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 Thursday, April 10, 2008
Mysterious Countermark
Posted by colin
  This sunburst type of countermark on a very worn Irish 1/2 penny dated 1805 has baffled me for at least 4 decades. Usually a sunburst countermark is indented into the coin's surface whereas this sunburst is raised up through the harp on the reverse being pushed up from behind by a slightly rounded large punch of some sort against the bust of King George III. This has flattened his bust into obscurity. By defacing the royal bust along with the Irish harp in one stroke I would have to guess that this might serve a political message - or maybe it is a membership or even a commercial token?  
4/10/2008 2:20:24 PM (Eastern Daylight Time, UTC-04:00)
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MILITARY PAYMENT COINAGE - ROME
Posted by colin
 The MPC Gram, which is open forum for collectors specializing in worldwide military payment certificates and vouchers, recently mentioned coinage struck for the sole purpose of paying troops. This really rang a bell, so I had to do a little digging around in my accumulation of stuff to come up with a neat example for one of the more famous issues of ancient times. Let's travel back in time to the Roman Empire, where there is two major series. The first I will mention is for military conquests and victories. The earliest type recorded was struck during the reign of Augustus featuring a crocodile on the reverse, issued in 28-27 B.C., which reflects the defeat of Antony and Cleopatra and the annexation of the former Ptolemaic Kingdom. The second series of Roman coins is the legionary types issued by five rulers, from the first century B.C. to the end of the third century A.D. The main reason for their issue was to inspire the loyalty of the troops whose legions were honored. Marc Antony and Septimius Severus are similar with a basic reverse of a legionary eagle perched on a stand between two standards.  My favorite is the silver denarius that has a legionary galley on the obverse with the legend "ANT.AVG.III " above and "VIR R. P. C." below. The reverse legend "LEG. V" below the eagle relates to the various legions it was issued for. After the battle of Philippi Antony went to Asia where he met Cleopatra and was "swept off his feet" so to say, by her. A quarrel with Octavian, who was part of the second Triumvirate along with Lepidus, that was formed in 43 B.C. by Marc Antony, led to the battle of Actium. Being defeated by Octavian, he fled to Egypt with Cleopatra and later committed suicide in Alexandria in 30 B.C. Measuring 16mm this silver denarius was struck for Legion V.
4/10/2008 2:14:29 PM (Eastern Daylight Time, UTC-04:00)
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 Tuesday, April 01, 2008
Cudan Orders
Posted by Colin
The previous República de Cuba prior to Castro's regime had quite an array of orders for various branches of the military, police and civilians. These came in various classes from pin backed ribboned medals to higher class neck orders and the large breast stars. These are all nicely documented by Robert Werlich in his "Orders and Decorations of all Counties". But I am always looking for the odd item off the beaten track so to say. This is a rather unusual neck order that I have been unable to track down in any catalog. It is an 8-pointed star with a red enameled cross with 5-pointed stars in each of the four quarters. The central design is the multicolored Cuban arms encircled by this legend: INTER INIMICOS CHARITAS. This must be an organization's name. The manufacturer's name is on a circular disc on the reverse: ANTIGUA VILARDEBO Y RIERA * HABANANA * / FABICADO / EN / CUBA. From Enrique Cayado and the Cuban Numismatic Association:Order of Merit and Honor of the National Red Cross, knight (Orden de Honor y Mérito de la Cruz Roja Cubana, caballero); the face with a central circular medallion bearing the polychrome arms of the Republic of Cuba within a white enamel ring inscribed in gilt letters 'INTER INIMICOS CHARITAS (Charity between enemies). The Cuban Red Cross was founded by Diego Tamayo y Figueredo on 10 March 1909 and recognized by the International Red Cross on 7 September 1909.
4/1/2008 11:47:59 AM (Eastern Daylight Time, UTC-04:00)
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HIBERNIA - IRELAND
Posted by colin
 Amongst my accumulation of world orders and military medals I noticed an old acquisition the other day which probably came from Ireland. The star has seven points and measures 60 mm across the points with what appears to be a brass plating. The center is dark copper colored and measures 36 mm having a harp in sprays. Total weight is 44 grams. The reverse is smooth with the maker's mark at center - TOYE & Co. (symbol) / LONDON which is still in business today . It has a ring suspension for a neck chain or ribbon. I would guess it was manufactured in the late 18th or 19th century but have been unable to find out what organization had it struck or for what purpose.
4/1/2008 11:43:29 AM (Eastern Daylight Time, UTC-04:00)
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 Monday, March 24, 2008
Liberia and The Standard Catalog of World Coins
Posted by colin
 Going back to 1996 and the 25th Anniversary of The Standard Catalog of World Coins quickly approaching, I asked Clifford Mishler here if it was at all possible to have, say, a $5.00 coin struck for this gala event, perhaps in copper-nickel, that we could use as a giveaway item with each catalog purchased. Well months went by, and one day Mishler showed up at my desk much to my surprise with an artist's sketch. The sketch was okayed and some months later he dropped off the coin. Well Mishler has this habit of going all out when he is in charge of a project, and he dropped off this Liberia 2-1/2 ounce proof struck in 0.999 fine silver $25 coin. He thought it might be a good sell to our SCWC catalog owners and World Coin News' subscribers, but sales were rather slack.  A few years later the remaining stock was distributed to all of Krause Publications employees at a Christmas party. Well I thought this was rather unusual, but it turned out to be one of the more popular keepsakes that was ever handed out. Of the 400 or so given out here I would guess about only 100 have been turned in for their bullion value and remelted. But as silver hit $20.00 ounce the coin is worth twice the face value of $25, so we might see a few more surface for cash. It is listed as KM #323 and the illustrations should appear once again in the forthcoming 36th edition of SCWC. It is currently illustrated and listed in NumisMaster at $65.00. This is one coin I am very proud of being involved with as I have been working on the SCWC series for almost 34 years now.
3/24/2008 10:27:53 AM (Eastern Daylight Time, UTC-04:00)
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 Friday, January 18, 2008
Hola Chihuahua
Posted by colin
Let us go back to the days of Pancho Villa and the Mexican Revolution. Joe Zaffern of Southfield, Michigan, submitted this advertising bank note printed for the Bank of the State of Chihuahua by the American Bank Note Company, New York. Supposedly these were released by revolutionary forces with only one printed signature, which I find very unusual, but that is the information found in the current Standard Catalog of World Paper Money specialized edition.  The nice feature about this note is that it was used for advertising "LA INTERNACIONAL" wine and liquor store located in the city of Juarez and run by Habanero Ripoll. The simple phone number 206 might give a clue to the era of issue. Juarez is located in the State of Chihuahua across the Rio Grande from El Paso, Texas. Thanks to the U.S. Army in 1963 I was sent to Fort Bliss in El Paso for technical training for about a year. Thus, most of my off-duty time was spent in Jaurez searching for coins and checking out the low-end hosterias and tabernas. Local brews were about 12 cents a bottle, tequila and coke with a slice of lime was 15 cents, while a litre of tequila gold might have cost you about $1.25.
1/18/2008 9:52:25 AM (Eastern Standard Time, UTC-05:00)
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 Friday, December 21, 2007
Chinese “Bank” Note Printing 101
Posted by colin
 Lately I have noticed the occasional listing of older wooden blocks used for printing "bank" notes in the Peoples Republic of China in auctions and pricelists. Actually not banknotes for circulation but those "Hell" or "Ghost" notes printed to be burned at funerals so the deceased will have spending money in the here after world. Modern types of these notes can usually be found in certain shops in most any Chinatown here in the states. Not too long ago Bob Reis ( reisbiz@earthlink.net) listed such an item and out of curiosity I ordered it. Much to my pleasure it has a steam locomotive as the central vignette. Reis puts out many price lists covering the "soup to nuts" area of numismatics . Looking at this printer's block more carefully it is hand carved into a hunk of a small log with the natural outer curve being under one's hand and a large character "Shang" is carved in it. It measures 4 7/16" x 5 7/16" x 1 13/16" thick with finger indents carved into each side. Being very well stained with red ink it has had some use but I have never encountered an actual note printed from it.. Another point of  interest is that it has two different "bank" titles at top center. The upper note is for 1 Yuan with 1's in all four corners and Chinese characters for 1 yuan in guiloches at left and right of the locomotive. Below the locomotive is the date 1975 in Chinese and Western numerals. The lower note is also for 1 Yuan but one guiloche has been replaced with 5 stars encircled which refers to the Peoples Republic of China but below this is" VI / YUAN" which is obviously an error done by the carver of this wooden plate. Having taken linoleum block printing in 7th or 8th grade I decided to become an apprentice printer once again. My first stop was at the local art store where I purchased a tube of red ink and a roller. Then I stopped at a friend's print shop here in Iola and we not only tried the ink I had purchased but even tried some of the inks that he normally uses but without any luck. The type of ink that the Chinese printer used with this wooden block remains a mystery to me.
12/21/2007 9:08:59 AM (Eastern Standard Time, UTC-05:00)
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 Tuesday, December 18, 2007
Unusual Advertisement From Mexico
Posted by colin
 The countermarking of coins with business advertisements is usually considered a thing of the past done more in the 18th - 19th centuries. I had won this particular lot in a local Kurt Krueger auction here in Iola 15 years ago and it recently turned up while I was searching for some other items. The host coin is a "Una Onza Troy" Balance Scale silver bullion coin struck at the Mexico City Mint in 1949. The countermarking is cleverly placed in the four fields surrounding the coin screw press and reads "GENERAL - POPO / 25 ANOS / 1924 with a comical looking figure at lower right. I was told some years ago that this translates to the 25th Anniversary of General Tire in Mexico City. 
12/18/2007 5:14:36 PM (Eastern Standard Time, UTC-05:00)
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 Wednesday, December 12, 2007
Unknown Jeweler’s (?) Countermark
Posted by colin
  Amongst my various accumulations I've had this rather mysterious or unidentified countermarked 8 reales for about 40 years now just hoping someday it might be identified. The countermark is very well done with raised letters "J.J." in a scalloped indent. The host coin was struck in 1800 at the Lima Mint with initials I. J. and appears to be sea salvaged or perhaps grave dug. The black crud on it is impossible to remove as I tried various non-silver cleaners so I'm guessing it is in fact oxidized silver.
12/12/2007 5:37:28 PM (Eastern Standard Time, UTC-05:00)
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 Tuesday, December 11, 2007
Fiscal Remnants of the Romanov Rule
Posted by colin
 I recently purchased a group of 15 pieces of the Russian Imperial 5-1/2% obligations or Internal Loan dated 1916 with a value of 1000 Roubles, which was quite a sum of money back then. The interesting part is that they were issued by the Bank of Commerce and Trust Company located in Memphis, Tenn., and were still in the original bank packet or folder. These obligations were to mature in 1926 while the coupons would still be redeemable until 1936. Notice only one coupon was clipped and possibly redeemed from all 15 obligations. Czar Nicholas II was forced to abdicate and the lengthy rule of the Romanov family ended in March 1917. This was mainly due to years of injustice and the mounting financial pressures of World War I. A provisional government known as the White Russians replaced the Czar. Increasing heavy losses at the front and the fear of a German military advance on Moscow had almost eliminated any support for the war and heavily taxed the provisional government's authority.  As the Red Russians started to take over control, the Germans secretly transported Vladimir Lenin from exile in Switzerland into Russia in a sealed train. Lenin was to lead the Bolshevik uprising. The following spring, the new Communist regime signed a treaty with Germany ending Russia's involvement in World War I. On July 17, 1918, the Czar along with his wife, children and servants were executed near Ekaterinburg.
12/11/2007 5:38:02 PM (Eastern Standard Time, UTC-05:00)
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 Monday, December 10, 2007
Posted by colin
 Almost 50 years ago while working as a design draftsman at Columbus McKinnon Chain Corporation located in Tonawanda, N.Y., I spent most of my lunch hours going to the local banks and picking up rolls of coins to search through with one of the office managers, Raymond Huckles. Each day we would do one denomination. Of course this is way back in the "good old days" of circulating silver coinage. I think my favorites were Buffalo nickels and Mercury dimes. Can you imagine being greatly disappointed after opening a BU mint wrapped roll of Morgans dated 1921 or Peace dollars dated 1922? Well at the time I certainly was. Back to the banks they went. Semi-key dates occasionally appeared and they were checked to see if they upgraded either of our collections with the lower grade  specimen going back into the roll. We would press them in the inexpensive blue albums produced by Whitman in Racine, WI. These albums were found in various local stores such as the "five and dimes.” A few years ago a very good friend, Istvan Hegedus, who lives in Hungary asked me if I could help him out with his USA coin collection. He included his want list by date and mint no less. Looking it over I noticed how weak his JFK holdings were so off I went to the local Iola bank returning with $100.00 worth of JFKs in rolls. Much to my amazement it did not take too many trips to other local area banks to start filling in most of the gaps with coins in pretty much AU – Unc. condition. I found one silver and three silver clad JFKs before I felt that over 50 different dates and mints should complete this task for my friend, Istvan.  Well one never gets over the fun of the search in coin collecting and half dollars are probably the only easy denomination to put together an AU - Unc. set of circulation strikes. I gave a call to an area dealer friend, Fritz Voecks at Fox Valley Coin, and asked if he had a used Whitman Classic JFK album kicking around and a week or so later it arrived in the mail. The first thing I did was re-label the dates eliminating the "S" mint proofs in the copper-nickel clad series. This gives one the "P" and "D" side-by-side two dates across. So far I have accumulated over 40 different dates and mints in AU - Unc. condition and found two silver clad in XF condition dated 1967. The latest date I found was a slightly circulated example dated 2001 so my collection so far stops in 2000, but you can be sure the hunt will co  ntinue on. The nice condition duplicates are being sent to my "horse trading" friend Juozas Minikevicius over in Lithuania where they are rather popular, while the well circulated examples are all being spent here and there, giving them another brief period of freedom from a bank vault. It is very amusing to hear a young cashier look at them and say: "Oh, these are half dollars aren't they?" Their cash register drawer usually has rolls of dimes or quarters in the half dollar compartment or start with the quarters at the side.
While I was going through 20 rolls of Kennedy halves from one of the local banks, a co-worker went to the other branch bank in town for some Kennedy halves for a gift. Much to her surprise she found a Walking Liberty half dated 1940. Rather well-worn and with a large "ED" scratched in the obverse field it still has a melt value of about $7.00 or so. So why not try your luck at small town branch banks? One never knows what might be waiting for you.  
12/10/2007 10:02:23 AM (Eastern Standard Time, UTC-05:00)
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 Monday, November 05, 2007
Railroad Stocks and Bonds – Part I
Posted by colin
 I grew up in North Tonawanda, N.Y., located where the Erie Barge Canal joins the Niagara River in Western New York. "NT" was noted for being one of the largest lumber industries and ports on the Great Lakes and was referred to as "The Lumber City." The lumber industry also attracted various railroads such as the New york Central, Erie and Lehigh Valley which ran through Buffalo, N.Y., on into Niagara Falls, N.Y., and then across the border into Niagara Falls, Ontario, Canada. Being just a kid in the 1950s, I witnessed the demise of the powerful steam locomotives giving way to the new diesel locomotives being built by such firms as ALCO, Baldwin and Fairbanks Morse, which all have been out of the railroad locomotive building business for decades.  A postwar Christmas gift of a Lionel train set really put railroading into my blood and now I collect (or accumulate) HO model trains and various railroadania such as kerosene lanterns of all types. A rather interesting but somewhat obscure field of numismatics is collecting stocks and bonds of "fallen flags" or railroad companies of yesteryear. When properly framed, certain examples make wonderful additions to one's office or den walls. Many colorful examples with exquisite engravings are very inexpensive, while at the upper end we find those with actual signatures of the railroad barons of days gone by rather costly. The example I am illustrating is from the Atlantic & St. Lawrence Railroad Company which was chartered in Maine on Feb. 10, 1845. Printed in black, the central vignette is of a mid 19th century wood-burning "American" steam locomotive with a wheel arrangement of 4-4-0. Printed by the Continental Bank Note Company, this is actually a very early type of certificate that was continually issued prior to World War II. Being denominated in 100 pounds sterling, these were floated in England and this one was issued to "The English Association of American Bond + Share Holders, Limited" on April 1, 1938, or as we call it, "April Fool's Day". A separate sheet still has 25 coupons remaining of the original issue of 40 coupons when it was handstamped "CANCELLED".  For reference purposes, I have a recent copy of Terry Cox's "Collectable Stocks and Bonds from North American Railroads - Guide with Prices, Second Edition" which is one large comprehensive catalog. Just paging through it, the names of "fallen flags" or railroads gone by the wayside or having been absorbed by ConRail or other larger railroads bring back many memories. Cox can be contacted at: tcox@coxrail.com.
11/5/2007 12:42:46 PM (Eastern Standard Time, UTC-05:00)
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