There are tokens and medals that honor his accomplishments. He received numerous awards. He was recognized as an outstanding citizen for all his accomplishments. As token collectors there is as abundance of material available for us.
The “Wizard of Menlo Park” from his days in New Jersey, Edison's Menlo Park laboratory had expanded to occupy two city blocks. Edison said he wanted the lab to have "a stock of almost every conceivable material". A newspaper article printed in 1887 reveals the seriousness of his claim, stating the lab contained "eight thousand kinds of chemicals, every kind of screw made, every size of needle, every kind of cord or wire, hair of humans, horses, hogs, cows, rabbits, goats, minx, camels ... silk in every texture, cocoons, various kinds of hoofs, shark's teeth, deer horns, tortoise shell ... cork, resin, varnish, ostrich feathers, a peacock's tail, jet, amber, rubber, all ores ..." and the list seems endless.
Over his desk Edison displayed a placard with Sir Joshua Reynolds' famous quotation: "There is no expedient to which a man will not resort to avoid the real labor of thinking." This slogan was reputedly posted at several other locations throughout the facility.
Edison moved from Menlo Park after the death of his first wife, Mary, in 1884, and purchased a home known as "Glenmont" in 1886 as a wedding gift for his second wife, Mina, in Llewellyn Park in West Orange, New Jersey. In 1885, Thomas Edison bought 13 acres of property in Fort Myers, Florida, for roughly $2,750 and built what was later called Seminole Lodge as a winter retreat. The building materials were pre-cut in New England by the Kennebec Framing Company and the Stephen Nye Lumber Company of Fairfield Maine. The materials were then shipped down by boat and were constructed at a cost of $12,000 each, which included the cost of interior furnishings. Edison and Mina spent many winters at their home in Fort Myers, and Edison tried to find a domestic source of natural rubber.
Due to the security concerns around World War I, Edison suggested forming a science and industry committee to provide advice and research to the US military, and he headed the Naval Consulting Board in 1915.
FUN Show 2021
Theme for the 66th FUN show: "GET YOUR KICKS AT F.U.N. 66
Thurs. January 7 Fri. January 8 Sat. January 9 Sun. January 10
10 AM - 6:30 PM 10 AM - 6:30 PM 10 AM - 5:30 PM 10 AM - 3:00 PM
The show in January is renowned for being the bellwether event on the numismatic calendar. With over 1500 dealers, Heritage Auctions, exhibitors and over 10,000+ of the most avid collectors, the FUN show kicks off the year on a high note. Make your plans early to attend this monumental numismatic event!
Check out the other tabs for further information about our FUN Convention.
Admission to the show is FREE to the public! Show attendees must first stop by the public registration booths and pick up their “HELLO” badge before entering the bourse floor. Go to: www.funtopics.com
Check out THE Q - WQBQ AM 1410
- "The Voice of Lake County" -
The Ocala Coin Club sponsors the 5:30 p.m. daily market report. The best in local radio. Listen from anywhere @ www.1410WQBQ.com
Webmaster's note: I apologize that the photos of the medals and pictures did not transfer to this site. I have attempted to make the article more readable and thank you for returning to this site to enjoy the articles. -Mark
A Guidebook of Civil War Tokens, 3rd Edition, by Q. David Bowers
The F.U.N. website if full of useful information. The A.N.A. Moneytalks programs are excellent sources. Consult our website library, or even our club's library resources. There are many places from which to secure knowledge. The best collector is an educated collector!
#2. Become an expert on grading. There are grading services that you can use and trust, but nothing beats your own ability to study and evaluate the coins you wish to purchase. The grading courses offered by the A.N.A., the programs offered at coin club meetings, and the ability to read and study coins at con shows can make you an exptert in grading the coins you like.
#3. Buy the best material you can afford. A coin in MS-60 may be worth $10, but in MS-65, 66, or 67 may be worth 10 or 15 times more. If you can't grade, you can't get the best coin. Coins vary in price but also in worth. Learn what is worth the money you choose to spend. Sometimes an AU-55 or AU-58 is actually better looking and worth more than an MS-61, 62, or 63. Pay attention and select the best you can afford, not the highest price in the dealer's case!
4. Don't play follow the leader. Stay away from "whatever everybody else is buying!" If it's popular, it's price is up but necessarily its value. Buy the unusual, the less popular, and buy with knowledge because you know its potential value.
#5 Be careful about new government sets. Not every new mint product goes up in price! More often, they go down! Watch what dealers feature in their ads and find the less promoted ones.
#6 Diversify your con collection. It's OK to have a specialty, but don't think that you can corner the market. Consider currency, copper coins, and gold. Maybe you can't buy as much, but if you spread your investment , and thus the risk, you will more likely make positive gains.
#7 Adopt a five-year plan. Don't buy today and sell next week. Unless you are a dealer buying everything at l wholesale or less, you will need as a collector, some time for your purchases to increase in value and minimize the risk.
Here is a capsule of seven steps to consider as you purchase and and increase your numismatic holdings. These may not make you rich, but they will help you reach your goal in coin investments!
[Material condensed from Ed Reiter's article in the May 1983 Coinage Magazine.]
Seven Steps to Smarter Coin investing
While we hear about the investment risks of all kinds but we hope that we can be successful when it comes to our hobby of coin investment. There is no way to eliminate ALL risk, but there are some ways to reduce the odds against you and maximize your potential gains. These seven suggestions are meant to help. The list is not inclusive of every situation, but there is some valuable guidance here.
#1. Learn all you can before you buy! Use the internet, buy books, read numismatic periodicals. Take in as much information as you can and then make decisions about what you are going to buy.
The first coin to carry the official motto of the United States is the two-cent piece. There is an extended story about the motto, the coin, and the events that brought it into existence. William Bierly wrote a tremendous book, In God We Trust, that is so carefully and thoroughly researched that you will improve your knowledge not only of numismatics, but also of American History.
The author grew up with the stories of his Great-Grandpas fighting in the Civil War. Bierly collected coins from pocket change. When he received his MBA from Indiana University, he worked in the finance industry. What is most impressive about this book is not the war stories of the Civil War, nor the politics of the of the war, but an independent and fresh look at the spiritual side and the religious climate of the war. He also discusses the financial and monetary changes because of the war. His discussion on national currency, the banking system, and the foundation of our modern banking.
This book is very enjoyable reading - as much detail as the reader wants - and sufficient chapters to cover the topic without compromising his theme and purpose. As an appreciative citizen of our national motto, there is a discussion of why the controversy with this same motto. The illustrations, the extensive notes, glossary and bibliography make this a great tool for further study and a well of information on several related topics.
Have you read the Fall 2020 issue of FUNTopics? Volume 65, Issue #3 has some of the best articles, fascinating topics, and interesting subjects of the year! It's super loaded with fantastic material. While you are sheltering-in at home, be sure and take the time to go to the website or read your magazine! Joshua McMorrow-Haernandez has done an excellent job as Managing Editor! It's worth the membership cost to get the four issues yearly!
Numismatics have discovered more and more information! This 3rd edition of the Guide Book of Civil War Tokens exceeds 500 pages! Another publication in the Guide Book family printed by Whitman Publishers, studies the variety and categories of Civil War tokens. Whether you prefer store cards or patriotic tokens, this book will help you discover and understand the history and composition of these pieces. A variety of photographs and extensive appendices help you discover your favorite or set you in search of that unusual piece to add to your collection. This is the ultimate volume to add to your library if you are challenged to collect, study, or simply become better informed about these tokens and medals. Read and enjoy!
Most boys choose heroes. As youngsters we discover there are sports stars and athletes that capture our attention and we dream of imitating them in our boyish proficiency of play. Based upon our exposure to television, books, or family activities, we fantasize that we will score the winning goal, the touchdown in the Super Bowl, hit the home run in the World Series, serve the ace on center court, or stoke the ace on the eighteenth hole winning the PGA tournament! Perhaps we cross the finish line on a dirt track, a Grand Prix course, the old Brickyard, or the Daytona 500. We envision ourselves walking on the moon, scaling the Himalayas, surfing the perfect pipeline off Hawaii, or winning the Tour-de-France. We dream, we daydream, we aspire to some personal greatness because of our heroes.
My heroes changed through my childhood and adolescence depending on exposure, my reverie, and my contact. Daniel Boone, Davey Crockett, Wyatt Earp, Willie Stargell, and Jack Nicholas took turns in my imagination and daydreams. As my family took vacations to places of interest in my boyhood state of Ohio and its neighbors, we visited historical and cultural sites, I discovered more and different heroes. Mad Anthony Wayne and I fought Indians, Oliver Hazzard Perry and I fought the British ships in Lake Erie, Abraham Lincoln and I visited Springfield, Washington, and Gettysburg. Most of those heroes became a part of my history and the fabric of my imagination. Two amazing men have stayed with me into my adulthood. A trip to Greenfield Village in Michigan introduced me to both. One was Henry Ford and the other was Thomas Edison.
ONE OF AMERICA'S HEROES - AND ONE OF MINE, TOO!
Edison became concerned with America's reliance on foreign supply of rubber and was determined to find a native supply of rubber. Edison's work on rubber took place largely at his research laboratory in Fort Myers, which has been designated as a National Historic Chemical Landmark. The laboratory was built after Thomas Edison, Henry Ford, and Harvey Firestone pulled together $75,000 to form the Edison Botanical Research Corporation. Initially, only Ford and Firestone were to contribute funds to the project while Edison did all the research. Edison, however, wished to contribute $25,000 as well. Edison did the majority of the research and planting, sending results and sample rubber residues to his West Orange Lab. Successful at last, Edison enjoyed the science, botany and success of formulating a new supply of rubber. He has been honored in so many ways and the larger medal is a reminder of his contributions as an inventor. He left a legacy of more than inventions; Edison married twice and fathered six children. He died in 1931 of complications of diabetes
I have shared one of my heroes with you. I could list his accomplishments but that would be a book, not an article. What I can say is that I have sought out Edison tokens whenever and wherever I can find them! It is now your privilege to find your hero and locate their tokens and medals. Who knows; maybe your hero will have a dollar made to commemorate them, too!
America’s Greatest Inventor, Thomas A. Edison was born February 11, 1847 in Milan, Ohio, and he died October 18, 1931 (aged 84) West Orange, New Jersey. He had to overcome the disability of near deafness. He succumbed to Scarlet Fever as a child leaving him deaf in one ear and severely restricted hearing in the other. He sometimes claimed that his hearing was the result of a railroad conductor that threw him off a train, or an experiment in one of his labs, or even that he had been picked up by his ears! His deafness contributed to his being ruled as “addled.” He was not educated in public school after a few months but was homeschooled by his mother. He was an avid learner and tackled his subjects with gusto!
He developed many devices in fields such as electric power generation, mass communication, sound recording, and motion pictures. As an inventor Edison developed a long-lasting electric light bulb. He added the phonograph, the motion picture camera, and principles of organized science in the first industrial research laboratory.
Edison worked as a telegraph operator in his earliest career. In 1876, he established his first laboratory facility in Menlo Park, New Jersey, where many of his early inventions were developed. He later established a botanic laboratory in Fort Myers, Florida in collaboration with businessmen Henry Ford and Harvey Firestone, and a laboratory in West Orange, New Jersey that featured the world's first film studio, the Black Maria. He was a prolific inventor, holding 1,093 US patents in his name, as well as patents in other countries.
The forward by American Numismatist and author Q. David Bowers along with both the publisher's preface and Bierly's own preface whet the appetite for an extensive and interesting read. Twenty chapters, illustrations and charts makes this a most contemporary and future classic in any numismatic library. Available through Whitman Publishing and other booksellers, it's time to collect more than just your two-cent's worth of history!
Compiled by: Mark Trout,
Webmaster and President of the
Ocala Coin Club
And a collector of type coins, Jefferson nickels, small dollars, Souvenir cards, interesting currencies, F.U.N. tokens, wooden nickels, and a hodgepodge of most other numismatic collectibles!