BACK TO HOME PAGE

Revised July 2010

This is my own interpretation that follows Hibler and Kappen's book on So Called Dollars ("HK") first published in 1963 and republished in 2008. It does not involve the "monetary" so called dollars (HK777 through HK873), as they are not open to the interpretation problems that the commemorative pieces sometimes are . I suppose to some readers this discussion may seem a bit long-winded. Nevertheless, hopefully for some it will help to shed some light on this enjoyable but difficult to define area of numismatics. As a so called dollar collector I have never followed HKs guidelines to the letter, and I doubt the authors ever intended the book to be used that way anyway; but for the most part I think that the author's decisions, all things considered, were good ones. For me the book has always served as a good foundation for collecting these interesting and varied medals and tokens, and since it's publication in 1963 it has obviously been the major influence on everyone who has collected them.

A so called dollar is a medal or token that is commemorative in nature on at least one side. It should have a strong United States commemorative theme and measure 33 to 45 millimeters in diameter (size 21 to size 28 using the more traditional and somewhat less exacting method of measurement). Most collectors up to now stick with pieces made prior to around 1962 or so.

Using HK as a guide, the vast majority of so called dollars commemorate a "public" EVENT (world's fairs, town or state anniversaries, statue dedications, famous battles, etc.); however HK also included commemorative medals of the following:

  1. A famous American PERSON. Section C Part 2 beginning on page 145 of the 2nd edition of HK is supposedly the "famous persons" section, but many examples are scattered throughout the book, with the famous individual usually being associated with an event of some sort. Medals that solely commemorated the life or death of a president(or the anniversary of his life or death) were generally not included in HK (Examples). Presidential inauguration pieces were also not included. Presidential pieces were often included if the pieces also commemorated events such as World's Fairs, national anniversary events, or statue unveilings. The reason that many presidential pieces were not included was no doubt due to the relatively large number that exist, and to the fact that many had already been cataloged elsewhere prior to HK being published - Baker's book for Washington medals, King's listing of Lincoln medals for instance.
  2. A public PLACE. There are a number of undated souvenir pieces that fall into this category. Examples: HK343a, HK620, HK717a through HK730, HK753.
  3. A corporation or business organization. These pieces may be somewhat controversial, probably because of their possible advertising nature. I stick with corporate anniversaries. Examples: HK731 through HK749.

After both reading HK's introduction, and studying what is and is not in the book, the following assumptions can be made about what was excluded:

  1. no personal award medals, personal presentation medals, participation medals, or service medals. Examples
  2. no store card or advertising tokens. There actually were a few exceptions included in HK (read comments below about HK149, HK297, HK434, HK465, and HK733), but the number that were not included were far greater. Examples
  3. no political campaign medals or tokens, although the Bryan dollars (HK777 through HK786) could be considered exceptions in a sense.
  4. no school or college medals. Examples
  5. no numismatic coin club or coin convention medals. Example
  6. no calendar medals or tokens. Some are mechanical which is probably why ALL were excluded - akin to throwing the baby out with the bath water). There are not a whole lot of these anyway.
  7. no emergency money as mentioned in HKs introduction, but I personally do not know of any emergency money (script, tokens etc.) that could be confused with a so called dollar. Bryan money???
  8. no inaugural medals. I guess this might also include pieces from the 100th anniversary of the inauguration of George Washington, but I like to collect them anyway. (For those of you unfamiliar with George Washington 100th year anniversary inaugural pieces, such medals are listed as "Douglas" pieces in Chapter 28 of the "Baker" revision of Medallic Portraits of Washington 2nd Edition by Russell Rulau and George Fuld. William Baker originally published "Medallic Portraits of Washington" in 1885 when Washington medals were probably the hottest items in the numismatic marketplace. The book was later republished and revised in 1999 by Russell Rulau and George Fuld.)
  9. no marriage medals, personal anniversary medals, or family reunion medals. Examples
  10. no US Mint Assay medals
  11. no Betts medals. There are a few Betts medals that could probably be called the earliest so called dollars (Look at Betts 546 and Betts 617 - Baker 58), but like campaign medals, inaugural medals, US Assay medals, and many George Washington medals, Betts medals were cataloged before HK was published, and they have a long tradition of being called what they are called, and it is probably best that things stay that way. That being said, I have often been tempted to purchase a Betts 546 or 617 for my collection.
  12. no non-metalic medals were included unless the medal could also be found in metal. Example

Note that if one side of a piece had any of the above exclusionary themes, the piece was usually not included in HK even if the opposite side commemorated a public or special event etc.

The following themes were generally allowed in HK on one side of a piece as long as the opposite side commemorated a public event that was different or somewhat unrelated. These themes could be referred to as being "neutral" in nature, neither causing a piece to be included or excluded from HK on it's own accord.

  1. Fraternal organizations etc. These were not mentioned in HK's introduction. This includes Mason and GAR(Grand Army of the Republic) pieces. For examples that were included in HK, look at HK37 and HK46. For examples that are mostly fraternal in nature on both sides and thus were not included in HK, click Here. But also, read below about "Section C Part 3."
  2. Religious themes, organizations, and churches; once again not mentioned in HK's introduction. Examples: HK13, HK33, HK34, HK35, HK233, HK479, HK479a. For examples of strictly religious medals not included in HK, click Here
  3. Good luck themes. Examples: HK433, HK469, HK470, HK470a, HK474, HK474a, HK707.
  4. "Aluminum" the 'new metal" theme. Examples: HK159 through HK163, HK258, HK259.
  5. Presidents of the United States(as elaborated on above) Examples: HK30, HK32a, HK42, HK65, HK70a, HK70b, HK71, HK125a, HK136, HK145, HK146, HK244a, HK275, HK278, HK279, HK308, HK449.
  6. A trade token theme that states "good for $1.00" or something similar. There really are not a whole lot of these prior to the early 1960s. Although many "good for $1.00" tokens exist prior to 1960, very few, at least that I have seen, were made specifically for a public event, which are the only ones that would probably qualify in my view. Example: HK689. In the past I have heard some dealers say that HK689 should not have been included in HK because of it's trade token nature. I disagree. Imagine that you are a potential young numismatist walking the bourse floor and a dealer tells you that HK689 or a piece similar is not a so called dollar, but then tells you that a Lesher Dollar (with $1.25 on it) is the ultimate and "true" so called dollar. His next thought might be "Are coin people a little? crazy?"
  7. A blank reverse. This is pretty obvious. Examples: HK237, HK476, HK517, HK536, HK537, HK544 etc.
  8. A patriotic or political theme. This is a bit hard to decide upon, but usually patriotic or political themes did not in of themselves cause a piece to be included in HK, but some in section C of HK may fall into this category; and read about HK114 below.
  9. State and City seals.Examples: HK599, HK601, HK621 HK634 etc.
  10. There are no doubt others....

Another important note is that no holed or looped pieces were included, HK numbers 2 through 4 being the exceptions(The 1st edition of HK states numbers "1 through 3" which is a misprint).

With regard to many of the categories of pieces not included in HK, a quote out of HK's introduction is important: "Some of these latter subjects, of course, have achieved an importance of their own and either have been treated by competent authorities or are worthy of such attention. In other cases, the material proved too abundant to permit proper consideration here."

Lastly, to make things interesting, the authors of HK occasionally appear to have stretched or even broken their own rules, but there were often good reasons. What follows is a discussion of most of these pieces.

HK2-4: Although only found holed, it was included because of it's high historical and numismatic importance. It is the only Numismatic artifact from the 50 year anniversary of the signing of the Declaration of Independence.

HK8: This is a foreign piece that commemorates the Crystal Palace in London, not the Crystal Palace in New York, so perhaps the authors of HK should not have let this one in. It is obviously not of US origin or theme. Nevertheless, it is an attractive and desirable piece commemorating what some view as the the first Worlds Fair.

HK9-10: This event was held in Great Britain, but involved an American fighter with a large US following. Also, the medals were made in New York. There is also a companion piece with Thomas Sayers that is not included in the 1st edition, but is included in the 2nd edition.

HK35-36: A school medal on the reverse even though Hibler and Kappen's introduction specifically states "no school medals"; but it is also a bit religious("Baptist") too.

HK114: This piece never seemed to me to quite fit HKs criteria due to it's totally political/patriotic theme, but I never really questioned it's inclusion because of it's association with the U.S. Centennial Exposition. Then I read one of Joe Levine's comments in one of his PCAC auction catalogs that made me think that maybe this piece should have not been included at all(read comment in Free Study regarding HK114). It was evidently minted sometime prior to the World's Fair, and thus not associated with the fair at all.

HK149: Sort of "advertising" in nature on the obverse, but a worthwhile inclusion nevertheless.

HK296: This is a "corporate" commemorative, and perhaps it could have been included with others of a similar nature, but it also commemorates an important part of American western history.

HK297-298: Advertising in nature on the reverse. I'm sure that the reason this piece was included was because it is such a nicely executed and substantial medal, unusual for an advertising/store card type piece. It is also perfectly sized for a so called dollar.

HK353-356: This is the smallest so called dollar listed in HK (excluding the gold dollar pieces). It measures 32.1mm which breaks the minimum size rule of 33mm. It was no doubt included because of it's significance as an official world's fair medal struck by the US mint.

HK434: Advertising in nature on the reverse again, but was included anyway, I guess because the other side commemorates a world's fair. As stated above, there are a lot of other pieces like this one that were not included in the book that are advertising in nature on one side, and commemorate a world's fair on the other.

HK465 and HK466: Once again advertising in nature on one side.

HK534-541: Like HK149 in nature.

HK733: Obvious advertising piece on one side, and partially so on the other side too. There are actually four or five other varieties of this piece, but the one listed in HK is the only one that goes beyond a strict advertisement by commemorating the "100th Anniversary Mechanics Fair Boston". I wish the original authors were still alive today so I could ask them what their reasoning was for putting this piece in. Were they leaving the door ajar with the idea that maybe advertising pieces might be OK as long as they commemorate a public event on the other side? I guess we will never know.

HK755: A trade association piece, but without a date. Sort of unique I guess.

HK832: Obvious silver dollar design, but no one knows for sure why it was made. HK states that this is the most controversial piece in the book.

Section C Part 3: This is HK's "miscellaneous" section. Some of these pieces are difficult to classify. There are a number of pieces regarding America's participation in World War One. These all seem legitimate under HK's guidlines. The Denver 1905 piece(HK876) also seems perfectly legitimate. The Loyal League piece and the KKK pieces are both completely political/fraternal in nature and thus are a bit dubious, especially in light of the fact that no completely Masonic or GAR pieces were included in the book. Perhaps they were included because of their patriotic slant, or perhaps simply because they had not been cataloged elsewhere. HK877-891 are all political in nature, but were possibly included because of their association with Thomas Elder. The Swift pieces(HK905-907) are somewhat unique. Their inclusion I guess is obvious from the standpoint of their "dollar" theme. There is also an unlisted Standard Oil Company piece that is very similar. The reverses of HK483 and HK484 are also sort of similar. The United Nations piece(HK914-915) is an undated souvenir token of a place. It is also the only "spinner" in the book. The very last piece (HK916-917) is totally patriotic/religious in nature, commemorating God, freedom and the grand old flag.

NOTE about the new 2nd edition: There are a number of worthwhile additional pieces that were added to the 2nd edition of HK, but there are two pieces that were included that probably should not have been included. They are HK469a and HK474a. Both pieces are too small for inclusion, both measuring 31.9 mm in diameter. One should not get the idea that other pieces of similar size could also be considered so called dollars. Pieces of this size are so called HALF dollars, not so called dollars. Unlike HK353(32.1 mm) mentioned above, these pieces were neither products of the US Mint, nor official medals of a major worlds fair.

BACK TO HOME PAGE

© Copyright 2008 John Raymond