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V11 2008 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 11, Number 30, July 27, 2008, Article 6

GEORGE SELGIN'S "GOOD MONEY" AVAILABLE AT ANA CONVENTION

Good Money Regarding George Selgin's new book Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage, 1775-1821, Scott Loos writes:
The Conder Token Collector Club had contacted the publisher to see if the author was able to attend the Baltimore ANA to speak at our meeting and possibly do a signing session at the ANA author's table. Unfortunately, he will unable to attend the convention, but I have arranged to have a case of the title shipped to me at my Baltimore hotel. If any E-Sylum readers are interested in obtaining a copy, I will have them available at my bourse table (#1616 - Scott Loos World Coins). The book retails at $40.00.
We have discussed the book before here in The E-Sylum. I haven't seen it yet, but I'm looking forward to it and would welcome reviews of the book for publication here after the convention. Below is an excerpt from the publisher's advertising blurb. -Editor
Good Money tells the fascinating story of 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." Rapidly gaining wide acceptance, these tokens served as the nation's most popular currency for wages and retail sales until 1821, when the Crown outlawed all moneys except its own. Economist George Selgin presents a lively tale of enterprising manufacturers, technological innovations, alternative currencies, and struggles over the right to coin legal money.



Wayne Homren, Editor

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