| Class 2 — Economics |
| Exhibits dealing with monetary and financial systems,
or economic events such as panics and inflations. |
| E# |
#c |
Title and Theme/Purpose |
|---|
| 5 |
3 |
Discovery: The Last $10 1902 Plain Back Printed for The Pacific National Bank of Nantucket
How my curiosity led to the discovery of this important note, and the
resources and steps I used.
A brief history and the importance of this bank to the population of the
island and the whaling industry in the 1800s.
Also included are photos and postcards of the historic bank building.
The Pacific Bank was a prolific issuer of national currency, and bank
note information for Charter# 714 are provided.
The history of the bank will include a short biography on the bank
president Albert Brock, whose signature is on my note.
|
| 8 |
1 |
Token for an Ice Worm Cocktail in Alaska
The single case exhibit shows a good-for token that was used as
a promotion to get a free Ice Worm Cocktail at the Portage
Glacier Lodge in Alaska during the 1960s to 1970s.
These good-for tokens were unusual in that they had a serial
number stamped on them, which allows the tokens to be tracked.
The exhibit displays the rare S/N 1 brass good-for token and
the only known sterling silver token (S/N 1) of the type.
|
| 12 |
2 |
Inflationary Currency of Israel, 1980-1985
In 1980, Israel adopted a new currency, the sheqel, replacing the
lira.
In the first year of the new currency, four coins were minted in
denominations from one agora to 1/2 shequel, and banknotes were
issued in denominations from one shequel to 100 sheqalim.
However, the early 1980s were a period of high inflation in Israel,
and the Bank of Israel had to introduce several new denominations
over the following years.
By 1984, the Bank was issuing 100 sheqalim coins, and the largest
banknote was for 10,000 sheqalim.
This exhibit will show how the economic problems faced by Israel
in the early 1980s necessitated annual changes in the country’s
coinage and paper money until the first sheqel series was
abandoned in 1985 and replaced with the new sheqel.
|
| 21 |
2 |
Berghoff Restaurant Waiter Tokens
When the Berghoff restaurant in Chicago opened in 1898, several
traditions followed Herman Joseph Berghoff from Germany to
America.
In Europe, waiters worked more as independent contractors and
purchased tokens from the restaurant at the beginning of their
shift.
These coins were used to purchase food and beverages from the
“house.”
Throughout the day when they ordered food from the kitchen, they
would pick up their food, and then pay the cashier with metal
tokens.
This exhibit presents the history of this Chicago institution
and displays these unique tokens.
|
| 24 |
3 |
In the Beginning…
“Money,” as a medium of exchange or measure of wealth,
has existed from time immemorial, but “money” in the
form of coins dates back no earlier than the middle of the 7th
Century BC.
The invention of coined money greatly facilitated both commerce
and the spread of civilizations, and coins themselves are
critically important to the study of the art and history of
earlier cultures.
This exhibit presents a gallery of numismatic “firsts,”
with examples of the first coins and coin types ever minted, and
a representative selection of subsequent innovations in coin
design, metallurgy, and technology.
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