Northeast's Blog

FYI - King Cotton Carnival and Mardi Gras New!
02/09/2016

In honor of the holiday today, here's a numismatically related Mardi Gras item:

A So-Called-Dollar (HK-626) struck in 1892, Augusta GA.

Here are the details…

Obv. Crowned male head facing l.; to l. Augusta, Ga.; to r. Jan. 1892; above bust, around Carnival & Mardi Gras; below King Cotton; beaded border.

Rev. Jester or clown doing jig or dance (it looks like a jig to me); in r. background is group of tunic-clad soldiers holding shields and long upright lances; in l. background is two-horse chariot carrying two men, one holding high a banner; above all Souvenir of Our Carnival; beaded border.


FYI - Do Me a Solidus! New!
01/29/2016

Yesterday Brian was wondering what the difference was between semissis and tremissis was…and so here it is…

The Byzantine Gold Solidus is a coin from the ancient Byzantine Empire. The word Solidus is a Latin word meaning 'solid'. The plural of Solidus is Solidi (from which the phrase ‘do me a solid’ was perhaps born). Solidus was introduced by the great emperor Constantine in 309-310. The coin was produced and used through the whole Empire of Byzantine. The Solidus is a solid and pure gold coin with high purchasing power. These coins were usually marked as wealth and were never used by the common citizens. Solidi were primarily used to make military payments. During the campaigns against the 'Vandals' the Solidi were paid to the Roman soldiers to arrange for transport and house. 
The term 'Soldier' derived from the Solidus, to describe the persons who were paid by Solidi. The coins introduced by Constantine had a value of 1/72 of a Roman pound that comes around to 4.5 grams. The thickness of the coin was less than aureus. 

The Solidus was produced in two forms, 'semissis' and 'tremissis'. The half Solidi were known as 'semissis' and one third Solidi were known as 'tremissis'. 

The Constantine coinage collapsed during the barbarian invasions in the early 5th century. By the time of Anastasius in 491, only the solidus, semissus (1/2 solidus) and tremissis (1/3 solidus), and a tiny copper coin called the nummus (1/7200 of solidus) had survived. In 498, Anastasius introduced a series of multiples of the nummus. The most important of these is the follis (worth 40 nummi). The follis was used extensively for the next 6 centuries and its creation is considered a good starting point for the history of Byzantine coinage.

Northeast Numismatics is pleased to offer both semissis and tremissis on a regular basis should you be interested.


FYI - 1804 Draped Bust Silver Dollar New!
01/28/2016

The 1804 Silver Dollar is one of the rarest and most popular of all American coins, despite the fact that none were made until 1834 and several were even made many years after that. Mint reports from 1804 show a delivery figure of 19,570 Silver Dollars, but numismatists believe these were all leftover coins dated 1803.  Certain qualities of the known 1804 Silver Dollars (and other facts concerning their history) indicate that the first 1804 Silver Dollars were struck in or about 1834, when orders came from the State Department for special sets of coins to be struck for diplomatic purposes.  Later restrikes were made sometime after 1857 (a unique example shows the undertype of an 1857 Swiss Shooting Thaler!).

It is also currently #1 in the 4th Edition of 100 Greatest US Coins.

 


FYI - Lapping Lines New!
01/26/2016

Lapping is one of several names, including die polishing and die filing, for the fine abrading used to finish a die when it is first produced or, more frequently, repaired. At the time of production, a die usually has some inherent flaws from nicks and scratches to swelling and cracks. The tiny flaws, like a random scratch in the dies, may usually be corrected by minor polishing with a fine grain abrasive such as steel wool or emery. The fine markings etched on the die by the abrasive are called “die finish lines” or “lapping lines,” though usually “die finish” refers to a finer grain than “lapping lines,” which are more likely caused by a file or something of heavier grain. The abrasives may also be used to smooth out rust or damage on a well-used die, or to smooth over a small crack. Occasionally, dies will be “lapped,” thus effacing details, and re-engraved or repunched. Misplaced dates and the like show only light remnants of the errantly placed punch because most details were simply “lapped” away. This term is most often used in reference to mid 19th-century coinage it seems, though you can undoubtedly see fine lines of “die polish” or “die finish” on coins in your pocket change.


FYI - Booby Head New!
01/21/2016

The so-called "Booby Head" of 1839 is a modification of the bust of Liberty that shows one of her hair strands curling around the truncation of the bust.  In real life, this is anatomically impossible and it is doubtful that a sculptor would add such an unusual feature to a physical bust.  The nickname was first applied by Dr. Montroville Dickeson in 1859, then standardized in 1868 by Ebenezer Locke Mason, Jr.  It has been in use ever since and is one of the more distinctive varieties in the Matron Head series of Large Cents.