Dump Coinage

[Swimmingly 0]

... in the context of references such as the introduction to the Indian States section of the 1701-1800 Krause Std. Cat., where it says

 

"The silver coins of Hyderabad (dump coins) are common in high grades, and the rupees of some states are scarcer ‘used’ than ‘new’. Great caution must be exercised in determining the value or scarcity of high grade dump coins. Dump gold was rarely circulated, and usually occurs in high grades, or is found made into jewelry."

 

Some coins are called "hammered dump coinage" and others simply "dump coinage" so not all hammered coins are dump coins, apparently. My search fu is weak -- can someone enlighten me what "dump" refers to?

 

TIA, Dan

[constanius 0]

It is the central piece of metal removed from a holed coin. A holed coins is called a 'holey' and the removed central piece is called a 'dump'

LINK 2nd LINK

 

How this relates to Indian coinage I am not sure, they may have been just very small coins which were similar to dumps and thereby acquired the same name.

[gxseries 0]

Funny how I came across this just a few hours ago: http://www.vision.net.au/~pwood/sep09.htm

 

It's worth reading. Australia used to have dump coinage as well - pretty scarce.

[josie 0]

Nice thread.

 

There is a shortage of coins for trade on those time.

 

Guest it must be something with the history of Europe,Canada and America.

 

started maybe when spanish counterstamp and counter mark the reales.

 

the reason events of those countries that time.

 

Just like a modern bi-metallic coins.

 

There is a tread about red nose when the silver worn out the cooper content will show.

 

http://www.nd.edu/~rarebook/coins/ColCoin/...pper.intro.html

 

http://en.wikipedia.org/wiki/Farthing_(Bri...)#Tin_farthings

 

Maybe meaning low denomination,low quality but still law money.

 

http://en.wikipedia.org/wiki/Dump

 

 

Use for trade

[josie 0]

Just posting.

 

http://en.wikipedia.org/wiki/Honourable_East_India_Company

[ASUtodd 0]

I had never heard of this, thanks for posting!

[Vincent 0]

Indian coins of the Mughal era (16th-19th century) are usually very thick. Silver rupees can easily be about 3 mm thick, coppers 5 mm. Coins of this type are called dump coins, seemingly unrelated to the "dumps" that are punched out of modern coins with a center hole. Similar coins were minted by the Delhi sultans prior to the Mughals and by the Marathas and other dynasties succeding the Mughals.

[hiho 0]

Interesting topic, and one that I was completely unaware of...

[josie 0]

Long history from debasement of gols,silver and coin.

 

To mixture in silver to plug coin.

 

To countermark,counterstamp,chopmark,holeydollar to dump coin.

 

To national to international trade.

 

It seems that dump coin is a coin that is lesser in value next to the coin dominating that area or next to whose authority in power,just a comment.

 

Depending who is using the term in a colony.

 

Just posting.

 

http://www.bbc.co.uk/history/trail/conques...oins_offa.shtml

[constanius 0]

Indian coins of the Mughal era (16th-19th century) are usually very thick. Silver rupees can easily be about 3 mm thick, coppers 5 mm. Coins of this type are called dump coins, seemingly unrelated to the "dumps" that are punched out of modern coins with a center hole.

 

Welcome Vincent , thanks for the info.