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1930's JETON / TOKEN / PFENNIG
2 MARK SIZE
ABOUT 10.6g
27mm
BRASS COMPOSITION
FACE DEPICTS A MATRONLY WOMAN / MOTHER
REVERSE READS:
HEDDERNHEIMER KUPFERWERK UND SÜDDEUTSCHE KABELWERKE A.G. FRANKFURT A.M. HARTGELD-MÜNZEN
LOOSLEY TRANSLATED
HEDDERNHEIMER COPPER WORKS AND SÜDDEUTSCHE CABLE WORKS A.G. FRANKFURT A. M. HARD MONEY COINS
COUNTERSTAMPED "8"
MAY HAVE BEEN A TRADE DOLLAR
LITTLE IS KNOWN ABOUT THE FORMER COMPANY
OF HEDDERNHEIMER
 

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FYI

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VDM Metals Group (formerly Vereinigte Deutsche Metallwerke) based in Werdohl, Germany, is a manufacturer of corrosion-resistant, heat-resistant and high-temperature nickel alloys, cobalt and zirconium alloys as well as high-alloyed special stainless steels. These materials are used in the chemical process industry, the oil and gas industry, aerospace, automotive and electronics / electrical engineering. VDM Metals operates production sites in Germany (Altena, Siegen, Unna and Werdohl) and the United States (Florham Park, NJ, and Reno, NV). The company employs about 2,000 people worldwide.

The original Vereinigte Deutsche Metallwerke AG (VDM) was founded in 1930 by the takeover of Heddernheimer Kupferwerk and Süddeutsche Kabelwerk AG in Frankfurt by Berg-Heckmann-Selve AG in Altena. The merger took place on the initiative of Metallgesellschaft, which was the main shareholder of Heddernheimer Kupferwerke since 1893 and also took over the majority of the new corporate group. The global economic crisis had forced a consolidation of previously competing companies.

The new company had a share capital of 30 million Reichsmark and had branches and manufacturing facilities in Heddernheim, Gustavsburg, Mannheim, Nuremberg, Cologne and in Altena, Werdohl and Duisburg. The group's companies remained independent under their previous name (e. g. Heddernheimer Kupferwerk GmbH), but the production program was redistributed by material group to the individual plants. In March 1934, VDM moved its headquarters to Frankfurt am Main. The incipient rearmament of the Wehrmacht skyrocketed the demand for light metal products. By 1939, the number of employees at VDM rose to 21,000, mainly due to the production of variable pitch propellers for aircraft of the Luftwaffe.
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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 related to numismatics (concerned with coins which have been legal tender), 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; thus, "out[side]-of-[the category]coins". Usually, the term "exonumia" is applied to these objects in the United States, while the equivalent British term is paranumismatica.

The words exonumist and exonumia were coined in July 1960 by Russell Rulau, a recognized authority and author on the subject, and accepted by Webster's dictionary in 1965.

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Numismatics is the study or collection of currency, including coins, tokens, paper money, and related objects. While numismatists are often characterized as students or collectors of coins, the discipline also includes the broader study of money and other payment media used to resolve debts and the exchange of goods. Early money used by people is referred to as "Odd and Curious", but the use of other goods in barter exchange is excluded, even where used as a circulating currency (e.g., cigarettes in prison). The Kyrgyz people used horses as the principal currency unit and gave small change in lambskins. The lambskins may be suitable for numismatic study, but the horse is not. Many objects have been used for centuries, such as cowry shells, precious metals and gems.
 
Today, most transactions take place by a form of payment with either inherent, standardized or credit value. Numismatic value may be used to refer to the value in excess of the monetary value conferred by law. This is also known as the "collector value." For example, a collector may be willing to pay more than $2.00 for a United States two-dollar bill, given their low circulation.
 
Economic and historical studies of money's use and development are an integral part of the numismatists' study of money's physical embodiment.

Etymology
First attested in English 1829, the word numismatics comes from the adjective numismatic, meaning "of coins". It was borrowed in 1792 from French numismatiques, itself a derivation from Late Latin numismatis, genitive of numisma, a variant of nomisma meaning "coin". Nomisma is a latinisation of the Greek ν?μισμα (nomisma) which means "current coin/custom", which derives from νομ?ζω (nomizo), "to hold or own as a custom or usage, to use customarily", in turn from ν?μος (nomos), "usage, custom", ultimately from ν?μω (nemo), "I dispense, divide, assign, keep, hold".
 
History of money
Money itself must be a scarce good. Many items have been used as money, from naturally scarce precious metals and cowry shells through cigarettes to entirely artificial money, called fiat money, such as banknotes. Modern money (and most ancient money too) is essentially a token – an abstraction. Paper currency is perhaps the most common type of physical money today. However, goods such as gold or silver retain many of the essential properties of money.
 
History of numismatics
Coin collecting may have existed in ancient times. Caesar Augustus gave "coins of every device, including old pieces of the kings and foreign money" as Saturnalia gifts.
 
Petrarch, who wrote in a letter that he was often approached by vinediggers with old coins asking him to buy or to identify the ruler, is credited as the first Renaissance collector. Petrarch presented a collection of Roman coins to Emperor Charles IV in 1355.
 
The first book on coins was De Asse et Partibus (1514) by Guillaume Bude. During the early Renaissance ancient coins were collected by European royalty and nobility. Collectors of coins were Pope Boniface VIII, Emperor Maximilian of the Holy Roman Empire, Louis XIV of France, Ferdinand I, Elector Joachim II of Brandenburg who started the Berlin coin cabinet and Henry IV of France to name a few. Numismatics is called the "Hobby of Kings", due to its most esteemed founders.
 
Professional societies organized in the 19th century. The Royal Numismatic Society was founded in 1836 and immediately began publishing the journal that became the Numismatic Chronicle. The American Numismatic Society was founded in 1858 and began publishing the American Journal of Numismatics in 1866.
 
In 1931 the British Academy launched the Sylloge Nummorum Graecorum publishing collections of Ancient Greek coinage. The first volume of Sylloge of Coins of the British Isles was published in 1958.
 
In the 20th century as well the coins were seen more as archaeological objects. After World War II in Germany a project, Fundmünzen der Antike (Coin finds of the Classical Period) was launched, to register every coin found within Germany. This idea found successors in many countries.
 
In the United States, the US mint established a coin Cabinet in 1838 when chief coiner Adam Eckfeldt donated his personal collection. William E. Du Bois’ Pledges of History... (1846) describes the cabinet.
 
C. Wyllys Betts' American colonial history illustrated by contemporary medals (1894) set the groundwork for the study of American historical medals.
 
Modern numismatics
Modern numismatics is the study of the coins of the mid-17th to the 21st century, the period of machine struck coins. Their study serves more the need of collectors than historians and it is more often successfully pursued by amateur aficionados than by professional scholars. The focus of modern numismatics lies frequently in the research of production and use of money in historical contexts using mint or other records in order to determine the relative rarity of the coins they study. Varieties, mint-made errors, the results of progressive die wear, mintage figures and even the socio-political context of coin mintings are also matters of interest.

 

 


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