"oly" <oly2059@[EMAIL PROTECTED]
> wrote in message
news:ff70585a-76a6-44f5-8b45-8fbb32845765@[EMAIL PROTECTED]
May 19, 4:52 am, m...@[EMAIL PROTECTED]
(Christian Feldhaus)
wrote:
> Andy <Imsickofs...@[EMAIL PROTECTED]
> wrote:
> > They don't have the same historical value because they don't have as
> > much an
> > impact in peoples lives.
>
> Agreed. Coins that are "issued" but only make it into some people's
> collections, not into circulation, I do not find that appealing either.
> Admittedly I make exceptions, especially when the theme of a NCLT coin
> has a special meaning for me or the design is particularly appealing ...
>
> > My opinion anyway, although I collect some NCLT in the form of
Westfalen
> > (German Province) Notgeld 1921-1923, they really sum up what went on
in
> > that
> > period of history, especially the 1 billion mark coin.
>
> Well, those did not circulate and were not legal tender, thus NCNLT. :)
> The "1 Billion" coin (one trillion in English) was issued some time
> after the end of the hyperinflation, and sold to collectors.
>
> Christian
NCLT??? The issuing mints could not resist to "kill the goose that
laid the golden egg" by overissue, too frequent issue, and from
trivial subjects (like a drug addict movie starlet).
Things that should have been subjects for commemorative medals got a
denomination slapped on their backs and were then sold as coins.
Nealy all NCLT designs are abysmal to match the pathetic themes.
The NCLT buyers bought not for numismatic reasons, but for speculative
reasons - to resell at a profit - and as always, there came a point
when the speculative bubble could not hope to attract enough money to
keep the schemes going. "No tree grows to the sky; every bubble must
burst".
One cannot discount the greying (and deaths) of members of the middle
class numismatic community in the U.S.A.; and stagnant real incomes in
America since probably the Nixon era- the 1970s.
Add in that almost nobody teaches history in America and that 9/10ths
of Americans are historically illiterate - and there you have it!!!
-------------------------------------
As recently as eight years ago there was a teacher in the school where I
taught who taught history as a subset of the target subject matter. He
retired in 2001, some say fortunately, others say unfortunately.
James the Leisured
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