Telegram-herald., 1890-03-18

. rel.- er IA rs1el-tfz4cs o. so1le 1e4r
friead. o. Il n14y have fzlien into crack
al renamed for years IN ia plzce %
conecalI1ens. Or enEl ths Es4EeA Of ia
Fr0Feusnt hroaShs IL - AxhE Soue-
times thtef rcss 'crsnk' q his treas
sre sn4 disposes ~ ths rare Sn3 aln0ss
w0rsAiPed coins a. their f4oe ral1s.
Eventually they E.nd their .4y into TIE
81 , trs4s4Fiss. ~aefe tkeiF career =
again stopped. ss ~e are Always On tae
4leFt - catch these choice nintzgss"
When you receive coin deposit Gov
do goa guard ag.iass loss - tAs Gov
exnmezt2'
The redemption clerk crst takes It
sna gives receipt tor the amount ths
bag - said ~ contain Then IL Is cOuut-
ed. al he light pieces are thrown -
one side and 81 stamped across their
face The e09nterfeits are cut IN
halves and. in fact. all pieces which
are not III - place again IN circulation
are deducted from the original sam
brought here. When the owner comes
- get his receipt e4shed be is given al
The rejected coin, and after he has paid
back like amount IN perfect money
40 square up With him. The light
pieces are worth their bullion value. aud
II they are sent 10 the mint az Phila-
delphla their exact worth is returned
% the owner. Sometimes they are
taken 70 = broker, bat. OF course. they
have 20 make profit, and will deduct
about 10 per cent for their commission.
don't uphold the Government In COM
pelling person 20 stand losses OF this
xind. The people with whom this coin
circulates take it IN good faith, ard
they have no mesos OF determining its
true value"
do you receive many counterteitsT
1T is very rarely we fnd one. You
see, the banks have experts. and In
counting and examining their gold de-
posits the spurious pieces are detected
and thrown out IL has TO be an er-
eellent imitation to slip past the keen
eyed counters. We have never re-
ceived a single counterfeit gold coin
from the leading local banking institu-
tons which shows that they handle
their specie deposits with great care"
III the Treasury found q counterfeit
in a lot OF gold sent from here, upon
whom would the loss fsll?"
"Your humble servant would also
be called upon % make good any short
ago found by the experts who come
around once year and count our stock
II one OF the vault clerks felt so dis
posed he could ruin me by abstract ting a
portion OF one OF the bags, as | am
held strictly responsible for their con-
tents at all times. 1t is impossible for
the Government 10 lose a cent through
tho carelessness of its subordinates.
when did the Government begin its
gold coinage?"
The first return Of gold coins from
the chief coiner was on the 3lst day OF
July, l795, and consisted of IA half
eagles. The first delivery OF eagles was
on the 22d of Sep tember, 17e5, and con-
sisted of 400 pieces. The double eagle
was authorized 70 be coined March 8,
1s49; the eagle. April ., 1872; half eagle,
April ?, 1892; sS pieces, February 81.
1858; quarter eagle, April 2, 1872; 81
piece, March 3, 1s49. There is nys-
terry connected with the half eagle of
1901. and eminent numismatologists are
at variance in their histories on the
coinage OF the country. II is claimed
by one authority that no half eagles Of
that year were struck, while others are
positive that the Government minted
5000 of the pieces, and that they were
all sent 10 Tripoli to pay the United
States sailors who wore subjugating the
Bashaw Of that country. The fact re-
mains, however, that the collection of
coins in the mint at Philadelphia con-
tains no specimen OF the half eagle of
1901. There have been a large number
OF private gold coins issued since the
establishment Of the Government, prin-
cipal among which Is the eight-cor-
nered quintuple eagle, valued at $50.
In the private coinage of California
there was a half-douar, a accent, a
quarter-dollar and 2o-cert piece. The
Mormons also put out peculiar piece,
having the value of IS, and the legend
on tho diverse: ITO the Lord Holiness. "
Georgia and North Carolina have also
done n little in tho gold-coinago line.
The former State IN 1s49 issued a piece
worth g.. 81, while the latter coined a
dops- that was worth but % cents"