Mike is selling his private collection of historic coffee coins. As he hunts down reserve coffees, he turns over the proverbial rocks to find rare finca coins, and selects the “cream of the crop.”
“…as a result of chronic coin shortage and lack of fractionated currencies needed to pay day workers for retail trade transactions, farms had coins marked or minted to be used as payment to workers on cane and coffee farms… A Bank of Guatemala study confirms that use of coins in Guatemala began in the mid-18th century and remained
as a practice until the mid-1900’s. They were abolished by the 1945 Monetary Law and now have value only as collector’s items. Coins are made of bronze, copper, nickel, tin, aluminum and even leather, wood or cardboard. They represented values inferior to the legal silver or gold tender of the
time… Some coins were engraved with the farm’s name or the owner’s name or initials or even a drawing, as well as the fixed value of the coin equal to a day’s wages, a task, a crate or half-crate used in the coffee harvest. They could be spent in stores, the railroad, barber shops, pharmacies and cantinas on the farm or neighboring farms… The coins used on farms to pay resident laborers meant a laborer didn’t have the freedom to spend his salary wherever he wished but rather he was restricted to spending it on the farm’s limited sphere of influence.” (Regina Wagner, The History of Coffee in Guatemala – Bogota, Colombia, Benjamin Villegas & Asociados, 2001, p100.)
Own a piece of coffee history! Here’s what you will receive for $114:
One coffee coin and one pound of Crossroads beans shipped to your address in the USA. We will also throw in a handmade Crossroads pen, because this deal is so good, you will want to write home about it.