Scan 10 by henrysmedford, on Flickr
Scan 10 by henrysmedford, on FlickrHelp with this chart from 1878. US mint gold and silver coin
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Help with this chart from 1878. US mint gold and silver coin
by henrysmedford » Tue Jan 20, 2015 11:07 pm
I found this small book from the 1880s in my late mom stuff. The book is small and has over 500 pages of facts and tables. Any ideas of what the D.C.M in the chart means. I know the non us coin were used in the past but this info is new to me.
Scan 10 by henrysmedford, on Flickr
Scan 10 by henrysmedford, on Flickr
Scan 10 by henrysmedford, on FlickrScan 10 by henrysmedford, on Flickr
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Re: Help with this chart from 1878. US mint gold and silver
by aloneibreak » Tue Jan 20, 2015 11:42 pm
d - deci - tenth
c - centi - hundredth
m- milli - thousandth
value based on one u.s. dollar maybe ?
c - centi - hundredth
m- milli - thousandth
value based on one u.s. dollar maybe ?
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Re: Help with this chart from 1878. US mint gold and silver
by coindood » Tue Jan 20, 2015 11:46 pm
It's probably the exchange rate in US "dollars, cents and mills", the latter being the smallest official denom, representing one thousandth of a dollar.
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Re: Help with this chart from 1878. US mint gold and silver
by Recyclersteve » Tue Jan 20, 2015 11:59 pm
I was gonna say dollar, cent, and millicent (just a guess- I'll defer to the expert historians to offer a more definitive explanation)...
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NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
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Re: Help with this chart from 1878. US mint gold and silver
by 68Camaro » Wed Jan 21, 2015 6:39 am
Recyclersteve wrote:I was gonna say dollar, cent, and millicent (just a guess- I'll defer to the expert historians to offer a more definitive explanation)...
a) Interesting bit of history
b) believe RS has it right
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