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Name: John Hull, the Mint and the Economics of Massachusetts Coinage by Louis Jordan
Description: Colonial Coin Collectors Club, distributed by University Press of New England, 2002, 368
pp. 55 illus. Large format 8 1/2 x 11", clothbound with dust jacket. ISBN
1-58465-292-6 This is very well researched book that it will remain the definitive work on
this subject for long time. Three hundred and fifty years ago‚ on September 1‚ 1652‚
John Hull and Robert Sanderson officially opened the Massachusetts Bay Mint in Boston‚
issuing the first coins produced in what is now the United States. The initial issue
consisted of simple round planchets with NE punched on the obverse and the denomination on
the reverse. These silver coins are highly prized by collectors‚ as can be seen in the
prices realized from Stack’s auction of the Hain Family Collection of Massachusetts
Silver in January 2002. In celebration of the 350th anniversary of the opening of the
mint‚ the Colonial Coin Collectors Club published John Hull‚ the Mint and the Economics
of Massachusetts Coinage—an interpretation of original sources, resulting in a
comprehensive history of the Massachusetts Mint from its founding in 1652. Using the
surviving ledger of John Hull‚ Louis Jordan discusses production at the mint‚
investigating minting techniques, productivity and the profitability of the enterprise.
Jordan also examines the political and economic factors that contributed to the rise and
prosperity of the mint as well as the factors that led to its closing. The book also
includes a commentary with illustrations on a discovery first announced by Stack’s in May
of 2002 regarding an NE shilling that was overstruck as a Willow Tree‚ of which both the
understrike and overstrike represent newly identified reverse dies. TABLE OF CONTENTS
Editor's Foreword xi Introduction xiii Preface xv Part One - John Hull and the
Massachusetts Mint Chapter 1 - The Hull and Sanderson Homesteads and the Location of the
Massachusetts Mint1 Addendum - Massachusetts Bay Colonists Named John Hull 18 Chapter 2 -
The Personal Ledger of John Hull and the Shop Account from 1671 to 1680 20 Part Two - The
Massachusetts Mint and British Politics Chapter 3 - The Massachusetts Mint and British
Politics after the Restoration 27 Part Three - The Economics of Massachusetts Silver
Coinage Chapter 4 - Mint Charges in Massachusetts Bay 46 Chapter 5 - Coin Weight at the
Massachusetts Mint 54 Chapter 6 - The Relative Value of Massachusetts and British Silver
Coinage 64 Part Four - Production Issues Chapter 7 - Minting Procedures in Massachusetts
Bay 74 Chapter 8 - Consignments at the Massachusetts Bay Mint 95 Chapter 9 - Estimated
Mint Productivity as Reflected in the Hull Ledger 102 Chapter 10 - Consignment Turnaround
Time at the Massachusetts Bay Mint 118 Chapter 11 - The Size of a Melt and its Relation to
Production Runs at the Massachusetts Bay Mint 124 Chapter 12 - John Hull and Robert
Sanderson as Silversmiths and Coiners 128 Chapter 13 - Other Individuals Mentioned in
Connection with the Massachusetts Coining Operation 140 Part Five - The Eight Reales and
its Value in Britain and Massachusetts Bay Chapter 14 - The Significance of the Eight
Reales Cob Coinage in Massachusetts Bay148 Chapter 15 - The Intrinsic Value of the Spanish
Real and the Eight Reales 151 Chapter 16 - The Eight Reales in England 156 Chapter 17 -
The Valuation of the Eight Reales and the Price of Silver in Massachusetts Bay 167
Appendix I: Transcription and Commentary of the Shop Account, 1671-1680 179 Appendix II: A
Chronological Listing of Documents and Events Relating to the Massachusetts Mint 217
Figures 284 Postscript on a Newly Discovered NE/Willow Overstrike 322 Bibliography of
Works Cited 327 Index 337   About the Author: LOUIS JORDAN is the Director of the
Department of Rare Books and Special Collections at the University of Notre Dame, where he
curates the ancient, medieval and numismatic collections. He is the author of the website
The Coins of Colonial and Early America as well as the related sites Colonial Currency and
Washington Tokens, all of which can be found at http://www.coins.nd.edu on the world wide
web. He also serves as an associate editor for The Colonial Newsletter and has lectured
and published on the Massachusetts Mint, Constellatio Nova coppers and other aspects of
colonial numismatics. The author was raised in Saugus, Massachusetts, and studied history
at the University of Massachusetts in Boston, the University of Chicago and the University
of Notre Dame, where he was awarded a doctorate in medieval studies. He has published an
lectured extensively on a medieval topics and is a member of the Comite internationale de
paleographic latine. 45.00
Price: US$ 45.00 (2007-04-24)
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