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The E-Sylum: Volume 23, Number 20, May 17, 2020, Article 32

WAYNE'S NUMISMATIC DIARY MAY 17, 2020

Without coin shows or club meetings to go to, my Numismatic Diary has been set aside for a while. One highlight is always the meeting of my northern Virginia numismatic social group, Nummis Nova. The dinners are always great fun and feature the sharing of interesting numismatic items from our members' collections. My diaries of the meetings include a number of images of the exhibited material.

This week I reached out to our members and they've shared some of their recent acquisitions and other great items virtually.

Early Odd Denomination Notes
Dave Schenkman acquired these two great scrip notes in a recent Heritage sale.

Indian Queen, Baltimore
1815 Indian Queen 12 1/2 Cent Scrip Note, Baltimore, MD

Farmers and Mechanics Bank-37.5
1816 Farmers and Mechanic Bank note, Fayette County, PA

Dave writes:

"The 1815 12 1/2 cent note from the Indian Queen Tavern in Baltimore is signed by the owner, John Gadsby, who also owned Gadsby's Tavern in Alexandria."

Gadsby's Tavern hosted events for George Washington and the building still stands. Nummis Nova has held a few of our dinner meetings there. Great numismatic connection. -Editor

Rare Mining Notes
Dave shared these two rare mining notes as well, also from the recent Heritage sale. The Cherokee Iron Co. was in Cedartown, GA., and Wilcox Mining Co. was in Emory Mines, TN.

Cherokee Iron Co 300-front

Wilcox Mining Co 5-back

Yankee Robinson Quadruple Show Counterstamp
Dave Schenkman also shared this counterstamp he picked up in the recent Holabird sale. Thanks!

Yankee Robinson Quadruple show

War of 1812 Congressional Medals
Chris Neuzil writes:

Alexander Macomb medal white metal obverse "I've been diving into die states of War of 1812 Congressional medals - originals and restrikes. Here's an example: the medal for Alexander Macomb for the Battle of Plattsburgh (NY) in white metal struck in the late 1820s for the War Department (a few years after his gold medal), and a bronzed copper restrike probably dating to the late 19th century.

"The early die state of the white metal example shows that the finish of the original medals was what we now call a cameo proof, with frosted relief and mirror-like fields. This finish is also seen on surviving gold medals and well-preserved silver medals awarded by the Navy. Note the struck-through stray fiber debris below and left of FURST (Moritz Furst, the engraver).

"The later die state shows rust pits on the uniform jacket and extensive lapping to remove rust from the field - the high part of the die. The lapping nearly removed FURST.F., effaced parts of the uniform lapel, and made a gap between the point of the bust and the rim. There's also a new divot in the die below the bust forming a surprisingly regular circular raised dot.

"This and other dies of the series were paid for by the War or Navy Department but remained at the Mint and through the 19th century many rusted or were damaged by mishandling there. For perspective, the dies were hand-engraved and cost in the neighborhood of $500 each when most were made between about 1815 and 1825, and a Bureau of Labor Statistics inflater equates that to about $11,000 in 2020. But $500 was a livable annual income in 1820 so the real cost was arguably much more in today's dollars."

Alexander Macomb medal white metal obverse detail Alexander Macomb medal bronzed copper restrike obverse detail

Robert Hoppensteadt writes:

"Those notes and the medals are very cool. I haven't been able to win anything new - a well known whale has been active and driven prices past my interest level."

Thanks, everyone. 'Til we meet again.... -Editor

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Wayne Homren, Editor

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