New York Attempts to Regulate Coppers
THE PENNSYLVANIA PACKET, AND DAILY ADVERTISER. Philadelphia, Friday, July 27, 1787. No. 2644. Tabloid [47 by 28.5 cm]. 4 pages. A little browned; removed from previous binding. Very good. Page 3, third column, includes a substantial article printing “An Act to Regulate the Circulation of Copper Coin,” passed 20 April 1787. This legislation is cited by Crosby on pages 294–295 of The Early Coins of America: “Be it enacted by the people of the State of New York, represented in Senate and Assembly, and it is hereby enacted by the authority of the Same, that from and after the first day of August next, no coppers shall pass current in this State, except such as are of the Standard and weight of one third part of an Ounce averdupois, of pure copper, which coppers shall pass current at the rate of twenty to a Shilling of the lawful current Money of this State and not otherwise. And be it further enacted by the authority aforesaid, that if any person or persons, shall after the said first day of August next, offer in payment any copper coin, other than of the Standard and weight aforesaid, such copper coin shall be liable to be seized, and shall be forfeited to the use of the person or persons who shall seize the same...”
Price realized | 130 USD |
Starting price | 130 USD |
Estimate | 200 USD |