Wednesday, January 23, 2008

Beaver Coins

Beaver Coins, also identified in Pioneer days as Beaver Money, were gold coins temporarily minted by the Provisional Government of the Oregon Territory in the late 1840's. The coins were available in $5 and $10 dollar denominations. Their name comes from the well-known Beaver depicted on the face of the coins. Today these coins are moderately rare and valuable.
The invasion of settlers into the Oregon Country produced a shortage of circulating currency. The population at the moment in time resorted to using gold specks or minting their own gold coins for use in trading. Many settlers began lobbying the territory's new government to accurate this situation.
The Provisional Territorial Legislature at Champoeg then gave the endorsement for the Oregon Exchange Company to mint currency. Although the Oregon Exchange Company was generally a private organization, the territorial legislature set the coin's values, authorized a mint, and appointed the officers to the mint.

Monday, January 7, 2008

Caribbean Sea

The Caribbean Sea is a hot sea in the Western Hemisphere, part of the Atlantic Ocean, southeast of the Gulf of Mexico. A Mediterranean sea, it covers most of the Caribbean Plate and is surrounded on the south by South America, on the west and south by Mexico and Central America, and on the north and east by the Antilles: the Greater Antilles islands of Hispaniola, Jamaica, Cuba and Puerto Rico lie to the north, and a plethora of Lesser Antilles bound the sea on the east. The entire area of the Caribbean Sea, the numerous islands of the West Indies, and adjacent coasts, are collectively known as the Caribbean.