remembering RickO, a brother in arms.
i would have loved to be one of the coiners, just saying
@Lazybones.... Now THAT is what I like to see.... Good example of proper written phraseology. Cheers, RickO
Very interesting read. Thanks for sharing. It appears the totals in the graphs don't match up with S. Moore's statement regarding Georgia providing $475K in gold to the mint in 1833. Going by the graph, it looks like NC was the primary contributor @ $475K, and Georgia contributed $216K in gold that year, or am I reading the graph incorrectly?
That's the way it was written https://nnp.wustl.edu/library/periodical/628287, trying to find the original Mint Report
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb
Bad transactions with : nobody to date