The|Coinologist.

Always Buying Coins, Currency, and Cool Stuff.

Archive for February 2011

B.E.P.|Monthly Production Reports-Eastern & Western Facilities January 2011

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As I have posted before, I subscribe to the Bureau of Engraving and Printing (B.E.P.) email list.  I’m sure I was just not paying attention before, but the more I read these reports the more I like posting them.  Just so you don’t have to do the math, we printed $2,777,600,000.00 at the Eastern Facility and $1,568,640,000 at the Western Facility for a grand total of $4,346,240,000.  Keep in mind I have added the total dollar amount for you, and this is just the month of January.  The figures on the report are the number of notes printed.  A figure we don’t have is how much paper currency has been taken out of circulation for being torn and tattered last month.  I will look into that one!   These figures are staggering, and like I said before, ” It is just really amazing that they print so much cash!”

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Written by Robert L. Wilson

February 22, 2011 at 8:08 am

Presidents Day

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The 1945 version of the Seal of the President of the United States, with 48 stars. This is the attachment to President Truman’s Executive Order 9646, which defined the seal.  As the United States changed so did the seal.  Executive Order 9646 was superseded by Executive Order 10823. With so many coins that bear the portraits of our Presidents and its Seal, I find it important to honor this day and the men that have served our country in this capacity.  Happy Presidents Day!

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Written by Robert L. Wilson

February 21, 2011 at 2:02 am

2011 Kennedy Half-Dollars

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I love coins and I don’t like that they are becoming so cumbersome in everyday commerce.  So lets talk about the half-dollar.  Once a staple in any transaction, now just a collector piece?  For better or for worse, I have to agree with the mint’s words “No collection is complete without this classic, beautifully designed coin! The half-dollar’s obverse displays a bold portrait of President John Fitzgerald Kennedy. The coin’s reverse showcases a patriotic image of a heraldic eagle, a design based on the presidential seal. The bag contains 200 circulating-quality coins, 100 from the United States Mint at Philadelphia and 100 from the United States Mint at Denver. The two-roll set contains 20 circulating-quality coins from each of these facilities.”  Pick yours up today at the U.S. Mint.

Written by Robert L. Wilson

February 19, 2011 at 8:08 am

BMW ART CARS

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The BMW ART CARS have always been a fascination of mine.  I can remember seeing them as a young lad and wondering what had someone done to these cars.  Now that I am older and wiser I can see the beauty, the history, and the statement these cars make.  Seventeen cars in total, the vision a French race car driver had in 1975 would become an iconic run of masterpieces.  BMWdrives is a great site to visit and view all the ART CARS, and to find out anything and everything there is to know about BMW.

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Written by Robert L. Wilson

February 18, 2011 at 2:18 am

Safe Find|Antique Victor Safe

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Here is a nice antique Victor Safe that has some great detail on it.  Once again from Cincinnati, O.  This Victor Safe & Lock Co. product has had 11 patents painted on the inside of the door.  Owner claims that this is the original paint and decoration.  The dimensions are 32″ X 20″ X 20″ and is very heavy.

Written by Robert L. Wilson

February 17, 2011 at 2:18 pm

February 17, 1972 Beetle Outruns Model T

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This was a monumental day in 1972.  I was about to turn three years old, and the classic Model T was outrun in terms of production by the Volkswagen Beetle.  To this day it is the worldwide longest-running and most-manufactured automobile of a single design platform.  The color of that record-breaking car was a special one, called Marathon Blue.  Volkswagen celebrated this milestone by producing a number of special edition cars for the world market.  Volkswagen donated the 15-millionth Volkswagen Beetle manufactured, bearing serial number 1,122,500,715 to the Smithsonian Institution.

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Written by Robert L. Wilson

February 17, 2011 at 8:08 am

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Gold Coins of Ancient China

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The word China will make anyone in the coin business nervous these days, rightfully so of course.  There have been many counterfeit coins coming out of China, from raw to certified, yes I said certified.  This is a bad thing and I dislike it just as much as the rest of you.  I have a good friend who was transferred to China, and I have had the opportunity to visit him on two occasions.  What I would like to share with you are some gold coins that I came across at the Chinese History Museum in Xi’an, China.  The thing about China, is the word history has to be thought of a little differently than in our country.  I viewed many artifacts that were 5000 years old.  So let’s get back to the coins, the first photo’s are of gold discs that are around 2,200 years old, and the second set are a little newer at around 1200 years old.  It goes to show how important gold has been in commerce throughout the ages, and why the gold standard might once again be in our future.

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Written by Robert L. Wilson

February 16, 2011 at 8:08 am

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