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24 May 2017

Will You Help Make History Today?

Ancient Coins | Pliny The Elder

Numismatics is a hobby, and of course it is fun, but it is also a science with many frontiers to explore.   The studies that we do today help guide other coin collectors for many years down the road.  In the world of ancient coins there are portraits of rulers for whom we have no name.  There are kings who are known ONLY from their coins. Sometimes a ruler comes into power, but holds court only  for a short time before being defeated and erased from memory.   Just a blip on the radar of a millennium.  Take the Unknown King of ancient Parthia.  I mean, who was THAT guy?  We really do not know....yet.  The discovery WILL come one day, and quite possibly one of you reading this will be the person to reveal it to the world.  He is pictured above in this blog.  Another example is the Nameless King, a man historians now call Vima Takto of the Kushan Empire.  Vima Takto.  But for so long he was totally nameless, the clues from his coins too scant to make an identification.  It is fascinating how his name came to be known, worth looking into I say.  There are so many kings throughout the centuries and so many mysteries.  As a numismatist one must always be questioning. The Indeterminate Kings, or "Princes", of Elymais.   Prince A, Prince B and Prince C.   Who were they and what did they do?   All we have are their coins.  There are discoveries still waiting to be found in the ground today that will help shape how we view history tomorrow.  Discoveries in collections that will change the way historians view the past.  A coin collector might be the one to make the discovery, to find out the name, to reveal to others the mysteries of ancient times. We are historians as well as coin collectors, we are indeed scientists, and we can work within our hobby to make a difference in the world.  We have to actually.   We have to always study our coins, question their place in history, rearrange what we once thought was true to make room for what is true tomorrow. Do you have any mystery coins? Coins from a ruler who is unknown even to the most experienced numismatist?  Study history, study your coins.  And think outside the box. Your unique and individual insight might provide the world with the next great discovery.  Your opinion counts.  There is room to learn, there are discoveries waiting to be made, and there are old mysteries still waiting to be found out.  The most everyday collector of ancient coins can be an important collector if he or she wants to be.   Make a discovery, ask a question, teach the world.  I thank you for being so inquisitive, and for making history come alive each and every day with your collections and your studies.  Really, thank you.

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24 May 2017

Looking at Rolls of Pennies

Coins-United States | user_9073

I had the opportunity to get 41 rolls of pennies earlier this week.  I have been having fun seeing what I could find.  I did not sort for the 1982 alloy differences or any date with large or small digits. 

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24 May 2017

Half Dollar error coins 1994

Coins | user_8886

I was fortunate enough to pick up an entire of 1994 Half dollar roll, from a Bank in Bloomington Indiana. I sent a coin to CONECA and received a letter back saying the value at the time was about $10. Unfortunately  I no longer have that letter but I do have all but 2 of those coins (I sent another to then editor of Coins magazine Allan Herbert.) I was wondering if anyone else has come across these errors.

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22 May 2017

Daily Coin Thoughts

Coins | Alexyo?

 Who is going to the World's Fair of Money in Denver this summer? I am certainly going and I hope to see some great coins. I am hoping to see some older American coins, like liberty heads and Mercury dimes.

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21 May 2017

More Albums and folders

| Conan Barbarian

this past coin club meeting i won around 20 empty whitman albums and folders for a whopping $3!! the club was looking to get rid of them because all of them were from the 40's-60's and they just sat in a cabinet for 40 years. it is very interesting looking at some of these albums like the jefferson. the jefferson album was made in the early 60's and has a slot for a 1968 P (no mint mark on the coin) but how would they have known that in 4 or 5 years the philli mint wouldn't mint any nickels that year. also this is same with the dimes they have a slot for a 1965 D and that was the year the mints decided no mint marks for the next 3 years! 

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21 May 2017

2017 update

Coins-United States | CoinLady

Finally, some 2017 coins are showing up in circulation. Some weeks ago I found my first, a 2017-D cent. Last week during a shopping day, I got my first 2017-P cent. It was beautiful, lustrous, with that P mintmark to see! I was happy to see one in person. I also received an Effigy Mounds quarter that was also a lovely specimen, 2017-D. Most of the coins I see in the Chicago are  D Mint.

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21 May 2017

South Korea's "Hwan" Coins (1959~1975)

Coins - World | user_61654

South Korea's first circulation coins were introduced eleven years after the foundation of its government.   Since the date of its establishment in 1948, the Republic of Korea had been plagued by internal armed conflict, an "internationalized" civil war, a faltering economy, and skyrocketing inflation.   Only after the end of the Korean War in 1953, along with the first tentative signs of economic recovery in 1958, were conditions met for a price stabilization within the Republic that would allow for the reasonable introduction of small-denomination coins.   These three coins were the only ones to be denominated in the Hwan (환) currency (1953-1962), and they would last as such for a brief two-and-a-half years after their introduction in late 1959.   The 50 Hwan and 10 Hwan coins would remain in circulation after the country's second currency reform of 1962, being re-monetized as 5 Won and 1 Won coins.   Only the 100 Hwan coin was completely removed from circulation in this currency reform, most certainly a victim of the political change that made unpopular the image of President Syngman Rhee that graced the coin's obverse. Despite his extreme unpopularity at the end of his presidency, many observers consider Rhee to be one of the two most important national leaders in South Korea's history; the other being Park Chung-hee.   The Hwan coins circulated in Korea at the disgraceful end of Rhee's First Republic, and remained in circulation through the somewhat inauspicious beginnings of Park's tenure as military junta leader, and later during his presidency until the coins' final withdrawal in 1975.   Thus, these coins' time in circulation straddled the two prominent foundational periods in the history of the Republic of Korea that these two leaders represent: The era of post-war survival, and the era of economic transformation. 

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