Jeff Smith, President and CEO Treasuredstocks.com

Jeff Smith, President and CEO Treasuredstocks.com
Jeff Smith

Friday, August 12, 2016

How Christopher Columbus and the Chicago World's Fair are forever linked


US Mint-Issued Chicago World’s Fair Commemorative Coins 

For some exciting information on these very rare and valuable coins, read on….

From May to October of 1893, Chicago was THE  place to go for 46 nations that participated in the Chicago World’s Fair, also known as the  
World’s Columbian Exposition. 

This fair commemorated the 400 year anniversary of Christopher Columbus’s New World discovery (hence the Columbian designation) as well as Chicago’s celebrated transformation following the Great Chicago Fire of 1871. Over 70,000 exhibitors, in 200 buildings, displayed  the latest architecture, art, and technology, promoting the world’s greatest achievements.

The equivalent of half of America’s population visited the fair, which showcased American industrial optimism and ingenuity. 

Some of the other firsts at the Fair include The Ferris Wheel, elongated coins, the hamburger, Hershey Chocolate, spray painting, and the first US Post Office produced commemorative stamp set. 

Similarly, the “Christopher Columbus” stamp was issued by US Postage at the Exposition.

Importantly, the United States Mint issued its very first commemorative coins including a half dollar and a quarter; in honor of the Chicago World’s Fair/World’s Columbian Exposition. 

This was the first World’s Fair to have a commemorative coin in its honor. Interestingly, the half dollar coin is the first time a foreigner, Christopher Columbus, was featured on a U.S. legal tender coin. Unfortunately, sales of these coins never achieved the hoped for response and the Mint destroyed – melted-- all unsold coins. 
 Thus, the ever-increasing Collector Value of these history-making coins, is certain! 
 
Treasuredstocks.com is very proud to be able to list some of the most precious and valuable currency items in the world. We have over 4,000 items to choose from with huge variety and selections.

We are Official Dealers for PCGS and PMG grading institutes.  We are also members of numerous Numismatist organizations including Professional Currency Dealers Association (PCDA) and American Numismatic Association (ANA). 

Treasuredstocks.com was founded in 1987 to provide currency enthusiasts and investors with a wide choice of currency items. The site offers a range of national and international coins and currency for the value conscious currency collector and investor.
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How to Start a Currency Collection

I want to start collecting coins and currency items; where do I start?

Collectors of coins and currency do so for many reasons. One of the most common collector is the hobiest who collects more for fun and appeal, rather than profit. Often, this attraction begins as a child who, by chance or purpose, receives an item that is both fascinating and historical.

An increasingly popular reason to pursue collecting of coins and currency is to do so as an investment Persons who use collections as a kind of investing do so with the idea that the value of the items, in singular or total, will increase over time. Supply and demand is the key concept here as well as a critical understanding that collections do not “make” money until they are sold and may even incur costs, such as the costs of safe and secure storage.

A third type of collector is the person who acquires a collection via inheritance. This person may or may not have any real interest in the items but appreciates potential value.

One great advantage we have today is the internet. For example, take a careful look around our Treasuredstocks.com web site and you will see over 4,000 items, of all categories, grades, and prices, all graded and all in full color view. And now a bit about grading. A graded item allows collectors to speak the same language when it comes to the condition of the item.

The term “Numismatics” refers to the study or collecting of coin/currency. A numismatist is someone who does this by hobby or profession. Here is a great web site to use, when learning more about such an exciting field. There’s even several links specifically designed for children.

http://www.numismatics.tv/

We are official members of multiple numismatic-related organizations. Therefore, Treasuredstocks.com welcomes any and all questions regarding our postings and our passion for collecting coins and currency of all types. We are here to assist you! Please give us a call at 870-670-4255 or email us at jeff@treasuredstocks.com