1955 Double Shift

October  2007

"Budget History in My Hand"

President's Column
by
Richard Laster

1955 Double Shift

 

Budget History in My Hand

 

                        It is always gratifying to know when something comes your way which is a real bargain.  I have one such experience I will speak of briefly.  It must be something of worth because one of our more astute and truly knowledgeable collector members offered me “hundreds” of times what I paid for my piece.  Now before you get excited for me (or envious) let me explain.

                        Back a couple or three weeks ago my wife was doing the shopping thing.  We were together at a local shopping area within walking distance of a coin shop.  Instead of sitting around waiting for Susan to be ready to move on I chose to go to the shop, with instructions to Susan than I would head back to whichever store she was at the time she was ready to go.  A simple plan this was.

                        Unfortunately the numismatic areas I usually consider took little time to run through.  I found nothing to speak of.  It was my dilemma, either I found something to look at in the shop, or I find a comfortable chair by the lady’s department.  Fortunately there were a few other boxes of material to dig trough.  I spent some time in the limited notebook of world coins, but found nothing.  I replayed the store’s supply of paper money.  Just about the time I decided to head back to find my wife I glanced at a huge box of foreign (sorry p.c. folks – should be “Non-U.S.”) coins.  The coins were only a dime each; I couldn’t go wrong investing a few minutes in this assortment..

                        My finds were fairly significant at first.  I picked out a couple of current Canadian Quarter Dollars.   Now that these are just about par with U.S. Dollars seemed like a dime was a good investment.  I also picked out a whole variety of pieces to use as handouts during our Children’s sermon time.  There are more usages for coins than simply in the “classroom.”  I have a couple of things I do with the kids at church which help them acquire an appreciation of the diversity of God’s peace, as well as introduce them to the world of coin collecting. 

                        I found one really worn item (remember we’re talking ten cents each) which I knew to be a half penny. (Yes we can use “penny” here because it was British)   The coin carried a faint but distinctive bust of George I.  The other item, which was somewhat like it, was a little clearer, but not much.  It had a few distinct marks and a full date of 1787.  After toying with it a while I figured it wasn’t a British half penny, even though there was quite a resemblance between the two.  So what was it?  It was at least a dime’s worth of curiosity.

                        My return home gave me cause to look in more detail at the new acquisition.  I pulled out the good ole’ Guide Book of United States Coins (2007) and found my coin on page 60.  To save you some time we are talking a very well worn, but still original, Post-Colonial, Connecticut piece with a full 1787 date.  My unexpected opportunity bore more fruit than I at first realized.

                        Obviously our good friend who offered me “hundreds of times” over what I paid for the coin (remember I paid a dime for it) was making a genuine and honest offer on a worn item whose value isn’t great, as far as money is concerned.  His offer was tempting.  In reality, the coin is worth maybe half a tank of gas, monetarily speaking.  At is at the moment worth more to me as an item of history and even more as a sign of what others have said for years; if “one looks long enough there are treasurers to be found.  I’m bringing mine to the club meeting as a show and tell.  I hope you’ll do the same with your unexpected treasurers.. 

 

Regards and God Bless,

 

Richard