Collections of the Vermont Historical Society volume 01
Collections of the Vermont Historical Society volume 01
Vermont Historical Society
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The art of coinage had its origin not far from eight hundred years before the Christian era, and the early products of the mint were exceedingly rude in their structure. The history of the progress of the art, and the improvement in the figure, beauty, and adaptedness of coins to their intended use, is a subject of great in terest, but too extensive to be entered upon in a brief paper like this. It will be sufficient for our present purpose to state that a coin is a metalic substance, of a give...n weight and value, and bears 292 The Vermont Coinage. upon it a device or seal placed there by order of government, and is designed to be a medium of exchange. All these particulars are essential constituents of a coin. Metalic pieces are often struck from dies, and resemble coins, but are not so, simply be cause they are wanting in one or more of the before-mentioned particulars. Medals may have the necessary weight, value and devices, but arc not coins, because they are not authorized as such by the government.
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