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Mike 's Blog

21 Mar 2022

Why We Protect Our Notes And Coins

Coins | Mike

Hi everyone! Well why do we protect our currency and coinage? Because we dolls Ted them!. My mentor passed away last week. Taught me allot about coins. Good man and Marine he was 89. He said Mike you buy a coin be wise you like it. Its your responsibility to protect it from the element's.

...Below you will see old currency and even older tokens. Now one of the notes is all bent and wrinkled. Its value. Sentimental. It was from my mom in law when she passed. The same as the Franklin. Which is toned and in good shape. Its in a holder now.

What I have seen on this site personally I would not collect or buy and on T.V. Why the history is gone the coin is beat up. Everything I learned 30 years ago thrown out the window. Why bother.? Why collect these. I don't have the answer. The Conder token below is from the 1700's one side was exposed to the element's the other side on felt. Look at the difference. I have 2000 year old Widow Mites in better shape. There in the Bible under Mark and Luke.

In this day and age there is no reason not to protect the history or the value of the coin or currency. No !after were you get it. The 1931 S was found in change. I put it in a holder as soon as my wife brought it home. and sent it in. Don't you know a few weeks later another showed up. There in rolls in change and most in good shape. They will stay that way protected.

....The older notes I bought a while ago. The 1899 horse blanket its also a mule meaning they used a different plate on the reverse. And the 1917 note. Legal tender. I have others. But these have value. This depends on condition of the note. And who signed it. That's right it makes a big difference. They will stay that way for a long time. Paper quality also helps in the value. Look them up do a little reserch. I only touched on a very small reason on value. There are books and the web you will be shocked to learn star notes not worth much unless there a certain year and the signers on the notes. You will know which ones to collect. Just because its a star note does not mean it has value. It may have some but not much. It again depends on what you buy!



Sorry got of topic. So to sum it up protect your coins and currency. I have been collecting 30 years and have stopped. If I do see something that catches my eye I will probably break down and buy it. This also goes for medals. Sorry I left them out. I hope you enjoyed this short blog and picked something up!! Enjoy. Semper Fidelis !! Always Faithful. And remember some old business strikes are with money if there rare and other reasons like a Vam. Or they only make 866,000 of them.




.....Please enlarge the pictures so you can see what I wrote about. The Horse Blanket is a Silver Certificate!!





Comments

Mal_ANA_YN

Level 5

Some fantastic historical items. The history they could tell if they could talk. Recognizing and preserving for the future is wonderful.

Doug S.

Level 4

A great reminder of our responsibilities as collectors! Hope all is well. Regards Doug

"SUN"

Level 6

Nice to have you back

Long Beard

Level 5

Now this is blog topic. The U.S. Mint has been pumping out commemoratives of a historical nature since 1986, which in a sense I agree with where their thoughts are. However, this is in no way the same as true history, as you've discussed. The way I see these, they are educational tools of subjects rarely- if at all- taught in school any more. The quarters and dollar coins are no different. So in comparison to your Condor,s or any old coin, what will those in 200 years think and say of modern coinage?

Mike

Level 7

Hopefully my friend we did the right thing. Protecting history like the Conder tokens . They all tell stories of history! We have to do the same. Good point.

AC coin$

Level 6

Brilliant and impressive collection . Thanks You for your instructive words in my tokens blog .

Kepi

Level 6

Hey AC coin$... Where did your blog go??? I wanted to comment on it. ; )

slybluenote

Level 5

Well said my friend. I’m sorry for your loss. As I told a friend last week, it’s a sign that you’re getting older when your friends and family start passing. Thanks for sharing your wisdom and pictures. Those are some nice looking bills! Glad to see you’re back. Talk to ya soon!

$tarCollector

Level 4

Great blog, Mike. Still getting around to posting one about the NMS.

TheNumisMaster

Level 5

Ive missed your blogs deeply!! This was the first one ive read in about a year, and I cant believe ive been able to survive without it! I love that token!

$tarCollector

Level 4

Wait, what! I have read many old blogs including your last one. So glad you came back. I like people returning after a long time.

Kepi

Level 6

Great blog Mike! And all so true! Your photos are amazing! ; )

Longstrider

Level 6

Oh man, those last two notes are amazing. Well they all are. Well said mike. It is our DUTY to protect and preserve these to the best of our ability. If I buy something raw I figure the prices of THP into it. It's expensive. Far cheaper, usually, to buy pre slabbed. Thanks Mike. Great blog!

coinsbygary

Level 5

Preserving numismatic history is the sacred trust of the people who collect these small tokens of history. The coins, tokens, and medals we collect. Welcome back, and what a great reminder of our responsibility!

I. R. Bama

Level 5

It is truly a responsibility that comes with the coins we collect to care for them and preserve them for others. After all, you can't take it with you.

Mike

Level 7

I would like to try my friend!

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