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Fractional Currency mentioned in the movie, "Lincoln"

EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
I closed down my office to take everyone to watch "Lincoln" yesterday. It is a great movie for those of you interested in history, and Civil War history in particular. In the movie, someone mentions that Lincoln was on the 50-cent piece. Only us coin nerds would know what they were talking about.

image
Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:

Comments

  • pursuitoflibertypursuitofliberty Posts: 7,342 ✭✭✭✭✭
    Happy Thansgiving Rick ... indeed, only "we" would know that one. My youngest and I saw it last weekend (he invited me!), and I caught on that in the film as well.

    “We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”

    Todd - BHNC #242
  • JedPlanchetJedPlanchet Posts: 908 ✭✭✭
    I did not know that. So when did the prohibition of living people on currency get enacted?
    Whatever you are, be a good one. ---- Abraham Lincoln
  • ohhhhhhhhhh now i get it lol. When I saw Lincoln last Sunday I didnt understand that one.
  • BillJonesBillJones Posts: 34,855 ✭✭✭✭✭
    I have yet to see the Lincoln movie. Going by the previews on television the Lincoln character seems over wrought. Somehow, after having read many books about Lincoln, I would not have viewed him as a screaming zealot over the slavery issue. He took a very measured approach toward the issue early in the war placing the need to reunite the country over emancipation. He issued the Emancipation Proclamation in the fall of 1862 only after weighing the issue. It took affect on January 1, 1863. Yes, he viewed slavery as an ultimate evil, but it was not the centerpiece of his early presidency, and he kept it in perspective from the political perspective. Given the fact that the southern states were not voting on the 13th Amendment I’m not sure that getting it passed was that difficult.. The 14th and 15th were another story.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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  • TwoSides2aCoinTwoSides2aCoin Posts: 44,631 ✭✭✭✭✭
    image
    How many presidential dollars does it cost to get into a movie ? Here is a whopping $.53
    It's probably not enough to pay for the gas it costs to start the car... but I traded gold for a few of these. image
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i>I have yet to see the Lincoln movie. Going by the previews on television the Lincoln character seems over wrought. Somehow, after having read many books about Lincoln, I would not have viewed him as a screaming zealot over the slavery issue. He took a very measured approach toward the issue early in the war placing the need to reunite the country over emancipation. He issued the Emancipation Proclamation in the fall of 1862 only after weighing the issue. It took affect on January 1, 1863. Yes, he viewed slavery as an ultimate evil, but it was not the centerpiece of his early presidency, and he kept it in perspective from the political perspective. Given the fact that the southern states were not voting on the 13th Amendment I’m not sure that getting it passed was that difficult.. The 14th and 15th were another story. >>



    The 13th Amendment was the centerpiece of the movie and it looked difficult to pass. Also, I caught the 50c piece comment. I thought if this was so blatant what else is. Overall, it's a very good movie.
  • I wonder why they'd refer to paper money as a 50-cent "piece" instead of "note" ...
    Let's try not to get upset.
  • BillJonesBillJones Posts: 34,855 ✭✭✭✭✭


    << <i>

    << <i>I have yet to see the Lincoln movie. Going by the previews on television the Lincoln character seems over wrought. Somehow, after having read many books about Lincoln, I would not have viewed him as a screaming zealot over the slavery issue. He took a very measured approach toward the issue early in the war placing the need to reunite the country over emancipation. He issued the Emancipation Proclamation in the fall of 1862 only after weighing the issue. It took affect on January 1, 1863. Yes, he viewed slavery as an ultimate evil, but it was not the centerpiece of his early presidency, and he kept it in perspective from the political perspective. Given the fact that the southern states were not voting on the 13th Amendment I’m not sure that getting it passed was that difficult.. The 14th and 15th were another story. >>



    The 13th Amendment was the centerpiece of the movie and it looked difficult to pass. Also, I caught the 50c piece comment. I thought if this was so blatant what else is. Overall, it's a very good movie. >>



    The centerpiece of the late days of the Lincoln administration was defeating last Confederate armies and ending the Civil War. Lincoln only survived for a week after Lee surrendered, and getting Lee's and Joe Johnson's armies to give up was the most important objective. If this film shows it to be the 13th Amendment, it is PC rewrite of history. Passing those Constitutional Amemdments (13, 14 and 15 - 14 and 15 during the Grant administration.) was important, but it was not the most important bit of business yet to be done at the end of Lincoln's life.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • SMCSMC Posts: 15 ✭✭
    The "Act of April 7, 1866" is the one that forbade living people to be on notes and securities. The Lincoln notes were printed between July and December, 1869 (19,152,000 printed). Plan to see the movie tomorrow.
    Clark was innocent
  • BillJonesBillJones Posts: 34,855 ✭✭✭✭✭


    << <i>The "Act of April 7, 1866" is the one that forbade living people to be on notes and securities. The Lincoln notes were printed between July and December, 1869 (19,152,000 printed). Plan to see the movie tomorrow. >>



    Yes, I was pretty sure that that Lincoln note was issued after his assassination. I believe that it was part of the Fourth Issue of Fractional currency. Beware of historical “facts” disseminated from Hollywood.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • PrethenPrethen Posts: 3,461 ✭✭✭


    << <i>image
    How many presidential dollars does it cost to get into a movie ? Here is a whopping $.53
    It's probably not enough to pay for the gas it costs to start the car... but I traded gold for a few of these. image >>


    I love that irony! Back when these were traded, people would have killed to be able to get rid of them for gold/silver!
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    Yes, it is true that they didn't fact-check their reference. The 4th issue was begun in 1869 and people wouldn't have called it a 50-cent "piece". I have no idea what the slang for the 50-cent note was, maybe a "Fifty-center". maybe it was a fishy-bills (reference to Salmon Chase).

    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • BillJonesBillJones Posts: 34,855 ✭✭✭✭✭


    << <i>Yes, it is true that they didn't fact-check their reference. The 4th issue was begun in 1869 and people wouldn't have called it a 50-cent "piece". I have no idea what the slang for the 50-cent note was, maybe a "Fifty-center". maybe it was a fishy-bills (reference to Salmon Chase). >>



    I think that "shin plaster" might still have been the most common slag name. Fractional currency was never popular. Nothing backed it; there were legal tender limits on how much of it could be used in a transaction; and it could not be used to pay import tariffs.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?

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