(Roughly) Daily

Posts Tagged ‘coins

“Count my own money, see the paper cut fingers?”*…

A fascinating look, from The Pudding, at who’s on those banknotes…

If you open your wallet right now, who do you see there? You’re probably looking at people who made history in your country. Without even noticing, you’re always carrying around reminders of prominent people in your wallet, but have you ever wondered, who gets to be on banknotes?

In many places, paper money still fails to represent a portion of the population it serves, with many countries preferring to showcase people (usually men) in positions of power or of national acclaim on their banknotes. However, money can also be a platform to uplift the unsung leaders who deserve our gratitude for making our countries what they are. We decided to investigate this imbalance. We gathered data about the people who appear on banknotes around the world, to see what we could learn about them and their countries.

We wanted this analysis to be as international as possible so we inquired into 38 countries from all 22 sub and sub-subregions of the world, based on the United Nations’ Statistics Department geoscheme. Our dataset represents [236 unique banknotes and 241 unique individuals].

The majority of the individuals depicted on banknotes are male [79%].

We looked at their professions and accomplishments, among other characteristics, to understand who is featured on the banknotes of the world, and what it took to get there…

A visual essay about the famous figures who represent today’s currencies around the world: “Who’s in Your Wallet?,” from @puddingviz.

* Drake

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As we count ’em, we might recall that it was on this date in 1863 that Congress passed the Coinage Act of 1864, which changed the composition of the one-cent coin and authorized the minting of the two-cent coin– the first piece of U.S. currency to bear (as a result of this legislation) the legend “In God We Trust.”

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April 22, 2022 at 1:00 am

“As long as the world is turning and spinning, we’re gonna be dizzy and we’re gonna make mistakes”*…

Observant fans of HG Wells have questioned how a new coin from the Royal Mint commemorating The War of the Worlds author could be released with multiple errors, including giving his “monstrous tripod” four legs.

The £2 coin is intended to mark 75 years since the death of Wells, and includes imagery inspired by The War of the Worlds and The Invisible Man.

Unfortunately, it strays from Wells’s vision of his creations. “As someone who particularly likes one of his very famous stories, can I just note that the big walking machine on the coin has four legs? Four legs. The man famous for creating the Martian TRIpod,” wrote artist Holly Humphries. “How many people did this have to go through? Did they know how to count?”

Science fiction novelist and professor of 19th-century literature Adam Roberts, who is author of a biography of Wells and vice president of the HG Wells Society, also criticised the depiction of the Invisible Man, shown in a top hat; in the book he arrives at Iping under a “wide-brimmed hat”.

“It’s nice to see Wells memorialised, but it would have been nicer for them to get things right,” Roberts said. “A tripod with four legs is hard to comprehend (tri: the clue is in the name), and Wells’s (distinctly ungentlemanly) invisible man, Griffin, never wore a top hat … I’d say Wells would be annoyed by this carelessness: he took immense pains to get things right in his own work – inviting translators of his book to stay with him to help the process and minimise errors and so on.”…

The Wells slip-up is not the first mistake immortalised in legal tender. In 2013, Ireland’s Central Bank misquoted James Joyce on a commemorative coin intended to honour the author. While Joyce wrote in Ulysses: “Ineluctable modality of the visible: at least that if no more, thought through my eyes. Signatures of all things I am here to read …”, the Central Bank included an extra “that” in the final sentence, with its coin reading: “Signatures of all things that I am here to read.” The bank later claimed the coin was intended to be “an artistic representation of the author and text and not intended as a literal representation”.

Later that year, a new £10 note featured Jane Austen with the quote “I declare after all there is no enjoyment like reading!” However, the line is spoken by Caroline Bingley, described by academic John Mullan as “a woman who has no interest in books at all”. “You can imagine being the Bank of England employee given the task of finding the telling Austen quotation. Something about reading, perhaps? A quick text search in Pride and Prejudice turns up just the thing,” wrote Mullan at the time…

Memorializing mistakes in metal: “HG Wells fans spot numerous errors on Royal Mint’s new £2 coin.

* Mel Brooks

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As we cast with care, we might recall that it was on this date in 1493 that Christopher Columbus, having sailed from Spain six months earlier and arrived in the Caribbean, off the shores of (what we now know as) the Dominican Republic, saw three “mermaids,” described in his diary as “not half as beautiful as they are painted.” Mermaids, mythical half-female, half-fish creatures, had persistently been reported in seafaring cultures at least since the time of the ancient Greeks. Mermaid sightings by sailors, when they weren’t made up, were most likely manatees (sea cows), dugongs or Steller’s sea cows (which became extinct by the 1760s due to over-hunting).

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January 9, 2021 at 1:01 am

“Ours is a culture and a time as immensely rich in trash as it is in treasures”*…

 

… and sometimes the trash is treasure:

There’s a Covanta Holding Corp. incinerator outside Philadelphia that produces electricity from burning garbage. It also produces something else: stacks and stacks of blackened, sooty coins.

Over the course of a year, those nickels, dimes and quarters add up to about $360,000. That’s seven times the average income in the Philadelphia metropolitan region, and the money is piling up as Covanta waits for the U.S. Mint to resume coin purchases under an exchange program it suspended in November.

About $61.8 million of loose change is accidentally thrown away every year in the U.S., Covanta estimates. The coins get swept off restaurant tables, mixed in with scraps when people empty their pockets, and vacuumed up from carpets or sofa cushions. The money used to end up in the dump, but as trash volume increases and open space dwindles, landfill-disposal costs are up 25 percent in the past decade. That’s created an incentive for Covanta and other companies to develop ways to sift through mountains of garbage and extract steel, iron, aluminum and copper for sale to recyclers…

More at “We Toss $62 Million of Loose Change Every Year. This Company Wants Some of It.”

* Ray Bradbury, Zen in the Art of Writing

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As we check again under our sofa cushions, we might spare a thought for Blessed John (Johannes, Ioannes) Duns Scotus, O.F.M.; he died on this date in 1308.  One of the most important philosophers of the High Middle Ages (with his arch-rival, William of Ockham), Duns Scotus was a champion of a form of Scholasticism that came to be known as Scotism.

But he may be better remembered as a result of the slurs of 16th Century philosophers, who considered him a sophist– and coined the insult “dunce” (someone incapable of scholarship) from the name “Dunse” given to his followers in the 1500s.

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November 8, 2016 at 1:01 am

“Making money is art”*…

 

Back in the 1890s, there was a conscious effort to turn American money into pocket-sized works of art. It resulted in the creation of what is still regarded as the most beautiful set of bank notes ever issued in the United States: the Educational Series of silver certificates…

The Bureau of Engraving and Printing (BEP)—the government agency that controls what designs appear on the nation’s paper currency—was open to the idea of a money makeover. With the United States innovating and industrializing, it seemed an apt time for the nation’s progress to be reflected on the art of its bank notes. And the standard dead-president design was getting a bit tired: a New York Times article from March 3, 1896 acknowledged that “there has been for a long time a desire to make a change in the inartistic and stiff paper currency of the years that have gone.”

In an effort to bring more artistic merit to the silver certificate, the BEP approached Edwin Blashfield, Will H. Low, and Walter Shirlaw, three artists known for their elegant allegorical paintings. As muralists, Blashfield and Low were accustomed to working at a much larger scale than the 3.125-by-7.4218-inch dimensions of a silver certificate. But the painters’ flair for eye-pleasing composition and their ability to translate principles of national character into gorgeous tableaus of women in flowing robes was paramount. They were encouraged to submit large paintings, which a team of skilled engravers could then translate to currency-compatible format. According to the aforementioned Times article, 15 to 20 engravers worked on each note, each one assigned to a particular section of the design.

The resulting three artworks formed the basis for the $1, $2, and $5 silver certificates that came to be known as the 1896 Educational Series…

Flip through them at “Object of Intrigue: the Most Beautiful Banknote in U.S. History.”

* Andy Warhol

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As we consider the corporate logos on our credit cards, we might recall that it was since this date in 1908 that the motto “In God We Trust” has been stamped onto all gold coins and silver dollar coins, half-dollar coins, and quarter-dollar coins struck by the U.S. Mint.

1908 P Indian Head Gold $2.50 “Quarter Eagle”

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July 1, 2015 at 1:01 am

“this body (the miniature universe) may be called the field or creation”*…

 

René Magritte’s “The Son of Man” on a Chinese coin

The Sao Paulo–born, Frankfurt-based artist and designer Andre Levy has earned himself a huge online following and an exhibition at Stew Gallery in Norwich, England with his project Tales You Lose, for which he turns the portraits of monarchs and political heroes adorning coins into images of pop culture icons…

The Teenage Mutant Ninja Turtle Leonardo on Leonardo da Vinci’s Vitruvian Man

More about Levy’s work, and more examples, at Hyperallergic.

* Bhagavad-Gita, Chapter 13

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As we count our change, we might sign birthday greetings to Walter Geikie; he was born on this date in 1795.   The victim at age two of a “nervous fever” that cost him his hearing, Geikie became one of Scotland’s most-loved artists– a chronicler, in black-and-white sketches (examples here), of life in his native Edinburgh.

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Written by (Roughly) Daily

November 10, 2014 at 1:01 am

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