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akdrv

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  1. any particulate reason for that "50" with two different height characters. while all other denominations have equeally height numberS?

     

    The font used for numbers has a low hanging "5" which is taller than the other digits. The same "5" is also used in the Doo note.

  2. I just noticed my sent messages are not saving. So I looked into it and there is a chack box that I should have been checking... anyways, I looked for a setting to always check this and could not find one. Is there such an option? or do I just need to remember to check the box?

     

    -Bobby

     

    I can't find a place to save this preference permanently. I'll forward your request to the software makers.

  3. U. S. Coinage for the Philippines

    invdot.gif“Remember the Maine” was the rallying cry which led the United States into the Spanish-American War of 1898. Although later investigations suggested that the explosion which sank the battleship U.S.S. Maine at Havana, Cuba was probably caused by the spontaneous combustion of coal dust rather than a Spanish saboteur, Americans of that time were itching for a fight. Cuba was the last of Spain’s New World colonies, and the Cubans had been fighting for their independence since 1895. Spanish atrocities against the rebels enraged American opinion makers, and the intervention of the United States into this struggle was probably inevitable; the Maine catastrophe only hastened it.

     

    invdot.gifBacked into a corner by the Americans’ demand for complete withdrawal, Spain somewhat reluctantly declared war on the United States on April 24, 1898. Exactly one week later, on May 1, Commodore George E. Dewey and his ships confronted the Spanish fleet within Manila Bay, Philippine Islands, another of Spain’s few remaining outposts. His nearly total destruction of the Spanish fleet was performed without the loss of a single American life, and U. S. Army troops soon went ashore to occupy the islands. After similar though more costly American victories in Cuba, Spain ultimately sued for peace. A formal treaty was signed late in 1898 which granted independence to Cuba and ceded Puerto Rico, Guam and The Philippines to the United States. A protracted guerilla war then followed between American troops and the Filipinos, who had already proclaimed the islands an independent republic. This rebellion all but ended with the capture of Filipino leader Emilio Aguinaldo in 1901.

     

    invdot.gifThe establishment of civilian authority under sovereignty of the United States required, among other things, a workable coinage system. The few Spanish coins which remained in circulation were worn and did not convert well into the regular U. S. coinage introduced in 1898. The U. S. coins were themselves valued too highly for the poor economy of The Philippines. A solution was found with the introduction of a hybrid coinage in 1903. These pieces were denominated in pesos and centavos, like the Spanish coins, but they were made to standards which were either identical to those of United States coins or very similar to them. The silver pieces were in fact coined to the very same standards, yet the silver dollar-sized peso, legally convertible to U. S. gold and silver coinage, was valued at only 50 cents American.

     

    invdot.gifAll of these coins bore a single reverse design, the federal shield surmounted by an American eagle clutching an olive branch in its right claw and a bundle of arrows in its left. Around this appeared the legend UNITED STATES OF AMERICA and the date of coinage. The obverse of the minor coins (the half centavo and one centavo, both coined in bronze, and the copper-nickel five centavos) featured the semi-nude figure of an adolescent native, seated at an anvil and holding a hammer in his right hand. In the distance is seen the smoking volcano of Mt. Mayon, located on the main island of Luzon. The statement of value appears above him in English, while the name of the archipelago is written below in Spanish as FILIPINAS. This employment of Spanish is curious, given the islands’ recent history, yet it remained for some years afterward the principal language of the educated class. For the silver coins (ten, twenty and fifty centavos, plus the one-peso piece), the standing figure of an adolescent female was utilized. She is clad in a long, flowing gown and holds in her right hand a hammer resting atop an anvil, as seen on the minor coins. Behind her is again Mt. Mayon, an almost perfectly conical volcanic mountain northeast of the capital city of Manila. These designs are credited to Filipino sculptor Melecio Figueroa, who lived just long enough to see his coins enter circulation.

     

    invdot.gifCoinage began in 1903 at the Philadelphia and San Francisco Mints; the former carry no mintmark, but pieces coined at San Francisco bear a tiny letter S which appears beneath the dot at the lower-left of the reverse. These coins were successful from the outset, the sole exception being the half centavo. For reasons which remain unclear, it was rejected by the public, and its coinage for circulation ceased after 1904. As with the other denominations, proofs were struck 1903-06 and again in 1908. Unlike the others, however, the half centavo was discontinued altogether after 1908 and all remaining pieces were melted.

     

    invdot.gifWhat seemed to be a success story turned into a nightmare beginning in 1905. The standards for the four silver coins had been established during a historic lowpoint in the price of silver, and its value was now rising. By the end of that year, the bullion value of the USA/Philippines silver coinage exceeded their face value, and these pieces rapidly disappeared to be either hoarded or melted. Only pesos were coined for circulation during 1906, and nearly all of these were subsequently melted, creating the rarest collectible coin in the series. All of the silver coins were reduced in both size and fineness beginning in 1907; they were coined at these lowered standards through 1945, all the while remaining convertible to regular coins of the USA at the rate of two-for-one.

     

    invdot.gifA new branch of the U. S. Mint was opened at Manila in July of 1920. With the exception of the years 1944-45, all of the remaining USA/Philippines coins were struck at the Manila Mint. Beginning in 1925, these carry an M mintmark; this is located in the same position as before.

     

    invdot.gifThe reduction in the size of the silver twenty-centavo piece (this odd denomination was a concession to the old Spanish system) which resulted from the new standards adopted in 1907 left it about the same size as the copper-nickel five-centavo coin. With similar reverse designs, the mistaking of one for the other was inevitable, and this caused periodic losses to the those who didn’t examine their coins carefully. (In two separate instances, the die for one denomination was actually used to coin the other!) The solution was to reduce the diameter of the five-centavo piece, beginning in 1930.

     

    invdot.gifThe transition from protectorate to commonwealth, which occurred November 15, 1935, was commemorated on a set of three coins dated 1936-M. The fifty-centavo piece shows facing portraits of outgoing Governor-General Frank Murphy and incoming President Manuel Quezon. They are portrayed again on one of the peso coins, this time in profile, their busts overlapping. This same configuration is used for the other one-peso commemorative, but on its obverse the subjects are President Quezon and President of the United States Franklin D. Roosevelt. This is a very rare instance of a living U. S. president appearing on a United States coin. The common reverse for all three coins depicted the arms of The Commonwealth of The Philippines. Featuring elements symbolic of Spain, The USA and the islands themselves, it was adopted as the common reverse for all regular-issue coins beginning in 1937.

     

    invdot.gifDuring the opening months of the Pacific War, The Philippines was overrun by Japanese Army units in a series of painful and costly withdrawls by the combined American and Filipino forces. To prevent their capture, more than 15 million pesos in silver coins were removed from the Treasury at Manila, hastily boxed, then dumped into Caballo Bay, an inlet of the greater Manila Bay. Learning this, the Japanese captors used forced labor to retrieve a small portion, but the bulk of the silver was raised after the war by U. S. Navy divers and contractors.

     

    invdot.gifDuring the war years, the Manila Mint was not operational, and no coins circulated in The Philippines. When the Americans retook these islands from Japan beginning in October, 1944, they carried with them new coinage of the USA/Philippines series. These were coined at the Philadelphia, San Francisco and Denver Mints (the latter bore a D mintmark). The minor pieces were of slightly different standards, a concession to the shortage of certain metals during the war years. These coins quickly replaced the Japanese “funny-money” scrip and Filipino/American guerrilla notes then in use, and they remained a legal tender for many years after the islands became the independent Republic of The Philippines, July 4, 1946.

     

    SPECIFICATIONS:

     

    HALF CENTAVO

    Diameter: 17.8 millimeters

    Weight: 30 grains

    Composition: .950 copper, .050 tin & zinc

    Edge: Plain

     

    ONE CENTAVO (1903-41)

    Diameter: 24 millimeters

    Weight: 40 grains

    Composition: .950 copper, .050 tin & zinc (1903-41)

    .950 copper, .050 zinc (1944)

    Edge: Plain

     

    FIVE CENTAVOS (1903-28)

    Diameter: 21.2 millimeters

    Weight: 77.16 grains

    Composition: .750 copper, .250 nickel

    Edge: Plain

     

    FIVE CENTAVOS (1930-45)

    Diameter: 19 millimeters

    Weight: 75.16 grains

    Composition: .750 copper, .250 nickel (1903-41)

    .650 copper, .120 nickel, .230 zinc

    Edge: Plain (1944-45)

     

     

    History provided with the permission of NGC (Numismatic Guaranty Corporation) from their Photo-Proof series.

  4. Hawaii’s Coinage 1847-1883

    invdot.gif America’s 50th state since 1959, Hawaii’s motto is Ua Mau Ke Ea O Ka Aina I Ka Pono (The Life of the Land is Perpetuated in Righteousness). This group of Pacific islands became known to the Western world when discovered by Captain James Cook of Great Britain in 1778. The individual island states were then united in 1810 by the powerful King Kamehameha I. As American missionaries and planters began arriving in Hawaii during the 1820s, a gradual decline in the natives’ power and independence developed. By 1893, the Yankees exerted enough influence to expel the old monarchy and establish the Republic of Hawaii. The islands were annexed by the United States in 1898 and declared a U. S. territory two years later. In 1959, Hawaii finally achieved statehood, the only U. S. state not a part of the North American continent.

     

    invdot.gifThe creation of large plantations and the adoption of a Western style economy beginning about the 1820s created a demand for coined money. At first, this money consisted of coins carried in from a variety of countries having interests in the islands. This source proved unreliable, and coins were in chronically short supply. As dissatisfaction grew, King Kamehameha III (1825-54) set out to rectify this shortage by including a provision for a Hawaiian monetary system in his new legal code of 1846. This system provided for a unit known as the dala, which was based on the American dollar. The dala was divided into 100 keneta, or cents. Several denominations of fractional silver coins were included in this system, as well as a copper piece to be valued at one keneta.

     

    invdot.gifCoining of the silver pieces required a two-thirds approval by the Privy Council, and these issues were deferred while the monarchy addressed the more urgent demand for cents. The Minister of Finance was directed to have the latter coined as quickly as possible. Through Royal Agent James Jackson Jarvis, editor of the newspaper Polynesian, a contract was made with the private minting facility of H.M. & E.I. Richards of Attleboro, Massachusetts, familiar to American numismatists as a manufacturer of Hard Times tokens.

     

    invdot.gifAs prescribed by law, these copper pieces bore on their obverse a facing portrait of Kamehameha III with his name and title KA MOI (the King). Though coined in 1846, all examples were post-dated 1847 to coincide with their anticipated arrival in Hawaii. The reverse of each coin featured two laurel boughs tied at their juncture to form a wreath. Around this wreath was the legend AUPUNI HAWAII (Kingdom of Hawaii). Within it was supposed to appear the denomination HAPA HANELI (Money of 100), but Yankee diesinker Edward Hulseman had mis-spelled it as HAPA HANERI. Adding to this disappointment was the fact that the King’s portrait was essentially unrecognizable. Taken together, these flaws caused the natives to view this new money with disgust, and it was widely rejected. There were rumors that many workers threw the coins in the ocean rather than accept them as just payment for their labor.

     

    invdot.gifIt was originally anticipated that the 100,000 pieces included in this initial delivery were to be just the first of many, yet the overwhelming rejection of the copper coinage meant that no more would be struck. After 1862, the Hawaiian Treasury ceased disbursing the unwanted cents, and a mere 11,595 pieces remained outstanding at that time. Though these coins ceased to have legal tender status after 1884, examples were still seen in circulation for the simple reason that no other coins of such low value were readily available. Their use came to a complete end only when cents of the United States were imported at the turn of the century.

     

    invdot.gifScholar Walter Breen reported that two obverse dies and six reverse dies have been identified, one of the reverses being known only from trial strikings in pewter. He further added that a number of regular copper impressions remained with the descendants of the Richards firm. These were acquired by dealer Wayte Raymond before 1956 and probably account for most of the surviving Mint State examples.

     

    invdot.gifNo more coins were struck for the Kingdom of Hawaii until the 1880s. Under the farsighted rule of the cosmopolitan King Kalakaua (1874-91), who sought to bring the islands up to Western standards of development, representatives from various foreign mints were interviewed on the subject of a contract coinage. This move alarmed sugar magnate Claus Spreckels, whose influence in the islands made him a virtual second king. Certain that Hawaii was vital to the interests of both himself and the United States, he persuaded Kalakaua to have the desired silver coins struck by the USA to American standards. The latter provision was a key selling point, as the use of standard USA coin planchets lowered the cost of this coinage. For reasons not specified, the copper keneta was not included in this proposal, and only silver pieces were ordered to a total of one million dala.

     

    invdot.gifThe master hubs and dies for this coinage were prepared by the United States Mint’s Chief Engraver, Charles Barber. He worked from designs submitted by Spreckels and subsequently modified by Mint Director Horatio C. Burchard. Six proof sets were struck at the Philadelphia Mint in September of 1883, both to test the dies and to provide souvenirs for important figures associated with the occasion. Some 20 more sets were produced in 1884 from the same dies, and these were distributed to various Hawaiian dignitaries. None were offered to the public.

     

    invdot.gifThe circulating coinage of Kalakau was executed at the San Francisco Mint between November of 1883 and June of 1884, though all pieces bore the earlier date. The denominations struck corresponded to those provided for in the law of 1846, with one exception. The hapawalu, or eighth dollar, was excluded from regular production in favor of the umi (ten) keneta, or dime. This move facilitated the use of standard USA silver planchets. The eighth dollar, however, was included in the 20 proof sets struck at Philadelphia in 1884.

     

    invdot.gifThese silver coins were far more successful than their copper counterparts of an earlier generation, and they remained in circulation after the American annexation of Hawaii in 1898. They were gradually withdrawn thereafter and replaced with American coins of the regular types. Retired pieces were returned to the USA and melted. As a result, all denominations are fairly scarce in circulated grades and genuinely rare in Mint State. The sole exception is the hapaha, or quarter dollar. Several Uncirculated rolls turned up after World War II, and these coins are highly sought by collectors.

     

    SPECIFICATIONS:

    Keneta or cent 1847:

    Diameter: 27 millimeters

    Weight: approximately 9 grams

    Composition: copper

    Edge: plain

    Number coined: 100,000

    Net mintage after melting: 11,595+

     

    Umi keneta or dime 1883:

    Diameter: 17.9 millimeters

    Weight: 2.5 grams

    Composition: .900 silver, .100 copper

    Edge: reeded

    Number coined: 250,000 + 26 proofs

    Net mintage after melting: 249,921

     

    Hapawalu or eighth dollar 1883:

    Diameter: 20.6 millimeters

    Weight: 3.125 grams

    Composition: .900 silver, .100 copper

    Edge: reeded

    Number coined: 20 proofs

     

    Hapaha or quarter dollar 1883:

    Diameter: 24.3 millimeters

    Weight: 6.25 grams

    Composition: .900 silver, .100 copper

    Edge: reeded

    Number coined: 500,000 + 26 proofs

    Net mintage after melting: 242,600

     

    Hapalua or half dollar 1883:

    Diameter: 30.5 millimeters

    Weight: 12.5 grams

    Composition: .900 silver, .100 copper

    Edge: reeded

    Number coined: 700,000 + 26 proofs

    Net mintage after melting: 87,755

     

    Akahi dala or dollar 1883:

    Diameter: 38.1 millimeters

    Weight: 26.73 grams

    Composition: .900 silver, .100 copper

    Edge: reeded

    Number coined: 500,000 + 26 proofs

    Net mintage after melting: 46,348

     

    History provided with the permission of NGC (Numismatic Guaranty Corporation) from their Photo-Proof series.

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