‘NUMISNET WORLD’


Volume 14 Issue 11           Formerly published as the 'Tasmanian Numismatist' - Internet Edition' (Est. 1996)            November 2009


'NUMISNET WORLD'

INTERNET EDITION

Edited by Graeme Petterwood. © 2009.

 

Remember - be astute when you are handed change - not all the wonders of numismatics have been discovered yet - and they don't have to be shiny and new! This edition again features an assortment of  'trivia'  that I think is of interest and I trust it will prove educational and entertaining to you as well. 

All or any prices quoted in articles in this newsletter, unless stipulated, are estimates only and they should not be considered to be an offer to sell or purchase the items mentioned or used as illustrations. 

Wherever possible - illustrations are from the authors' own collection or the extensive picture library of the former 'Tasmanian Numismatist'  local and Internet editions and the  'Numisnet World' - Internet Editions. © 1996 - 2009.

(Fair 'acknowledged' use of any scan is allowed for educational purposes.)

Please note that the photoscans of items are not always to size or scale.

 

Any comments published in this privately produced newsletter do not necessarily reflect the views of the 'Numisnet World' (Internet Edition) nor its Editor.

Bearing in mind our public disclaimers, any Internet links selected by the authors of this newsletter, are usually provided as a complimentary source of reference to the featured article in regard to:

(1)     Illustrations

(2)    To provide additional important information. 

These items may be subject to existing copyright.

 

Please consider my conditional invitation to make a literary contribution if you feel you have something numismatically themed that may appeal to a general level of interest and fulfills our stated editorial guidelines.  However, please be aware that not every submission will be automatically accepted for publication. As Editor, I am always prepared to look at it - and if need be - assist in presentation. 

We regret the imposition of 'editorial control' - but previous experience has neccessitated the following conditions.

If common courtesy, and normally acceptable moral standards are not upheld, or, the subject matter is considered to contain plagarized or defamatory content, or, if it is not considered 'generic' enough for this type of newsletter, or, if the subject has already been covered in depth in earlier editions - it may be refused, held aside or selectively edited.  This is, obviously, not a scientific-style journal - our object is to educate, certainly - but, hopefully, in an entertaining way for the average hobbiest collector.  - G.E.P.

PLEASE NOTE - RE-STATED DISCLAIMER: Where on-line web-site addressess are supplied, they are done so in good faith after we have checked them ourselves - however, our readers are advised that if a personal decision to access them is made - it is at your own risk.

 

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THE 'EX'-TRA STRING

TO OUR NUMISMATIC BOW!

'EXONUMIA:- Numismatic items not of government issue e.g. tokens, medals and scrip' - COIN WORLD ALMANAC 1975.

 

The purpose of this newsletter is to feature - for educational purpose as well as our enjoyment - the host of 'numismatic' items we have come to accept using this collective term. Thankfully, our own definition of our main subject is relatively loose - and the scope includes coins, banknotes, medals, medallions, tokens, scrip - and all sorts of closely associated objects we care to encompass under that broad umbrella.

They can be real, replicas or even fakes - but all have stories to tell - and some are far more intriguing than others!

Our readers will encounter the term 'exonumia' regularly in this publication  - so perhaps, we should briefly examine a few items of interest to tickle the fancy of those of us who have chosen - or may choose -  to venture along this fascinating numismatic pathway.

There are many definitions that accompany this page in the handbook so I will mention just a few that will be useful. They are quoted from 'Coin World Almanac - First Edition 1975'.

 

Facsimile - An exact copy of reproduction.

 

Original Thomas White and Son (Westbury) Penny token in Copper - Facsimile token dated 1855 in new Bronze.

(This copy is too close to the original - it could be mistaken as a variety - and it has been sold on several occasions as a genuine item.)

 

Fantasy - An object having the physical characteristics of a coin or medal, isued by an agency other than a governing authority yet purporting to be issued by a real or imaginary governing authority as a coin or medal.

Ducal denomination 'coins' - issued by the Royal Bank of Avram in a mythical Duchy - located wherever it happens to be at any time.

 

Empire of Atlantium - Emperor George issued a 10 Gold Soldi piece- another fantasy but with real value!

 

Coins of the Hutt River Principality in Australia - Prince Leonard is the ruler of this self- proclaimed nation within a nation.

 

Imitation - That which is made or produced as a copy, and which is not in violation of counterfeit laws - although many go very close!.

 

Copy in Cupro-Nickel of a genuine Chinese 1904 Silver coin. (note missing 'leg' from Chinese character on reverse)

(This shiny copy is close to the original in size and style and has been sold as a genuine 'variety' token at C.N. prices.)

 

There is one other rather 'famous' - or should I say 'infamous' - imitation that turns up regularly for comment in this columm - our old favourite - the 1752 Reader's Digest Ducat.. It has very similar design characteristics and text as the genuine Austrian Ducat coins of the era - enough to be a nuisance for collectors who think that they have stumbled upon an unlisted variety. It has become such a continuing controversial piece that I believe it now should be worthy of it's own spot in any exonumiac or numismatic handbook - if it hasn't already appeared.

As far as a value - depending on condition - anything in loose change under an AUD$1.00 might be a reasonable ask!

The following correspondence is from a previous 'Tasmanian Numismatist ' newsletter published in September 2002  - referring back even further - and gives an indication of how long this piece has been plaguing me - and many others who have been vexed by it.!

With replica items like this it is no wonder that the public can be fooled.

I still have a 'silver' sample of the base metal 'ducat' and, prior the time the original article was researched and prepared, I also thought I had something that might be 'rare' as it was not listed in any publication. (The high reflective surfaces did not scan well but the old illustrations below show the style.)

I was also disappointed, as the latest correspondents would have been, when advised of its rather mundane history.

The reasonably well-made 'coin' has a measurement of 20mm. and weighs less that 2 grms. - a lot lighter than the genuine article - but, of course, it is now an interesting numismatic item of some small note in its own right - if collectors are aware and accept it for what it is."

 

"A correspondent from Belgium has recently requested information from the searchable archives about that old 'Austrian Ducat' dated 1752 with the legend 'TU DOMINE SPES MEA' on the reverse.  Unfortunately, the records with the explanatory article had been deleted from this archival area as they were over 5 years old, so it was a case of resurrecting the original hard-copy newsletter. This condensed extract is from the 'Tasmanian Numismatist' - April 1996.

1752 AUSTRIAN DUCAT

'Some time ago a correspondent to the 'Australian Coin Review' (now incorporated into the 'Australasian Coin & Banknote Magazine') mentioned having found, what appeared to be, an unlisted Austrian Ducat dated 1752 bearing the legend 'FRANC. D.G. R.I.S. A. GER. IER. REX.' with the portrait of Francis of Lorraine on the obverse and the legend 'TU DOMINE SPES MEA' on the reverse. It was very similar - but 'not quite right' - in comparison to others of that time period.

The 'coin' was in fact manufactured and distributed on behalf of the 'READERS DIGEST' organisation some 12 years ago (c.1984) as a promotional gimmick, and samples regularly turn up on market stalls in both 'gold' and 'silver' finishes.

These 'coins' usually have a dark chemical reaction spot in the centre where they had been attached with an adhesive glue to a 'Reader's Digest' give-away sheet.'

 

 

Reader's Digest 'Austrian Ducats' c. 1984 (?) - 'Gold' or 'Silver' finishes.

(Usually with either light or dark centre-mark caused by an adhesive glue.)

 

Jeton - A counter intended, usually, to be used for computing purposes or games (much like a 'poker chip') There are a great many varieties..

Brass Victorian-age Card Counter. (Jeton)

 

Maverick - An unidentifiable or non-attributed specimen. It might even be very straight-forward in design and text - but its origin, purpose and source, may turn out to be a real mystery!

 

Chancery Hotel One Shilling brass token - but where do I come from?

 

Medalet - A small medal usually no larger than 1" in diameter.

Actually, the National Service medal and 10mm. minature (medalet) set (shown below) falls within the numismatic definition - but other similar items put out by some commercial manufacturers do not - and are classed as exonumia.

The two true medalets (right) were issued to commemorate the 1894/5 Exhibition in Hobart (top pierced) and an Italian produced commemorative gilded religious medalet depicting B. Frederic Ozanam and an occasion at Notre Dame de Paris on August 22nd., 1997(with ribbon or pin lug)

 

1951 - 1972 Australian National Service Medal obverse - with identical 10mm. miniature (medalet) showing reverse design.

1894/5 Hobart Exhibition medalet reverse - 17mm. generic obverse medalet (using Stokes & Sons dies).

Italian 17mm (B. Frederic Ozanam obverse) medalet dated August 22, 1997- with Notre Dame de Paris reverse .

 

Medallion - A medal-like object, usually of large diameter, often in presentation packaging (and not normally meant to be worn as a personal decoration) - usually acceptable as a genuine officially-issued numismatic inclusion (such as shown below) - but there are some good quality commercial exceptions that fall within the category of 'fantasies' - so be aware! 

Occasionally, as well as other special limited issue official versions that do surface within the market -  manufacturer's 'trial pieces' - sometimes in 'off-metal' strikes and sometimes weight variations - but which have most of the visual appearances of an official release- do also occur. These are sort after by those accumulators who consider that  these objects constitute another challenging and interesting collecting string to the same exonumiatic bow.

 

2004 Official Commemorative Presentation 40mm. Medallion - European Foundation of Hobart 1804.

1992 70mm. Gilded Pewter Tasman Medallion (Tasmania Bank issue) - Off-metal trial strike from various waste metals ('rainbow slag').

 

Mule - A 'mule' is a hybrid coin, medal or token whose obverse die is not matched with its official or regular die, i.e. mismatched obverse and reverse.

This 33mm. 'muled' brass token was issued by the T.N.S. as an advertising piece for the International Coin & Medal Fair Hobart 1991.

Sources were 1891-2 Queen Victoria International Exhibition medal obverse - and Macintosh & Degraves 1/- Silver Shilling token reverse

 

Necessity (Emergency) Money - Money issued usually locally, often under ad-hoc authorization, to meet an emergency, a seige, a breakdown of central authority or an abscence of regular money. The well-known Gutschein and Notgeld notes and various  'token coinages' fall into this category as does the issuance of non-authorised 'official' money. The 1918 Ukranian note shown below is identical to the official currency - it was printed using genuine plates and paper - except it was issued without any authority except  that of an occupying military force - albeit even part of  the official Russian Tsarist army.

The additional part of this issue - recognised by its non-conforming series numbers - was later repudiated when the area was re-occupied by the conquering Bolshevik forces during the Russian Revolution in 1919.

 

1918 Ukranian 50 Karbowanez notes (after Series # A0 209)

Issued in Odessa by Tsarist forces under the command of Gen. Danikin during the Russian Revolution.

These notes were later repudiated as illegal by the victorious Bolshevik controlled Ukranian Government.

 

Scrip - Paper currency usually of denominations less than a Dollar as substitutes for currency - usually issued by private persons or organizations such as Coal mines and sutlers (providors) but modern versions are emerging which are usually time-sensitive but also attractive as 'discounts' to shoppers.

.

Pseudo-notes K-Mart Cash - exchangeable for goods. Values from 5Cents - One Dollar.

(It is known that these notes were used as 'small change' between individuals during the course of this long promotion.)

 

Souvenir Coins - .A token of a promotional or commemorative character which may purport to have some limited exchange value.

 

Mahone Bay - Canadian Municipal 5 Dollar Tokens. These types of tokens are desireable and are available in various metals.

 

Token - Usually a piece of durable material appropriately marked and unofficially issued for monetary, advertising, service or other purposes.

A montage of Tasmanian tourist souvenir tokens.

 

Vecturist - A dedicated collector of transport tokens (Vectures).

U.S. Transport tokens of the type collected by dedicated vecturists. They are also very popular in the broader numismatic community.

 

Wooden Nickels - Currently used for advertising and souvenir purposes, wooden nickels were originally issued as 'emergency money' in Tenino, Wa.

Don't Take Any Wooden Nickels!

(- unless you are a collector..... !)

So says the old adage .... it often means - don't accept everything at 'face value', or as genuine, without checking it out carefully - but, I suppose all sorts of meanings can be attributed to the good old wooden nickel syndrome - in fact, these various shaped and humble pieces of numismatica now hold a revered spot in some collector's accumulations of - 'not quite' - coins.

The modern world tends to think of the round Nickel Five Cent coin from the United States of America as the archtypical 'Nickel' these days - even though many other nations still have a similar 'nickel' coin in size - and limited value - as one of their lowest hard-working denominations.

That was the same attitude back in the Great Depression era of the early 1930's when actual coinage was seriously lacking in the U.S. public arena and emergency issue 'coins' started to appear.

 

TENINO 1931 WOODEN 25 CENT 'CHAMBER of COMMERCE' REDEEMABLE CERTIFICATES

Further reading:  'Wooden Nickel' information site:- http://www.wooden-nickel.net/

 

The thin, flat wooden rectangular 'promissory notes' or Certificates - which first appeared in 1931 as emergency money in Tenino, Washington state, during the U.S. Depression came into being due to a chronic shortage of coinage. They were issued by the Chamber of Commerce - but soon were being used, at face value, for a coffee or as a discount off a meal or a product at any local venue who were prepared to accept the ''Certificate' as money to be 'redeemed' at the Citizen's Bank of Tenino.

The phenomena of wooden coinage was well established by 1934 when advertising was also placed on similar wooden redeemable flat rectangualar 'Nickels'. Whilst this form of promotion wasn't all that successful initially, it did enjoy a fruitful era during the 1950 - 60's 

 

2000 WOODEN NICKEL CHRISTMAS GREETING CARDS

(issued by the late, great Canadian numismatist, JERRY REMICK III)

Modern versions of this type of Wooden Nickel are still being produced as gimmick advertising pieces 

and personal greeting cards as shown here  - often by dealers or collectors of exonumia.

 

In 1933, the first round Wooden Nickels were actually produced in Blaine, Washington state for the same purpose of allaying a local coinage shortfall..

If the 'cheap to produce' wooden nickel was 'good for' something of real value like food or  drink  - even it was only 5 Cents worth - it was better than nothing during and just after those dark days of the Great Depression  - so it became worth having in local communities who were cash-money poor.

The Wooden Nickels with value were the American equivalent of the European Notgeld or Gutschein token coinages and the Australian Tradesmen's tokens of the mid 1800's. They often filled a niche in both a faltering, and a recovering, financial market that lacked quantities of low value specie - other than dubious promissory paper -  that took more money to produce than it was worth.

However, the saying "Don't take any wooden Nickels" also became a warning during those hard times - it came from the practise of some unscrupulous people who were employing out-of-work transients for hard or menial casual work and then encouraging them to take payment in Wooden Nickels, worthless paper scrip or local tokens which may - or may not - be honored by the issuers. Those were really 'cheap and nasty' times!

During the 1940's,  the large wooden coin-like rounds bearing a familiar U.S. 'Nickel' coin design  started to achieve commercial success for a variety of reasons - maily because they were easier to handle than the thin wooden rectangular stye gimmick.

 

The concept of actually using wood for the so-called Wooden Nickels is now gradually being replaced with the idea of using modern materials such as plastic or cheap alloyed metals - even though the wooden item is still cheaper to produce, it means precious trees need to be cut and processed.

The actual production lines even tend to favor the more modern made-made materials.  However, there is a thin line between the 'costs' of conservation and the modern industrialization goals of limiting greenhouse gas emissions and fossil fuel useage..

Those wooden Nickel tokens we do see these days are mainly novelty advertising gimmicks - or only have a limited discount value off a product commensurate with the cost of having the token made and distributed - and often a time element is applied for their redeemability.

"Wooden Nickels" - no matter of what material they are made from - or what stated value - will still have a place for both distributor and user as long as there is a perceived market - but, they should not be confused with the modern era local 'good for' currencies that are starting to proliferate the U.S.during the latest economic downturn - that's another story altogether!

 

Modern era versions -  Advertising or 'Good For' - Wooden Nickels

 The obverses and reverses tend to be 'upset' in most instances - and the tokens often vary slightly in thickness and diameter.

These few selected tokens are typical - most obverse depictions are based on the Indian Head/Buffalo 1913 - 38 U.S. Nickel 5 Cent coin designs but some are of higher denominations and based on more modern issues - and others are totally original.

 

1913 Indian Head - Buffalo (Nickel) U.S. 5 Cent coin

1971 Eisenhower Copper - Nickel clad 'Moon Landing' Dollar

 

Top Row - Reverses:-

1. Eversole's Store - Elk Creek, Nebraska  Est. 1908  - 1776 - 1976 Bicentennial.

2. Verona 76 Celebrate American Bicentennial.

3. Souvenir From E.B.'s Restauranr, Garden City.

4. Worth 10% on any Order within 90 days - Campbellsville Industries - Campbellsville, Ky.

Second Row - Reverses:-

1.SMAT Good For 1/2 Fare 928-5624  1987

2.SMAT Good For 1/2 Fare 928-5624  1992

3. Peter Yegen Jr. / 1953 Museum 1999 / Yellowstone County.

4. Good For One Free - Lone Star Root Beer - Lone Star Brewing Co.  * Note: Incorrect spelling of 'United' (Untied) on (obverse) Buffalo side.

Third Row - Reverses:-

1. Wood Works Better .... Naturally.

2. Rustler Restaurant - 25% off on any order - Chandler, Texas

3. Memphis Coin Club - 8th Annual Convention  November 25-26-27, 1966 - Hotel Sheraton-Peabody

4. Old Country Store - Always Good for 10c Trade - Jackson, Tenn.

Fourth Row - Reverses:-

1. Booneville, Miss. /1861 - 1961 /  Good in Trade in Booneville until May 13, 1961 /Centennial

2. United States of America / E Pluribus Unum/ Depiction of an Eagle (on the moon with a palm frond)

3. 90th. Bomb Group (H)1942 - 1945 / Depiction of Skull above two crossed bombs/ Jolly Rogers - Best Damn Heavy Bomb Group in the World

 

Wooden Nickels - such as these shown above - have a specialist collector value varying from US10Cents - $6.00+ - depending on 'age' and rarity - just as real coins do. However, there are items that can be very desireable if they originate from certain venues - and the prices asked and paid are commensurate. A recognised U.S. token catalogue - and there are quite a few (mainly as individual state publications) - will give up-to-date valuations - but the average price of wooden coins is always flexible and they are geared to contemporary market demand - and often values are negotiable.

The current lower price parameters for average wooden tokens being traded amongst professionals or fellow collectors is  :

From 1930's:     US$2 - $6

From 1940's:     US$2 - $4

From 1950's:     US50c - $1

From 1960's:     US10c - 50c

..... and if all else fails - the face value of the Wooden Nickel!  It might not buy a latte-coffee these days, but it will generate some interest!

 

 

Reference:-

'Tokens and Medals - A Guide to the Identification and Values of United States Exonumia.' - by Stephen P. Alpert & Lawrence E. Elman. 1992.

 

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The Display Case! - Part 3.

Compiled by: Graeme Petterwood  © 2009

In any reasonably expansive collection of numismatic items- specifically banknotes, in this instance - there are those little odd 'bits 'n' pieces' that are not numerous enough to be given a special category - except, perhaps, to have an acknowledgement - or by having a bit of end-space in a folder or an initial in the Index. They are rarely spared much space in this publication either  - because of their singularity - but they are of interest because of their very existence.  Not all will be pristine like the ones shown above.

The purpose of 'The Display Case' - is to occasionally feature a few photoscans - and a little detail -  of those 'forgotten' treasures.

 

If only the condition of all our notes were like these few selected pristine examples .....

 

References numbers will be from the Krause Publications - "Standard Catalog of World Paper Money" (SCWPM) by Albert Pick (and others) - both General and Specialized Issues, in the main.  

SCWPM catalogue numbers used on illustrations are interchangeable but for the purpose of this article they will be either designated as either Pick #'s or Kr. # 's - depending on the involvement of Albert Pick - or other writers or newer editors.

Not all of the banknotes illustrated were officially issued - some were produced in times of conflict by opportunistic conquerors and illegal governments - or individuals - and later repudiated. This segment will touch on all these types of banknote anomalies - however, it will not dwell on notes that may fit the category criteria but have already enjoyed a fair showing in recent times - such as some Gutschein, Notgeld, Russian regional issues and, of course, the plethora of unissued notes - from countries that have fallen by political change - and are readily available for a pittance at any numismatic market.. However, we may feature some of these if a perceived need arises.

I have carefully considered the notes I have selected - and they are, hopefully, interesting choices from my own collection of oddments - and, over time, I will gradually work towards the XYZ's - and, in that way  I will have achieved my aim of recording them, in this format, for our own little slice of history.

This will probably always be a 'Work in Progress'!

I

IRELAND (EIRE) - Like many European countries, Ireland now uses the Euro currency. The old Imperial system foisted upon it by the English conquerors, from eons past, has been consigned to numismatic history. The changeover, however,  came at a 'cost'

On all of Irish notes, since 1928, either as a feature or as a watermark - was a pensive portrait of an artist, American-born - Hazel, Lady  Lavery (nee Martyn) - who actively helped broker the peace in 1921 between the group of Irish counties, that eventually became (the Republic of) Ireland on April 18th. 1949, and Great Britain. That she was a truly beautiful woman, who captivated the hearts of men on both sides of the Irish political scene of that era, is probably an understatement as her portraits still weave their spell over male viewers - and that is one reason why she held a place on Irish currency for so long. Her husband, John, was an even more accomplished artist of some importance - and many of his fine portraits of Hazel, including the one shown, are in existence in famous galleries.

 

Central Bank of Ireland 1977 One Pound - Pick # 70a

featuring ancient Queen Medb and old Irish Celtic writing - with the iconic watermark of Hazel, Lady Lavery*

*Refer:-  http://www.vision.net.au/~pwood/March2002.htm

 

J

JAPAN - As a peaceful, constitutional and democratic monarchy now for many years, Japan has had a chequered past - its history has had a terrible darkside and the former Japanese hierarchy have paid an awful price for their humanitarian failings between 1937 - 1945..

Japan  is the only nation, to this point in time,  to ever have had two nuclear bombs directed at its population - and  detonated in anger.

The moral judgements that have been made - and will have to be lived with for many generations - are recorded in the worlds' history books for all to read and it is not our task to take up this issue.

Numismatically, however, the currency of Japan is quite interesting and really deserves more space - although in this instance, and within the scope of this particular article, I am only featuring only one style of note from a whole range of similar designs featuring the portraits of ancient Japanese leaders and V.I.P's 

Some of these older notes were overprinted for use as 'military' and 'propaganda' issues during the Japanese expansionism period in China and elsewhere prior to and during WWII and they circulated, in some areas, alongside the well-known Japanese Invasion Money (J.I.M.).

Many of these overprinted notes are still readily available, but, depending where and when they were issued, are often in lesser grades of preservation.

 

Japan 1930 10 Yen - Pick # 40a

featuring politician Wakeno Kiyomaro (733 - 799 A.D.) obverse - the Goo(h) Buddhist Shrine erected near Kyoto reverse.

 

 Military O/Prints (without Serial Numbers) on Japanese 1930 notes issued during 1938 China campaign.

 Pick # M14, 25 and 27

50 Sen featuring mythical Dragon obverse - green scrollwork with value reverse

5 Yen featuring poet - scholar Sugawara Michizane (845 - 903 A.D.) obverse - multi-color scrollwork with value reverse

Refer:- http://www.answers.com/topic/sugawara-michizane

10 Yen featuring politician Wakeno Kiyomaro (733 - 799 A.D.) obverse - Goo(h) Shrine reverse as Pick #40 (shown above).

 

K

KOREA (NORTH) - A series of conferences, held during the 1943 - 1945 era by the major Allied leaders, had virtually divided up the 'spoils of war' - including Korea - when peace was deemed to be forthcoming as WWII started to slowly swing in the Allies favour..

The 'Big Three' leaders - Churchill, Stalin, Roosevelt, then Truman - after Roosevelt died unexpectedly - had decided that Korea was to become a 'free and independent' nation with a temporary dividing line, between the occupying Russian and American military, which was to be set at the 38th parallel.

The former Japanese controlled areas of the Korean Peninsula (since 1895) were to be liberated by the Allied forces with the north to be invaded by the Soviet forces - whilst the south was to be occupied by the U.S. troops. The Allies kept their end of the deal - they stopped and allowed the Russian forces to advance to greet them at the 38th parallel.

Unfortunately, the deal was flawed when the Russsian forces - under political orders from Stalin - sealed off their gains and took the areas as theirs alone.

This blatant bending of the conference agreements by the Soviets occurred in  Germany and Eastern Europe as well as in Asia - and whilst  it was not quite what was expected from presumed political allies it came as no real surprise to many more astute military leaders who had seen 'the wriing on the wall'.. The Cold War was born!

 

In northern Korea, an independent currency, dated 1947, was first introduced after the area had been under the influence of both Russian and Chinese Communist political forces - as well as their military - for some time.

Due to these sorts of political intrigues, coupled with the the Russians refused to allow access to the north,  the stalemate eventually forced the south to declare itself as the Republic of Korea on August 15th. 1948 - and, in retaliation, the north declared it had held an (unsupervised) election to declare its independence on August 25th 1948 and the area north of the 38th parallel was to be henceforth known as the Democratic Peoples Republic of Korea. 

The result was not recognised my some former allies, including the U.S.A. so it was a recipe for disaster - and its outcome is still unfinalised after 61 years.

The history of the consequent horrific Korean War and its inconclusive armistace (1950 - 1953)  is well documented elsewhere.

Refer:- http://en.wikipedia.org/wiki/Korean_War

 

1947 North Korean Central Bank 100 Won issue - Pick # 11

featuring generic Agriculutural and Industrial workers  Obverse - Mountain scenery reverse

1, 5, 10and 100 Won (shown) - variation in text on some 5 Won notes - w/wmk and w/o wmk.

Also small denomination issued notes:- 15, 20 and 50 Chon - text within ornamental and floral designs (no sample)

 

In 1959, the Korean Central Bank issued the first  series of 6 Chon and Won notes bearing the official title of the Democratic Peoples Republic of Korea.

The denominations were 50 Chon and larger values 1, 5, 10, 50, 100 Won (shown below) (These large samples are not to size - reduced to fit page).

 

1959 50 Chon - Pick # 12

1959 1 and 5 Won - Pick # 13 and 14

 

1959 10 Won - Pick # 15

1959 50 Won - Pick # 16

1959 100 Won - Pick # 17

 

L

LITHUANIA - Formally known as the Lithuanian Soviet Federated Socialist Republic, Lithuania declared its independence March 11th., 1990. Originally, Lithuania had been a Grand Duchy, with ties to Poland, but had fallen under Russian domination during the 1800's and did not regain any sort of independence until 1918 when it declared itself a republic.

During 1940, Russia briefly occupied the nation  - but they were driven out by German forces shortly afterwards.

By 1944, Russian forces had driven out the Germans and 'freed' the country once more - and declared that was a member republic of the Soviet Union.

 

With the collapse of the Soviet Union, Lithuania was again recognised as an independent nation and it began to issue its own currency and coinage - starting with a simple 'coupon-like' series of Talonas denomination notes. (A selection showing styles from the available denominations I have is shown below.)

This initial series also had three 'fractional value' notes which were all the same size regardless of denomination (8.5cms x 5.5cms.).The reverse on all fractional notes was the simple national emblem of the mounted warrior (as shown below).

This principle was also observed with the full Talonas denominations - all one size notes. (12cms x 7.5cms) The obverses bore various local floral emblems and the national emblem was in prominence -  the reverses featured an assortment of local fauna (as shown below).

In 1992, another similar issue of whole Talonas denomination notes was produced with flora and fauna variations - and which also  included two new values - 200 and 500 Talonu - and this was  followed by a short series (dated 1993) of  200 and 500 Talonu values. 

 

 

1991 Republic of Lithuania Talonas - the initial independence note series. - Kr. # 31, 33, 35, 36 and 38a

This first series commenced with fractional divisons of 0.10, 0.20, 0.50 Talonas -  then 1Talonas and 3, 5, 10, 25, 50 and 100 Talonu.

A phrase regarding counterfeiting is present on most 1991 Talonas notes - however, notes without the text are worth a sizeable premium.

 

A third issue was of a more traditional syle (obverse portrait notes) - again with local buildings,  flora and fauna reverses - bearing the new Litu denominations (dated 1991) - although these were issued in 1993.

This is the basic format that carried through until the present day in regular updated versions.

Shown below is a 1994 note containing a security thread, Horseman watermark, embedded silk threads, optical matching obverse and reverse shapes.

A new series, dated 2007 (issued 2008) of 10 and 100 Litu portrait notes were printed in places outside of Lithuania, like Germany and France, and are now incorporating many new anti-copying features and modern vertical serial number format. as well.

 

 

1994 Bank of Lituania One Litas

featuring writer J. Zemaite obverse and wooden Church buildings reverse

Refer:- http://mpkelias.mch.mii.lt/ASMENYS/zemaite.en.htm

 

 

Main References.

'Standard Catalog of World Paper Money - General Issues' by Albert Pick - Volume 2. Krause Publications 1996.

'Standard Catalog of World Paper Money - General Issues' - Edited by Colin R Bruce II & George S. Cuhaj. - Volume 3. 3rd. Edition. 1997.

'A Guide & Checklist to World Notgeld 1914 - 1947' by Courtney L. Coffing - 2nd. Edition. Krause Publication 1988

 

Next Issue:- From Mexico to Qatar!

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MISCELLANEOUS TRIVIA

For those who regularly read the 'Australasian Coin & Banknote Magazine' (CAB) - they may have noted a story, in a recent issue (October 2009) which mentions David Raymond - who was a notable numismatist and dealer in Sydney from the 1930's - 1950's - well before coin collecting became really popular amongst the general Australian public.

From the CAB article by T. Vincent Verheyen - and the original sources quoted in the article - we learnt that the name this man used was, in fact, a 'nom de commerce' - he was actually born as David Barnett and he died in 1959, aged 75, and he is buried in the Botany Jewish Cemetery in Sydney.

David Raymond could rightly be recognised as helping to lay the foundations of modern numismatics - and being one of the 'fathers' of the hobby - in Australia.
I was reading the brief resume of David Raymond's life and times and, suddenly remembered a slim book of only 22 pages that I had bought - with others - many years ago from the estate of a late colleague, Mrs Dorothy Lockwood  (pic left)* who had passed away 5th July 1996. 

The autographed publication had originally been presented as a complimentary gift,  by a second signatory, to a local Launceston, Tasmania  resident - who also left his/her mark by having ink-stamped it in a few places. It was a coincidence that the 'stamper' actually lived in a street very near to where I had lived as a child - just around the corner, in fact - so it had had already been pre-loved prior to it being  obtained by Dorothy Lockwood - who lived 123 miles away in Hobart - and the little publication was showing some signs of its age. 

Well -  it has come North again, into my custodianship, after about 42 years of passing through so many pairs of hands -  5  that I know of - so far!

The 1954 autographed copy of David Raymond's booklet "Coins and the story they tell" (pic. right) has been an occasional  handy asset in my library since its acquisition. The cover has faded and the pages are turning from white to yellowy-fawn with age - but it still has well-researched stories worth reading - and - now, I have the fringes of the story of the man behind the words - thanks to his own legacy to our great hobby..

 

Fly-leaf autograph of D. Raymond - October 1954

 

Editor's note - *It was to honour Dorothy's husband, the late Arthur J.Lockwood, who had initiated the famous A.J. Lockwood Award in 1970 - that the award - accompanied by a bronze medallion suitably inscribed - continued on under that name as a memorial piece. It was presented by the Tasmanian Numismatic Society - in consultation with other Australian numismatic organizations - to considered worthy Australian numismatists who were nominated, in secret, by their peers.

Until 1996, the A.J. Lockwood Award was presented only for Numismatic Literary Achievement, but, after Dorothy's death that year, and, in conjunction with the T.N.S., it was renamed the Lockwood Medal (with Certificate) and expanded to also cater for general Services to Australian Numismatics. 

Currently, it is a periodical award - presented through the auspices of the Tasmanian Numismatic Society with the same criteria of peer selection - but it is still recognised as one of Australia's most prestigious numismatic honours. Dual medal presentations are permitted where achievements of note warrant the event.- it is not a shared Medal - the presentations are treated as individual honours to each winner for different reasons.

The list of recipients is a virtual  'who's who' of Australian numismatics - and this Editor was humbled to have been selected to join the elite group in 1998.

 

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GENERAL INDEX UPDATE.

'TASMANIAN NUMISMATIST - INTERNET EDITION' 1996 - June 2007

The detail of contents of the 'Tasmanian Numismatist - Internet Edition' and 'Numisnet World' can be seen at the following links. Copies of articles are usually available by email, upon request from the Editor or the original author - or, if directly accessed, subject to those copyright provisions laid down in our current terms of use.  Articles will not be posted by mail services.

 

Early issues of the 'Tasmanian Numismatist - Internet Edition', from 1995 - 1999. were permanently archived in 2000 and articles are not linked directly.

http://www.vision.net.au/~pwood/aug03.htm  - 1995, 1996 - 1997 (Volumes 1 and 2) Archived. Content detail only. (Articles can be emailed).

http://www.vision.net.au/~pwood/ept2003.htm  - 1998 - 1999 (Volumes 3 and 4) Archived. Content detail only. (Articles can be emailed).

 

By refering to the the 'Newsletter Archives' or 'Search' function located on the Home Page, you can directly access all current Volumes.

http://www.vision.net.au/~pwood/tns.html  - January 2000 (Volumes 5 - to date).

In January 2006 it was decided to grant each new issue its own URL link. which would henceforth appear in the current Index for fast find:

http://www.vision.net.au/~pwood/mar07.htm  - 2006 (Volume 11)

The final Index of the 'Tasmanian Numismatist - Internet Edition'

http://www.vision.net.au/~pwood/dec07.htm  - 2007 (Volume 12 - Issues 1 - 6)

 

 'NUMISNET WORLD' July 2007 - June 2009

Full details of initial 'Numisnet World' - incorporating 'Tasmanian Numismatist'  (2007)

http://www.vision.net.au/~pwood/dec07.htm  - (Volume 12 - Issues 7 - 12)

For full details of 'Numisnet World' (2008)

http://www.vision.net.au/~pwood/dec08.htm  - (Volume 13 - Issues 1 - 12)

For full details of 'Numisnet World' (2009)

http://www.vision.net.au/~pwood/June09.htm  - (Volume 14 - Issues 1 - 6)

 

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'NUMISNET WORLD' July - to date 2009

VOLUME 14

Issue 7. July 2009:-   http://www.vision.net.au/~pwood/july09.htm

The Numismatic Library - A Collector's 'Second Best Friend.' - the importance of colleagues - and a reasonable library - are essential for hobby happiness. The featured library book is 'Tasmanian Commemorative Medals and Medallions' by Roger V. McNeice OAM., F.R.N.S.

Russia - 20th Century Regional Paper Currency Issues - You will find  details of these in "Standard Catalog of World Paper Money - Volume One."

Investiture of HRH The Prince of Wales (July 1st. 1969) - One of the pewter medallions issued to celebrate the ceremony at  Caenarvon castle.

General Index Update - Refer last issue of 'Numisnet World'.

 

Issue 8. August 2009:-   http://www.vision.net.au/~pwood/aug09.htm

The Numismatic Library - The 'almost' coins of Canada. - a look at a small collection of  token coinage of varying quality, and from various sources, and how it played a part  in keeping commerce going in some areas of Canada prior to Federation. The featured library book is the well-known 'Coins of Canada'. by James A. Haxby and Robert C. Willey.

Canadian Paper Money - Playing Card money is an unlikely starting point - but it did exist, and has earned its place in currency history, as much as official issues have done. This article covers the early issues from Confederation until the reign of Queen Elizabeth II - and is illustrated with a few notes of that era.

Out of the Vault - 'The Medicine Man' - The rise and rise of 'Professor' Thomas Holloway (1800 - 1883) - the 'medicine man' to the world!

Tasmanian Stamp & Coin Shows - a miserable Saturday morning in July, at an APTA stamp and coin show, turned out to be a heart-warming experience for a budding 11 y.o. numismatist - and his grand-dad..

 

Issue 9. September 2009:-  http://www.vision.net.au/~pwood/sep09.htm

The Holey Dollar & the Dump - Revisited once more - a brief look at one of the most desirable coins from our colonial past - and, also some of the more modern versions that are tempting our bank balances into the red..

The Circulating Pre-Decimal Coinage of New Zealand - A brief - 'whet-the-appetite' - view of the start of New Zealand's national pre-decimal coinage.

An Old Greek Mystery - A chance acquisition - at a bargain basement price - revealed more than a heap of low value 'shrapnel' -but, things weren't all that they were supposed to be.

The Display Case! - Forgotten gems from our banknote collection will be featured in this ongoing segment. Let's not lose sight of what can be a very rewarding item just because it might not be part of a larger sequence of notes.(Notes featured from countries A - D).

 

Issue 10. October 2009:-   http://www.vision.net.au/~pwood/oct09.htm

The Real Collector's Quandry (Mini-Editorial) - Are we being swamped with too much of a good thing? Old-time traditional collectors are having to make financial choices and/or break a lifetime habit of trying for a complete Royal Australian Mint collection to date - and that is a hard pill to swallow. 

Rummy Funny Money - Another look at the beginnings that made Australia what it is today - it was not all beer and skittles - more like a hard-fought deliverance from convicts, poverty, rum and corruption. There was only ever one way left to go - and that was UP!

The Display Case (Part 2). - (Notes featured from countries E - H).The continuation of an illustrated segment about notes we will rarely encounter in quantity on the numismatic store counter.

A Small Change in Style for 2009 - Bright new U.S. Lincoln pennies make a welcome change with several new reverses.

 

Issue 11. November 2009:-

The 'Ex'-tra String to our Numismatic Bow - The attraction and fascination of 'Exonumia' - a hobby within our hobby and one we can't always resist!

'Don't take any Wooden Nickels!' - A selection of Wooden Nickels - these things once had more value, to some, than today's advertising gimmick pieces.

The Display Case (Part 3).. - The continuation of an illustrated series about notes that may no longer be readily available to new collectors. Even the most common-place 'work-horse' note issues of today will become hard to come-by eventually in anything like pristine condition - so if you have the means to secure some good examples of low and mid-value local and world notes - and the will-power to keep them - you or your heirs and successors may have a nice historical collection of some worth to admire in years to come. (Notes featured from countries  I - L).

Miscellaneous Trivia - Sometimes trivia sneaks up and catches us with a fairly tenacious grip that needs to be pried loose - but, sometimes, its welcome!

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'NUMISNET WORLD'

(INTERNET EDITION)

 

The 'NumisNet World'’ (Internet Edition) newsletter has been provided with space on this privately maintained Internet site and is currently presented free on a monthly basis with the aim of promoting the hobby of numismatics. 

The ''NumisNet World'' (Internet Edition) newsletter abides by the same basic guidelines suggested for the official 'Tasmanian Numismatist' newsletter.

The ‘Tasmanian Numismatist’ newsletter is the only official newsletter of the ‘Tasmanian Numismatic Society’ and it is published periodically and distributed by post, or hand delivered, directly to members of the Tasmanian Numismatic Society and selected associates and institutions. All matters pertaining to the T.N.S. are re-published with the permission of the current Executive Committee of the ‘Tasmanian Numismatic Society.

Any literary contributions or relevant and constructive comments regarding numismatics are always welcome.

Please note that all opinions expressed in material published in the ''NumisNet World'' (Internet Edition) newsletter are those of the authors, and not necessarily those of the Editor. 

ALL comments in linked articles are the responsibility of the original authors.

 

PRIVACY PROTECTION

The 'NumisNet World' (Internet Edition) newsletter complies with the Privacy and Personal Information Protection Act.

Under this act, information about individuals can be stored and published only if: the information is already contained in a publicly available document or if personal information has been provided by the individual to whom the information relates, and if that individual is aware of the purposes for which the information is being collected.

All information published by the''NumisNet World'' (Internet Edition) newsletter is either publicly available, or has been voluntarily provided by writers, on request from the Editor of the ''NumisNet World'  (Internet Edition) newsletter.

While the ''NumisNet World' (Internet Edition) newsletter may hold writers' addresses and other details for the purposes of communication and copyright protection, it will never make such addresses or details available to any member of the public without the permission of those involved.

The 'NumisNet World''(Internet Edition) newsletter also respects the privacy of our readers. When you write to us with comments, queries or suggestions, you may provide us with personal information including your contact address or other relevant information. Your personal information will never be made available to a third party without permission.

DISCLAIMER

All details of a commercial nature, organisations, items or individual arrangement to buy, sell or trade are provided in good faith as information only, and any consequent dealings are between the parties concerned. 

The 'NumisNet World' (Internet Edition) newsletter takes no responsibility for disagreements between parties, and also reserves the right to only feature information that it considers suitable in promoting the hobby to our readers. Deadline for any literary contributions or amendment to copy is 7 Days prior to the beginning of the month of publication.

COPYRIGHT

The contents of this Internet newsletter, and all prior issues - included the 'Tasmanian Numismatist - Internet Edition' - are copyrighted ©, but anything herein can be fairly used to promote the great hobby of numismatics; however, we do like to be asked by commercial interests if they wish to use any of our copy. 

This permission, however, does not extend to any article specifically marked as copyrighted © by the author of the article. Explicit permission from the author or the Editor of the  NumisNet World' '(Internet Edition) newsletter is required prior to use of that material.

 

The Editor,

Numisnet World - (Internet Edition). 

P.O. Box 10,

Ravenswood. 7250. Tasmania.

Australia.

Internet Page: http://www.vision.net.au/~pwood/tns.html

Email: pwood@vision.net.au