New Orleans - Putting copper cents into circulation
RogerB
Posts: 8,852 ✭✭✭✭✭
This letter might give collectors an idea of the difficulties encountered outside the northeast states in obtaining copper cents for small change. Even with a US Mint in New Orleans, copper coins were difficult to procure.
(Source: RG104 E-216 vol 06, available at NNP on-line. I'll leave this one in manuscript. Have fun.)
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Comments
Love to have one of those kegs.
Cool.
Great letter...Now, this is then posted, by mail, to the appropriate recipient... then the situation is studied/discussed with the proper parties. I would assume that then the response would be posted to the originator, by mail. After receipt, the conditions being acceptable, then payment would be posted, by mail. Upon receipt, then the appropriate quantity of coinage would be shipped. How long did all this take from request to fulfillment?? Cheers, RickO
I don't know about this situation since it is a little unusual. From other letters in which banks requested kegs of cents (or other coins), Turn around was a couple of weeks. The Post Office and Express companies had tables of delivery distance between various points and shipping was calculated on weight and distance. (I posted such a table based on new Orleans a couple of months ago -- don;t recall the post's title.)
If the two US Mints were involved, payment could have been done with bookkeeping transfers much as was done with bullion.