THE Random Chat Thread - AKA "The RCT" - No shirt or shoes required - Open 24 / 7

[ARC]

Don't forget it is really 28.34952

A true pirate you is Capt. the 0.345gram going to the booty I see.

Welll actually... yes and no.

When it came to Spanish... 27.47 g coin my friend... FIXED weight.

Gold = 27.06 g FIXED.

 

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[ARC]

When it came down to it... The value of gold to silver was fixed at 11.5 to 1.

Silver HAD to be of .93 purity... with thefixed weight PER 8 reales of 27.47 grammes...

And gold 22 carats = .92 fineness... equaling the 8 would weigh 27.06 grammes... heh... respectively.

 

[pepperj]

Nothing spectacular....can't see much on those. But there silver now !!
https://worldnumismatics.com/archive-succinct-history-of-cobs/

Great read Bart-Thanks.
Wow! All this Cobb talk is really loaded me head up.

 

[pepperj]

Welll actually... yes and no.

When it came to Spanish... 27.47 g coin my friend... FIXED weight.

Gold = 27.06 g FIXED.

There's that magic word "FIXED"

 

[WannaDig3687]

Good morning everyone.

Y'all may have noticed I have been absent for a while. I was out of power for 12 days, with harly any heat, water or light for that time. We had two ice storms roll through, each dropping 1/4 - 1/2 inch of ice on their way out. Trees are down everywhere, and ice covered everything for a while. We couldn't even leave our house, because the road was just a sheet of ice. A friend who tried leaving his home on an ATV flipped it on the ice, and ran over his legs, but somehow didn't hurt himself badly. Power crews came out last night and restored power, and you could hear cheering for a couple miles by everyone who got restored.

Most of the time it was mind numbingly boring, but I went and brought out all of my dads colonial coins, inspected them, and then went coin roll hunting and found some nice ones.

A silver war nickel, a super rare West Point mint quarter with the even rarer V75 Privy mark, and an "In God We Rust" quarter.

Good morning, Rusty. You have been missed. Glad to know you and your family are OK now. I don't understand the "In God We Rust" quarter. I see "Trust" on both.

 

[WannaDig3687]

Hrrmmph. :/

Just exactly who are you Hrrmmph-ing?

 

[pepperj]

When it came down to it... The value of gold to silver was fixed at 11.5 to 1.

Silver HAD to be of .93 purity... with thefixed weight PER 8 reales of 27.47 grammes...

And gold 22 carats = .92 fineness... equaling the 8 would weigh 27.06 grammes... heh... respectively.

Oh how I wish it was that ratio today.
[TABLE="width: 652"]
[TR="class: ztXv9"]
[TH]Current[/TH]
[TH]65.84[/TH]
[/TR]
[TR]
[TD]High[/TD]
[TD]124.10[/TD]
[/TR]
[TR]
[TD]Low[/TD]
[TD]62.82[/TD]
[/TR]
[TR]
[TD]Change[/TD]
[TD]-14.60 (-18.16%)[/TD]
[/TR]
[/TABLE]

 

[ARC]

Do you know why cobs etc had the assayers initials and mint marks on each coin ? ? ?

So that the coins could be traced back to each individual responsible for making it... for if there was a problem with the coin as to accuracy...it could be traced back and someone could be blamed for any inconsistencies.

SO... with that in mind... accuracy was assured... under threat of punishment.

Basically it was a "signing off" as to the coins work (weight and purity) being what it was supposed to be.

 

[pepperj]

Bart what will it be?

• TimberKing Sawmills. ...
• Wood-Mizer Sawmills. ...
• Norwood Sawmills. ...
• Hud-Son Sawmills. ...
• Enercraft/Baker Sawmills.

 

[pepperj]

Do you know why cobs etc had the assayers initials and mint marks on each coin ? ? ?

So that the coins could be traced back to each individual responsible for making it... for if there was a problem with the coin as to accuracy...it could be traced back and someone could be blamed for any inconsistencies.

SO... with that in mind... accuracy was assured... under threat of punishment.

Basically it was a "signing off" as to the coins work being what it was supposed to be.

So was that implemented after this happened? (Taken from Bart's link)

[FONT=&quot]The wide scope of territories in which they circulated helps to explain for example the long lasting consequences of the Potosi mint scandal of 1650-1652, where a long lasting fraud committed by mint officials spanning more than 20 years was uncovered. Culprits were given “exemplaryâ€� punishment – a long suffering and gruesome death –[/FONT]

 

[Blak bart]

.....decisions...decisions ??

 

[ARC]

So was that implemented after this happened? (Taken from Bart's link)

[FONT="]The wide scope of territories in which they circulated helps to explain for example the long lasting consequences of the Potosi mint scandal of 1650-1652, where a long lasting fraud committed by mint officials spanning more than 20 years was uncovered. Culprits were given “exemplaryâ€� punishment – a long suffering and gruesome death –[/FONT]

Actually this is and has been debatable... as of 2017 this opinion has been changed due a newly released thesis.

The timeline... anyway...

Basically the Potosi mint thing created a distrust... and even though the coins were still accepted in some parts... according to "bullion value"... not "face"... There was a "recall" on the coins and they were mostly re-melted.

And because of this... a serious and accurate method was implemented.

IOW... IF you find one of the "scandal coins"... it is special.

 

[RustyRelics]

Good morning, Rusty. You have been missed. Glad to know you and your family are OK now. I don't understand the "In God We Rust" quarter. I see "Trust" on both.

The T can always be seen on these quarters, but it is in lower relief, or is really fizzy compared to the other letters. If I take a photo with some side lighting, it will become immediately apparent that the T almost seems filed down compared to the other letters.

 

[ARC]

The T can always be seen on these quarters, but it is in lower relief, or is really fizzy compared to the other letters. If I take a photo with some side lighting, it will become immediately apparent that the T almost seems filed down compared to the other letters.

From Cobs to quarters.

heh

New book. :P

Um... you can have the quarters... for i know ZILCH about em.

 

[Blak bart]

 

[Blak bart]

Off to work....see ya peeps !!

 

[ARC]

Yeah baby !... SHINE ON you crazy Diamonds.

 

[ARC]

Only one more Bart :P

 

[bill from lachine]

Bart,

Good job on the clean ups. Like how there's still some toned sections around the details adds a nice touch!

 

[pepperj]

That is just sick Bart! (In an awesome way-I must say)