Month: January 2017

Reader’s Help: What in the world is this Celluloid piece?

On By wisdomlaneantiquesIn Reader's help!, Vintage, Vintage, Vintage!, Wisdom Lane2 Comments

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Not too long ago, I ran into this great vintage celluloid piece at a local flea market.  I know that it’s some sort of holder, but what exactly was it used for?

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In one reference book that I have, the book shows it and does not mention what this is.  Another book stated that it was a tooth brush holder, and yet another states that this is a holder for eyeglasses.

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Needless to say, I got pretty baffled on what this could be.  So here’s my question–what is this piece really for?  Is what one of the books said right, or is this something completely different?

Any information is greatly appreciated.  What do you think it is?

Two Cents worth? Yep

On By wisdomlaneantiquesIn Money, Tips for the beginner, Vintage, Vintage, Vintage!Leave a comment

Did you know that there was actually a 2 cent coin that was produced by the United States mint?

The Two Cent piece officially ran from 1864 to 1872, but there was a copy made for collectors in 1873.

The economic turmoil of the American Civil War caused any and all government-issued coins to vanish from circulation, they were hoarded very heavily by the public. Even the Indian Head cent—which was made of bronze—was pretty much gone from circulation.  The Coinage Act Of 1864 authorized the cent to switch to a bronze composition and the production of the Two Cent coin.

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Photo courtesy Wikipedia.com

Even though there were other mints actively producing coins in the United States at the time, this coin was only produced at the mint based in Philadelphia.  What this means is that there will not be a mint mark anywhere–which is the way this mint was marking the coins until 1980.

Two of the more famous die varieties happened in 1864.  One is called the “large motto,” and the other is called the “small motto.”  These two varieties deal with the motto, “In God We Trust.”  The words IN, GOD, and TRUST has some small differences, while the word WE has the most differences.  It all hinges on the size of it, and it is very noticeable.  The WE on “large motto” is larger than the WE on the “small motto.”

The “small motto” is much scarcer than the “large motto.”  The best idea is to keep an eye out for it in case you might walk across a case full of coins at a mall, or happen to be at a coin shop or show.

Have you seen one of these really cool coins?

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Small motto courtesy Wikipedia.com
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Large motto courtesy Wikipedia.com

Sometimes directions help out with collecting paper money

On By wisdomlaneantiquesIn Ephemera, Money, Paper, Vintage, Vintage, Vintage!, Wisdom LaneLeave a comment

Directions play a part in quite a few different ways in collecting, and this definitely includes collecting paper money from the early 1800’s.  During this time, it was up to the banks to produce paper money–they would file for a charter with the United States government, and this would allow the bank to produce their own paper money.

Collectors often look for paper money in a couple of ways for their collections.  They will look for a certain bank, city, or even state that the money was produced in.

If there was a major metropolitan area like Boston or Philadelphia, the more banks were likely to be there.  The east coast of the United States has quite a few different banks that offered paper money.  This was true going west to just past the Mississippi river.  The farther west you went, the fewer banks you would run into.

The gold rush in California that started in 1848 was what helped bring some banks (and eventually a United States mint in San Francisco) that far west.

When you travel up north (in places like North Dakota, Washington State, and even Alaska) they have very few banks at all.  There have been a few bills (collectors also call them “notes”) turn up for a few banks in these states, and are highly sought after.

You need to be careful when you are looking for paper money from the early 1800’s to add to your collection—there are quite a few outright counterfeit bills out there.  Not only that, there were also a lot of bills in circulation in the 1800’s that were counterfeit.  One reason was that there were many different designs that were made by the different banks out there making it harder for you to know if it was real or not when the bills were new.

Another reason is because there were a ton of banks that failed for one reason or another in the 1800’s (the money from these banks are also called “broken bank notes”).  There were lists for shut down banks and fake bills that circulated to merchants or vendors, but the lists were often out dated after a while.  It also took a while to get these lists circulated since mail had to go by stage coach, train or horse.

What fun direction can your collection go?

Three things to consider when you sell items online

On By wisdomlaneantiquesIn DIY, My Background, Tips for the beginner, Wisdom LaneLeave a comment

When I first started to sell online, there were three things that I found out very quickly.  Here is what I learned:

#1 The price of the item itself needs to be considered.  When I list an item to sell online, what I try to do is to make double on what I paid for the item.  This way I can have a little wiggle room if something happens like paying a little more than expected on something like shipping.

#2 You will be charged listing fees on items you put on selling sites.  On a site like Etsy, they charge a small fee to renew a listing after the item is on the website after a certain amount of time (there is also a fee when you are listing the item for the first time).  You need to watch it like a hawk—this can add up pretty fast and eat into your profits.  After one or two renewals, you need to think about adjusting the price or doing something like taking better pictures.

#3 Packing costs also need to be considered.  The packing costs will include tape, packing peanuts, and potentially the box itself (if you don’t get free boxes from places like the Post Office).  If you do not watch this area very closely, you can completely wipe out any profits if you are not careful.

What have you learned when you started to sell things online?