File:Post-medieval coin hoard, Coin 3, Cromford dollar (FindID 808673) (cropped).jpg
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Captions
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Summary
[edit]Post-medieval coin hoard: Coin 3: Cromford dollar | ||||
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Photographer |
Derby Museums Trust, Alastair Willis, 2016-10-14 10:57:56 |
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Title |
Post-medieval coin hoard: Coin 3: Cromford dollar |
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Description |
English: A post-medieval coin hoard of three countermarked silver Spanish 8 Reales ("dollars") and four silver shillings.
3: Silver Spanish American 8 Reales ("dollar") of Charles IIII of Spain. Mexico City mint. Obverse: laureate bust right; CAROLUS IIII DEI GRATIA 1801. Countermarked infront of bust with 'S' and on bust with circular stamp inscribed 'Cromford Derbyshire 4|9'. Reverse: Spanish arms between two pillars; HISPAN ET IND REX M(with O above) R F T. 40.0mm in diameter. 26.34g. Between 1751 and 1816, very few silver coins were minted in Britain due to the financial effects of fighting foreign wars. There was a lack of silver available for minting coins, but many silver Spanish American dollars that had been taken from raided Spanish ships. Royal Mint rules at the time prevented the mint from purchasing silver at a price higher than 5s 2d per ounce, a price much lower that the value of silver, and therefore the Royal Mint could not use these dollars to make new British money. As a result, private tradesmen began stamping Spanish American dollars themselves for use as tokens to conduct trade and pay their workers. These three countermarked Spanish American dollars are known as 'Cromford Dollars'. Cromford mill was built by Richard Arkwright to house his waterpowered cotton spinning machinery. Each Cromford token was issued as a week's wage for one of the workers. The 4|9 on each token represents the token's value of 4 shillings and 9 pence and indicate that these tokens were issued before 1810. Tokens issued after 1810 were stamped or restamped with 5|- as the value of silver bullion had increased. The reverse of each of these Cromford dollars has been defaced so that the Spanish arms are partially erased. |
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Depicted place | (County of findspot) Derbyshire | |||
Date |
between 1801 and 1810 date QS:P571,+1850-00-00T00:00:00Z/7,P1319,+1801-00-00T00:00:00Z/9,P1326,+1810-00-00T00:00:00Z/9 |
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Accession number |
FindID: 808673 Old ref: DENO-BBE206 Filename: DENOBBE2063.jpg |
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Credit line |
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Source |
https://finds.org.uk/database/ajax/download/id/586332 Catalog: https://finds.org.uk/database/images/image/id/586332/recordtype/artefacts Artefact: https://finds.org.uk/database/artefacts/record/id/808673 |
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Permission (Reusing this file) |
Attribution License version 2.0 (verified 26 November 2020) | |||
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Licensing
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Date/Time | Thumbnail | Dimensions | User | Comment | |
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current | 21:38, 3 December 2020 | ![]() | 2,078 × 2,076 (1.9 MB) | Pigsonthewing (talk | contribs) | File:Post-medieval coin hoard, Coin 3, Cromford dollar (FindID 808673).jpg cropped 58 % horizontally, 27 % vertically using CropTool with lossless mode. |
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Orientation | Normal |
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Horizontal resolution | 600 dpi |
Vertical resolution | 600 dpi |
Software used | Adobe Photoshop Elements 11.0 Windows |
File change date and time | 12:57, 13 October 2016 |
Color space | sRGB |
Date metadata was last modified | 13:57, 13 October 2016 |
Date and time of digitizing | 19:19, 1 April 2016 |
Unique ID of original document | uuid:C144F4342CF8E511858683FFBE61BD63 |
Copyright status | Copyright status not set |
IIM version | 51,845 |