Colonial Coins

Common, scarce and rare colonial coins of the Americas, including the American colonies, for collectors and investors.

Rosa Americana Penny

The saga of American money covers a period of nearly four centuries, from 1620 to the present. It began when the early European settlers in New England started trading with Native Americans for furs and commodities that could be exported to Britain. The furs, tobacco, and lumber exports were used to purchase needed items that could not be produced locally. Trade was carried on with the Indians through the use of barter and strings of wampum, which were fashioned from mussel shells in the form of beads. Beaver skins, wampum, and, in Virginia, tobacco, soon became the commonly accepted local media of exchange for all other available commodities that were not bartered. The immigrants, in fact, had little use for coined money at first; but when merchandise arrived from Europe, coins were usually demanded in payment for goods.

Reference: A Guide Book of United States Coins, by R. S. Yeoman

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