Mysteries of Police and Crime, Vol. 1 (of 3)Griffiths, Arthur
History
Mysteries of Police and Crime, Vol. 1 (of 3)
Griffiths, Arthur
Crime; Police
The general crime of this period was enormously increased by the
extensive fabrication of false money. Coining was extraordinarily
prevalent, and a wide, far-reaching system had been created for
distributing and uttering the counterfeits, not only at home but on the
Continent. All England, all Europe, was literally deluged with false
money, the largest proportion of which was manufactured in this country.
Not only was the current coinage of the realm admirably
counterfeited--guineas, half-guineas, crowns, half-crowns, shillings,
sixpences, and coppers, but the coiners could turn out all kinds of
foreign money--louis d'ors, Spanish dollars, sequins, pagodas, and the
rest, so cleverly imitated as almost to defy detection. So prosperous
was the business that as many as forty or fifty private mints were
constantly at work in London and various country towns fabricating false
money; as many as 120 workpeople were engaged, and the names of some 650
known coiners were registered at the Royal Mint. There was a steady
demand for the base coin; it went off so fast that the manufacturers
seldom had any stock on hand. As soon as it was finished it was sent
off, here, there, and everywhere, by every kind of conveyance. Not a
coach nor a carrier left London without a parcel of bad money consigned
to country agents. It was known that one agent alone had placed five
hundred pounds' worth with country buyers in a single week. Some idea of
the profits may be gathered from the fact that Indian pagodas, worth
8s., could be manufactured for 1-1/2d. apiece; and that the middleman
who bought them at 5s. a dozen retailed them at from 2s. 3d. to 5s.
each. The counterfeiting of gold coins was the least common, owing to
the expense of the process and the necessary admixture of at least a
portion of the precious metal. It was different with silver. It was
stated that two persons alone could manufacture between two and three
hundred pounds' worth (nominal value) of spurious silver in six days.
There were five kinds of base silver, known in the trade as flats,
plated goods, plain goods, castings, and "pig things." The first were
cut out of flattened plates of a material part silver, part copper; the
second were of copper only, silvered over; the third were of copper,
turned out of a lathe and polished; the fourth were of white metal, cast
in a mould; the "pig things" were the refuse of the rest converted into
sixpences. Copper coins were also manufactured largely out of base
metal.
[Illustration: IMITATION BANKNOTE ETCHED BY GEORGE CRUIKSHANK IN 1818,
SATIRISING THE INFLICTION OF CAPITAL PUNISHMENT FOR FORGERY.]
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account