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The E-Sylum: Volume 27, Number 24, June 16, 2024, Article 26

LOOSE CHANGE: JUNE 16, 2024

Here are some additional items in the media this week that may be of interest. -Editor

Making the Peace Dollar, Part One

Over on CoinWeek, Roger Burdette published the first of a series of articles on the making of the Peace Dollar, adapted and updated from his book, Renaissance of American Coinage 1916-1921. Here's a short excerpt - see the complete article online. -Editor

  Making the Peace Dollar Part 1

An American silver dollar commemorating peace was a nice idea, but it was also mired in post-war complexity.

1920 ANA Convention members discussed the subject and decided to appoint a committee …to cooperate with government officials to secure the issue of a Peace-Victory coin, and to aid in the selection of a design and size of the coin. The Peace-Victory Commemorative Committee consisted of Judson Brenner, chairman; J.M. Henderson, MD; Howland Wood (American Numismatic Society curator); Farran Zerbe (coin dealer); and William A. Ashbrook (United States House of Representatives, D-OH17).

Representative Ashbrook was a coin collector, a six-time member of the United States Mint's Assay Commission, and a former chairman of the House Committee on Coinage, Weights, and Measures. He should have brought considerable clout to the ANA's efforts. But when the Republican Party gained control of the House in 1918, Representative Albert Henry Vestal (R-IN8) replaced him as committee chairman; Ashbrook was defeated for reelection in November 1920. Nevertheless, Vestal and Ashbrook were friends, and Ashbrook was well-regarded by committee members from both parties. He used his waning influence to persuade Vestal to call an informal committee meeting on December 14, 1920, to hear the ANA's suggestions for a peace commemorative. Of the ANA members appointed to the committee, only Brenner, Henderson, and Ashbrook attended the House Coinage Committee meeting.

To read the complete article, see:
Making the Peace Dollar, Part One: Stuck in Committee (https://coinweek.com/a-victory-peace-dollar-part-one-stuck-in-committee/)

Collecting Tossed-Out Coins

Howard Berlin passed along this Fox Business follow-up to the earlier Wall Street Journal article about a company recovering coins from incinerated garbage. Thanks. -Editor

  coins from trash

Flock traveled to Morrisville, Pennsylvania to see the operations happen in real time, where he walked around the building to watch machines sift through incinerated trash, forcing coins to fall through round holes before they're sorted into bins.

Once sorted, the coins go through a washing station to come out shining like new and are spread out on a rack to dry.

"This allows us to better sort the coins, to determine what coins are in good condition or have been damaged, but it also lets us know which denominations we're dealing with," Guardino explained during the "Mornings with Maria" segment, Monday, as Flock sifted through a mountain of coins.

To read the complete article, see:
Pennsylvania waste management facility collects millions of dollars worth of tossed out coins (https://www.foxbusiness.com/media/pennsylvania-waste-management-facility-collects-millions-dollars-tossed-coins)

To read the earlier E-Sylum article, see:
COLLECTING COINS FROM TRASH (https://www.coinbooks.org/v27/esylum_v27n16a20.html)

Update: Canada's New King Charles III Banknotes

Kavan Ratnatunga passed along this article with an update on the Bank of Canada's new King Charles III banknotes. Thanks. -Editor

On the first anniversary of the coronation of His Majesty King Charles III, the Bank of Canada issued a progress update on designing a new $20 bank note.

As announced by the government at the coronation, the new note will feature King Charles III as the portrait subject. The back will continue to feature the Canadian National Vimy Memorial. The new note will be vertical like the current $10 note, made of polymer and primarily green in colour, the Bank said today.

The Bank will incorporate enhanced security features into the redesigned $20 note, which will keep Canada one step ahead of counterfeiting threats.

In the meantime, the current $20 note, which was first issued in 2012 and which features the portrait of Queen Elizabeth II, will continue to circulate.

To read the complete article, see:
Bank of Canada updates progress on new $20 note (https://www.bankofcanada.ca/2024/05/bank-of-canada-updates-progress-on-new-20-note/)



Wayne Homren, Editor

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