I was not expecting this!

MrBlueSkyNM

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Apr 18, 2016
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I got sat down this weekend... I was stunned! This seated dime has to be one of the first US coins to have been lost in my state and I’m sure it’s owner was a US soldier. This 1852 silver dime dates the time when US soldiers first began building forts in the newly acquired New Mexico Territories of the United States following the Treaty of Guadalupe. Holy smokes! Thanks for looking and GL&HH! ImageUploadedByTreasureNet.com1571797534.384898.jpg
 

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cudamark

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Why would that be the one of the first U.S. coins lost in New Mexico? You have the oldest state capitol in the U.S. with Santa Fe (est. 1610 under Spanish rule). I'm sure people traveled throughout the area from that time to the present. I'm sure Spanish coins have been found there as well as early U.S. coins, although probably not in the same numbers as other east coast states. Nice find though! :icon_thumleft:
 

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MrBlueSkyNM

MrBlueSkyNM

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@cudamark Good point, Spanish Colonial rule was indeed as far back as the 1500’s. However, during this time, trade with foreign countries such as the US was not allowed. When Mexico obtained independence from Spain around 1826 the Mexicans opened trade to foreign countries. That’s around the time when the Santa Fe Trail started to take off. Sure there were fur traders who were present throughout this time, but the New Mexico Territory did not have a way to utilize US currency. Silver and gold was probably the only valuable currency. Trade was mostly a bartering type of trading that was taking place during this time. Actually, bartering is pretty much how it was in NM as it is so rural. US currency really didn’t enter into New Mexico’s economy until the 1850’s. I will be hitting a unique permission along the Santa Fe Trail in a couple of weeks and hope to find more evidence of early US migration into New Mexico Territories. Wish me luck!
 

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