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Updated: May 7, 2025
In 1748 the mint had ceased issuing money, but was at work again from 1791 till 1806. The iperpero was worth 12 grossi, and 3 of them went to a scudo. The earliest known is of 1683. In Ralph of Coggeshall's time it was worth 3 sous of silver that is to say, about 10s. At Ragusa this coin still passes, according to a writer in the Bullettino di Storia Dalmata.
Captain Cleveland's voyages from Havre to the Cape of Good Hope, in a 45-ton cutter; from Calcutta to the Isle of France, in a 25-ton sloop; and Captain Coggeshall's voyage around Cape Horn in an unseaworthy pilot-boat are typical exploits of Yankee seamanship.
The "Leo," for example, at this time was under command of Captain George Coggeshall, the foremost of all the privateers, and a man who so loved his calling that he wrote an excellent book about it. Under an earlier commander she made several most profitable cruises, and when purchased by Coggeshall's associates was lying in a French port.
The spirit in which young fellows, scarcely attained to years of maturity, met and overcame the dangers of the deep is vividly depicted in Captain George Coggeshall's narrative of his first face-to-face encounter with death. He was in the schooner "Industry," off the Island of Teneriffe, during a heavy gale.
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