![]() There was a surge of hobo coin artists beginning in 1913 when the buffalo head nickel was released. It began in the 18th century and was used in countries around the worlds. Hobo coins art got its name because it was predominately used by hobos due to its low cost. For example, machines at amusement parks that flatten and then stamp pennies with a commemorative design are okay because no one could pass the flattened penny off for a real one. Is it illegal to deface a hobo nickel?Īs to the legality of hobo nickels, while it is illegal to “fraudulently” alter or deface a coin, the intent of the mutilation is important. Skulls/skeletons: A very common theme is skulls and skeletons. Fantasy: There are many preowned Hobo coins that include mermaids, fauns, and the loch ness monster. Religion: Lucifer, angels, and purgatory are some common design elements included on hobo coins. There are many preowned Hobo nickels for sale on eBay that include amazing mini pieces of art. While many types of coins were used to create these pieces of art, nickels were especially favored for use because of their size, thickness, and moderate softness. In retrospect, their value continuously increases as Hobo Nickel collectors and investors drive up the value of this form of art. Historically these coins were made by hoboes, itinerant workers, who often traveled by hopping freight trains. Hobo nickels are a fantastic investment, as they are a true collectible item, individually carved, signed by the artist and numbered. Little by little metal is shaved away or mounded to create a miniature bas relief sculpture. What is the purpose of a hobo nickel?Ī hobo nickel is carved as opposed to engraved. The coins are altered for artistic purposes with no intent for fraud so it is not illegal. CODE TITLE 18, CHAPTER 17, SECTION 331 Shall be fined under this title or imprisoned not more than five years, or both. What is a hobo Morgan Dollar? Are hobo coins illegal? These metal emblems (usually etched with initials or names) were given as gifts and often incorporated into jewelry. The Don H2O Haley Hobo Nickel Collection includes more than 1,100 of these charming carvings on Indian Head 5-cent pieces, including nearly 300 by classic-era carvers (pre-1940), with some. The History of Hobo Nickels The first altered coins date back to the 18th century in Britain, France, and South Africa, where people engraved “love tokens” into silver. The coin should feel smooth and you should not be able to feel the engravings. 3) A true HOBO Nickel shows wear on the cut lines, and and there is residue in the cuts. People who reproduce them get carried away with detail and there is usually a lot of beard hair. How can you tell if a hobo nickel is real?
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