Curiosities of American Coinage

Cover Curiosities of American Coinage
Curiosities of American Coinage
Alex E Outerbridge
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Merchants publicly announced they would not accept the coin, the very hawkers and link-boys refused it, declaring it would buy neither ale, tobacco, nor brandy. Wood's effigy was dragged through the streets of Dublin and burned. . . . The Privy Council offered a reward of £300 for the discovery of the author of the ' Drapier's Letters. ' " The Kiug then ordered the proposed issue to be reduced to £40, 000, but this did not assuage the excitement in the least, and it finally became necessary, iu... order to restore peace, to buy back the Royal license from Mr. Wood, by the payment to him of a pension of £3, 000 a year for fourteen years.
This failure did not, apparently, kill the project for coining money for the American colonies, and the many pieces actually struck for that purpose are creditable specimens of the art at that period. On the obverse appears the head of the king and on the reverse a full blown rose, with the legend, " Rosa Americana, " and the date " 1722. " On the later issues the head of George II appears and the date, 1733.


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