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qrtqrt Posts: 472 ✭✭✭✭✭
edited February 5, 2025 5:34PM in U.S. Coin Forum

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    Mr_SpudMr_Spud Posts: 7,173 ✭✭✭✭✭

    Cool 😎

    Mr_Spud

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    qrtqrt Posts: 472 ✭✭✭✭✭
    edited February 5, 2025 5:34PM

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    goldengolden Posts: 10,466 ✭✭✭✭✭

    Very cool info!

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    AvocetAvocet Posts: 275 ✭✭✭✭

    Great piece of history-- Thanks for sharing, and thanks to @CharlotteDude for sharing incredible examples!

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    World67World67 Posts: 13,088 ✭✭✭✭✭

    B)

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    RobertScotLoverRobertScotLover Posts: 1,069 ✭✭✭✭✭

    Cool thread

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    SapyxSapyx Posts: 2,561 ✭✭✭✭✭

    Yet another interesting piece of numismatic history. B)

    I find it interesting the suggestion from Chairman Barnwell back in 1861, that, if Confederate coinage were to be issued at that time, rather than issue Confederate dollars (which were already starting to become inflated by 1861), they instead ought to "assimilate our coins to those of France" - in other words, he was proposing that the Confederacy join what would eventually become the Latin Monetary Union, of which France was the chief driver and proponent and which was actively recruiting other friendly nations to their cause at that time.

    There are all kinds of "what-if" scenarios arising from that scenario. For example, a Confederacy in the LMU wouldn't have needed a native supply of bullion for adequate circulation coinage, but could simply have imported it from other LMU member-states. Of course, they'd have needed to achieve diplomatic recognition from the Latin Monetary Union member-states first.

    Waste no more time arguing what a good man should be. Be one.
    Roman emperor Marcus Aurelius, "Meditations"

    Apparently I have been awarded the DPOTD twice. B)
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    qrtqrt Posts: 472 ✭✭✭✭✭
    edited February 5, 2025 5:35PM

    .

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    SaorAlbaSaorAlba Posts: 7,593 ✭✭✭✭✭

    @Sapyx said:

    There are all kinds of "what-if" scenarios arising from that scenario. For example, a Confederacy in the LMU wouldn't have needed a native supply of bullion for adequate circulation coinage, but could simply have imported it from other LMU member-states. Of course, they'd have needed to achieve diplomatic recognition from the Latin Monetary Union member-states first.

    The Confederacy did have two native sources of gold, the Piedmont gold from N. Carolina and the gold mined in the Dahlonega area of Georgia. Those sources of mined gold were the whole reason for setting up branch mints in Charlotte and Dahlonega. Silver was imported from Latin America for use in the New Orleans mint. I believe the New Orleans mint also sourced gold from Latin America.

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