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Commemoratives, Public and Private
The threads here about "100 Famous Rulers" and the query about putting
Ray Kroc on a coin raise a couple of issues. (And there is an open question at the end of this jeremiad.) To lay some foundation, let me digress. One problem with public institutions is that everyon has a right to control them. The fights (there is no other word for it) for control of the public schools is an undeniable case: sex education, evolution, job training, the importance of sports and orchestra and art, and many other hot headlines. Everyone wants the schools to teach their values to the exclusion of other ethics. One reason that librarians can be hard to approach when you want to donate Red Books or Breen is that people come to them all the time wanting the library to shelve their idea of important books. So, too, do the Mint and BEP get attention. The BEP can do a lot with postage stamps. I have a sheet of Ayn Rands. My wife has a sheet of Alfred Hitchcocks. The paper money of the Treasury is less open to constant change (gratefully), though now there is talk of Commemorative Paper Money. Mint commemoratives start in Congress and we all know what that involves. Some people get honored; others do not. We have Huguenauts but not Hungarians. Preparing to run a seminar called "Capitalism for Kids" I have been reading about Robert Morris and J. P. Morgan. Forbes Magazine calls them heroes. Libertarians left and right have other views. If you think that putting Ray Kroc on a federal coin would be a stretch, imagine the outcry against a series of "Famous Capitalists." One solution for me has been to keep an eye out for private medals. The Franklin Mint created a series with Morgan, Rockefeller, and other others. (I gave my wife a Franklin Mint J. P. Morgan bronze medal -- $3 at an MSNS bourse.) Silver art bars also carry these famous people. And you can always make your own. The wider picture here is that as numismatists, we tend to look to government issues as being the officially collectible moneys and we tend to delegate all others to a second tier. Those lower levels include scriphophilly -- stocks, bonds, checks, warrants, etc. -- as well as Hard Times Tokens, Civil War store cards, coal mine tokens, and so on. Numismatics is the art and science that studies the forms and uses of money. All money forms and all uses of them are valid. We get stuck on one small part of it. Reading about J. P. Morgan, large corporations of his time issued GOLD BACKED BONDS. Think of that. How many articles have you read about Education Notes and Fractional Currency compared to what you have read about commercial paper? Numismatics delivers "history you can hold in your hand." It would seem to me that all of it is valid for study. So, I have accumulated many examples of so-called "exonumia." Among these is an unused booklet of McDonald's Halloween Coupons from 1999. How about you? As a collector of numismatics, does your inventory extend beyond 19th and 20th century US Type? Michael "inquiring minds want to know" |
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