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Michele Orzano

Paper, Ink and Steel

Michele Orzano

Michele Orzano, senior editor, paper money, is responsible for the vast majority of Coin World’s paper money coverage and edits Paper Money, a section of the monthly Coin World. She joined the Coin World staff in 1985, and in addition to paper money, has written extensively on legislative and legal topics, including Coin World's ambitious coverage of the 50 State quarters circulating commemorative coin program.


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Archive for 'December 2014'

    With paper money, tiny details lead to big adventures

    December 11, 2014 5:50 PM by

    Often a design on a piece of paper money can lead you down a trail of adventure without ever leaving your desk.

    That is exactly what happened when I saw an obsolete note issued by the Treasurer of Lyons City in Iowa. The note was offered by Lyn Knight Currency Auctions during the recent 29th annual National Coin & Currency Convention Nov. 19 to 23 in Rosemont, Ill.

    The note was graded Choice About Uncirculated by the firm and sold for $125 (not including the buyer’s premium).

    The $5 note was issued on Nov. 2, 1858, and is signed by George Burton, as city recorder, and J.T. Wilson, mayor the town located on the banks of the Mississippi River in Clinton County. Iowa joined the Union in 1846 so this note is from the early days of the state and depicts what looks like a harvest scene.

    A closer look at the long stalks and the shape of the leaves caused me to wonder what kind of crop the men and women were harvesting.

    After a little bit of research I discovered they were harvesting hops—a flavoring ingredient in beer. Hops, the flower of the plant, look like small green pinecones. The plants are grown on a wire trellis system connected to 20-foot tall wooden poles. The plants produce tendrils, like grapevines, that wrap around the trellis lines and help the plant grow upward.

    But why hops? It all made sense when I learned a bit more about that part of the country.

    German immigrants began arriving in Iowa in the 1840s, according to Iowa History Online. By 1848, more Germans followed due to political unrest throughout Europe. The towns of Keokuk, Burlington, Muscatine, Davenport, Lyons, and Dubuque were the favored destination settlements for Germans.

    So imagine, you are far away from your homeland. You miss the culture, the foods and, the drink, you knew so well. These German farmers quickly found the Iowa soil to be welcoming to hops.

    In 1854, Iowa passed a prohibition law, but like other alcohol prohibition laws it was not enforceable. In 1858, the law was amended to allow the sale of beer and wine made from fruits and grains in view of the growing German-American community.

    Hops have had a resurgence in Iowa over the past several years as a number of micro-breweries continue to crop up across the state.

    Just another example of the importance of paying attention to tiny, sometimes seemingly unimportant details in the paper money designs.