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It is the best and heaviest pieces that are commonly either melted down or exported, because it is upon such that the largest profits are made. The law for the encouragement of the coinage, by rendering it duty-free, was first enacted during the reign of Charles II. for a limited time, and afterwards continued, by different prolongations, till 1769, when it was rendered perpetual.
Among the drawbacks suffered by the commerce which pines under the shade of the shareefian umbrella, one and that far from the least is the unsatisfactory coinage, which till a few years ago was almost entirely foreign. To have to depend in so important a matter on any mint abroad is bad enough, but for that mint to be Spanish means much.
"'Occult' is a word of such new coinage that it is not found in many dictionaries," said Santoris, with a mirthful look "You will not find it, for instance, in the earlier editions of Stormonth's reliable compendium. I do not care for it myself; I prefer to say 'Spiritual science." "You believe in that?" asked Catherine, abruptly. "Assuredly!
There was no recognition of England upon this coinage, which was begun in 1652 and kept up for more than thirty years. Such pieces of money used to be called "pine-tree shillings"; but, so far as looks go, the tree might be anything, and an adroit friend of New England once gravely assured the king that it was meant for the royal oak in which his majesty hid himself after the battle of Worcester!
Independently of these services, which are far greater than those rendered by the United States Bank and its 25 branches, a number of the deposit banks have, with a commendable zeal to aid in the improvement of the currency, imported from abroad, at their own expense, large sums of the precious metals for coinage and circulation.
The English gold coinage was also derived from the Belgic and originally identical with it.
His enemies had a ridiculous story that Master Pigsnort was accustomed to spend a whole hour after prayer time, every morning and evening, in wallowing naked among an immense quantity of pine-tree shillings, which were the earliest silver coinage of Massachusetts.
Miss Terrell, in her utter inability to adjust the American coinage to English standards, and also in the kindness of her heart, had given too generous tips to all of the hotel waiters, and some of this money had passed into the gallery window of the Broadway Theatre, where the hotel waiters had heard her sing and seen her dance, and had failed to recognize her young husband in the Lord Chancellor's wig and black silk court dress.
Our scientific chief had discovered a process something like what is called electrotyping nowadays, as I imagine. He was very proud of this; but he was prouder still of the ring of his metal, and with reason: it must have been a nice ear indeed that could discover the false tones in the doctor's coinage.
But the Egyptian coinage of Commodus clearly betrays the sad change that was gradually taking place in the arts of the country; we no longer see the former beauty and variety of subjects; and the silver, which had before been very much mixed with copper, was under Commodus hardly to be known from brass.
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