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Monday, July 24, 2017

Coins in Circulation in the Virginia Colony #virginiapioneersnet


Coins in Circulation in the Virginia Colony

Dutch CoinsIt is significant to find that among the different kinds of money sterling in circulation in the counties along the Eastern Shore was the lion or dog collar, as it was called from the device on its face. Perhaps this was a Dutch coin obtained during the smuggling of traffic into the colony (despite Navigation Laws). The merchants of of Holland found easy trade with the colonists during the 17th century which undoubtably assisted the early colonists in their survival. A petition in 1696 from the planters of Accomac to their representatives in the House of Burgesses, asked that a legal value be set upon the lion or dog in order that it might be used to advantage in current business transactions. 

Source: Palmer's Calendar of Virginia State Papers, vol. I, page 52. 
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