The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1893-08-07

ts-I putrLHGiiLA alloy.
The 5par,ans had an iron coinage,
uo other being allowed.
Tine United States silver 3c. piece
WAS first c5iuel la 1851.
The English mint was established
los Athci-t4ue about OPS.
From ISIS 90 1915 platinum coins
We're uiuted ina Russia.
The first coming machine was in
vented Uy BTuchuer ia lbp5.
The notes used by the Bank OF Eng
land costs exactly To-. each.
Julius Csrser was the hrat mau 10
pul his own Image ON "a coin
Aristotle says that money exists
not oy nature, bat by law"
The first colonial coinage was
miuted Iu Massachusetts in 1862.
Ira the tenth century there were
thirty-eight minis in Bingham
The American cents OF 1881 bore the
motto mind your Business.
The Lydians were the first TO coin
money, about Il. I. 1900.
Homer mentions brass money as in
use, Il. q. llSt, among the Greeks.
Brass money was coined in Rome
by Servius Julius as early IS 543
b. c.
During the reign of Henry the VIII,
y 10 - per cent. OF coin metal was
alloy.
The coinage Of trade dollars began
i'm 1917, and was discontinued in
1873.
The most ancient coins are OF cleo
trum, four parts OF gold TO one of
silver.
The coinage OF Poe pieces began in
1873, and was discontinued in 1873.
Before the days of coined money
the Greeks used copper nails as cur
rency.
Herodotus says that Crosus was
the first sovereign TO make coins of
gold.
In 1903 the first English shilling
was minted. It bore the Kings inn
age.
The first English laws against coun-
terfeitiug were issued in HOS by
Henry L.
The United States mint was estab-
lished in 1892 and at once began Oper-
atoms.
silver was first coined in Rome in
3. G. $50, when F'abius PictOr set up
a mint
In 1S44 Napier's coin-weighiug ma
chine was put in use in the Bank of
England.
over 1000 series of Greek coins, is
sued bv independent cities, are known
TO exist
In the fifth century before Christ,
refined copper was deemed as precious
rs gold
The trade dollar was intended for
use in commerce with China, India
and Japan.
The first American coins were made
in England in 1918 for the Virginia
Company
The first English gold coins were
made in 1851, in the fOrty-secOnd year
Of Henry the III.
In 1881 the invention of milling the
edges OF coins, to prevent clipping was
introduced
At the beginning Of the Christian
era the relative values Of gold and sill
yer We're l 70 @.
Down 20 the Norman conquest the
BritOus had solving money and
dead money" the former being
slaves and cattle, the latter metal.
English sovereigns were first min
ted in 1889. They were called by
various nicknames.
During the reign Of Numa POmpi-
liu=, 700 y. c., an experiment was
made with wooden money.
The bronze cent and two cent pieces
were first coined in 1884, and the
nickel half dime in 1888.
The earliest Greek coins bore a lion
or tortoise on the diverse and punch
marks on the reverse.
Wampum was adopted by the New
England cOiOnists IN All their dealings
with the Indians.
English coin was first made a legal
tender in 1915. Before this rents had
been paid in produce.
In 1877 the English coined gold pen
MES which weighed l-l20th OF pound
and passed for twenty pence.
Vermont and Connecticut coined
cOpDers in 1875. New Jersey and
Massachusetts, did the same in 1856.
Paper money was first issued by the
notorious Jehn Law. His issues eX-
ceeded cI2O, 600.
Tn 1920 the first large copper coins
were miuted in England, putting an
end 90 private leaden tokens.
In the early years Of this century
there were thiTty-three tons Of silver
TO one of gold IN circulation.
The Romans issued private or con-
sular coins which bear the names OF
every leading Roman family.
Tobacco and warehouse receipts, IS
sued after it was stored, were both
used in Virginia as money.
In 1000 ounces Of our gold coinage
there are 900 ounces Of pure gold, I'D
ounces Of silver, and 90 Of copper.
Ia the worlds minis from 1870 to I
1890 there were coined 91gf tons Of /.
gold and 81 30 tons Of silver.
-, From 1852 to 1880 the accounts Of /
Ine New Netherlands were kept in .
"anpun, beaver and raccoon skins.
Arabic coins have q sentence from /