Category Archives: Numismatics

A Loose Exonumic Item

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I looked out this morning to – a yard of white. Sure enough, snow overnight. Just a dusting that didn’t last through the sunny daylight hours. Temps stayed a little below freezing all day and the wind was brisk. All in all, a raw day, even for March. Winter doesn’t want to give up.

It’s a modern illusion that the world is small. But it’s big enough to swallow entire jet airliners occasionally. My house is small in the grand scheme of things, but even so I don’t know everything within. Lately Lilly has taken to clearing debris out of her room – it’s going to take her a while – and I was doing some consulting about the best ways to arrange her closet.

On her cluttered desk I saw a small coin, a bronze color as some coins have, but no U.S. currency. Sometimes coins get loose from my accumulation of cheap foreign specie and wind up at random locations in the house, so I thought that had happened.

But no. It’s a shower token from the Platte River Campground at Sleeping Bear Dunes National Lakeshore. We visited in 2007, and even camped there, but I don’t remember buying, using or leaving with any tokens. But it seems that I did. Which somehow got up into Lilly’s room – which wasn’t Lilly’s room back in 2007. Go figure.

I’ll put it with my other tokens. I don’t have many. Fun word for the day: exonumia, which Merriam-Webster defines as “numismatic items (as tokens, medals, or scrip) other than coins and paper money.” First known use, 1962, so I’m older than the word. Barely.

Just using my memory, I believe I have a subway token from Moscow and one from St. Petersburg; one of the discontinued CTA tokens (maybe); a token of some kind from New York; a car wash token from somewhere; and a Chuck E. Cheese token, though I might be wrong about that. Unlike Russia or New York, I do my best to forget my two or three visits to that place.

Worth Only the Paper They’re Printed On

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Missed the green dye in the Chicago River on Monday, though of course plenty of pictures have been posted elsewhere. It’s a curious custom. Mostly the river looks like this in the colder months.

Downtown Chicago 2013

I’ve been transferring images from one place to another — from a very old computer to a somewhat old computer — and looked at some of the files for the first time in a while. I didn’t remember, for instance, that I’d scanned my Biafran one-pound note.

BiafraquidI bought it sometime in the late 1970s, and I know I didn’t pay very much for it. Biafra might have failed as a secessionist movement, but apparently they produced a lot of worthless banknotes during their try.

Then there’s this:

HypermarkWeimar Republic hyperinflation currency, to the tune of 10,000 marks, dated January 19, 1922. Scanned slightly askew, but never mind. I bought four or five of these notes, in crisp condition, for $1 in 2001.

One more. The theme tonight, it turns out, is nearly worthless banknotes — not only as collectibles, but pretty much from day one.

rubleThis is a 1,000 rubles. Or was. Dated 1993, plucked out of circulation by me in 1994. During the two weeks we were in the Russian Federation, the value of the ruble against the dollar varied a lot. I seem to remember it being about 2,000 rubles to the dollar — or was it 3,000? I think it was both, at one time or another. This was small change in any case.

The currency has been redenominated since then. Wiki, for what it’s worth, says “the ruble was redenominated on 1 January 1998, with one new ruble equaling 1000 old rubles. The redenomination was a purely psychological step that did not solve the fundamental economic problems faced by the Russian economy…  and the currency was devalued in August 1998 following the 1998 Russian financial crisis. The ruble lost 70% of its value against the U.S. dollar in the six months following this financial crisis.

“By calculating the product of all six redenominations, it is seen that a pre-1921 ruble is equal to 2×1016 current rubles.” About 20 quadrillion to one, that is. Good thing they’ve been redenominating. Even Zimbabwe doesn’t have a currency that small, I think.

 

The Horde

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Subzero again, at least overnight. Seems like the Polar Vortex is back. Which sounds like an enemy of Dick Tracy.

In case you ever wonder just who that’s been over the years, there’s this list. (What would we do without Wiki?) But I don’t plan to look at it very closely. Dick Tracy is something that could vanish in its entirety, and the world would be exactly the same without it.

Now this is an interesting story. Millions in buried treasure. How often does that happen? Just about never. Less likely than winning a multistate lottery.

But every now and then, there’s word of a horde of one kind or another. The psychology’s fascinating. Who buried a fortune in gold in cans on a stray piece of land in rural California and, more importantly, why didn’t they come back for them?

Thursday Bagatelle

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I drove through thick fog early this evening. Remarkably, the fog disappeared in about 10 minutes as I was driving along – blown away by the strong winds entering the Chicago area that are still gusting outside, and which are supposed to last into tomorrow.

While writing about small-nation participants in the Olympics last week, my thoughts naturally turned to Sealand. (Whose wouldn’t?) Besides no status as an actual country, Sealand has no Olympic committee, either. But it’s always entertaining to read about the place.

The founder of Sealand died only in 2012, which I hadn’t heard. I also didn’t realize that Sealandic coins have been minted, but here they are. Somewhere out in the wide world, there’s a numismatist whose specialty is micronations. There has to be.

I watched the first part of the first episode of The Tonight Show Starring Jimmy Fallon today – watched it the modern way, on demand, not when it was first broadcast. It’s been a good many years since I watched much of The Tonight Show. Briefly, just before Lilly was born, we’d watch Jay Leno, but I never took to him. In the mid-70s, I watched Johnny Carson regularly for a few years, which might have been unusual for someone in his early teens, but lost interest later.

I hadn’t seen much of Fallon before. Seems like an amiable fellow, and talented enough for the job. Still, I have the ridiculous feeling that the host of The Tonight Show ought to be older than me. Just to look at him, Fallon reminds me of a young assistant high school principal or a young insurance agent.

At a post office the other day – they say the USPS is losing money, but there’s always a line at my closest one – I saw an ad for replica Inverted Jenny stamps. Turns out they’ve been for sale for some months, with a $2 denomination. If they’d asked me, I would have suggested they be a postcard denomination (lately 34 cents). Sticking even a replica Inverted Jenny on a casual postcard would be fun.

Hadn’t thought about those stamps in a long time. Philately wasn’t ever as interesting for me as numismatics, but everyone ought to know about the Inverted Jenny. I made sure to tell Lilly about it. “That much for a stamp?” she said when I told her they sell for hundreds of thousands of dollars. That’s the bizarre world of collectibles for you.

Shiny Lincolns

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Yesterday I noticed an oddity in my loose change, a shiny Wheat Cent. Nothing particularly valuable, since it’s a 1957 coin, but still unusual. I scrounged around until I found a shiny Lincoln Memorial Cent, which isn’t that easy to find either, and a Union Shield Cent, which are practically all shiny. I put them together and preserved their shininess for posterity, if any. A fitting thing to do to mark Lincoln’s 205th birthday.

OLYMPUS DIGITAL CAMERAVictor D. Brenner designed the Wheat Cent, obverse and reverse. The obverse, at least, has proved remarkably durable, from 1909 to the present, and will probably last until the sad day the U.S. retires the penny, as Canada has. It’s also gone where no coin has gone before – I think – namely Mars.

Frank Gasparro did the Lincoln Memorial Cent. Nice enough, with intricate detail, I suppose, but I never thought it compared to the Wheat Cent.

Lyndall Bass did the Union Shield Cent, a fine design. Doubt that it will make it to 2059, but at least it’s a good way to end the denomination.

New Zealand in my Pocket

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Maybe here or in Texas recently, I got what I thought was a Canadian five-cent piece in change. It was nickel-sized and had Queen Elizabeth on it. Nothing too unusual about getting such a coin, even in Texas.

Yesterday I was picking through my change for quarters and took a closer look at the presumed Canadian nickel. It was no such thing. Instead, somehow or other I’d gotten a New Zealand 20-cent piece in change. I’d never seen one before, not even in Australia, where surely some kiwi coins must end up. A coin’s trip from New Zealand to the U.S. isn’t inconceivable, but it sure is unusual.

The Queen, of course, is on the obverse (seen below at 150 percent). Nothing odd in that. (Unless Yuriko sees the coin. That Elizabeth is the sovereign of New Zealand she finds a little strange.)

The reverse, on the other hand, has something no other coin has: Pukaki. My scan hardly does it justice.

The Reserve Bank of New Zealand says: “New Zealand’s 20 cent coins issued since 1990 feature a remarkable Maori carving, as illustrated above. This is no generic image. Rather it is a reproduction of a specific carving of an 18th century Maori warrior leader called Pukaki, who was a Rangatira (Chief) of the Ngati Whakaue iwi of Te Arawa in the Rotorua district. The carving was made in 1836 and today it can be viewed in the entrance of the Rotorua District Council…

“Pukaki came to the attention of the Reserve Bank as a result of the 1984-87 Te Maori exhibition and the use of Pukaki’s image on a particularly striking Maori Language Commission publicity poster. At the time the Reserve Bank was looking for a new image to put on the 20 cent coin, given that the kiwi was being moved to the new $1 coin. The first Pukaki 20 cent coins were issued in 1990. More recently, a gold $10 collectors’ coin featuring Pukaki has been minted.”

The entire article about Pukaki is here. Also interesting to note: the coin is plated steel, which is more common than I realized, and has even been suggested for U.S. 1 cent and 5 cent coins. (And even though advocated by former Rep. Ron Paul in the same breath he hyperventilated about the boogeyman Fed, it seemed to be a serious proposal.)

The NZ 20c edge is also novel: a treatment called Spanish flower, which is seven indents evenly spaced. Why “Spanish” flower? I wondered. Wiki to the rescue (almost): “The 50 Spanish peseta coin issued between 1990 and 2000 were the first [citation needed]  that featured the Spanish flower.” Presumably for benefit of the blind, though it also makes differentiating the coins easier for the sighted.

Anyway, the NZ 20c piece a nice little design. And who knows that the United States minted a 20c piece, once upon a time? Not for long, though. It was one of the great coinage failures of the ’70s. The 1870s, that is.

U.S. Coin Values speculates that “perhaps the coin might have gained a foothold in American society had it not been so easily confused with the quarter of that era.” In other words, it suffered the Susan B. Anthony effect long before that coin ever did.