I was seven and had a leather purse full of silver dollars, both of which, the purse and the coins, I considered valuable. I wanted them stored in the bank. At the time, the bank had an imposing landmark status in my map of the world, in part because it shared the same red brick as the public school, the two most substantial buildings in our town. As a Catholic school kid I did a lot of fundraising in the form of selling candy bars, Christmas stamps and fruitcakes, and my favorite spot for doing business was outside the bank, on Friday afternoons, because that was payday. Working men came to deposit their checks and left the bank with a little cash for the weekend. Today, that ritual is nearly gone, its rhythms broken, except for people on welfare, who still visit banks and pack into lines, waiting for tellers, the first of every month. But back then I’d set my box of candy on the sidewalk and greet customers, holding the door for them like a bellhop. Friends of mine with an entirely different outlook on life tried to sell their candy at the grocery store, but I figured that outside the supermarket people might lie or make excuses, claiming to be broke; but not here, not at the bank, for reasons that seemed obvious to me: this was the headquarters of money. Most of the men were feeling flush and optimistic, flush because they were getting paid and would soon have money in their pockets, optimistic because the workweek was over and they could forget what they had done for the money. On their way in I’d ask if they wanted to buy a candy bar and they’d dip a nod and smile and say with a jaunty promissory confidence that I should catch them on the way out. And I did. I sold candy bars like a fiend. Year after year, I won the plastic Virgin Marys and Crucifixes and laminated holy cards that were given away as gifts to the most enterprising sales-kids at school. I liked the whole arrangement. On those Friday afternoons and early evenings, I always dressed in my salt-and-pepper corduroy pants and saddle shoes and green cardigan, a school uniform that I believed made me as recognizable to the world as a priest in his soutane, and I remember feeling righteous, an acolyte doing God’s work, or the Church’s. Money touched everyone in town, quaintly humanizing them, and I enjoyed standing outside the bank, at the center of civic life. This was my early education into the idea of money.
My hand will always remember the density of those silver dollars, the dead weight as I tumbled them back and forth, the dull clink as the coins touched. The nature of that weight offered a lesson in value too; you knew by a sense of the coin’s unique inner gravity that the silver was pure, that it wasn’t an alloy. Holding the coin in your palm you felt the primitive allure of the metal itself, its truth. Years later, I would pay for college by fixing washing machines and dryers. I was a repairman for a company that installed coin-operated machines in apartment buildings and laundromats. We had collectors in the field, men who worked set routes, hitting laundry rooms all over the city, emptying the coin boxes into canvas sacks. Late in the afternoon they returned to the shop and delivered the dirty bags to the counting room. The coins were filthy, turning everything they touched the lugubrious gray of pencil lead (you see the same graphite stain on the fingertips of people who play slot machines compulsively). The counting room was a dingy, windowless, fortified cement vault in back of the repair shop. Inside was a conveyor belt and a slotted metal chute and a machine for sorting the coins. A woman named Laurel did all the counting. She was thin and pale and her hair was limp and she wore black-rimmed glasses and a flowered smock that seemed a peculiarly sad flourish in that colorless place. She was a drudge in the operation, and unconsciously I equated her plain looks with honesty, her weak sexual presence with a lack of guile. Every afternoon thousands of dollars worth of coins slid across her tray. The metallic droning of the coins was mind numbing, and yet this woman, hearing the slightest deviation in that monotony, would toggle a switch and stop the belt, poke through the money in the chute, and pluck out the one silver coin — a Mercury dime, or a Washington quarter that predated copper-nickel composition — and replace it with one of her own. Thus in a matter of seconds she would make between a hundred and a thousand percent on her investment. One day she invited me into the counting room and demonstrated all of this, tapping a quarter against the tray, trying to teach me the subtle difference between the sound of a standard and a silver coin, and I never thought of her the same afterwards. The racket of those rattling coins was hellish in the confinement of her concrete bunker, but this pallid, dreary woman had a keen ear for that one true thing, the soft dull sound of silver as it thunked against metal, and she would eventually amass a small fortune in rare and valuable coins.
My silver dollars felt like a fortune, assembled and protected and given value by an abiding faith, a loyalty to them. They were Christmas gifts from my father, one for every year of my life. My vague, instinctive resistance to the coins as legal tender — as pure purchasing power — added to their worth. Somehow I knew that I would never spend them, never convert them into baseball cards or Slurpees or rides at the Evergreen State Fair. I didn’t view them as vehicles for my desire; they were things in themselves, they held their own fascination, and I knew the continuing life of that fascination depended entirely on taking them out of circulation. As they lost currency, an element of worthlessness thus entered into my idea of money, an aesthetic dimension. I understood that their value increased the more they sank into the past, and because of this the coins had some of the quality of buried treasure. At that age, I lost things, I broke them or outgrew them, my interests changed, but I guarded those seven silver dollars jealously, aware of the link between their personal interest to me and their significance in the world. The coins had very little real toy value. I couldn’t throw them or use them to improvise scenarios of valor or heroism; and I couldn’t include anyone else in my play, as I did with my guns and Tonka trucks. I kept the coins in a leather purse that was shaped like a boot, a souvenir my father brought home from a trip to Tucson, where he had presented a paper at an academic conference; the boot zipped shut, and MEXICO was printed across the sole. I hid the purse in the bottom drawer of my dresser, stuffed beneath clothes I no longer wore, but then there was a moment in which I decided it was time to put the whole thing — the boot-shaped purse and silver dollars both — in the bank.
The only times I’d actually been inside the bank were in the company of my father, who, among other things, taught business finance. In back of the bank was the vault, the door a polished steel slab with a spoked wheel such as you would find at the helm of a ship, and inside the vault was my father’s safe deposit box. He kept important papers in the box, insurance policies and a few stock certificates that must have had sentimental value, as either early or important trades he’d made in his career, because normally a man with my father’s acumen would have held the issues in their street name. Also in the box, he kept an ornate silver watch and fob and penknife, a beautiful set stored in a case lined with crushed green velvet. It had belonged to his father, a man I’d never met. My father would set the watch on the table inside the vault and let me play with it while he shuffled through his papers, always telling me that his father had given it to him, and that he, in turn, would pass it on to me, when the time was right. Imagining that far-off juncture thrilled me, in large part because it implied that my father knew the future, and that he’d considered my place in it. I had only recently learned to tell time, and my sense of it was shaky, but I would pull the crown and adjust the delicate black hands until they closely matched those of the bank clock, then I would wind the stem and hold the watch to my ear, listening as the seconds ticked away inside.
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