Nice patina on this over 300 years old Rare brass Counter-Weight Exonumia 1 Pistol with Louis XIV on Obverse. Specifications today Weight 6.7 g 19.53 mm, composition brass. Three fleurs de lile above 1 Pistol on Reverse. This undated coin or exonumia was in use sometime during Louis XVI reign 1643 a.d. - 1715 a.d. originally utilized to weigh Louis D'Or Gold Coins and Spanish Gold Doubloons as a brass counter-weight. This was used by the first bankers to offset the balance scale when payment used to be by weight in coin instead of today whereby it is by count in the form of banknotes.
All United States banknotes are made from denim blue jeans or rags. If you are unable to buy an old gold coin this is a nice souvenir and reminder of how banking used to take place. If you put two $50 gold coins on a scale the scale would move downward a lot whereas putting a $100 banknote on a scale it's like feathers. The United States constitution defines money by weight in the form of copper, brass, silver or gold. Today the United States uses fiat currency for the payment of all private and public debts.
Seller does not ship Internationally. Seller ships only with the Mainland USA.
The provenance or Pedigree of this exonumia is the Louis J. Pinga collection Auctioneer & Former Real Estate Broker.
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