Sag Harbor Whaling Museum - Foreign Coins and Money Substitutes in Colonial America
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Museum Hours:
Mon - Sat: 10am to 5pm
Sunday: 1pm to 5pm

Office Hours:
Mon - Fri: 10am to 5pm


Tours and school groups
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throughout the year.
Please call for details.

200 Main Street
Sag Harbor, NY 11963
For more information
Call 631-725-0770
Fax: 631-725-5638

Email: info@sagharborwhalingmuseum.org

Museum Manager: Greg Therriault
Business Manager: Vanessa Petruccelli
Collections Manager: Richard Doctorow
Museum Shop Manager: Michael Butler
Harpoon Committee:
Terry Elkins + Scott Sandell + Gavin Zeigler

Board of Directors:
Barbara Pintauro~Lobosco - President
Linley Pennebaker Whelan - Vice President
Zachary Studenroth- Treasurer
Anthony Brandt - Secretary
Joanne Carter
Robert Chaloner
Peter Drakoulias
Annette Hinkle
Peter J. Marcelle
Catherine Ross
Kathie Russo
Bettina Stelle
Lynda Sylvester
Tom Dakin

A Presentation by Frank Sorrentino

Foreign Coins and Money Substitutes in Colonial America

in conjunction with The Customs House, The Eastville Historic Society & The Sag Harbor Historical Society.

October 6, 2012 at 4:00 PM

Foreign coins from the Netherlands, France, Portugal, Britain and Spanish America circulated in the American Colonies up until the first time that US coins were minted in 1793, and until they were demonetized in 1857. The law allowed until the year 1859 to complete this transition. It took over sixty years for the United States mints to produce enough coins to have Congress legislate the elimination of foreign coins from circulation.

The subjects covered in this presentation explains how Dutch, French, British and Spanish coins influenced US coinage, as well as influence local and international trade. The discussion will include the many types of money substitutes used to conduct trade, how merchants used ledgers to keep track of customer accounts, and will examine the use of everyday commodities as money.

Coins that circulated during the colonial period as well as colonial paper money will be exhibited.

No reservations required, donations welcome.