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John Gault
John Gault was an American entrepreneur and inventor who created the encased postage stamp. Gault used these encased postage stamps as a means to solve a coin shortage during the American Civil War, Civil War as well as ultimately profit from their sale. Encased postage stamp In 1862, Gault and the American population were faced with a shortage of coins. The government reacted first to this problem by passing a law on July 17, 1862 that allowed postage stamps to be used to pay off debts to the government as long as they were under $5. Stamps were accepted as having value across the US because they were evidence of having paid for postage. This remedial law was only a temporary solution due to the fragile nature of a thin, paper postage stamp.“Ayer’s Encased Postage.”
2011. Accessed 20
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American Civil War
The American Civil War (April 12, 1861 – May 26, 1865; also known by other names) was a civil war in the United States. It was fought between the Union ("the North") and the Confederacy ("the South"), the latter formed by states that had seceded. The central cause of the war was the dispute over whether slavery would be permitted to expand into the western territories, leading to more slave states, or be prevented from doing so, which was widely believed would place slavery on a course of ultimate extinction. Decades of political controversy over slavery were brought to a head by the victory in the 1860 U.S. presidential election of Abraham Lincoln, who opposed slavery's expansion into the west. An initial seven southern slave states responded to Lincoln's victory by seceding from the United States and, in 1861, forming the Confederacy. The Confederacy seized U.S. forts and other federal assets within their borders. Led by Confederate President Jefferson Davis, ...
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Coin
A coin is a small, flat (usually depending on the country or value), round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. ''Obverse'' and its opposite, ''reverse'', refer to the two flat faces of coins and medals. In this usage, ''obverse'' means the front face of the object and ''reverse'' means the back face. The obverse of a coin is commonly called ''heads'', because it often depicts the head of a prominent person, and the reverse ''tails''. Coins are usually made of metal or an alloy, or sometimes of man-made materials. They are usually disc shaped. Coins, made of valuable metal, are stored in large quantities as bullion coins. Other coins are used as money in everyday transactions, circulating alongside banknotes. Usually the highest va ...
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Postage Stamp
A postage stamp is a small piece of paper issued by a post office, postal administration, or other authorized vendors to customers who pay postage (the cost involved in moving, insuring, or registering mail), who then affix the stamp to the face or address-side of any item of mail—an envelope or other postal cover (e.g., packet, box, mailing cylinder)—that they wish to send. The item is then processed by the postal system, where a postmark or cancellation mark—in modern usage indicating date and point of origin of mailing—is applied to the stamp and its left and right sides to prevent its reuse. The item is then delivered to its addressee. Always featuring the name of the issuing nation (with the exception of the United Kingdom), a denomination of its value, and often an illustration of persons, events, institutions, or natural realities that symbolize the nation's traditions and values, every stamp is printed on a piece of usually rectangular, but sometimes triangular ...
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Brass
Brass is an alloy of copper (Cu) and zinc (Zn), in proportions which can be varied to achieve different mechanical, electrical, and chemical properties. It is a substitutional alloy: atoms of the two constituents may replace each other within the same crystal structure. Brass is similar to bronze, another copper alloy, that uses tin instead of zinc. Both bronze and brass may include small proportions of a range of other elements including arsenic (As), lead (Pb), phosphorus (P), aluminium (Al), manganese (Mn), and silicon (Si). Historically, the distinction between the two alloys has been less consistent and clear, and modern practice in museums and archaeology increasingly avoids both terms for historical objects in favor of the more general "copper alloy". Brass has long been a popular material for decoration due to its bright, gold-like appearance; being used for drawer pulls and doorknobs. It has also been widely used to make utensils because of its low melting ...
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Mica
Micas ( ) are a group of silicate minerals whose outstanding physical characteristic is that individual mica crystals can easily be split into extremely thin elastic plates. This characteristic is described as perfect basal cleavage. Mica is common in igneous and metamorphic rock and is occasionally found as small flakes in sedimentary rock. It is particularly prominent in many granites, pegmatites, and schists, and "books" (large individual crystals) of mica several feet across have been found in some pegmatites. Micas are used in products such as drywalls, paints, fillers, especially in parts for automobiles, roofing and shingles, as well as in electronics. The mineral is used in cosmetics and food to add "shimmer" or "frost." Properties and structure The mica group is composed of 37 phyllosilicate minerals. All crystallize in the monoclinic system, with a tendency towards pseudohexagonal crystals, and are similar in structure but vary in chemical composition. Micas are ...
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Civil War Tokens
Civil War tokens are token coins that were privately minted and distributed in the United States between 1861 and 1864. They were used mainly in the Northeast and Midwest. The widespread use of the tokens was a result of the scarcity of government-issued cents during the Civil War. Civil War tokens became illegal after the United States Congress passed a law on April 22, 1864, prohibiting the issue of any one or two-cent coins, tokens or devices for use as currency. On June 8, 1864, an additional law was passed that forbade all private coinage.Yeoman, R.S., ''A Guide Book of United States Coins'' (2004 edition), Whitman Publishing, 2003. Civil War tokens are divided into three types—store cards, patriotic tokens, and sutler tokens. All three types were utilized as currency, and are differentiated by their designs. The collectible value of the tokens is determined chiefly by their rarity. History By 1862, the second year of the Civil War, government-issued coinage began v ...
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Fractional Currency
__NOTOC__ Fractional currency, also referred to as shinplasters, was introduced by the United States federal government following the outbreak of the Civil War. These low- denomination banknotes of the United States dollar were in use between 21 August 1862 and 15 February 1876, and issued in denominations of 3, 5, 10, 15, 25, and 50 cents across five issuing periods.Kravitz The complete type set below is part of the National Numismatic Collection, housed at the National Museum of American History, part of the Smithsonian Institution. History The Civil War economy catalyzed a shortage of United States coinage—gold and silver coins were hoarded given their intrinsic bullion value relative to irredeemable paper currency at the time.Anderson, p. 303.Reed, p. 298. In late 1861, to help finance the Civil War, the U.S. government borrowed gold coin from New York City banks in exchange for Seven-thirties treasury notesMitchell, 1903, pp. 27–32. and the New York banks sold them ...
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Exonumia
Exonumia are numismatic items (such as tokens, medals, or scrip) other than coins and paper money. This includes "Good For" tokens, badges, counterstamped coins, elongated coins, encased coins, souvenir medallions, tags, wooden nickels and other similar items. It is an aspect of numismatics and many coin collectors are also exonumists. Besides the above strict definition, others extend it to include non-coins which may or may not be legal tenders such as cheques, credit cards and similar paper. These can also be considered notaphily or scripophily. Etymology The noun ''exonumia'' is derived from two classical roots: ''exo'', meaning "out-of" in Greek, and ''nummus'', meaning "coin" in Latin (from Greek νοῦμμος – ''noummos'', "coin"); thus, "out ideof- he categoryoins". The equivalent British term, paranumismatica, may also be used. The words ''exonumist'' and ''exonumia'' were coined in July 1960 by Russell Rulau, a recognized authority and author on the subject, ...
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American Inventors
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * B ...
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American Businesspeople
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * B ...
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Year Of Birth Missing
A year or annus is the orbital period of a planetary body, for example, the Earth, moving in its orbit around the Sun. Due to the Earth's axial tilt, the course of a year sees the passing of the seasons, marked by change in weather, the hours of daylight, and, consequently, vegetation and soil fertility. In temperate and subpolar regions around the planet, four seasons are generally recognized: spring, summer, autumn and winter. In tropical and subtropical regions, several geographical sectors do not present defined seasons; but in the seasonal tropics, the annual wet and dry seasons are recognized and tracked. A calendar year is an approximation of the number of days of the Earth's orbital period, as counted in a given calendar. The Gregorian calendar, or modern calendar, presents its calendar year to be either a common year of 365 days or a leap year of 366 days, as do the Julian calendars. For the Gregorian calendar, the average length of the calendar year (the mea ...
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