Joined: 18 Dec 2015 Gender: Male Posts: 12,030 Location: New England
16 Aug 2017, 8:45 pm
The very first coin type struck by the new United States (now confirmed, from 1783), and the first decimal coinage in the Western hemisphere. I think I would be fun to have a pocketful of eyes.
Joined: 28 Feb 2012 Age: 111 Gender: Male Posts: 4,420 Location: Dystopia Planetia
19 Aug 2017, 12:04 am
Darmok wrote:
There's a minor tradition in the US of carving so-called Hobo Nickels -- regular coins carved out into new designs, usually skulls. Nickels are the most common, but everything from pennies to silver dollars have been made into Hobo coins as well.
Joined: 4 May 2010 Gender: Male Posts: 27,621 Location: was Louisiana but now Vermont in capitalistic military dictatorship called USA
20 Aug 2017, 12:31 am
slave wrote:
Darmok wrote:
There's a minor tradition in the US of carving so-called Hobo Nickels -- regular coins carved out into new designs, usually skulls. Nickels are the most common, but everything from pennies to silver dollars have been made into Hobo coins as well.
OMFD!! !
who knew?!?!?
spent last hour lookin' a pics of this stuff!
unbelievably kewl!
I'm gonna see if I can find some on eBay one of these days.
_________________ "I don't have an anger problem, I have an idiot problem!"
Joined: 18 Dec 2015 Gender: Male Posts: 12,030 Location: New England
26 Aug 2017, 9:50 pm
Now this is really cool.
Modern paper money floats on a sea of trust. It has no intrinsic value, and people only accept it because they trust that others will take it in return. But during periods of economic upheaval, trust can evaporate. The socialist government of Venezuela destroyed the value of the bolivar: you used to be able to get a US dollar for about 4 bolivars; now it takes something like 15,000 bolivars. Precious metals, by contrast, more or less retain their value (although they fluctuate, like everything else).
Thanks to modern technology, here's a company that has designed a way to print notes with tiny but verifiable quantities of gold embedded in the note itself. They use a printable polyester film, which can be printed with any design you like, and then they deposit 1/10 gram of gold onto the film and coat it again for protection. (1/10 gram of gold is now worth about $5.00.) Dealing with gold for ordinary transactions has always been difficult because its intrinsic value is so high; but this makes small transactions much easier.
Joined: 28 Feb 2012 Age: 111 Gender: Male Posts: 4,420 Location: Dystopia Planetia
29 Aug 2017, 10:01 pm
Darmok wrote:
Now this is really cool.
Modern paper money floats on a sea of trust. It has no intrinsic value, and people only accept it because they trust that others will take it in return. But during periods of economic upheaval, trust can evaporate. The socialist government of Venezuela destroyed the value of the bolivar: you used to be able to get a US dollar for about 4 bolivars; now it takes something like 15,000 bolivars. Precious metals, by contrast, more or less retain their value (although they fluctuate, like everything else).
Thanks to modern technology, here's a company that has designed a way to print notes with tiny but verifiable quantities of gold embedded in the note itself. They use a printable polyester film, which can be printed with any design you like, and then they deposit 1/10 gram of gold onto the film and coat it again for protection. (1/10 gram of gold is now worth about $5.00.) Dealing with gold for ordinary transactions has always been difficult because its intrinsic value is so high; but this makes small transactions much easier.