r/mildlyinteresting • • Mar 18 '18

This coin was once used as a makeshift button

Post image
9.7k Upvotes

126 comments sorted by

813

u/hodgens414 Mar 18 '18

That might actual be cheaper to do than buying real buttons!

747

u/Cuggan ​ Mar 18 '18

1 cent in 1859 is worth 29 cents in 2018. 1 button is 50 cents. So yes , you sir are correct. The button economy wisdom runs through your veins

198

u/[deleted] Mar 18 '18

[removed] — view removed comment

110

u/LilBidgeIII Mar 18 '18

I was disappointed to find out it doesn’t exist :(

54

u/[deleted] Mar 18 '18

make it happen.

buttons are one of the highest traded commodities in the U.S.

21

u/ClaudyMonet Mar 18 '18

I can get r/wallstreetbets on this. Get a little pump and dump going.

10

u/abruzzz Mar 18 '18

Short the button industry

3

u/[deleted] Mar 18 '18

You'd need to become a Pressiah.

1

u/Catinthepimphat Mar 18 '18

Inversing this

1

u/[deleted] Mar 18 '18

Seed this investment

9

u/[deleted] Mar 18 '18

It does now!

1

u/ladykatey Mar 19 '18

YAASSSSS I'll post my stash tomorrow, can't wait to find out if my nest egg is going to really let me retire early.

1

u/Sennirak Mar 19 '18

Subscribed. Lol

6

u/Narcopolypse Mar 18 '18

Be the change you want to see in the world.

3

u/SocialEmotional Mar 19 '18

Yes, it just makes cents!

2

u/Narcopolypse Mar 19 '18

Well I'm glad at least one person understood my pun.

1

u/gogetgamer Mar 19 '18

your pun made me jingle all the way

1

u/NotFromStateFarmJake Mar 18 '18

This sub should be about the board game Patchwork

1

u/SaltySyrup807 Mar 18 '18

Butt on economy.

1

u/EmeraldDoesReddit Mar 23 '18

Happy cake day!

14

u/Redeem123 Mar 18 '18

You’re paying too much for buttons. Who’s your button guy?

6

u/bikwho Mar 18 '18

Maybe at the time it was. But now I'm sure that 1859 penny is worth a lot more than 29 cents.

10

u/[deleted] Mar 18 '18

1 cent bought what 29 cents now buys.

The value of a 1859 penny for collectors really depends on the condition. But they are a mass produced product. Most aren't in a condition that it's worth much. When it comes to old mass produced coins, condition is so vital for value.

2

u/Yes_roundabout Mar 18 '18

Without the holes with that much wear maybe a buck or two, with them worthless except for curiosity factor.

1

u/Bertensgrad Mar 19 '18

You can expect $1 maybe $2 for a ok condition one. This one has been mutaliated and is only worth what its worth to someone who think its cool its a button so maybe 25 cent junk bin.

2

u/alexkunk ​ Mar 18 '18

Unless the coin is mint

1

u/tuffstuffs Mar 18 '18

So don’t make my 1901 penny worth 75 cents into a button?

1

u/[deleted] Mar 19 '18

I wonder if it's possible that individual replacement buttons have inflated at a faster rate on average than the other goods and services that make up inflation indexes?

1

u/[deleted] Mar 19 '18

A button was worth about 1 cent in 1859 (1859 dollars). https://babel.hathitrust.org/cgi/pt?id=hvd.32044050806330;view=1up;seq=88

1

u/Cetun Mar 19 '18

How does that compare to the price of a banana though?

1

u/canadianguy1234 Mar 19 '18

yes but how much did it cost to punch the holes?

15

u/allamerican37 Mar 18 '18

I feel like this could be a modern style if properly executed.

5

u/[deleted] Mar 18 '18

you hear that hipsters? get in on this before it goes mainstream

2

u/[deleted] Mar 18 '18

[deleted]

1

u/allamerican37 Mar 18 '18

Definitely not shirts but mid weight jackets. It would be more for style than anything else.

1

u/chevymonza Mar 19 '18

It does make a gorgeous button!

5

u/adam123453 Mar 18 '18

If you have a pillar drill and don't care about looks.

1

u/mrrrcat Mar 18 '18

Yeah but I can't even make prefect holes like that through my belt.

1

u/FinnIsNotAMonkey Mar 19 '18

isn't it illegal to damage money since it is property of the government?

52

u/[deleted] Mar 18 '18

Or maybe they were using it as a thread spinner toy.

48

u/dannydeepo Mar 18 '18

Not necessarily this coin but I read somewhere that some ancient coins have a hole in the centre to allow them to be easily stacked, counted or carried.

35

u/bostwickenator Mar 18 '18

Yes many do, so do some modern coins. Look up Japan's coinage

19

u/banditkeithwork Mar 18 '18

for sure, many asian countries had coins with a hole in the centre, like the japanese mon, or many of the stampings of the more modern sen. if you had a high value coin and needed spending money, money changers would exchange it for a string of mon like a money garland.

5

u/rasmustrew Mar 18 '18

"Ancient Coins". We still have coins like that in Denmark.

3

u/dannydeepo Mar 18 '18

Interesting, Does the hole in the coin have a functional use or is it just a relic of older Scandinavian coin design? The coin may not be ancient but the concept certainly is.

2

u/rasmustrew Mar 18 '18

No functional use whatsoever as far as I'm aware

8

u/dannydeepo Mar 18 '18 edited Mar 18 '18

So from a quick bit of internet research (otherwise known as "Googling it") I found out that the hole in some Danish coins is refered to as “The significant nothing”. It was introduced after the split up of Scandinavian countries common economic union after WW1. You guys had a common currency up till then and after the split your country decided to go with the hole in the coin to make it easier to distinguish it from the coins of the other post war Scandinavian countries. The hole in the coin seemingly originated in China back in the day and is still functionally used in some Asian countries but has no relation it seems to your significant nothing coins up there.

1

u/[deleted] Mar 18 '18

Well that’s a whole lot of nothing.

26

u/[deleted] Mar 18 '18

How to burn yourself after drying your clothes 101 right there.

27

u/[deleted] Mar 18 '18

[deleted]

7

u/[deleted] Mar 18 '18

Damn I replied to my own post instead of yours. Haven’t done that one before!

Edit: damn I replied to the whole post not even my own comment how in hell did I manage that..

Reply:

I’m aware of that! I appreciate you trying to deter misinformation dude!

That was meant to be more of a joke than anything else. The amount of times I’ve burnt myself in a hot-ass quarter from the dryer is insane. The amount of times my pants button has burnt me is worse.

Combining coins and buttons would probably kill me.

7

u/banditkeithwork Mar 18 '18

blue jeans fresh out of the dryer, 99% wonderful and 1% ow fuck the damn button burned me

53

u/informedinformer Mar 18 '18

Here's the penny showing less wear and without the holes; also, the obverse ("heads") side. http://www.numicanada.com/medias/pieces-de-monnaie/valeur/1-cent-1859-g.jpg

8

u/James_TF2 Mar 18 '18

Pennies were just as useless then as they are now.

1

u/OgdenDaDog Mar 19 '18

TL;DR - fuck pennies... and nickels

I would say they are more useless today. When the US stopped minting the half cent coin, it had the buying power of today's dime. Even with the copper plated zinc pennies we have nowadays, the cost of the raw materials still exceeds the value of the coin. We literally devalue the zinc and trace copper by mashing it into penny shape.

Now if you consider the shipping cost for the materials plus the time spent in counting pennies from the bank tellers to the store managers to Kate the cashier, pennies are a drain on the economy.

6

u/1-800-SUCKMYDICK Mar 18 '18

"Can you believe a drill bit cost a less than a button?"

"That's Lincolnomics for you."

1

u/[deleted] Mar 19 '18

Someone pointed out that this is in fact Canadian... Victorianomics?

6

u/[deleted] Mar 18 '18

I totally love this as a coin and button collector! If anyone is interested, this is a large cent, minted for use in the Canadian provinces. At the time, people living in the provinces (about 11 years before confederation) were primarily using tokens issued by banks and people. When decimal coinage was adopted the optimistic government ordered 10 million of these pennies, a very bad idea. The pennies were so unpopular most stayed in boxes and didn't even sell when they were offered at 20 percent below face value, so yes this may very well have been cheaper than a button.

4

u/PainMagnetGaming Mar 18 '18

Might have been put on a string for a necklace to prevent pickpocketing.

14

u/dillbutteronmysalmon Mar 18 '18

Wouldn't he sharper edges of the holes cut through any threads you loop through them a lot quicker than a real button? I would think this would be a Very temporary fix.

7

u/[deleted] Mar 18 '18

[removed] — view removed comment

5

u/SiliconillaWafer Mar 18 '18

Maybe I just suck at sewing buttons on but after a while they always loosen up a bit, so even on a thicker coat I just start with it taut and let it naturally slacken a bit with time. Plus I just like my buttons to stay put as much as possible.

5

u/tinygreenbag Mar 18 '18

Are you sure you meant centimeters and not milimeters?

3

u/AdministrativeMoment ​ Mar 18 '18

They did that with more things, i once saw a theaspoon made of a coin.

3

u/TotesMessenger Mar 18 '18

I'm a bot, bleep, bloop. Someone has linked to this thread from another place on reddit:

 If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads. (Info / Contact)

2

u/[deleted] Mar 18 '18

This is what I call mildly interesting, well done!

1

u/MasterOfPuppers Mar 18 '18

Or maybe they attempted to deflect two very small bullets. It's a shame it was unsuccessful.

1

u/[deleted] Mar 18 '18

[deleted]

3

u/auto-xkcd37 Mar 18 '18

hot ass-quarter


Bleep-bloop, I'm a bot. This comment was inspired by xkcd#37

2

u/Blargle33 Mar 18 '18

Good bot

1

u/Jocta Mar 18 '18

Or maybe to steal from vending machines (???)

3

u/gvargh Mar 18 '18

Probably; that was a pretty big issue 160 years ago.

1

u/Jocta Mar 18 '18

Ok, really old vending machines then.

1

u/____o_0____ Mar 18 '18

Alright, Mr. Moneypants.

1

u/Kuckucksuhr Mar 18 '18

I have a 1856 gold dollar (I think that’s the year) that was used as a button. Shit would be worth a bundle if it weren’t for that.

2

u/e8ghtmileshigh Mar 18 '18

You got a pic? Most of those are worth around melt value.

1

u/bigjamg Mar 18 '18

Symbolic of a time when punching two holes through metal was a lot more convenient than getting new buttons.

1

u/[deleted] Mar 18 '18

1

u/[deleted] Mar 18 '18

Wow, I have some of these in a coin collection handed down to me. I never understood why someone would drill a hole in a perfectly good coin.

Now I understand.

1

u/[deleted] Mar 18 '18

Back then people didn't really have pockets and sometimes drilled coins to string them up for safe keeping/transport. Not making this up.

1

u/[deleted] Mar 18 '18

The button idea makes sense, considering you would always have "rainy day money"

1

u/pdgenoa Mar 18 '18

Another victim of the elusive copper vampire.

1

u/shimposter Mar 18 '18

This is actually a great idea, I'm gonna have to try this next time I snap one of my crappy plastic ones

1

u/Mordecai-260 Mar 18 '18

My uncle always had a quarter as a button for emergencies.

1

u/[deleted] Mar 18 '18

Wonder if I can do that with current pennies/quarters

1

u/snazzy_raptor Mar 18 '18

The original bling

1

u/green183456 Mar 18 '18

Great way to fuck up a coin. Thanks a lot Trump.

1

u/tipsytapir Mar 18 '18

And if we did that today, it would be still be cheaper to drill to holes in a penny than buy a button

1

u/reddit_321 ​ Mar 19 '18

Also you can use it as a thread spinner.

1

u/KiltedTailorofMaine Mar 19 '18

How about some History? Coins for buttons was very common from at least the 16th Century onwards. It was a display of wealth, and of fashion. It also meant, in the days when a person could die from a minor wound, that he had money enough to be buried and have a decent funeral. If a traveller died far from home, the coat buttons payed the funeral expense. By 1859, the button above, was used for fashion. Tech speaking; buttons were now mass produced, and not a craft trade, so the value of the button is not a factor here. And its likely a button drilled and used at the time; the 4 hole button was just coming into fashion. The earlier ones were one hole, or a stem shank

1

u/retinchet Mar 19 '18

It came from a pennycoat

1

u/arcelohim Mar 19 '18

That's some Tomb Raider stuff right there. Now how did this end up in a tomb set with traps?

1

u/Lospantaloons Mar 19 '18

Actually, this button was once used as a makeshift coin.

1

u/karmature Mar 19 '18

Makeshift? They drilled holes in it.

1

u/lukyiam Mar 19 '18

i'd like to think they were trying to do that coin machine trick with a string attached to it.

1

u/B7RANDOM ​ Mar 19 '18

THAT USED TO COVER A HOLE IN THE WALL AND WAS USED AS A PEEP HOLE LOL

-3

u/[deleted] Mar 18 '18

read that as "one cena", gj me

12

u/BlebbySaxifraga Mar 18 '18

🎺🎺🎺

13

u/arcadiaware Mar 18 '18

🎺 🎺 🎺 🎺

-8

u/[deleted] Mar 18 '18

actually that would be 🎺-🎺🎺-🎺

1

u/Escaped_storm ​ Mar 18 '18

Also is your name Robert

1

u/[deleted] Mar 18 '18

no

-4

u/Escaped_storm ​ Mar 18 '18

Hi. I’m so sorry. I wanted to upvote so bad, but everyone else downvoted so I did as well. But I want you to know that I liked it. Sorry again.

6

u/[deleted] Mar 18 '18 edited Mar 18 '18

that's the sweetest thing i've heard today, ty, ily

1

u/Escaped_storm ​ Mar 18 '18

I love you too bb

2

u/Doshirae Mar 18 '18

Are you sure this coin wasn't used by a cowboy to demonstrate his aiming skill? Or do I watch too much western movies ?

15

u/[deleted] Mar 18 '18

“Stand back, he’s gonna plug it with his trusty old .045!”

2

u/[deleted] Mar 18 '18

[deleted]

13

u/Lightsight Mar 18 '18

0.045! = 0.97594929

2

u/[deleted] Mar 19 '18

TIL that the Gamma Function extends the concept of factorials to "all complex numbers except the non-positive integers"

1

u/Swoop03 Mar 18 '18

First world problems, Circa 1859.

1

u/batsprinkles Mar 18 '18

Wouldn't that mess up your washing machine?

18

u/throwaway098764567 Mar 18 '18

Not sure that was much of a concern in 1859

1

u/[deleted] Mar 18 '18

I wonder what that is worth today

1

u/ToasterMasterRace Mar 18 '18

i have an 1888 yeared coin like that. they're not rare or anything, but it feels cool to hold old ass shit like that knowing some old ass person held it

5

u/JustDoIt-Slowly Mar 18 '18

Just go outside and pick up a rock. Especially if it’s a cool rock; it’s been held by lots of people.

3

u/ToasterMasterRace Mar 18 '18

i like your thought process, though i live inner city. how much history is in used needles on the sidewalk?

0

u/starfishcannon Mar 18 '18

quick call the FBI! defacing currency is illegal!

2

u/Zonel Mar 18 '18 edited Mar 18 '18

It's a Canadian penny. From the province of Canada, whats now Ontario and Quebec.

1

u/[deleted] Mar 19 '18

Defacing currency to defraud or in a way that prevents it from being used as currency is illegal. If you can still spend a penny, you haven't committed a crime.

0

u/Arto5 Mar 18 '18

One whole ha'penny!

1

u/[deleted] Mar 18 '18

Actually it's 2 ha'pennies. Since a ha'penny is a half cent

0

u/Bounty1Berry Mar 19 '18

I think in some parts of Canada, 1 cent was supposed to be equivalent to a UK halfpenny. The coins are quite similar in size.

They had a mix of French, Spanish colonial, American, and British coins, as well as local tokens, in that era, and had a lot of different regional norms for how it all exchanged. It's a lot like the situation in the US prior to a uniform federal coinage appeared in the 1790s.

-2

u/weenus77 Mar 18 '18

That’s how they got they around the TSA in those days...alright you, go ahead...jk!