. New varieties of gold and silver coins, counterfeit coins and bullion, with mint values by Jacob R. Eckfeldt, and William E. Du Bois. hich was considered equivalent to a lossof one-half of one per cent., judging by the rateat which mint certificates were bought up bybanks and brokers. But as this order caused aconsiderable complication of accounts, and as itwas judged that dormant funds in the Treasuryof the United States might to a moderate extentbe used for payment of bullion, and so enablethe depositor to receive his coin promptly, theDirector of the Mint, Dr. Patterson, made asuccessful
. New varieties of gold and silver coins, counterfeit coins and bullion, with mint values by Jacob R. Eckfeldt, and William E. Du Bois. hich was considered equivalent to a lossof one-half of one per cent., judging by the rateat which mint certificates were bought up bybanks and brokers. But as this order caused aconsiderable complication of accounts, and as itwas judged that dormant funds in the Treasuryof the United States might to a moderate extentbe used for payment of bullion, and so enablethe depositor to receive his coin promptly, theDirector of the Mint, Dr. Patterson, made asuccessful representation of that matter to theHead of Department, and funds were placed inthe Treasury of the Mint for that since 1837, therefore, with an interruptionof l^ss^han six months in 1849, from which theMint hasA recovered, and which is not likely torecur, deposits have been paid in full, as soon asthe assay has determined their value ; ordinarilywithin a few days after the bullion is presented. OF COINS AND BULLION. 59 A temporary exception may sometimes happen,by the pressure of a very heavy arrival Postscript. The last arrival from Californiabrought two other varieties of coin issued , the five-dollar piece of Moffat & Co. Wehave seen three specimens and assayed two; theresults of these are perhaps a sufficient test ofvalue, and may be stated as such. The first: proportion of gold, 890 thous. silver, 59 copper, &c, 51 1000- The second: proportion of gold, 884 silver, 52 copper, &c, 64 1000-Weights of the three, 130, 130, 129£; being half to onegrain over half-eagle weight. The pieces were therefore worth $4 95 to$4 98^, at 130 grains weight; if by the quan-tity they are adjusted to the mean of the half- 60 NEW VARIETIES OP COINS, ETC. eagle, they can hardly average over $4 93. Atany rate, they would seem to be not far fromstandard mint value, as is said to be the sig-nification of the initials S. M. V. on the are still c
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