Читать книгу A Guide Book of United States Coins 2021 - R.S. Yeoman - Страница 10

The Articles of Confederation, adopted March 1, 1781, provided that Congress should have the sole right to regulate the alloy and value of coin struck by its own authority or by that of the respective states. Each state, therefore, had the right to coin money, with Congress serving as a regulating authority. New Hampshire was the first state to consider coinage, but few if any of its copper coins were placed into circulation. The only specimens known bear the date 1776.

In the period from 1785 to 1788, Vermont, Connecticut, and New Jersey granted coining privileges to companies and individuals. Massachusetts erected its own mint in Boston, where copper coins were produced in 1787 and 1788. A number of interesting types and varieties of these state issues, most of which were struck in fairly large quantities, are still extant and form the basis for many present-day collections and museum exhibits of early American coins.