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VALUE OF OLD COINS.
Why Collectors Pay Great Sums for
New York Times.
'While the knowledge is fairly gen
eral that many old coins command
high premiums." said a coin dealer the
other day. "still there are very few
who understand why certain coup
are worth nore than others. The
majority of people wrongly think
that the value of a coin depends upon
its age, the result being that every
coi coming into their possession
mo1re than fifty years old is carefully
l;id away for some future time when
th-re may be a demand for it. The prin
ci:al reason for a large premium on
a coin is its scarcity. The date has
no;thing whatever to do with it.
There are plenty of Roman coins
th.usands of years old. in good con
dit;on: which can be bought for 25
cents, while a New Jersey cent issued
in the latter part of the Revolution
will bring $700. It is due to the fact
that there are only eight 1804 dollars
in existence that those coins are
worth from $1,200 Up to any figure
one chooses to pay for them.
-The, next thing in importance to
the issue. of a com is its condition.
And upon this really rests the value
oi the coin. The average collector
has very little use in his collection
for a worn or mutilated coin, no mat
ter how scarce it may be. Here, for
instance is a 1794 dollar, badly worn,
which will bring hardly anything
while one in good condition is worth
ully $300. There - are, of course,
other reasons for the increased value
of a coin, and one of these is illus
trated by the experience of a wealthy
Massachusetts coin collector: The
collector. impatient to finish his col
lectidn of territorial coins-that is.
coins inade by mining companies and
-private firms in the west during the
years immediately following the gold
discovery in California-advertised
fo- the coins he needed to complete
his set. Of these gold coins there
are nearly oo pieces. ranging in face
value from $2.50 up to $5o. Of this
number he had already obtained about
z6o. and needed about forty more to
complete the series.
"As soon as the dealers and those
holding these coins learned that there
was somebody anxious to get them,
the prices went up with wonderful
rapidity. Any of the coins before
the advertisement was published
could have been bought under Sioo.
But the premium soon went over this
figure, and increased until as much
as $250 was demanded for a single
coin. The collector bought them as
they were offered, however, notwith
standing the increased figure at which
they were placed. Finally a coin deal
er in the city secured one coin for
$75. and another for $250, which were
especially sought by the collector, and
then advertised their sale at auction.
The advertisement attracted the at
tention of the collector. wvho was
promptly on hand on the day of the
"When the coins were offered the
.bidding was spirited. and the coins
were finally knocked down to a
youngish - looking man for
$500 apiece. Promptly paying cash
for his coins, the young man at once
left the auction room. He was soon
afterwards followed by the coin col
lector, and the -stupposition is that the
collector finally secured the coins
from the young man. The whole af
fair had much the appearance of ficti
tious bidding that takes place at the
a.uction sales around towvn, where
by collusion between the auctio.neer
and a paid bidder, the 1,rice of an
article is bid up until it reaches a
satisfactory figure. As $500 was the
last price paid for these two coins.
that figure will now stand as the list
THIS STATE'S SECESSION.
Original South Carolina Document is
A dispatch from Belvidere, N. 3..
to the New York Times says:
* Accident has brought into posses
sion of Mrs. John Robinson of this
place a time-staitted document, which
in spite of its faulty construction, is
regarded as South Carolina's original
ordinance of secession from the
union. Mrs. Robinson found the pa
per under the backing of a picture
fr'ame she bought a: a recent sale.
The picture is said to have been
brought to the north by an old union
soldier. It is the theory that the re
cord was stolen from the state house
at Coltumbia and pokedl away in the'
picture frame for hidig. The docu-I
The State of South Carolina: At a
convention of the people of the state
of South Carolina. begun and holden
at Columbia on the 17th day of De
cember. in the year of our Lord
eighteen hundred and sixty. and;
thence continued by adjournment to
Charleston. and there by divers ad
journments to the 12th day of De-1
cenber in the same year.
An ordinance to dissolve the union
between the State of South Carolina
and other states united with her un-,
der the compact entitled, "The Con-"
stitution of the United States of''
We. the people of the State o1
South Carolina. in convention assem
hled. (o declare and ordain. and it
is hereby declared and ordained, that
the ordinance adopted by us in con
vention on the 23d day of 'lay. in the
year of our Lord seventeen hundred
and eighty-five, whereby the consti
tution of the United States of Ameri
ca was ratified. and also acts and
parts of acts of the general assem
bly of the state under the name of
the United States of America. is here
Done at Charleston on the 2oth day
of December. in the year of our Lord
eighteen hundred and sixty.
D. F. Jamieson,
Delegate from Barnwell and presi
dent of the convention.
About two hundred names are
signed after that of the president of
COSTS TO BE CARELESS.
Surprising Results of an Inquiry Into
the Reckless Methods of
The somewhat melodramatic if
not grewsome sound in the title
dead-letter office. the report of which
the government binds in a pink
cover (nearly red.) seems appropri
ate to the matter. This is informa
tion of the kind that the social stu
dent or historian of civilization
might find valuable. The number of
pieces of mail matter of all kinds that
came to the dead-letter office in the
last fiscal year was 10.153.528: this!
was an increase of 8 1-2 per cent over!(
the previous year. While the per
cent of increase necessarily dimin
ishes each year. the superintendent
says a comparison of the reports for
a series of years shows a heavy and
continuous increase each year; that is
we are getting more careless instead .
of lef so. About seven-tenths of
the total was ordinarily unclaimed let
ters. which shows an increase of 9 i
per cent over the previous year.
Ordinary letteis returned from for
eign countries increased i6o per cent.
Letters with a return address increas- i
ed slightly. There was an increase
of nearly 7 per cent in the number of
letters and parcels held for postage.
.\lisdirected letters-and here is one'
of the strongest arraignments of our :
intelligence-numbered 694.977. (this
did not include postal cards.) which
was an increase 01 20 per cent and
is unprecedented. And who would*
think that in the course of the year'
88936 persons had been so absent-1
minded as to mail matter with no ad- I
dress at all (and among it letters
with money, jewvels, etc?) But so it
was last year. In round numbers
abotit too letters a day last year wvere
posted without addresses.
Letters sent to hotels and failing'
of delivery numbered 310,196, and this
was a slight increase from the pre
vious year. There wvere 11,075 let
ters and packages sent to fictitious
addresses; this was a decrease from
the year befor.e of nearly forty thous
and. but in that year there had been
transient causes. (what, the superin
tendent does not say.) a phenomenal
increase of more than forty-five
About the same amount of money
went astray as ini previouis years
45.634.o4. It came in 51,146 letters.
Besides this, there was $493,563-4
65 in drafts. money orders, checks.,
etc. There were deeds, wills, pension:'
certifcates, insurance policies and
such things that found their wvay to
the dead-letter office. Nearly threei
million' pieces of matter were held!'
awvaiting delivery.or filed because they
could not be dlelivered, and this was.e
an increase ,i about 175.ooo. The
~rea: anmo'unt of this matter is due
Sthe faih:re of the wvriters to give
their names and addresses and the .
sending of advertising and printed<
matter utnder seal: (which must be
destroyed:) also, because a large per
cent of the parcels do not contain:<
mercands, u cai taloges and th
like, medicines and perishable arti
:les. which must be destroyed."
Among other things that went to
:his postoffice graveyard were 80,039
photographs and 249,255 pieces of
ma.tter in which there were postage
;tamps-an increase of nearly 10 per
:ent. Here is another curious thing:
rhere were separated from letters
n the mail and found loose in the
nail and in postoffices $5.821.go worth
>f stamps that could not be returned.
[If it is any consolation to those of us
vho have waited for "the letter that
iever came." it is to be noted that the
;uperintendent says that about 7.500
nainscript commuications were rt
:eived by the office pertaining to the
reatnent of mail matter.
A QUEER LETTER.
k North Carolinian's Epistle To a
A gentleman the othes day handed
is the following letter, which we re
-roduce. omiting names. The letter
s dated Concord, N. C., Feb., 19.
9go4. and as you will see, is addressed
:o "Dear Bill." It was neatly type
vritten on stationary used by a large
:otton miling firm of that place.
Dear Bill: Your letter asking me
or a loan of $5'oo to hand. I am sorry
o say I have not got the money. Since
vriting this letter I have borrowed
3o from a friend of mine and will
et you have the five but you will have
:o wait until my next letter as I
iave already mailed this one and can
iot get it out of the postoffice.
You say that you are surprised to
iear that I am alive as you heard I
vas dead but it was another fellow. I
cnew it was not me the moment I
-ead it. Speaking of deaths, your old
riend Con "Murphy was murdered last
ight in bed for his money: but lucky
or Con he put his money in the bank
he day before. We have reasons to
)elieve he is not killed and will not
)elieve him dead till we hear it from
lis own lips.
I thank you for the elegant pair of
>oots that you sent me but they are
ntirely too small. I do not think I
:an get them on until I have worn
hem several times. In return for the
)oots I have sent you by this day's
xpress. a fine Irish freeze overcoat
mnd as the express company charge
y freight I cut the buttons off to
ave expense. You will find the but
ons in the top pocket of the coat.
'or fear you have not a hatchet han
ly to open the box with I have
acked one with the coat.
Your Uncle Mickey Dew died very
uddenly last night after a lingering
lness. The doctor who attended
tim said he never had a patient who
ook medicine any easier than your
mecle, and he himself said he had a:
oon take the medicine as whiskey
>ror'ded it has the same taste. The
'd man said if he could only get well
e was sure he would fee! better, but
fter he breathed his last the doctor
ave up all hopes of recovery.
It would have done 'your heart
ood to have heard the funeral ser
ices they preached about him. I
ave since thought what a pity it was
hat hie did not live a little longer so
e could have heard it himself.
It is very important that you should
~et this letter, so if you have moved
rom the house you are ngw living
n be sure and have it forwarded to
he place you have moved to, and if
rou don't get this letter let me know
mmd I will write you another.
With the greatest animosity,
P. S.-I hope -you are enjoying
rourself and coining money. Write
o me occasionally. What about that
Not One Left.
When Mliss Lucy wanted particu
arly fine chickens she always drove
>ver to see old Aunt Etta, who had
scrap of farm, and made a specialty
>f raising chickens for the quality
One day, as the lady stopped in
ront ot the cabin. Aunt Etta came
~ut and hung over the gate.
"Chickens!" she exclaimed. in an
wer tQ .her customer's .request,
cliicena! iy, law. Mliss Lucy. don't
ou kN~ there's been a preachers'
onm1erence dIown here? WVhy. I
aven't one ef1icken left. They're all
lone entered the ministry."
Of the 12,703 newspapers and peri
>dicals published in Germany more
han 27 npe cent ae in English.
' 14 VW -
Are my long suit. I make any kind
* except bad ones. I furnish a new*
stamp and an indellible pad for mark
ing linen for 40 cents. I have some.
+ other good things. J. WILSON GIBBES, +
Typewriters', Office Supplies, etc.
+ 1334 Main Street, Columbia, S. C.
HUDGENS BROS.,' LAURENS, S. C.
Foundry, Machine Shops and
We are selling agents for the Rapid Fill Hay
Press, which has proven to be the best press
on the market at the price. These Presses
can be seen at Mr. G. M. B. Epting's cotton
We now employ one of the best Architects in the
South, and are prepared to furnish Plans and Specifi
cations to any who contemplate building.
.......... ......... .....
Full line of Castings and supplies kept in
The mail puts you next door to us.
HUDGENS BROS............ LAURENS, S. C.
STOP AND READ
* Wanted purcha3ers at our store for the cheapest line of new
+ and up-to-date furniture and house furnishing goods ever
+ op- A in this city. Room suits; Beds, Dressers, stores, pipe *
+ an. all kinds of stoveware, Crockery, Glassware, Lamps, *
* Window glass from 8xio to 36 inches. Don't fail to see our
* stock of wall paper, feather beds and feather pillows. We will +
* sell you these goods cheaper than any one in Newberry.
. Shelley, Dean & Summer,
Newberry Hardware Co's. Old Stand, Main St.
To remind our friends that we carry the very best flour - l aan
Loose Buckwiieat. ~ Raisins. Nu
Figs. Dates. Grated Cocoanuts. Cranberries
Mince Meats, etc.
DAVENPORT &e CAVENAUGH
.Phone 1 10. Main Street.
. 3. .MILLINERY .. .
* We beg to call your attention to the -
ft that we have just opened up~ a new*
+line of Millinery.
K Our line of Dress Goods is complete *
+In every respect.
* We are "U p-to-date"~ on Notions.
* Novelties, Etc.
* We invite the public to call and in- ~
+ spect our line of goods before buying.
3MRS. S. W. CALMES,:
* PROSPERITY, S. C.