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The First Counterfeiter In The Province Of Pennsylvania

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philadelphian's Avatar
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 Posted 06/21/2013  8:57 pm Show Profile   Bookmark this topic Add philadelphian to your friends list Get a Link to this Message Number of Subscribers
A bit of remarkable history from just over the hill from where I grew up, probably well known to the colonial numismatists among us (vermontensium?), but one I was ignorant of until yesterday.
To set the stage-- The city of Philadelphia was laid out in 1681 by William Penn, between the Delaware River on the east, and the Schuylkill River on the west. While others were raising the first beams of the new city, young Charles Pickering arrived from Cheshire in England, to seek his fortune. Where he chose to seek it, was upstream on the Schuylkill, into what can be only described as godforsaken wilderness, which had only just been nominally christened Chester County...

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Miner, counterfeiter, "attorney for ye King," Pickering was one of the most romantic figures of his day.
He had crossed the ocean with Penn and wandered up the Schuylkill River in search for treasure. After a long and tiresome journey through the forest, he lay down on the bank of the stream now called by his name, and dreamed his dream of silver. Dreamed, did I say? No, he saw and handled the shining particles washed from the neighboring hills, and, having assured himself of their value, hastened to Philadelphia; obtained the tract from Penn; returned; imparted the secret to Tinker, a miner; dug a cave; collected a mass of the supposed precious metal, and transported it to Europe for examination. Finis!

I spent a goodly portion of my childhood waist deep in what is now known as Pickering Creek. Unfortunately for Mr Pickering, the verdict returned from the Assayers' Office in London: "Sorry, old boy. No silver here." He now had no prospects, and a crew of miners from New England awaiting their pay. A solution apparently came from a fellow by the name of Robert Fenton, who helped to quickly set Pickering up in a new profession...

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From mining, Pickering turned to coining, in which undertaking he was not altogether unsuccessful, until the Provincial Council interfered with his private minting of "Spanish Bitts and Boston money" by issuing a warrant for his arrest. The jury who tried the case against him and his assistant Buckley, convicted both. For this high misdemeanor the Governor sentenced them to make full satisfaction to every person who should within a month bring in any of the "Counterfitt Coyne," and also imposed a fine of forty pounds "toward ye building of a Courthouse."
Pennypacker suggests that Pickering's offence was probably "nothing more than an attempt to supply the colony with an irregular but an intrinsically valuable medium of exchange." It was followed by no social condemnation. In privilege and freedom, the Council declared in 1685, that Pickering stood in "Equal Capacity" with the other colonists.

Pickering's neighbor, Samuel Buckley, was fined £10, but Fenton, being only "a servant," and being the one to spill the beans to the authorities, got off with an hour spent in the stocks. The justices in Philadelphia probably never would know that fifteen years later, Fenton would be charged with counterfeiting coin again, this time in Connecticut. Inbetween, he also became what was likely the first American counterfeiter of paper money, as he was counterfeiting the first paper money in the Western Hemisphere, that of the Massachusetts Bay Colony. Pickering, in his next incarnation, that of lawyer on the King's Bench, ended up trying the first criminal case in the new court in Chester County in 1686.
Although Eric P. Newman (in an issue of The Colonial Newsletter that I don't feel like paying $65 to read) feels that Pickering and Co. were just coining "Spanish bitts," and not the "New England Shillings" or "Boston money" that he was charged with faking, what I wouldn't give to find a contemporary counterfeit Pine Tree shilling on the banks of the Pickering Creek!
Edited by philadelphian
06/22/2013 3:28 pm
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noahs-numismatics's Avatar
Canada
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 Posted 06/21/2013  11:30 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
Very interesting! Thanks for sharing!
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Conder101's Avatar
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 Posted 06/22/2013  10:01 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
What issue of the Colonial Newsletter are you referring to? I have copies of the first 142 issues. That's the first 49 years worth.
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philadelphian's Avatar
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 Posted 06/22/2013  10:36 am  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
The main article was page 628, and Newman's commentary page 666, Conder. I believe the pages run in perpetual sequence in that publication? If you post them here, that would be great! I'm trying to get up some pages of the original trial transcript.
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Scropper's Avatar
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 Posted 06/22/2013  2:24 pm  Show Profile   Bookmark this reply Add Scropper to your friends list Get a Link to this Reply
Fantastic story, philadelphian!
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dsfreeworld's Avatar
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 Posted 06/22/2013  2:53 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
i am so glad I took the time to read this. this really made my Saturday! thanks for sharing this
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philadelphian's Avatar
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 Posted 06/22/2013  3:17 pm  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
Hey! Who corrected my seventeenth-century spelling of "Pensilvania" in the title? Well, I guess it was a little pretentious, on second thought.
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Conder101's Avatar
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 Posted 06/23/2013  03:33 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
OK I have the issues of CNL you want. I sent you an email about them.
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philadelphian's Avatar
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 Posted 06/23/2013  6:23 pm  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
Thanks a lot, Conder101! So the original Colonial Newsletter article is their abstract of the original Minutes of the trial. I'm glad it's not 1978 anymore; that trial transcript is now a lot easier to find! Here it is, in all its glorious 17th century language:

The-First-Counterfeiter-In-The-Province-Of-Pennsylvania

The-First-Counterfeiter-In-The-Province-Of-Pennsylvania

The-First-Counterfeiter-In-The-Province-Of-Pennsylvania

I love Samuel Buckley's plea to the charge. "He Confesseth he hath been somewhat guilty of that!"
What's interesting is the great numismatist Eric P. Newman's response to the article. He makes the good point that the orginal charge brought by William Penn was "Quining of Spanish Bitts and Boston Money," but Penn's proclamation after the trial, condemning the fakes circulating in the province, was "to put downe Bitts of Coyne, so Called." He believed the original charge erroneously included the counterfeiting of New England Shillings, because Pickering was caught when he tried to pay his miners in phony money, and they assumed the New England men were paid in New England Shillings.
Newman made such a strong point about this, though, because he didn't believe there was any evidence that any Massachusetts silver was counterfeited at the time. Even Noe-12, 13, 14 and 31, which were thought to be possible contemporary counterfeits. I had already been looking for images of those varieties, wondering if they might have been the work of Charles Pickering and Co.! Now, I wonder if Newman might have changed his mind since this 1978 statement?
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TJsCoins's Avatar
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 Posted 06/23/2013  9:15 pm  Show Profile   Bookmark this reply Add TJsCoins to your friends list Get a Link to this Reply
Thanks for sharing! Awesome thread!
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westcoin's Avatar
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 Posted 06/24/2013  02:50 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Love the info - thank so much for sharing! This kind of post is why CCF is such a fun and knowledgable community!
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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Moe145's Avatar
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 Posted 06/24/2013  5:57 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
Very nice! I love this stuff!
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