History Of Coin Circulation In Early US - Page 2

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Prethen Pillar of the Community United States 3234 Posts	Posted 06/29/2007 10:15 am Conder, technically, yes, I might be wrong when I said that all foreign currency was legal tender. I will have to check into my sources to see if there were any "limitations". However, foreign currencies with measurable and consistent precious metal content circulated easily and freely. I don't recall reading any where that stated that any foreign currencies were NOT legal tender. And, in fact, special legislation was passed in 1857 making that same foreign currency no longer legal tender. Can you find any sources to the contrary, that certain currencies were NOT legal tender. Breen states in at least one, if not more, locations about the use of the shilling in everyday American life. So British currency was likely circulating here, same as Spanish, French, etc. Report this Post to the Staff
houston_guy462004 Valued Member United States 235 Posts	Posted 06/30/2007 1:24 pm Some out-of-print sources on this topic- Schilke & Solomon, America's Foreign Coins (New York: Coins and Currency Institute, 1964) Newman & Doty, Studies in Money in Early America (New York: American Numismatic Society, 1976) Report this Post to the Staff
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