Login

Yemrot's Blog

27 Jun 2015

Besides Presidents Who Else has been on Currency?

Coins-United States | Yemrot

The obvious "woman" piece of currency would be the Sacajawea dollar coin, which has been circulating since 2000. However, even before that both women and minorities have been on currency. In 1886, '91 and '96 Martha Washington appeared on the $1 silver certificate (the one dollar bill) and in more recent memory in the 1980s and 90s Susan B Anthony was on the dollar coin.

READ MORE
09 May 2015

The Rise of the Gold Coins of the Italian City-States

Medieval Coins | Yemrot

Florence produced one of the more notable coins of the time, the gold (and later silver)florin.The florin became an international currency at the time (1252). It was valued really around the world for its pure gold composition and artistic designs. It appeared at the right time as well because previously the Byzantinesoliduswas the currency of intentional trade. The Byzantine Empire was stalled at the time between the Fourth Crusade and the Reconquest of Constantinople. Other Italian City-States, such as Genoa, Pisa and Siena tried to mint the same quality coin however it was clear the florin was the preferred currency. In 1284, Venice produced another similar gold coin, theducat.In the years to follow many of the Italian City-State would produce their own version of florins and ducats but the ones issued from Florence and Venice remained of the highest standard and international renown.

READ MORE
28 Feb 2015

Numismatic Passage in James Michener's The Source

| Yemrot

Part of the background of the main character in Michener's The Source includes the following excerpt in which the narrator relates the main character's start in numismatics:

READ MORE
13 Nov 2014

Money in Gold Rush era California

Coins-United States | Yemrot

In California at the beginning of the Gold Rush, gold dust, nuggets and foreign silver coins (foreign silver coins were the go to medium of exchange across the country at this time) were commonly used until around the 1840s.

READ MORE
03 Nov 2014

History of Heads appearing on Coins

Ancient Coins | Yemrot

Lydia, the first to start making coins, did so at around 600bc but they did not depicted people, but insteadfamously a lion. Then in Ancient Greece, 479 b.c. King Gelon of Syracuse issued a coin called a Demareteion with a portrait of the Demarete, it is the coin to first feature a head of a person. Another Greek coin from 440 b.c., the most renowned ancient coin, is theAthena's Owl. A silver tetradrachm with Athena's head on the obverse(front) and her sacred owl on the reverse. Many Greek coins were issued with the heads of their gods and goddess, actual people were rarely used. Even Alexander the Great did not have his image on his own coins(after his death, some coins were made with his image).

READ MORE
11 Oct 2014

Is it a coincidence that coins first appeared in 3 places at the same times?

Ancient Coins | Yemrot

As most numismatists know coins first appeared around the 6th century BC in three separate places Lydia, India and China.

READ MORE
30 Aug 2014

Increasing the Nickel

Coins-United States | Yemrot

The nickel, previously, was three cents, and called a trime. The trime was minted during 1851-1873 in two different compositions. The first was metal was silver, silver being such a valuable and precious made three cents worth a very small amount. People would frequently lose such a small coin. The silver trime's weight was only 0.8 grams and the diameter 14mm. Changes were on the horizon for the coin when congress got and approved a proposal from Joseph Wharton, owner of the majority of nickel mines in the United States. Wharton's proposal called for a larger, thicker trime made of a copper-nickel composition. The new trime was 75% copper and 25% nickel started being produced in 1865. The new copper-nickel trime weighed 1.94 grams and had a diameter of 17.9mm. Later, in 1866, congress then felt comfortable to reintroduce the 5 cent nickel, with the same copper-nickel composition although increasing the diameter to 21.21mm, the weight to 5 grams and thickness to 1.79mm. All of those characteristic are what the current nickel is composed of.

READ MORE
We use cookies to provide users the best experience on our website. If you continue without changing your cookie settings, we'll assume that you agree to receive all cookies on money.org. You may disable cookies at any time using your internet browser configuration. By continuing to use this website, you agree to our privacy policy and terms of use. To learn more about how we use cookies and to review our privacy policy, click here.