coinfodder's Blog

28 Oct 2020

The Fifty States of Coinage- Part 13- Illinois

Coins-United States | coinfodder

Ello' everyone. And today, we raft down the Missouri from Idaho, and up the Mississippi to Illinois.The earliest known settlers of Illinois were the pre-Columbians that lived in the town of Cahokia, near present-day Collinsville. After the pre-Columbians lost power, the Illiniwek Confederation, a loose group of tribes allied with each other. This group gave the state its name. In 1673, Jacques Marquette (the college namesake) and Louis Jolliet explored the Mississippi and Illinois River. After this, Illinois would remain in French hands until the nation's loss in the French and Indian War, which would remain uninhabited by colonists due to the Proclamation of 1763.In 1818, Illinois became a state, but resistance continued by Indian groups, most notably Chief Black Hawk, who was finally defeated 1832. In 1839, the Latter Day Saints were started in Nauvoo, but in 1844 the group, led by Brigham Young, left the state after the killing of Prophet Joseph Smith near Carthage. (Numismaster, you are from Utah. Can you fact-check the above?). In 1860, Springfield lawyer Abe Lincoln became the 16th President, leaving the state and never returning. During the Civil War, the state produced many fine troops, including U.S. Grant, commander of all Union Forces. After the war, in 1871, Mrs. O'leary's cow kicked a kerosene lamp and started the Great Fire of Chicago, after which the city would be completely reinvented into a marvel of the US.Today, Illinois is still the Midwestern state it always was, attracting tourists to the Navy Pier and Lake Michigan, and following the trail of Lincoln. Famous citizens include Ray Bradbury, Al Capone, Miles Davis, Charlton Heston, Abraham Lincoln, and Robin Williams.Obviously, what comes to mind first in coins are the ATB and 50 state Quarters. The 50 state quarter was one of the first created by the AIFP and was considered one of the highlights of the 50 state quarter series. On it, is the words "Land of Lincoln" and a picture of Lincoln with a book. To the left of him is a strip of farmland and a silo. On the right, is a piece of the Chicago skyline with the Sears Tower in full view. This represents how Illinois is a crossroads of both rural and urban.On the ATB quarter, is one of the many rock features of Shawnee National Forest, a large expanse of forest and rock formation. The design on the 2016 coin is Camel Rock, one the most famous of the rock formations in Shawnee.For the classic commemorative lovers, we have a little bit extra to cover today. In 1918, a commemorative was released celebrating the 100th Birthday of the state. On the front was a younger, beardless image of Lincoln (Remember, Lincoln only grew whiskers as a campaign promise). On the back is the state seal, a "fierce eagle atop a crag, clutching a shield and carrying a banner..." (Bressett, 3rd Edition, 1091). The coin was issued by the Illinois Centennial Commission through various outlets for the grand price of one dollar.In 1937, an Illinois town was the subject of a coin. This time, the coin was celebrating the 100th anniversary of the town of Elgin. The dates were 1673 (no relation to the town- when Marquette and Joliet went up the river, and 1936. The fellow on the front was a generic pioneer, most likely a French Fur-trader from around the era. On the back is shameless self advertising for the Pioneer Memorial statuary group, the group that sponsors these coins. The people that released them however, were the Elgin Centennial Monumental Committee, headed by none other that L.W. Hoffecker, who somehow seems to get his greedy hands on every single darn Classic Commemorative.In 2009, the final commemorative commemorative somethin' outa Illinois was released. Celebrating the 200th anniversary of Birthday of Abe Lincoln, the coin was a Silver Dollar designed by Justin Kunz, who is now designing every coin in sight. The front is dated 2009 and features a bust of Lincoln, and on the back, is the final 43 words of the Gettysburg Address, surrounded by a laurel wreath.Thanks folks! And see you later, as we travel to the across the Wabash River.

27 Oct 2020

The Fifty States of Coinage- Part 12- Idaho

Coins-United States | coinfodder

Lets stop ranting about the US Mint from last week and let us fly from Hawaii to the land of spuds.Idaho is one of the most desolate states, having first been settled 14,500 years ago. These people became the Nez Perce and the Shoshone. Advancing several thousand years, and we find that the French are sailing up the Missouri River into the rich fur-trading region. They left their mark on the state, as we now have many French-named cities, such as Coeur-de-Alene, Boise, and so on. In 1863, Abraham Lincoln made Idaho a part of the Oregon Territory, due to the fact that it was in the Oregon Valley. Later in the 1800's, the Indian's were driven out of Idaho, but not before a determined push by Chief Joseph to lead the Nez Perce into Canada In 1890, the territory of Idaho was officially named a state, and contributed an alternate source of silver for mintage. In the 1960's, the mining industry shut down nearly for good, and Idaho's economy went into a tailspin.Today, Idaho remains the desolate location it was during the age of the fur-trappers, landing only on the news when so-called Neo Nazi's used Idaho as it's base. The state is a popular tourist destination, and the state remains famous for its spuds. Famous Idahoans include Edgar Rice Burroughs and Chief Joseph. And who can forget the blue colored football field?Unfortunately, Idaho is thin on the ground when it comes to coins, so I minus well mention what I could find. The 50 State Quarter Design and the ATB Quarter design were all good designs. The 50 State Quarter depicts a facsimile of the state, with the state bird, the peregrine falcon, which is one of the fastest birds in the world.The ATB Quarter on the other hand, was released last year, and was depicting the Frank Church Wilderness River of No Return. The nearly unknown National Forest is the largest single wilderness unit outside of Alaska, another testament to the desolation of the state. The coin itself features the Salmon River, and a female rafter, a touch of designer Emily Damstra, rafting down some of the rougher rapids.Unfortunately, the state runs dry on coins, so I minus well mention the "Free Silver" which was BIG in Idaho.The free silver movement were those in favor of free silver usage in coins and other uses, instead of economic fixed supply. As ridiculous as this sounds, the silver and gold standard were important parts of the economy until after the "Great War", which cost gold reserves dearly. The free silver, in effect wanted a 16-1 fixed price ratio to do so, lowering the gold standard used by the nation at the point. At the time, gold was the only unlimited metal, while silver had a strict limit, like the budget top.If this is sounding like jargon, it only really meant one thing- more silver- more sales- more money= profits. The Free Silver put its best hopes in William Bryans Jennings, who lost handily in 1896 and 1900 to William McKinley.Thanks for traveling with me so far. And next time, we are head to the Land of Lincoln.

21 Oct 2020

Wild, Wild, Wild Mess at the US Mint- November 5th, 2020

World Mint Exchange | coinfodder

The fiasco wheel rolls again.Ladies and gentlemen, what will go down at usmint.gov on November 5 of this year will go down as one of the wildest fandangos that the US Mint has artificially created. Yes. The American Silver and Gold Eagle, fit with a "V75" privy mark. Other than that, there is nothing special about the duo of coins. But, the wild thing is, what on Earth is the US Mint doing.After last years fiasco wheel with the Enhanced Silver Eagle, CoinWorldstated that many US Mint patrons considered cancelling their subscription services after the sale ended in 15 minutes, with very few people getting their hands on one of the 30,000 coins pushed out. Many people felt that the Mint was treating dealers with "Special Treatment", giving them first dibs at the coins. While these rumors have not been proved, many people felt this way because of the way the website ran- crashes were common, and this got many people mad. After the sale ended, people turned to the dealers on eBay and other sites, such as the TV Infomercial HSN, who was selling the coin for the grand total of $8999.95, declaring themselves "the only place were you can get this coin" when guys on eBay sold it for about 75% less than what HSN.I feel that this is going to be replicated this year. With the "V75" coins, the fiasco wheel will rotate again. And with the gold's mintage of 1500, the demand will be even crazier. However, the silver's mintage has been doubled to accommodate for the anticipated surge in buyers.I predict bad things to happen. The site will crash, and the gold will sell out before you are even able to click on the mouse.It will be the "Black Friday" Doorbuster, except this time, the item is not a 80 inch-plasma TV with 4K ablities.I think that it is time to stop this.David Ryder, you are hurting the hobby.Not to mention the "W" uncirculated nickel will not be included with the Mint Set this year because they won't be able to strike enough (or something like that). We waited all this time. Now you don't commit with the nickel.What has happened?!Link to the video=https://www.youtube.com/watch?v=N5IeIha4NIMThanks. See ya'll later. FUBAR at the mint.

14 Oct 2020

The Fifty States of Coinage- Part 11- Hawaii

Coins-United States | coinfodder

Aloha! And today, as we leave the Peach State for Volcano World. I think based on the first word you can where that is.Hawaii was first discovered by Europeans when Capitan James Cook sailed to the islands in 1778. He and his party would be butchered by the natives a year later. In 1795, the House of Kamehameha diverted control of all the Hawaii Islands to him and his house. They would rule the islands until 1872. During that timespan, the House tried to convert many natives to Christianity, inviting missionaries, most notably Saint Damien (of Molokai, patron saint of lepers) to start a leper colony there. After King Kamehameha VI died without a heir, turmoil broke out in Hawaii. In 1891, Queen Lili'uokalani became the last monarch of Hawaii, changing the Constitution (for the third time). Then, after a non-violent coup-d'état, the monarchy was overthrown and Hawaii became a US Territory.Later during the 20th Century, the US Navy saw the importance of the island and sent most of their Pacific Naval Fleet to Honolulu, at Ford Island Naval Base, near Pearl City. On December 7th, 1941, Isoroku Yamamoto lead the attack on this fleet at Pearl Harbor. Despite massive loss of life, the attack was considered a failure by Japanese High Command, due to the fact no aircraft carriers were sunk that way. And then WWII happened, and you know what happened after that. In 1959, Hawaii became the last state to join the union.Today, Hawaii is a popular tourist destination, bringing plenty of tourists over to the always-warm isles. The volcanos on the island are alive and well, and so are the stories of "Pele's Curse" (more on that later). Famous citizens include Kamehameha I, Daniel K. Inouye, Ellison Onizuka, andDuke Kahanamoku.To mind first for most people is the 50 State Quarter and the ATB quarter. The 50 States Quarter was released in 2008, the last of the major 50 states. On it is a facsimile of the state. Also is a drawing of the statue of King Kamehameha I, which is also in the U.S. Capital as part of the National Statuary Collection. On the ATB quarter, is a volcano at Hawaii Volcanos National Park, issued in 2012. The volcano is erupting, which goes to show when you steal rocks from Kilauea, you will be punished by Pele (the curse is that if you steal a piece of volcanic rock from Kilauea, you will be cursed, like one man who lost his job. The visitor center states that people have mailed back their pieces of rock, telling of their misfortune. Don't believe me? Search up Pele's curse.). Anyways, both coins are pretty neat and are easily found on the marketplace today.Hawaii coins from before Hawaii became a US possession are interesting in their own right. There were two major types, done by the United States for the Kingdom. They were regular, circulation issues, and plantation tokens.Circulation issues were designed mostly by Charles Barber, who made Kamehameha V look like some European guy. Most, if not all of these coins had the face of the current Hawaiian Monarch slapped onto one side, and on the other side some other design. After Hawaii became a US Territory, the legality of these coins were stripped. Most were made in 1883. The 1881 Five Center is not an official issue. Buying one of these will set you back quite a bit.On the other hand, plantation tokens were private tokens issued for use in Hawaiian company stores. (Bowers, Mega Red 4th Edition, 1293), much like Civil War or hard time tokens. The odd denomination of 12-1/2 was related to the wages of workers in the sugar plantations, and was also related to the Spanish eight-Reales coin.See you later on our road trip of the states!

07 Oct 2020

How to Collect Cool World Coins While Not Breaking Your Budget

Coins-World | coinfodder

For the typical casual collector, some of the rarer coins can be a pinch, and are just out of our disposable income can reach. Accept it. So instead, how about collecting some other cool coins, maybe not in as good of a condition, and building a cool collection off of those coins?And before anyone complains, the ANA's system for coins has caused these images to come out crooked. Blame them, not me.And special thanks to Marketplace Antiques in Murphy, North Carolina for the vendor who had these coins for cheap!Now, to the feature presentation.If you like the lifestyle of burning money on expensive coins, I don't believe this article will be right for you. But, if you are like me, who has a teeny little pocketbook and hardly can pay for a nice coin without regrets, I think that this would be a good article to read. So, if this interests you, stick around.To most effectively live the bargain coin lifestyle, learn to bargain. Now, this will work normally only for the more expensive stuff. A good haggler in today's world of online shopping is rare. To combat this, antique markets and coin store will raise their prices 10% (this is also true for other old goods, such as typewriters). This is to take advantage of the people who don't care to bargain for a better deal, as they have been shopping online their whole life. So, learning to haggle is a good shopping deal.In one travel guide, I read about a good strategy to haggle. However, it is not good for people on a strict time constraint. Don't act too desperate, for this allows dealers to take advantage of your desperation of the object. Instead, act calm, and try not to sweat. First, list your starting price, beginning the haggling process. Then, he will list his price. Then, keep on giving counter-offer. But don't reach the final offer. Before that, WALK OUT THE DOOR and leave.In several hours (or days) come back, and see if that item is still there. If it is, list out your previous offer. This will assure you will get a much lower price. It doesn't work for everyone, however, and you are taking the risk that the item will not be taken in the time where you wait.The last main strategy I have is- digging in the bargain bin. Now, this is only cool if you like collecting the random US or World coins that have lined your dealer's display cabinet for years. So, take a good dig in there. You will be surprised at what you find. You know I was.See ya, and we will continue on our road trip of the United States later!

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