Massachusetts Pound
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Massachusetts Pound
The pound was the currency of the Commonwealth of Massachusetts and its colonial predecessors until 1793. The Massachusetts pound used the £sd currency system of 1 pound divided into 20 shillings, each of 12 pence. Initially, sterling coin and foreign currencies circulated in Massachusetts, supplemented by pine tree shilling produced by the "Hull Mint" between 1652 and 1682 and by local paper money from 1690. The paper money issued in colonial Massachusetts was denominated in £sd, although it was worth less than sterling. Initially, six shillings were equal to one Spanish dollar. After years of high inflation, in 1749 Massachusetts withdrew its paper money from circulation and returned to specie. Massachusetts once again began issuing paper money after the American Revolutionary War began in 1775. The state currency depreciated greatly and was replaced by the U.S. dollar in 1793. Coins Shillings were issued in denominations of 3 and 6 pence and 1 shilling. The first pieces b ...
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England
England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest and the Celtic Sea to the southwest. It is separated from continental Europe by the North Sea to the east and the English Channel to the south. The country covers five-eighths of the island of Great Britain, which lies in the North Atlantic, and includes over 100 smaller islands, such as the Isles of Scilly and the Isle of Wight. The area now called England was first inhabited by modern humans during the Upper Paleolithic period, but takes its name from the Angles, a Germanic tribe deriving its name from the Anglia peninsula, who settled during the 5th and 6th centuries. England became a unified state in the 10th century and has had a significant cultural and legal impact on the wider world since the Age of Discovery, which began during the 15th century. The English language, the Anglican Church, and Engli ...
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1793 Disestablishments In Massachusetts
The French Republic introduced the French Revolutionary Calendar starting with the year I. Events January–June * January 7 – The Ebel riot occurs in Sweden. * January 9 – Jean-Pierre Blanchard becomes the first to fly in a gas balloon in the United States. * January 13 – Nicolas Jean Hugon de Bassville, a representative of Revolutionary France, is lynched by a mob in Rome. * January 21 – French Revolution: After being found guilty of treason by the French National Convention, ''Citizen Capet'', Louis XVI of France, is guillotined in Paris. * January 23 – Second Partition of Poland: The Russian Empire and the Kingdom of Prussia partition the Polish–Lithuanian Commonwealth. * February – In Manchester, Vermont, the wife of a captain falls ill, probably with tuberculosis. Some locals believe that the cause of her illness is that a demon vampire is sucking her blood. As a cure, Timothy Mead burns the heart of a deceased person in f ...
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Historical Currencies Of The United States
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well as the memory, discovery, collection, organization, presentation, and interpretation of these events. Historians seek knowledge of the past using historical sources such as written documents, oral accounts, art and material artifacts, and ecological markers. History is not complete and still has debatable mysteries. History is also an academic discipline which uses narrative to describe, examine, question, and analyze past events, and investigate their patterns of cause and effect. Historians often debate which narrative best explains an event, as well as the significance of different causes and effects. Historians also debate the nature of history as an end in itself, as well as its usefulness to give perspective on the problems of the p ...
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Boston
Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- most populous city in the country. The city boundaries encompass an area of about and a population of 675,647 as of 2020. It is the seat of Suffolk County (although the county government was disbanded on July 1, 1999). The city is the economic and cultural anchor of a substantially larger metropolitan area known as Greater Boston, a metropolitan statistical area (MSA) home to a census-estimated 4.8 million people in 2016 and ranking as the tenth-largest MSA in the country. A broader combined statistical area (CSA), generally corresponding to the commuting area and including Providence, Rhode Island, is home to approximately 8.2 million people, making it the sixth most populous in the United States. Boston is one of the oldest ...
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The Pine Tree Shilling
The pine tree shilling was a type of coin minted and circulated in the thirteen colonies. The Massachusetts Bay Colony established a mint in Boston in 1652. John Hull was Treasurer and mintmaster; Hull's partner at the "Hull Mint" was Robert Sanderson. Prior to 1652, the Massachusetts financial system was based on bartering and foreign coinage. The scarcity of coin currency was a problem for the growth of the New England economy. On May 27, 1652, the Massachusetts General Court appointed John Hull, a local silversmith, to be Boston's mint master without notifying or seeking permission from the British government. Coins were issued in denominations of 3 and 6 pence and 1 shilling. The first pieces bore the letters "NE" and the denomination "III", "VI" or "XII". The coins were smaller than the equivalent sterling coins by 22.5%. Later pieces, struck between 1652 and 1660 or 1662, bore the image of a willow tree, with an oak tree appearing on coins produced between 1660 or 1662 a ...
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Jeremiah Dummer (silversmith)
Jeremiah Dummer (September 14, 1645 – May 24, 1718) was the first American-born silversmith, whose works are today highly valued, two items of his having sold in 2004 and 2007 both for $204,000. He was also noted as a portrait painter and as an engraver, who created the first paper currency in Connecticut Colony. His son Jeremiah Jr. was involved with the foundation of Yale University. Life Dummer was born in Newbury, Massachusetts Bay Colony, the first son of Richard Dummer and his second wife, Frances Burr. At the age of 14, he was apprenticed to John Hull, the mintmaster at Boston. Hull recorded at the time that he "received into my house Jeremie Dummer ... to serve me as Apprentice eight years". When he was 23 he started on his own and became a prolific and notable silversmith making tankards, beakers, porringers, caudle cups and candlesticks. The fluted band on a plain surface is characteristic of his work. He is said to have introduced into American silver ...
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John Hull (merchant)
Captain John Hull (18 December 16241 October 1683) was a silversmith, goldsmith, Mintmaster and Treasurer for the Massachusetts Bay Colony. Hull was born in Market Harborough, Leicestershire, England. He married Judith Quincy (1626–1695), daughter of Judith Pares (d. 1654) and Edmund Quincy, progenitors of the prestigious Quincy family. His nephew, Daniel Quincy (1651–1690) was an apprentice to Hull. Daniel Quincy was great grandfather to Abigail Smith Adams; first Second Lady of the United States and the second First Lady of the United States. Education Hull was "the earliest scholar who can now be named of Philemon Pormort, whose school, the only one in Boston, the first school of public instruction in Massachusetts " ( Boston Latin School). "On May 11, 1647 the twenty two year old John Hull married Judith Quincy, daughter of Edmund Quincy (1602-1636) and Judith Quincy. In his diary John Hull wrote that he had been married in his own house, his exact words were, "Mr. ...
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Charles I Of England
Charles I (19 November 1600 – 30 January 1649) was King of England, Scotland, and Ireland from 27 March 1625 until Execution of Charles I, his execution in 1649. He was born into the House of Stuart as the second son of King James VI of Scotland, but after his father inherited the English throne in 1603, he moved to England, where he spent much of the rest of his life. He became heir apparent to the kingdoms of England, Scotland, and Ireland in 1612 upon the death of his elder brother, Henry Frederick, Prince of Wales. An unsuccessful and unpopular attempt to marry him to the Spanish Habsburg princess Maria Anna of Spain, Maria Anna culminated in an eight-month visit to Spain in 1623 that demonstrated the futility of the marriage negotiation. Two years later, he married the House of Bourbon, Bourbon princess Henrietta Maria of France. After his 1625 succession, Charles quarrelled with the Parliament of England, English Parliament, which sought to curb his royal prerogati ...
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Commonwealth Of England
The Commonwealth was the political structure during the period from 1649 to 1660 when England and Wales, later along with Ireland and Scotland, were governed as a republic after the end of the Second English Civil War and the trial and execution of Charles I. The republic's existence was declared through "An Act declaring England to be a Commonwealth", adopted by the Rump Parliament on 19 May 1649. Power in the early Commonwealth was vested primarily in the Parliament and a Council of State. During the period, fighting continued, particularly in Ireland and Scotland, between the parliamentary forces and those opposed to them, in the Cromwellian conquest of Ireland and the Anglo-Scottish war of 1650–1652. In 1653, after dissolution of the Rump Parliament, the Army Council adopted the Instrument of Government which made Oliver Cromwell Lord Protector of a united "Commonwealth of England, Scotland and Ireland", inaugurating the period now usually known as the Protecto ...
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