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Coins 'N Things, also known as CNT Inc., [1] is a privately held, family-controlled business in Bridgewater, Massachusetts, that was established as a retail shop for coin collectors and is now the largest wholesale vendor of gold in the United States. Coins 'N Things was started in 1973 by Louis Oliari, an engineer and coin collector.
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Bridgewater is a city in Plymouth County, Massachusetts, United States. [1] As of the 2020 U.S. Census, the town's population was 28,633. [2] The town center of Bridgewater is located approximately 25 miles (40 km) south of Boston, Massachusetts and approximately 35 miles east of Providence, Rhode Island. [3]
The coins circulated widely inside North America and the Caribbean. The pine tree shillings nearly all bore the date "1652". This was the date of the Massachusetts Bay Colony legislation sanctioning the production of shillings by the "Hull Mint" operated by John Hull and Robert Sanderson (two Massachusetts settlers and business partners).
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When minting coins, especially low denomination coins, there is a risk that the value of metal within a coin is greater than the face value, leading to negative seigniorage. This leads to the possibility of smelters taking coins and melting them down for the scrap value of the metal.
The Old Bridgewater Historical Society was founded in 1894 in West Bridgewater, Massachusetts. It is a 501(c)(3) non-profit organization. [ 1 ] The society operates from two buildings and has a library of genealogical and historical texts, manuscripts, documents, and photographs, as well as historical artifacts.