| Author |
Replies: 24 / Views: 3,468 |
|
Pillar of the Community
United States
2200 Posts |
I was just wondering about how mints delivered coins to banks around the country in the old days (say pre-1910). The only way to transport things was with horses. But large quantities of coins were HEAVY! Anybody know they did it?
|
|
|
|
Bedrock of the Community
United States
12057 Posts |
Wooden kegs, for the most part, prior to the 1860s, after that, cloth (burlap, canvas) bags. Wooden trunks were also used, more for die sets than for coins.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Edited by paralyse 09/19/2016 11:53 pm
|
|
Pillar of the Community
 Canada
5394 Posts |
|
|
Bedrock of the Community
United States
12057 Posts |
Yeah. that too, LOL. I think I misunderstood the question.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
|
|
Pillar of the Community
United States
2403 Posts |
Before trains, Stage Coaches were used. Wells Fargo is Famous for this on the west coast. One is even shown in their logo.
|
|
Valued Member
United States
408 Posts |
I tried to find something online about this and all I found were people complaining about the delivery of their US Mint products. What do we know? The Mint was established by the Coinage Act of 1792. When The US Mint was established, so was the United States Mint Police. From this we can deduce that the US Mint used the various methods of transportation available to them during whatever period and that the Mint Police traveled with the product to ensure safe transport. 1. Initially they started with the basic method of horse and stagecoaches. 2. Then they utilized trains. 3. They still utilized trains, but then started working in trucks. 4. Now they probably utilize just planes and trucks, but I wonder if they are still using trains. Here is a link to some notable mint robberies. http://www.bellevuerarecoins.com/to...t-robberies/
|
|
Pillar of the Community
 Canada
5394 Posts |
|
|
Bedrock of the Community
United States
11951 Posts |
 I have read, at Carson City, when the vault would get full coins were carried by wagon to Reno. There they would be put on trains to the east coast. Many vaults were filled in the Philadelphia and Washington DC areas. Imagine all those bags of Carson City Morgan dollars bouncing against each other on that long trip.
|
|
Bedrock of the Community
United States
17884 Posts |
In the early years (pre-1837) bullion was brought in by depositors and they would return to pick up their coins. The only things shipped out were the cents and Half Cents and they were just shipped to the Bank of the United States that was in the same city. Further distribution was then their headache and also why the coins for the most part didn't spread rapidly but mostly stayed in the central east coast states with ships probably being used for distribution to the other coastal states. After Jackson withdrew Federal deposits from the Bank of the United States in the 1830's and the government began striking coins on their own account after 1837, the coins were shipped to the various "sub-Treasury" banks. This would have been accomplished using kegs and horse and wagon. (The kegs were small only about 18 inches high, we aren't talking about something like a flour. pickle, or whisky barrel.) By the 1850's much of the long distance transportation was being taken over by the trains with horse and wagon only being used at the beginning and the final distribution ends. You also have to remember that up to this point much of the coinage in circulation was NOT US coinage so the government was not involved with having its distribution. After 1853 depositors could no longer deposit silver at the mint for conversion into coins, but they could gold. From 1873 to 78 depositors could once again deposit silver have it coined and pick up the coins, but only Trade dollars. After mid 1876 they had to sing paperwork declaring that they would be exporting the Trade dollars out of the country. In the latter half of the 19th century distribution remained about the same, horse and wagon at the ends of the distribution chain and trains in between. Stage coaches probably never really carried a significant amount of coinage, they mostly carried currency or bullion. Coins were too bulky and heavy. They may have carried some from large western cities to the small outlying cities, but the amount was probably small. Distance between outlying cites was fairly large so the coins tended to stay in the communities and continue circulating. New coin shipment would only be needed to replace the slow attrition and to supplement as the town size increased. Probably a dollar in change per resident would have sufficed if not be excessive. In the 20th century truck shipment took over for the horse and wagon, and after 1913 shipments from the mint were just to the Federal Reserve Banks and they handled shipment to other branches. To a large extent trains were probably phased out and replaced by semi trailers, especially after the establishment of the Interstate highway system. Shipment being in canvas bags on pallets and now by Ballistic Bags on a dedicated pallet. In most cases now the Federal Reserve contracts out the distribution of coinage to armored car services. I don't know if the mint delivers directly to the services or if they deliver to the Federal Reserve banks and then they deliver to the services or if the services pick up the coinage at the Federal Reserve bank.
|
|
Bedrock of the Community
United States
94367 Posts |
Great thread - learned a lot here!
|
|
Bedrock of the Community
United States
20753 Posts |
I've always thought it was always shipped by UPS.  
|
|
Pillar of the Community
United States
824 Posts |
Great write up Conder. That stuff you never think about, but is very interesting.
|
|
New Member
United States
47 Posts |
This interests me too. Since returning to the hobby I've been aware of how few works about U.S. history mention the production and distribution of coins, or even their ordinary daily use. I have Burdette's From Mine To Mint and Van Ryzin's Crime of 1873, both good. Are there books that others have found useful? (I don't mean to confine the question to books whose primary focus is coins.)
Edited by xlrcable 09/22/2016 5:51 pm
|
|
Pillar of the Community
 United States
2200 Posts |
I guess that the wagons and stagecoaches that were used to transport coinage had to be really strong and well-built, which is where my initial question came from. It doesn't take a lot of coins to weigh a wagon or stagecoach down. And you obviously would need a team of powerful horses to pull all that loot. Plus, in those, days, paved roads didn't exist. So it seems to me that moving considerable amounts of coins any appreciable distance was fraught with problems.
|
|
Bedrock of the Community
United States
20753 Posts |
Quote: So it seems to me that moving considerable amounts of coins any appreciable distance was fraught with problems. Not really. Just keep adding horses or mules. Ever hear of that 20 mule team for hauling? Imagine how much stuff you could haul with about 30 or 40 mules. If the Egyptians moved all those large concrete blocks, what is so tuff about a bunch of coins.
|
|
Bedrock of the Community
United States
17884 Posts |
The thing is in the pre-truck era you were never hauling a considerable amount a long distance. Mostly just to the train station. And in the era before trains the amount of coinage made was much smaller For example the entire annual production of quarters in 1839 weighed just 3.3 tons. Except for the bulk a two or three wagons could haul the entire years production. If the production was evenly spread out (I know it wasn't) a months worth was only around 500 pounds. Easy to transport.
Cents would have been worse, the years production weighed 37.5 tons, figure about 20 to 25 wagons. But since you wouldn't be moving the entire years production at one time, a months worth would be down to 2 wagons. Ship more than once a month and the amounts become even more reasonable.
And there were always ships for sea transport, flatboats and steamboats for river cartage. Short haul to the docks and the long haul by water.
They had been hauling heavy, bulky item long before they hauled coins. Ever see pictures of wagons with six or seven barrels of beer, whisky etc stacked on them? Five whiskey barrels weighs about 1.5 tons. What do you figure a load of bricks weighed?
|
| |
Replies: 24 / Views: 3,468 |