Monday, April 23, 2018

Genealogy. How Coinage was Hidden #northcarolinapioneers

How Coinage was Hidden

Covington HomeWay back in biblical times, the accumulated wealth of a family was kept under guard in a building. The process of retaining physical wealth before paper money, presented problems. A pirates chest filled with coins and jewelry was considered treasure. Privateers were hired by European countries to intercept Spanish vessels on the high seas and seize treasure stolen by the Spanish from Brazil and other South American Countries. The bounty was split, with most of the treasure going to the county providing the letters of marque. Until paper money, art and statues made of gold and other precious ore tended to reveal a wealthy family estate. Although banking houses were used, coins were too heavy to carry around. During war time, to prevent the enemy from seizing an estate, people hid coinage in their flower garden. When word came to Atlantans that General Sherman en route, money and other valuables was hidden just about everywhere. While "Underground Atlanta" was being constructed, a great treasure of gold was found hidden in a brick wall. Also, according to family stories, while refugeeing to Kennesaw, many jumped the train and hid treasure along the way. 
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