Postby dognose » Fri Oct 29, 2021 12:31 pm
One of the most unique and taking novelties we have seen this season is the silver disque manufactured and sold by Spaulding & Co., and gotten up after the style of our silver dollar coins, only it is much larger and contains 823 grains of coin silver, which was the equivalent of a gold dollar in value, based on the market value of silver, September 16, 1896. They are sold at §1, and are in great demand, in fact, the above firm cannot near keep up with their orders. It is in great favor with sound money speakers all over the country, such orators as Burke Cochran, Theodore Roosevelt and others using them in their orations as illustrations, It costs Spaulding & Co. five cents to manufacture each piece, as well as the cost of the die, so that they are making no profit in the sale of the disques ; rather it costs them money, but they consider their sale a good investment for them as a splendid advertising scheme.
Source: The Keystone - November 1896
Trev.