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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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