The Numismatic Bibliomania Society

PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V23 2020 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 23, Number 45, November 8, 2020, Article 26

TOKEN AND MEDAL MAKER JOHN GIBBS

In an American Numismatic Society Pocket Change blog post, Dr. Jesse Kraft examines the career of John Gibbs, a token maker and possible counterfeiter. Here's an excerpt - see the complete article online for more. -Editor

1831 John Gibbs stage token obverse 1831 John Gibbs stage token reverse

Opportunity often leads to innovation. Sometimes the events that contribute to an evolution of this nature are well-known and documented, while other times they are lost to history and only able to be speculated by present-day researchers. This is the case with the career of John Gibbs. In the course of the 1830s, his profession took a radical turn. While the exact details are currently unknown, the numismatic evidence of how his occupational path evolved creates a compelling story.

John Gibbs was born in Birmingham, England in 1809 and came to the United States as a young man with his father, William, having settled in Belleville, New Jersey. He proved to be very skillful and competent at a young age, and by 22 years old he owned and operated a stagecoach line that ran from Belleville to Newark (3 miles), and to New York City (8 miles). While little is known about the coach itself, Gibbs had a token struck for passengers to use. After purchasing a token, a passenger could simply exchange the piece for fare, and allowed Gibbs and other operators to not waste time waiting for customers to find the correct amount due or to have to provide change to customers. In 1831, this truly was an innovation and considered the first transportation token struck in the United States. On the obverse, the token reads "USM \ STAGE \ I. GIBBS | BELLEVILLE & NEW YORK," while the reverse inscription states that the token was "GOOD FOR ONE RIDE \ TO \ THE \ BEARER".

J Gibbs Manusacturer of medals and tokens token obverse It was also around this time that Gibbs and Joseph Gardner leased a building on the property of Stevens, Thomas & Fuller—a brass-rolling firm—under the name Gibbs, Gardner & Co. From their landlords, Gibbs and Gardner procured brass sheet stock to manufacture buttons. Like other button-manufactories (most notably those in Birmingham, England), their skills came in handy to produce base-metal coinages during times of coin shortages. As a result, Gibbs, Gardner & Co produced some of the earliest Hard Times tokens in the mid-to-late 1830s for a plethora of private firms. He even made one for himself that states "J. GIBBS MANUFACTURER \ OF \ MEDALS \ AND \ TOKEN \ &c. | BELLEVILLE \ NJ." The reverse displays a brigantine with the inscription "AGRICULTURE AND COMMERCE".

Soon, his business began to thrive. Locals began to call the establishment "The Belleville Mint," and other orders came in, most notably from individuals in the Montreal, Quebec area beginning in 1836. These were in the form of the "bouquet sou" tokens of Lower Canada. The Belleville Mint was not the first to strike these pieces, as a mint in New York State struck 500,000 pieces for the Bank of Montreal the previous year. These tokens proved popular in fulfilling the need for small change, and other individuals began to speculate on the them. In 1836, exchange broker, Dexter Chapin, commissioned the Belleville Mint to strike bouquet sou tokens and imported them into Lower Canada. While the quantity is not currently known, the Belleville Mint used at least 13 sets of dies, so it was, by no means, a trifling amount. These are, essentially, imitations of the pieces commissioned by the Bank of Montreal. Ultimately, others in Birmingham, England and Montreal also created dies and struck coins for this issue.

The Belleville Mint also purportedly struck copper coins for Liberia, Brazil, and Haiti - see the article for more. Fascinating history. -Editor

To read the complete article, see:
JOHN GIBBS: STAGECOACH OPERATOR TURNED TOKEN INNOVATOR, TURNED COUNTERFEITER (http://numismatics.org/pocketchange/gibbs/)

1921 Silver Coin Anniversary Act Senate


Wayne Homren, Editor

Google
 
NBS (coinbooks.org) Web

The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

To subscribe go to: https://my.binhost.com/lists/listinfo/esylum

PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V23 2020 INDEX       E-SYLUM ARCHIVE

Copyright © 1998 - 2024 The Numismatic Bibliomania Society (NBS)
All Rights Reserved.

NBS Home Page
Contact the NBS webmaster
coin