What could your favorite coin buy the year it was struck?

Discussion in 'Coin Chat' started by mcz0804a, May 8, 2018.

  1. mcz0804a

    mcz0804a Member

    One of my threads in the US Coins board was about this humble little coin, a 1903 Indian Head Cent.

    20180507_171205.jpg 20180507_171143.jpg

    @swish513 & @lordmarcovan made these points:

    Which made me think, what has this coin seen? What could it have bought? Who could have possessed it? Well here's some answers:

    Major Events of 1903:

    ~This IHC could have sat in Morris or Rose Mitchom's pocket as they released the worlds first Teddy Bear.

    ~A Service Member could have had this coin in Cuba when they leased Gitmo to the US.

    ~It could have been given as change at the first Stock Car Race at the Milwaukee Mile.

    ~It could have been in the till at the Huntington Avenue Baseball Grounds when Boston beat Pittsburgh in the first World Series.

    ~Wilbur Wright could have been fidgeting with this coin as his brother piloted the first heavier-than-air flight.

    An IHC could have bought:

    ~1 piece of candy
    ~1 egg

    These people could have owned this coin:

    ~George Orwell
    ~Lou Gerhig
    ~Bob Hope
    ~Eliot Ness



    I know these are all very romantic notions. But fun nonetheless.

    So, what could be the history of your favorite circulated coin?
     
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  3. paddyman98

    paddyman98 No Common Cents! Supporter

    Your thread title might get edited by the Moderators o_O
    Just letting you know so you can change it now ;)
     
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  4. mcz0804a

    mcz0804a Member

    Hmmm, why would that be? Curious as I'm new. (FYI, I'll change it)
     
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  5. paddyman98

    paddyman98 No Common Cents! Supporter

    Forum rules :wacky:

    Quote -
    rules.JPG
    Closed quote
    Peace :angelic:
     
  6. mcz0804a

    mcz0804a Member

    @paddyman98 Ok I wasnt using them to the intent suggested, but I'll just play it safe and avoid them in the future.
     
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  7. paddyman98

    paddyman98 No Common Cents! Supporter

    Cool
    Have you tried the Crown Royal Apple Flavored?
     
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  8. mcz0804a

    mcz0804a Member

    @paddyman98

    AMAZING!!! I'm interested in trying the Vanilla next.

    Funny enough, the pic is how I inherited my coin collection.
     
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  9. paddyman98

    paddyman98 No Common Cents! Supporter

    Yes.. me too!
    I have a story which is hard to believe... I work at an all commercial building in NYC where each floor is a different company. The 7th floor called Design Bridge is a label and packaging design company. They design all the new labels for Absolut Vodka, and Crown Royal that are used all over the world! :woot:
     
  10. lordmarcovan

    lordmarcovan Eclectic & odd Moderator

    @mcz0804a - obviously you "get it" when it comes to the primary appeal of numismatics.

    What could my favorite coin buy?

    This coin (not circulated, but rather an amazing Mint State survivor from a hoard) was struck by King Perseus of Macedon to hire mercenaries during the Third Macedonian War. It imitated the design of the coins of their homeland. Things didn't didn't work out for poor Perseus - the Romans were ascendant and he lost his war against them - but that lost war created some lovely coins like this miniature masterpiece.

    This is one of my favorites. It has seen 22 centuries of history, some of which sounds like the plot of a Hollywood blockbuster.

    Ancient Greece (Kingdom of Macedon), silver "Mercenaries" drachm of King Perseus, ca. 175-170 BC

    [​IMG]

    [​IMG]

    Obverse: head of Helios, three-quarter facing right.
    Reverse: rose, bud right.

    2.54 g. NGC Choice Mint State (Strike 5/5, Surface 5/5), cert. #4166130-001. Ex-Colosseo Collection, March, 2014. Prior provenance to Harlan J. Berk, Ltd., Buy or Bid Sale #186, Lot 90, with description "Ex-Philip Davis Collection. Some iridescent toning. Choice Mint State."

    A brief bit of history: "Although the attribution of this issue has been debated, it seems likely that it was struck by Perseus to pay Cretan mercenaries, who would have been familiar with Rhodian issues, in the Third Macedonian War against the Romans (see R. Ashton, NC 1988, pp. 29-30)."

    Miscellaneous links:
    NGC cert verification page
    Previous auction listing (Harlan J. Berk, Ltd., Buy or Bid Sale #186, 08/21/2013, Lot 90)
    Coins of Thessaly (Wildwinds reference)
    The Colosseo Collection (from which this piece was acquired)
    Prior discussion about this coin (Collectors Universe, 03/2014)

    Wikipedia links:
    Perseus of Macedon
    Greek drachma (ancient)
    Third Macedonian War
    Helios
    Rhodes
     
  11. mcz0804a

    mcz0804a Member

    WOW!!! That's all I can say. Simply amazing.
     
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  12. lordmarcovan

    lordmarcovan Eclectic & odd Moderator

    Click the "Eclectic Box" link in my signature line to see more. Also click the giveaway link under my signature banner. It just so happens I am giving away a 2nd century BC Greek (Seleucid) coin this month, among other things. The giveaway coin isn't a pricey Mint State example, but it's still seen just as much history as the coin I just posted.
     
  13. mcz0804a

    mcz0804a Member

    @lordmarcovan I saw the contest and am trying to decide on a quality reply to enter.

    That collection should be labeled an Art Gallery. Beautiful!
     
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  14. JPeace$

    JPeace$ Coinaholic

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  15. Sallent

    Sallent Supporter! Supporter

    This puppy could buy you someone's unskilled labor for about a month back in 300 BCE in Babylon.

    Alexander III Tetradrachm (1).jpg
     
  16. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    The favorite coin that I own would be a 1911 St Gaudens double eagle. The year 1911 was the inaugural year for the greatest spectacle in racing, the Indy 500 which was won by Ray Harroun in his Marmon Wasp..... That double eagle would have purchased somewhere in the neighborhood of 600 gallons of gas. Probably enough to keep Ray's tank filled to win the event and have enough left over to drive home.

    XJOXD9VS.jpg
     
    Last edited: May 10, 2018
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  17. okbustchaser

    okbustchaser Just plain busted

    And at around 1500 bucks for one now it still would today. (admittedly, not racing fuel)


    Who says coins are a great hedge against inflation?:confused:
     
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  18. PlanoSteve

    PlanoSteve Well-Known Member

    Well, I have a ton of coins which I am certain have passed through the hands of @furryfrog02! :p:p:p
     
  19. -jeffB

    -jeffB Greshams LEO Supporter

    The cheapest historical price I've seen for gas is 17 cents a gallon, in 1931. In 1911, it was just shifting from being a waste product of kerosene production to being a commercial product in its own right.

    On the other hand, 35 double eagles would've bought you a 1911 Model T; four more would've made it "fully equipped". The brand-new Prius I bought last year cost considerably less than 20. :)
     
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  20. furryfrog02

    furryfrog02 Well-Known Member

    Sorry for the fingerprints ;) lol
     
  21. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I am a lifetime lover of the Indy 500. This month is a rising crescendo of excitement for me leading up to the Memorial Day race. I was doing some web surfing on some historical Indy stuff and saw a small article where travelers in Indianapolis were paying 3.2 cents for a gallon of gas in 1911 and it brought this thread to mind..... The accuracy of the little web piece I sure cannot speak for...... I can say that I pumped 27 cent gas as a youngster..... My how times have changed.
     
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