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<p>[QUOTE="kaparthy, post: 2521727, member: 57463"]See my reply to Jwt708. I understand numismatics as a branch of history - numismatics is the art and science that studies the forms and uses of money - and military orders and decorations fall within that scope because they have the form of money (round metal objects). Also, it is most likely that c<b>oins were invented as bonus payments to mercenaries.</b> So, there is a lot of overlap. </p><p><br /></p><p>But I have little regard for "coin collectors" who care only about strike and luster and if they can get a crossover and upgrade. They show you an 1850-O Seated Liberty Quarter and you say, "Wow... to think what the Compromise of 1850 cost <b><a href="https://www.galtsgulchonline.com/posts/a40c1d/thomas-hart-benton-the-senator-who-fell-from-grace-with-the-south" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.galtsgulchonline.com/posts/a40c1d/thomas-hart-benton-the-senator-who-fell-from-grace-with-the-south" rel="nofollow">Thomas Hart Benton</a></b>." And it is not that they do not know, but that they do not care...</p><p><br /></p><p>So, too, with Challenge Coins. Friday, a young captain was telling me about how he made his men sign their names on their bodies bags. I say "young" because I am old. I have challenge coins that were awarded to me. I would never, ever have one from his company because I did not earn it.</p><p><br /></p><p><br /></p><p><br /></p><p>Yeah, everyone appreciates getting something for nothing. When I auction off books at my local coin club, I say I ask anything at all for them just because we do not appreciate what we do not pay for. One of my buddies laughs and says, "I would!" and I laugh with him -- but I know that he would just sell the books on eBay... If I wanted to do that, I would. I want true numismatists to have them, so I set a lower limit on the marginal utility. With Challenge Coins, the lower limit is a bit more well defined:<b> Are you willing to put yourself on the line?</b>[/QUOTE]</p><p><br /></p>
[QUOTE="kaparthy, post: 2521727, member: 57463"]See my reply to Jwt708. I understand numismatics as a branch of history - numismatics is the art and science that studies the forms and uses of money - and military orders and decorations fall within that scope because they have the form of money (round metal objects). Also, it is most likely that c[B]oins were invented as bonus payments to mercenaries.[/B] So, there is a lot of overlap. But I have little regard for "coin collectors" who care only about strike and luster and if they can get a crossover and upgrade. They show you an 1850-O Seated Liberty Quarter and you say, "Wow... to think what the Compromise of 1850 cost [B][URL='https://www.galtsgulchonline.com/posts/a40c1d/thomas-hart-benton-the-senator-who-fell-from-grace-with-the-south']Thomas Hart Benton[/URL][/B]." And it is not that they do not know, but that they do not care... So, too, with Challenge Coins. Friday, a young captain was telling me about how he made his men sign their names on their bodies bags. I say "young" because I am old. I have challenge coins that were awarded to me. I would never, ever have one from his company because I did not earn it. Yeah, everyone appreciates getting something for nothing. When I auction off books at my local coin club, I say I ask anything at all for them just because we do not appreciate what we do not pay for. One of my buddies laughs and says, "I would!" and I laugh with him -- but I know that he would just sell the books on eBay... If I wanted to do that, I would. I want true numismatists to have them, so I set a lower limit on the marginal utility. With Challenge Coins, the lower limit is a bit more well defined:[B] Are you willing to put yourself on the line?[/B][/QUOTE]
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