Colonial Money program rescheduled

money-newlinksAward-winning numismatist Philip I. Mossman, MD, will present a program on “The Money of Colonial Virginia” 7 p.m. Thursday, Feb. 20 at the R. R. Smith Center in Staunton.

The presentation had been scheduled to be a two-part series set to begin Thursday, but was compressed into a one-night event next week due to the ongoing major snowstorm.

The event is part of the popular Stuart Talk series presented by the Augusta County Historical Society in the Smith Center’s second floor lecture room and are free for ACHS members.  Non-member admission is $5 adult, $1 for students .

The first part of the program will describe the development of colonial monetary systems, and how colonial monies prospered despite great pressure against them from England.  Mossman notes, “The deck was always stacked in favor of the mother country.”  He will discuss the use of Virginia tobacco as a money equivalent, as well as the specific colonial coins actually put into circulation.

The second part of the program will focus on colonial paper currency, its development, varieties, benefits and inherent problems.

Dr. Mossman has been fascinated by numismatics since the seventh grade.  When he found there was no contemporary, comprehensive reference material on the currency of early Virginia, he began to gather and correlate material on the money of the period.  In 1993 he published Money of the American Colonies and Confederation: A Numismatic Economic and Historical Correlation. The award-winning book was published by the American Numismatic Society.

Last year Dr. Mossman published a second book on early U.S. money, From Crime to Punishment: Counterfeit and Debased Currencies in Colonial and Pre-Federal America.

Dr. Mossman’s work has been recognized with the Huntington Medal Award, the top career achievement Award presented by the American Numismatic Society.

The ACHS was founded in 1964 to study, collect, preserve, publish, educate about, and promote the history of Augusta County and its communities. The society is marking its 50th year in 2014 with special events and presentations.

More information is available online at


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