FOREIGN GOLD COINS OF 1776 - PowerPoint PPT Presentation

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FOREIGN GOLD COINS OF 1776

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  1. FOREIGN GOLD COINS OF 1776 PART I- Coins and Weight Tables By Xavier Pique

  2. PURPOSE- PART I • Look at Gold Coins circulating in the early U.S. • Look at Weight, and Value Tables

  3. Second Continental Congress- Met in 1775-1777 In Philadelphia and Baltimore John Trumbull’s Painting of the Continental Congress

  4. 1776- United States becomes a sovereign nation

  5. At War With Great Britain

  6. U.S. will not have its own coinage until 1792 • Many Different Gold/Silver Coins Circulate

  7. How will Commerce and Trade be conducted?

  8. What will the Founders of the Nation Use as Money?

  9. Continental Currency- A FlopNo one Trusted paper money

  10. Committee on Coinage Established • Conducted Inquiry on existing Foreign Coins

  11. September, 1776 Journals of Congress • Declared relative value of silver to Gold to be 14.5 to 1 • Table giving Value of Foreign Gold & Silver Coins • Declared the Spanish Pillar Dollar as the Standard • Based on Isaac Newton’s chart of 1702 for Royal Mint

  12. Journals of Continental Congress, Sept. 2, 1776, Page 726

  13. Silver CoinsSpanish Milled DollarFrench Ecu60 Sols TournoisFrench CrownEnglish ShillingEnglish Sixpence 1732 Spain Piece of 8 English Shilling 1745

  14. Gold Coins Old Spanish Double Doubloon Old Spanish Pistole Johannes of Portugal Half Johannes Double Moeda- Portugal Moeda- Portugal Old Louis D’Or- France New Louis D’Or English Guinea of William III English Half Guinea of William III Chequin of Venice

  15. Gold Coins (Cont) The Hungary Ducat The Ducat of Holland Ducat of Campen in Holland Ducat of the Bishop of Bamberg Ducat of Brandemburg Ducat of Sweden Ducat of Denmark Ducat of Poland Ducat of Transylvania Ducat of the Duke of Hanover Double Ducat of the Duke of Hanover

  16. Spain Eight Escudos (Doubloon) 1758 Ferdinand VI Weight:  26.9 grams Diameter: 1.45 inches

  17. Spain 4 Escudos 1786 Carlos III Weight 13.5 grams

  18. Spain 2 Escudos 1786 Carlos III Weight 6.75 grams Also Known as Pistole

  19. Spain 1 Escudos 1787 Carlos III Weight 3.37 grams

  20. Spain ½ Escudo Gold 1773 Carlos III Weight:  1.7 gramsDiameter: .60 inches

  21. 1688-1732 Portuguese gold coins .917-Moidore Series • Dobrao-20000 Reis- • Half Dobrao • Moidore or Cruzado- 4000 Reis • ½ Moidore • ¼ Moidore • 1/10 Moidore

  22. Portuguese Gold Coins 1722-1835Joannes Series (Joes) .917 • Joannes of 12800 Reis-- • 1/2 Joe 6400 Reis • ¼ Joe 3200 Reis • Escudo -1600 Reis • Quartinho/ ¼ Moidore-1000 Reis • ½ Escudo 800 Reis • Cruzado- 400 Reis

  23. Moeda of Portugal- Moidore (4000 Reis) 1704 Peter II 10.76 grams, 91,66% Gold 29 mm

  24. Portugal- Josephus I 1752 14.33 Grams

  25. Portugal Joannes 1727 - 12800 Reis Weight 28.66 Grams

  26. Joannes V (Joe) of Portugal 1717 28.53 Grams

  27. Portugal 20000 Reis Johannes V 1724 Weight 53.8 g (31.11 dwt)- 1dwt=approx 1.5 grams

  28. France Double Louis D’Or 1747 Weight 16.2 g

  29. French Ecu D’Or (Louis XV) 1726 weight 8.17 g

  30. England- Gold Guineas- William III (Top) 1700 George III Guinea 1777 Weight 8.35 g 25mm .916

  31. William III Half Guinea 1696

  32. William III 5 Guineas 1701

  33. Spain 2 Escudos 1786 Carlos III Weight 6.75 grams Also Known as Pistole

  34. Friedrich II. German Pistole 1771 6.63 grams

  35. German States Bishop Wilhelm Anton von der Asseburg, 1767. Pistole (5 Taler),

  36. Gold Zeccino from Venice with countermarks 1660-1674

  37. Italy, Venice, Alvise II Mocenigo (1700-09), Zecchino, undated, Doge kneeling before St. Mark, rev

  38. ITALY. Papal States. Zecchino, 1772/Clement XIV (1769-74).

  39. Gold Ducat of the Netherlands which was valued at 9 shillings and sixpence in the proclamation. A small 21.8mm coin minted from about 3.49g of 0.986 fine gold

  40. Ducat of Holland, 1771

  41. Ducat of Germany 1746

  42. Ducat Of Transylvania 1684

  43. Ducat of Poland 1630

  44. Ducat of Bavaria-1687-1697

  45. Austrian Royal Emperor Joseph II 1788 Gold ducat

  46. Grivna (Ukraine) Peter II 1726 - 1729 ducat

  47. 1764 Netherlands Utrecht Gold Ducat

  48. Ducat of German States Cassel 1746

  49. Journals of Continental Congress, Sept. 2, 1776, Page 726

  50. RELATIVE COIN VALUES 1776