Seated quarter in the beanfield!

[Goes4ever]

was a slow day at work so I turned in a vacation day and hit the bean field! First 4 hours produced nothing but scraps, horrible site. Although I did dig my first ever jew harp there, thought that was cool. Drove down the road to a site I hunted hard last year, but it had messy corn stalks in it. This year it was a nice smooth cut bean field. Second signal I got was a 12-47 solid on the etrac, I was hoping large cent, but to my surprise it was a 1877 seated quarter! Also got a rough 1892 V nickel, some buckles, a cufflink, tons of lead, and shotgun shells. Good day in my book! The seated quarter has a lot of dings and scratches from 100 years of plowing, but this guy is NOT complaining!

 

[Jeff (or)]

Some very nice finds, that seated quarter is sweet! CONGRATS! Jeff

 

[geodehunter]

Congrats on the Seated Liberty Quarter and the V Nickel Terry.

 

[duggr]

The 1870s saw a significant economic depression in Europe. The effects of this reached the United States on September 18, 1873, with the failure of banking firm Jay Cooke and Company. As Cooke was the country’s top investment banker, the principal backer of the Northern Pacific Railroad as well as a prime investor in other railroads, and as the company which had handled most of the government’s wartime loans, its failure was catastrophic. In response, the U.S. economy sputtered and then collapsed. Shortly after Cooke’s demise, the New York Stock Exchange closed for 10 days, credit dried up, and foreclosures and factory closings became common. Of the country's 364 railroads, 89 went bankrupt, and over 18,000 businesses failed between 1873 and 1875. Unemployment reached 14 percent by 1876, while workers who kept their jobs were employed for a mere six months out of the year and suffered a 45% cut in their wages to approximately one dollar per day.[1] This economic cataclysm is now referred to as the Panic of 1873.
While the public blamed President Ulysses S. Grant and the United States Congress for mishandling the economy, in particular Grant's monetary policy of contracting the money supply, the causes of the panic were actually much deeper. With the end of the Civil War, the country experienced feverish, unregulated growth, especially in the railroad industry, with the government giving massive land grants and subsidies to railroad companies.[2] Thus, the massive overbuilding of the nation’s railroads, and the over investment by bankers of depositors’ funds in the railroads laid the foundation for the Panic and the depression that followed. A full economic recovery was not seen until 1878-79.



[size=large]One Dollar a day for 12 hour work! That's 08.3 cents per hour or a little over 3-hours work for a railroad worker in 1877.
That would be like losing at least $60.00 for a railroad worker today...Depending on there Job[/size]

 

[Goes4ever]

The 1870s saw a significant economic depression in Europe. The effects of this reached the United States on September 18, 1873, with the failure of banking firm Jay Cooke and Company. As Cooke was the country’s top investment banker, the principal backer of the Northern Pacific Railroad as well as a prime investor in other railroads, and as the company which had handled most of the government’s wartime loans, its failure was catastrophic. In response, the U.S. economy sputtered and then collapsed. Shortly after Cooke’s demise, the New York Stock Exchange closed for 10 days, credit dried up, and foreclosures and factory closings became common. Of the country's 364 railroads, 89 went bankrupt, and over 18,000 businesses failed between 1873 and 1875.[citation needed] Unemployment reached 14 percent by 1876, while workers who kept their jobs were employed for a mere six months out of the year and suffered a 45% cut in their wages to approximately one dollar per day.[1] This economic cataclysm is now referred to as the Panic of 1873.
While the public blamed President Ulysses S. Grant and the United States Congress for mishandling the economy, in particular Grant's monetary policy of contracting the money supply, the causes of the panic were actually much deeper[citation needed]. With the end of the Civil War, the country experienced feverish, unregulated growth, especially in the railroad industry, with the government giving massive land grants and subsidies to railroad companies.[2] Thus, the massive overbuilding of the nation’s railroads, and the over investment by bankers of depositors’ funds in the railroads laid the foundation for the Panic and the depression that followed[citation needed]. A full economic recovery was not seen until 1878-79.



[size=large]One Dollar a day for 12 hour work! That's 08.3 cents per hour or a little over 3-hours work for a railroad worker in 1877.
That would be like losing at least $60.00 for a railroad worker today...Depending on there Job[/size]

wow that is incredible! thanks for posting that!!!!

 

[NebTrac]

Great job on the slow work day find Terry! Thanks for the pictures. Thanks for the histoy Duggr, great info.

NebTrac

 

[Dale(Ia)]

Nice Seated Q, Terry! Nothing wrong with the other finds, either!

 

[ironsight]

Seated's quarters these days are hard to find. Good job man!

 

[Mark in S.E. IA]

Very nice finds Terry, wtg

 

[AJ in PA]

Sweet Seated Quarter Terry !! Congrats.

 

[niterider_58]

Great find congrats

 

[floodplaindetector]

Very cool finds. I have never found a seated quarter. Just seated dimes so far so I can magine the thrill of seeing that.

 

[ChicagoJohn]

Great finds and NICE 1877 coin!

 

[oneguy]

Sweeeeeeet.....!!!!!!

 

[E-Trac-Ohio]

A big congrats on the Seated Quarter and other finds !