Picture 1 of 2

Stock photo

Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of - Picture 1 of 2

Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of - Picture 2 of 2

Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage, 1775-1821 by George Selgin (Paperback, 2011)

loveourprices2 (119248)

95.6% positive Feedback

Price:

£20.83

Free postage

Estimated delivery Mon, 25 Aug - Tue, 9 Sep

Returns:

30 days return. Buyer pays for return postage. If you use an eBay delivery label, it will be deducted from your refund amount.

Condition:

New

A fascinating story of the important yet virtually unknown episode in the history of money, this history chronicles the British manufacturers' challenge to the Crown's monopoly on coinage.

About this product

Product Information

A fascinating story of the important yet virtually unknown episode in the history of money, this history chronicles the British manufacturers' challenge to the Crown's monopoly on coinage. In the 1780s, when the Industrial Revolution was gathering momentum, the Royal Mint failed to produce enough small-denomination coinage for factory owners to pay their workers. As the currency shortage threatened to derail industrial progress, manufacturers began to mint custom-made coins, called tradesman's tokens, which served as the nation's most popular currency for wages and retail sales until 1821, when the Crown outlawed all moneys except its own. This book not only examines the crucial role of private coinage in fueling Great Britain's Industrial Revolution, but also sheds light on contemporary private-sector alternatives to government-issued money, such as digital monies, cash cards, electronic funds transfer, and-outside of the United States-spontaneous dollarization.