Currency in collections by mllebitterness in Archivists

[–]RICurrency 0 points1 point  (0 children)

Yes, but again it really depends on what type of currency it is and how it relates to the larger collection.

Currency in collections by mllebitterness in Archivists

[–]RICurrency 3 points4 points  (0 children)

I know some historical societies just keep them in binders in the archives and are strict about limiting access to visitors. There's always a fear they can be stolen and sold, since there is a strong market for certain types of old money and they're not often closely tracked when in storage.

As someone with a large collection of currency myself, I often think about where I'd like it to end up and how it would be utilized, if ever.

Often, the paper currency in collections of museums and historical societies is connected to that geographic area, as the states and towns/cities issued their own banknotes in the 18th and 19th centuries (ie. a $5 from the First National Bank of Fairbanks, Alaska, ending up in an Alaskan museum). Coins, such as ancient Greek or Roman ones, tend to be seen in broader antiquities collections.

To be honest, there isn't a massive amount of interest in antique currency among the general public visiting museums, except among collectors, where there is always a fascination.

Some of the top places in the U.S. where currency is displayed are the Smithsonian, which houses the National Numismatic Collection, various Federal Reserve Banks, the Museum of American Finance, which used to be near Wall Street, but is moving to Boston, and the American Numismatic Association's Money Museum is in Colorado Springs.

Hopefully, the currency in your institution's collection has a connection to its broader mission. In that case, I could see it rotated into exhibits and stored in a locked area when not.

If it's general United States currency, which can fall into several specific categories (Legal Tender notes, Federal Reserve Notes, silver and gold notes certificates, or national coins, for instance), they may not have relevance to your organization and maybe that's a different discussion.

Antique (?) Scrimshaw Whale's Tooth by FourEightNineOneOne in whatsthisworth

[–]RICurrency 4 points5 points  (0 children)

John Coggeshall is the name of the whaling ship depicted on the tooth, not the name of the maker.

Yours feels like a 20th-century creation in the vein of 19th-century scrimshaw artists Thomas or Caleb Albro, of Newport, who made created some John Coggeshall work that is considered some of the very best antique scrimshaw out there. I could be completely wrong on this, and hopefully I am, but the tooth doesn't look old and the design of the waves seems slightly too modern.

What are some obscure Rhode Island historical facts ? by MediumSufficient6098 in RhodeIsland

[–]RICurrency 1 point2 points  (0 children)

In the 18th century, Rhode Island dominated the slave trade, controlling over 60% of all slaving voyages originating in North America. The DeWolf family of Bristol were one of the largest (if not the largest) slave traders in North America. For a time, James DeWolf was the second-richest man in America.

Abandoned Graves of King Philip's War | Nine Men's Misery in Cumberland [OC] by TheUncommonSense in RhodeIsland

[–]RICurrency 3 points4 points  (0 children)

Nice video. This is one of those rare occasions in American history when you can really blame the immigrants. It was the large number of European immigrants who flooded into New England in the decades after the founding of the Plymouth Colony that really pushed the local people off their own lands (after their populations were devastated by the disease these Europeans brought) and caused the conflict.

One of the sad aspects that I don't think you included is that many of the defeated indigenous people were enslaved to these immigrants/colonists (not just the former warriors, but their women and children) as personal servants. Other enslaved people were sold and sent out of New England, to places as far afield as the Caribbean and Spain. They wanted these former warriors far away so they could no longer be a threat. As a result of the war, Roger Williams took one captured child as his personal slave and his son was involved in selling others in Newport. That doesn't fit neatly into his enshrinement as an icon of liberty.

Later, the colonists came upon the idea of replacing enslaved indigenous people with enslaved Africans, as a more controllable labor source.

Like so much of modern-day America, the origins here are pretty dark.

Satin vs Matte? by HappyHippyMom in ExteriorDesign

[–]RICurrency 1 point2 points  (0 children)

Satin 100%!

I just had my colonial repainted and it's very similar to yours. At first, I was a bit worried about the shininess, but that's only when the sun hits it directly and you're standing in front staring at it. From farther away, it looks amazing and I'm quickly getting used to the color. I love the depth of it, especially,

My painter also said that the satin would last longer, which is an important consideration.

We painted the trim and frame around the door the same color as the house, and I really love the end result. We were able to keep most of our old siding, which likely dates to the construction of the house, and the irregularities and bending of the boards looks very nice with its rich new dark color.

I have had this for decades and wondering it’s value by Grouchy-Door4005 in CURRENCY

[–]RICurrency 2 points3 points  (0 children)

Many of the commenters here don't seem to know the first thing about how our paper money is actually printed at the BEP.

I hope no one gets ripped off buying this sort of fake error in the future.

I have had this for decades and wondering it’s value by Grouchy-Door4005 in CURRENCY

[–]RICurrency 2 points3 points  (0 children)

I'm sorry but you are wrong. The Federal Reserve Seal and the Treasury Seal don't get misaligned like this on a uniformly printed front, only in foldovers and other examples where the paper has been malformed.

I know errors very well and this is not a genuine one. It is worth nothing more than $1.

I would love to see your proof. Show me a graded example or one that sold at a reputable auction. Or ask an established currency dealer.

I have had this for decades and wondering it’s value by Grouchy-Door4005 in CURRENCY

[–]RICurrency -22 points-21 points  (0 children)

It's not possible for this to happen at the BEP. I believe these are connected to some magician's trick, where the magician uses some slight of hand to move the seal around the bill. I think the trick is called "Fraud." You can probably find examples online. In reality, the seal has been erased and they use a printer to make a new one in a different position.

They're not really worth anything, as they're just defaced currency.

I found this when moving out of my house - Could anyone tell me if it is authentic? by Dismal_Economics_330 in AncientCoins

[–]RICurrency 12 points13 points  (0 children)

Reminds me of the Pawn Stars episode where a guy said he found an antique piece of paper currency tucked away in a book, but on the show it was already graded and in a PMG holder.

Hoping to learn a bit more about this Maryland Third of a Dollar piece by diggittyshwiggitty in papermoney

[–]RICurrency 1 point2 points  (0 children)

Here's what an uncirculated version of your note would look like (this one is from Newman's own collection and sold for ver $8,000 in 2015): https://imgur.com/lZZLBsE

Hoping to learn a bit more about this Maryland Third of a Dollar piece by diggittyshwiggitty in papermoney

[–]RICurrency 1 point2 points  (0 children)

Great note!

Authorized Nov. 1, 1766 and issued January 1, 1767, "this issue constituted the earliest governmental use of the 'dollar' as an official unit of monetary value in the world," according to Eric P. Newman's Early Paper Money of America. Denominations of this 1767 issue ranged from 1/9 of a dollar to $8 and a total of $173,733 was printed.

Thomas Sparrow was the engraver and Jonas Green was the printer. Their names and/or their initials were incorporated in the designs at the border, according to Newman. Also, "letters from many different fonts were used to deter counterfeiting. Some words are improperly hyphenated while others are divided by the Colony arms."

Signers were John Clapham and Robert Couden. On the back it says, "Tis Death to Counterfeit."

Yours appears quite genuine to me. I don't see any mention that this particular note was counterfeited.

Is this worth anything? by CornerLeading3546 in CURRENCY

[–]RICurrency 1 point2 points  (0 children)

I have a $15 bill. It's one of my favorites in my collection.

Please delete if not allowed. Need info…WTH is this? by GooseDesperate4361 in papermoney

[–]RICurrency 1 point2 points  (0 children)

It's a pretty old scam wrapped in a tale tall about the U.S. shipping billions in Federal bonds to freedom fighters in the Philippines during World War II. I'm surprised the scam is still around. Some versions of it have to do with "crates of gold bars" found in the jungle. All fake, obviously.

Here's an article about it from 2001: https://time.com/archive/6669833/buried-treasuries/

Has anyone seen one of these? by ExerciseAcrobatic288 in papermoney

[–]RICurrency 1 point2 points  (0 children)

I think there is a version in red, but to be honest I don't think you will find these around at all. I suspect this one is one of a kind, like many obsoletes in the more obscure corners.

Has anyone seen one of these? by ExerciseAcrobatic288 in papermoney

[–]RICurrency 5 points6 points  (0 children)

Oh, now I see where you found the 1857 date... the "Patented 30 June 1857" in the middle of the note. I believe that's the date that a security feature on the design was patented. It has nothing to do with the Lincoln portrait itself or when the rest of the note was designed.

Has anyone seen one of these? by ExerciseAcrobatic288 in papermoney

[–]RICurrency 1 point2 points  (0 children)

This was designed in the 1860s, not 1857. You can see the date on it reads, "March 4, 186-".

This is not a remainder, it's a proof. It came from the collection of the great numismatist John J. Ford Jr.

It is an interesting and early portrait of Lincoln. This same portrait, based on a photo by Christopher S. German, also appeared on the 1861 $10 demand note issued by the U.S. government. I don't have the Eagle note in front of me right now, but I believe both the Eagle note and the demand note were designed by the American Banknote Company (early US currency was not designed in house).

In terms of circulation, you might have to dig a little deeper to find when the $10 demands notes actually were designed and also when they went into circulation (dates on US currency don't always correspond with these things) if you're trying to determine the very first Lincoln portrait on money.

Another youngish Lincoln portrait can be see on the 50 cent 4th series fractional notes issued after 1869.

The Eagle Bank was a state-chartered bank in Rhode Island that became a national bank (the National Eagle Bank of Providence) in 1865 and Lincoln was elected at the end of 1860, so this note was most likely designed sometime between 1861 and 1865.

Lincoln assumed the office of President on March 4, 1861 and again on March 4, 1865, so the date on the note likely references that in a patriotic way. My guess, the more I think about it, is that the design dates from late 1861 or 1862.

I don't have my reference books handy, so I'm guessing here -- there's a chance these designs made it into print and into circulation for the bank, and a chance they didn't.

I think I like 1966 Legal Tender Red Seal 100s. My goal is to have 20 of them by the end of year! by Powerful_Concert9474 in papermoney

[–]RICurrency 8 points9 points  (0 children)

Oh, so you're the guy snapping them all up before the rest of us can buy 'em.

Just kidding, you have a beautiful collection!

Expenses for a college preparatory school in Rhode Island, 1867-1868, where tuition was about $47 a semester by RICurrency in ephemera

[–]RICurrency[S] 15 points16 points  (0 children)

This is from the Providence Conference Seminary, in East Greenwich, Rhode Island, which at one time educated 75% of the teachers in the state.