Minting Modern Money

Minting Modern Money

Selgin, George - Good Money~Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage, 1775-1821

Selgin's economic history of English coinage during the early stages of the Industrial Revolution traces and explains the love-hate codependency of business and government. Basic scenario: early manufacturers needed small denomination currency to pay their workers, but the Crown failed to mint enough. This shortage threatened industrial progress (and profits) so owns began minting their own "tradesman's tokens." Eventually the Crown tired of the competition and criminalized such currency.

309pp. + illus., appendix, bibliography, index


I originally posted this on Demonoid.

Remember: IF you don't seed, the torrent dies. And it can't always be brought back to life.