Todays hunt had me doing "cartwheels"!

[RelicMedic]

Today's hunt had me doing "cartwheels"!

Hey folks. Put the E-Trac through its paces today and it served me well once again! Scored a coin that it totally toasted (no ID), an IH that has seen better days, not one, but TWO 1797 Cartwheel pennies!!!, a gold gilt button, a silver plated? button, silver plated spoon (1847), a kids military toy, buckle and a cool shaped whatsit. Wish I could have spent longer than 2 hours there! Thanks for looking. HH

 

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[Iron Patch]

Correction! I did find two cartweels on a shore hunt about 14 years ago!

 

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[CRUSADER]

Correction! I did find two cartweels on a shore hunt about 14 years ago!

I know, this is the problem I have, it may of happened to me 10 years ago & I never made a note of it. But it makes little difference, its still pretty uncommon anywhere.

 

[capt-zero]

Here's a little interesting tidbit about cartwheels. Great find!!!

The 1797 Cartwheel Penny, History and Inflation.
By Ozcopper

Click here to enlarge

The 1797 cartwheel penny is an important coin because it is the first coin made using a steam driven stamper, They were made by Matthew Boulton’s famous Soho Foundry in Birmingham.
Each coin contained an (Av) ounce of near-pure .999 copper. Thus we know copper was worth a penny an ounce in 1797. The weight of these coins also made them ideal as substitutes for weights in measuring produce, a task for which they were intentionally designed.

Australian Connection: In late 1800, The (ship) Porpoise arrived at Sydney Cove with almost 4 tons (£550 worth) of 1 oz., 1797 dated cartwheel pennies. The intention of the authorities was to stabilize the currency of the colonies.
In a bid to ensure that the coins were not immediately traded back out of the colonies, Governor King issued a proclamation, which effectively doubled their face value for use in trade within the colony and placed sanctions on their import into or export from the colony.

Purchasing Power: The inflation-adjusted purchasing power of the cartwheel penny is amazing! To buy the equivalent goods with one 1797 penny in 1998 would cost 6,829 pennies (Au $139.23) - even more in 2008 money as inflation is accelerating fast! (Source: House of Commons research paper 03/82 11th November 2003)
This valued a metric ton (32,150 troy ounces) of copper in 1797 at 223.26 pounds. Inflation adjusted for 1998 this equates to 1,524,642 pounds or Au $3,106,556 per ton. This start to make the current price of copper look cheap at around Au $9,000 per ton.

Click here to enlarge

Notes:
1. In 1797 there were 144 pennies to a pound this changed to 100 pennies to a pound in 1970
2. The 1797 price per ton is calculated by dividing 32,150 ounces by 144 pennies.
3. The inflation-adjusted price is calculated by multiplying the 1797 ton price by 6,829, the inflation adjusted price as per House of Commons research.
4. Currency exchange rates as of 20th May, 2008.

Read more: The 1797 Cartwheel Penny, History and Inflation.

 

[RelicMedic]

Great info!! Very interesting read. I'm gonna go see if I can nab a few more of those babies...but I only have about a 50'x50' area left, and some of it is dense woods. Slight possibility, but its a chance I'm willing to take lol! Thanks again for everyone's positive comments. Much appreciated!

Oh, and just a late entry, the IH penny...I can make out a date after boiling it in a pot of HP, then a soak in distilled water, then a short soak in olive oil...1859!! Will post a pick if I can get the camera to focus on the date. It's pretty shot. I think it was a fatty at one point lol

Here are the pics of the toy, as requested.

 

[CRUSADER]

Because they were so unpopular & only lasted 1 year, many people began to use them as kitchen weights, as they were exactly 1oz.

 

[Silver Searcher]

It's always a good sign when cartwheels come out the ground, it means likely that no one else has been there, two is even better, think I have done that once, one was counter stamped. Although all cartwheel pennies have the same date 1797, they were minted for several years...good score

SS

 

[Bill D. (VA)]

Those cartwheels are huge and are great finds. Never dug one of those. Nice hunt!

 

[monsterrack]

Great finds.

 

[Subterranean]

Hey Ace,
What a great score, congrats! Your WW1 Doughboy machine gunner is listed in my reference books as a:
Barclay #728, "Machine Gunner Lying Flat, cast helmet." It is circa 1935-1950.

His legs/feet used to extend behind him flat on the ground. He came factory painted khaki, flesh, and silver colors. Mystery about the reddish paint though...probably a "customization" by a kid many decades ago...happy hunting, Sub

 

[RelicMedic]

Thanks for the info Subterranean! Very cool that you can nail a description of it! Good job. There are quite an array of dates from that site. Interesting.

Do you suppose this one is from the same company and era?

 

[VERMONTIS]

Looks like a ace in the hole to me= ED

 

[Subterranean]

Thanks for the info Subterranean! Very cool that you can nail a description of it! Good job. There are quite an array of dates from that site. Interesting.

Do you suppose this one is from the same company and era?

Hi Ace,
Definitely same era as your soldier. If there are the words, "Made in USA" on the cannon barrel, then this cannon is also a Barclay, #BC1 "Cannon, barrel elevated." 1935-50's. It would have had metal "wagon" style wheels of a different color, probably red. Hope this helps, Sub

 

[FunWithTreasure]

Thanks for the extra pics that toy is real nice.

 

[RelicMedic]

It actually says made in Canada on the second one. The first one just says "Canada" on the barrel.

 

[jewelerguy]

nice wheels!

 

[Subterranean]

Hi Ace, I stand corrected, sorry. Breslin Industries, a toy company out of Toronto, Canada, produced hollow lead toy soldiers and accessories that were NEARLY EXACT COPIES of American-made toys from Barclay and Manoil...(no longer available in Canada during the WW2 war effort -lead shortage.) Still, you have some great pieces of Canadian toy history! Sub

 

[RelicMedic]

Thanks!!! It is gret to have a story behind these toys. I love them. It's funny because the Cartwheels are hidden in a cigar box, but the toys are displayed on my dresser lol. Thank you for your help Sub!

 

[augusthog]

Groovy finds!