The E-Sylum v9#29, July 16, 2006

[esylum at binhost.com]

Welcome to The E-Sylum: Volume 9, Number 29, July 16, 2006:
an electronic publication of the Numismatic Bibliomania Society.
Copyright (c) 2006, The Numismatic Bibliomania Society.


WAYNE'S WORDS

Among our recent subscribers are Ken Douglas, courtesy of Dick 
Johnson, John Agre, and Ben Costello.  Welcome aboard!  We now 
have 941 subscribers.

It's that time of year again - the American Numismatic Association 
annual convention is fast approaching.  We open this issue with 
information on literature exhibits and other NBS-related convention 
events.  

We also have a follow-up on the fabled 1849 Eckfeldt-DuBois book 
with California Gold samples, and learn about some other books to 
include gold samples. 

Reader queries this week include a request for a Wedgewood medallion 
photo and a recommendation for a book on the coin manufacturing process.  
As a result of some of last week's queries and articles, this issue is 
also loaded with articles and information relating to coin dies.  
Have a great week, everyone!

Wayne Homren
Numismatic Bibliomania Society


ANA CONVENTION EXHIBIT DEADLINE UPON US

NBS President Pete Smith reminds us that Monday, July 17, is the 
deadline for exhibit applications for the 2006 ANA World's Fair of 
Money in Denver, CO.  Remember, there is a special category for 
numismatic literature exhibits that the Numismatic Bibliomania 
Society helped set up.  The Aaron Feldman Award is given each year 
to the top numismatic literature exhibit.  For a list of past 
winners and information on exhibiting, see the Exhibits page on 
the NBS web site:
http://www.coinbooks.org/club_nbs_exhibits.html 

If you've been thinking about exhibiting it's time to scramble, 
but all you need to do NOW is fill out an application form and 
fax it to ANA headquarters.  You'll have until the convention 
begins to pull together and finalize your exhibit.  

See the American Numismatic Association's web site for copies of 
the exhibit application and rules.  Here's a direct link to the 
exhibit page:
http://tinyurl.com/h6jwf 

A few nice exhibits from past years are shown on the NBS web site.  
Here are the direct links:

First Photographic Plate in American Numismatics
Jim Neiswinter, 2002
http://www.coinbooks.org/club_nbs_exhibit_2002.html 

ANA Membership: The Printed Record
David Sklow, 2001
http://www.coinbooks.org/club_nbs_exhibit_member.html 

The Challenging Literature of A. M. Smith
Pete Smith, 1996
http://www.coinbooks.org/club_nbs_exhibit_amsmith.html 

The convention is a once-a-year opportunity to strut your stuff.  
Please consider sharing some of your library treasures and 
knowledge with your fellow bibliophiles and conventioneers!


NBS EVENTS AT THE UPCOMING ANA CONVENTION

NBS President Pete Smith writes: "The Numismatic Bibliomania 
Society will host a seminar at the upcoming ANA convention in 
enver. This is scheduled for Thursday, August 17, at 11:30am 
in room 710.

The first part of the seminar will be a panel discussion on 
literature treasures from the recent sale of the library of 
John J. Ford. The second part will be an open forum for researchers 
to discuss current projects and solicit help with resources. No 
prior registration is required. We encourage NBS members to 
attend and participate.

The official annual business meeting will be held on Friday, 
August 18, at 11:30 am in room 707. As in past years, we will 
have reports from officers, the presentation of awards for best 
article in The Asylum, and a benefit auction. Watch The E-Sylum 
for a preview of auction items as we receive them. We also 
encourage members to bring these items directly to the sale."


NUMISMATIC PUBLICATIONS WANTED FOR NBS GIVEAWAY

>From Ho Chi Minh City in Vietnam Howard A. Daniel III writes: 
"I have found a very few numismatic pieces to buy in HCMC and 
three old economics references.  But I have seen more than I 
want of counterfeit US dollar-sized coins from the 18th century 
to date for less than a US$1 each!

If anyone has unwanted numismatic publications of ANY kind, I 
will gladly take them to hand out in NBS's name at the ANA Shows.  
Ship them to me at my home, to the ANA Show, or bring them with 
you to the show.  Please contact me at HADaniel3 at msn.com.  I 
brought 92 publications with me to the 2006 Atlanta ANA and gave 
away 89 of them.  Many of them went to young collectors but most 
went to adult new collectors with a slip of paper that it was 
from NBS.  I will be at the 2006 Denver ANA with a club table 
for NBS, IBNS, NI and the Philippine Collectors Forum."

[I have a box of recent catalogs I'll give to Howard for the 
convention.  He is one of the unsung heroes of bibliomania, 
working tirelessly throughout the show to promote NBS and other 
organizations.  If you're at the convention, please stop by and 
see Howard, and more importantly, offer him some help.  It can 
be a fun break to sit and man a table and watch the world go by 
- you never know who'll you'll meet, and just maybe you'll 
recruit some great members.  If the Asylum and E-Sylum have 
given you many hours of reading pleasure over the past year, 
please consider giving an hour or two back to the organization.  
Howard can be contacted at Howard at SEAsianTreasury.com. -Editor]


AUGUST 2006 COLONIAL NEWSLETTER PUBLISHED

Gary Trudgen, CNL Editor writes: "The August 2006 issue of 
The Colonial Newsletter (CNL) has been published. 

In this issue we are pleased to present another important, 
in-depth study by award-winning author Dr. Louis Jordan.  In 
the summer of 2004, archeologists uncovered a lead token with 
the initials DK on one side in the town of Ferryland, Newfoundland.  
This token, which is dated to the 1640s, is a significant find 
because it may be the earliest known coinage produced in 
British North America.

Dr. Jordan's paper is a significant contribution to the study 
of numismatics in early North America.  His ability to dig out 
the facts from centuries past is impressive and his ability to 
present these facts in a well-written paper is equally impressive.  
As you read this paper you will learn from a numismatic perspective 
about life and the people who lived it in the New World.

Also included in this issue is a reprinted article concerning the 
1753 coppers crisis in New York City.  A proposed devaluation of 
copper halfpence resulted in heated controversy, confusion, and 
rioting.  The article, which is based upon information gleaned 
from the local newspapers of the time, presents both sides of the 
question.  As with most controversies, in the beginning emotions 
ran very high as the pros and cons of devaluation were publicly 
discussed, but with time the turmoil subsided as the majority 
of the people began to accept the devaluation.

CNL is published three times a year by The American Numismatic 
Society, 96 Fulton Street, New York, NY 10038.  For inquires 
concerning CNL, please contact Juliette Pelletier at the preceding 
postal address or e-mail pelletier at amnumsoc.org or telephone 
(212) 571-4470 ext. 1311."

[NOTE: A new cumulative index of the Colonial Newsletter through 
number 131 is available at:
http://www.numismatics.org/cnl/documents/cnlindex131.pdf


COIN MANUFACTURING BOOK RECOMMENDATION SOUGHT

Jerold Roschwalb writes: "I find your reports most interesting 
and useful.  I began collecting coins several years ago when I 
found that many, if not most, young people I encountered had been 
denied sound education in geography and world history.  I thought, 
as a former teacher, that my grandchildren would learn these 
subjects because they were interested in them without knowing 
it was an academic exercise. 

I now have several thousand coins from 150 countries and a variety 
of U.S. coins from different times.  Children are naturally curious 
and I know they will ask how the coins came to be not only historically 
but materially.  The Mint has some good stuff.  I found a brief 
pamphlet by Denis Cooper, published by Shire in England that is very 
good.  I now seek whatever else is available.  

I wonder if you can advise me on texts that describe in detail 
the manufacturing of coins from the making of planchets to the 
striking of proofs -- today and through the ages.  Thank you for 
your fine work and any assistance you may offer."

[I immediately thought of the Taylor Morrison book we discussed 
earlier in The E-Sylum.  I put the question to our resident minting 
technology expert, and here are his recommendations.  Any others?  
-Editor]

Dick Johnson writes: "Without a doubt, the first book to give to 
children is "The Buffalo Nickel" by Taylor Morrison (published 2002 
by Houghton Mifflin). This exciting book will stimulate children's 
interest in the subject and the field of coin collecting. Not only 
does it appeal to small fry but also to adults. 
 
Author Morrison did extensive research and got the technology of creating 
coins absolutely correct so it provides a quick overview for all of 
us. He applied this research to his illustrations as well as his text. 
The widespread appeal of the American five-cent coin (issued 1913-38) 
is verified by the fact that the U.S. Mint resurrected the 
Indian-Buffalo design for the gold $50 piece issued earlier this year!
 
Educator Roschwalb found the Denis Ralph Cooper booklet on "Coins and 
Minting" (the 1996 Shire publication). If you like this inexpensive 
32-page paperback you will also enjoy his full treatment of the subject 
-- "The Art and Craft of Coinmaking; A History of Minting Technology" 
(published 1988 by Spink & Son). Its 264 pages are the best in English 
on the subject. The author was chief engineer at the British Royal Mint 
and brought a lifelong professional experience to the subject.
 
If the kids like something close to a textbook, get a copy of James 
Wiles' "The Modern Minting Process" from the American Numismatic 
Association. It's like a correspondence course - read it take the 
self tests provided.
 
Other than these general books, it gets pretty technical in the 
rest of the literature. I like Walter Breen's "Dies and Coinage" 
in Hewitt's Information Series, and Richard Doty's "The Soho Mint 
and the Industrialization of Money." The latter is a tribute to 
Matthew Boulton who did more for the minting of coins and medals 
than any other individual in the world! He not only created a mint,
but also industrialized the entire minting process."

[I'd like to add that members of the American Numismatic Association 
can borrow library books by mail, so it's not necessary to seek out 
and purchase these works individually, which can be difficult for the 
out-of-print titles.  -Editor]


BOOK: THE SOCIAL LIFE OF MONEY IN THE ENGLISH PAST

Larry Mitchell forwarded a link to a web page for a new book, 
"The Social Life of Money in the English Past" by Deborah Valenze.

"In an age when authoritative definitions of currency were in flux 
and small change was scarce, money enjoyed a rich and complex social 
life. Deborah Valenze shows how money became involved in relations 
between people in ways that moved beyond what we understand as its 
purely economic functions. This highly original investigation covers 
the formative period of commercial and financial development in 
England between 1630 and 1800."

[The Blanche book was reviewed in the Friday, July 14 issue 
of The Wall Street Journal. -Editor]

For more information, see:
http://www.cambridge.org/uk/catalogue/catalogue.asp?isbn=0521852420


REVIEW: THE BIG PROBLEM OF SMALL CHANGE

Roger Burdette writes: "A word to your readers about "The Big 
Problem of Small Change" by Thomas J. Sargent and François R. Velde. 
This is an excellent book that will challenge the preconceptions of 
many. It is also densely packed with information and analysis, and 
not for the lighthearted reader."
 

BURDETTE ARTICLE ON AUGUSTUS SAINT-GAUDENS FEATURED IN COINS MAGAZINE

Bob Van Ryzin writes: "The September 2006 issue of Coins magazine 
features a lead article by Roger W. Burdette on Augustus Saint-Gaudens 
and his famous double eagle, based on the extensive research Roger 
did for his book, Renaissance of American Coinage, 1905-1908. 

The seven-page article focuses on the development of the high relief 
coins and is heavily illustrated, including photos of original plasters 
for the double eagle (courtesy of the Saint-Gaudens National Historic 
Site in Cornish, N.H.)."


BOOK: BLANCHE BRUCE, REGISTER OF THE TREASURY

Ron Benice writes: "A recently published book, "The Senator and 
the Socialite", by Lawrence Otis Graham is a biography of Blanche 
Bruce who was Register of the Treasury 1881 - 1885 and 1897 -1898 
and thereby a signer of U. S. currency.  He was born into slavery 
in 1841, became a United States Senator from Mississippi during 
Reconstruction and after being defeated for reelection was 
appointed Register by President Garfield.  I assume this made him 
the first black signer of U.S. currency.  Was he the only one?"
 
[Good question.  The Wikipedia entry agrees that Bruce was the 
first African-American signer of U.S. currency.  Can anyone list 
the others for us?  -Editor] 

To read more on Blanche Bruce, see:
http://en.wikipedia.org/wiki/Blanche_Bruce 
http://www.csusm.edu/Black_Excellence/documents/pg-b-bruce.html 

For a table of signature combinations on U.S. currency, see 
this page on Ron Benice's web site:
http://www.ronscurrency.com/rcsig.htm 


MORE ON MINT DIRECTOR NOMINEE MOY

Last week brought news of a new nomination for Director of the Mint. 
Numismatic News published an article by David Ganz on "Edmund C. Moy, 
48, an ethnic Chinese-American who grew up in Waukesha, Wis., and 
was a childhood coin collector was nominated June 29 by President 
George W. Bush to become 38th director of the United States Mint....  
He and his wife, Karen Moy, live in the Washington, D.C., area."

To read the complete article, see:
http://www.numismaticnews.net/Default.aspx?tabid=464&articleid=3203&articlem
id=1502#1502Articles

Moy has begun to be interviewed by the Senate Banking, Housing and Urban
Affairs Committee. The Denver Post reported July 12 on the Denver Mint
angle:

"The man designated by President Bush to head the U.S. Mint promised today
he'd work aggressively to thwart sexual harassment of workers, a persistent
problem at the Denver facility."

"A vote on Moy's nomination has not been scheduled. He must first be
approved by the banking committee before a full Senate vote."

To read the complete article, see:
http://www.denverpost.com/nationworld/ci_4042369 


LOUIS BRAILLE COMMEMORATIVE COIN CLEARED BY SENATE

In a follow-up to our earlier discussion, David Ganz writes: "The 
Senate caved July 12 and accepted the House of Representatives title 
to the commemorative coin Bill honoring the life of Louis Braille.  
Thus assuaged, the Bill was cleared for forwarding to the White House 
where President Bush is expected to sign it into law within the 
statutory 10 days."


WEDGEWOOD ANTISLAVERDY MEDALLION IMAGE SOUGHT

Katie Jaeger writes: "I am in need of a print-quality color digital 
image (300 dpi or better) of any Josiah Wedgwood antislavery medallion 
or plate of 1788, similar to the one depicted in the following link:
http://www.amphilsoc.org/exhibitions/princess_liberty_equality.html 

Wedgewood incorporated this design into a variety of objects, and 
any of one them would do for illustrative purposes. Of course, I am 
also requesting permission to publish this image in a book.  Thanks 
everybody!"


SMUGGLED PHILIPPINE ONE-PESO COINS SIEZED

According to a July 11 report by Reuters, "Smugglers have tried 
to ship out millions of older one-peso coins from the Philippines, 
not for their face value of less than 2 U.S. cents each but for 
the copper and nickel content as metals prices soar. 

The central bank said customs authorities seized a 40-foot container 
at the weekend that was loaded with 2-3 million coins, weighing 
12.2-18.3 tonnes, bound for Japan. Any export of coins worth more 
than 10,000 pesos ($191) must be declared. 

It was the latest attempt this year to illegally ship the one-peso 
coins minted until 2003, after seizures of about 400,000 pieces in 
May and 1 million pieces in February, central bank Deputy Governor 
Armando Suratos told Reuters Tuesday." 

To read the complete article, see:
http://go.reuters.com/newsArticle.jhtml?storyID=12803949 


NEW ZEALAND SWITCHES COINAGE

On July 10 the New Zealand Herald published a short article 
about the changeover to new coinage in that country:

"From the end of the month, the Reserve Bank is phasing out the 
current 50, 20, and 10 cent coins, making way for smaller and 
lighter versions.
 
The 5c coin is to be taken out of circulation altogether and 
the 10c replaced by a copper-coloured coin.
 
The designs on the coins will not change."

To read the complete article, see:
http://www.nzherald.co.nz/section/story.cfm?c_id=3&ObjectID=10390591 


BERK DEALERSHIP FEATURED IN CHICAGO SUN-TIMES ARTICLE

The Chicago Sun-Times published an article on July 10 about a 
man's visit to local coin dealer Harlan J. Berk, Ltd. to sell 
an old accumulation of coins and paper money:

"Nick arrived at the appointed hour, toting a satchel full of 
coins. They'd been stored for years in purple velvet Crown Royal 
drawstring bags, plastic containers and wilted brown paper lunch 
bags. 

The "collection" also included some large-sized bills -- paper 
money left over from an earlier era. 

It was an impressive hoard -- but would it be worth anything?

Berk, Nick and I discussed the possibilities, while Berk's 
right-hand man, Bob Greenstein, started sorting the coins 
with amazing speed, and no apparent rhyme or reason. 

The collection contained a lot of pennies, and Berk whetted our 
appetites by pointing out that a 1955 penny "double-die" from 
the Philadelphia mint could be worth as much as $1,500, depending 
on the condition. In that year, and at that mint, a number of 
coins were struck by a malformed die stamp -- resulting in what 
looks like two separate images. 

I could see the headlines already, but then Berk pointed out 
that the odds were a billion to one of finding such a penny."

To read the complete article, see:
http://www.suntimes.com/output/savage/cst-fin-terry109.html


ANA SUMMER SEMINAR COURSE REVIEW: EARLY AMERICAN COINS AND PAPER MONEY  

John Agre attended the recent course on Early American Coins 
and Paper Money at the American Numismatic Association summer 
seminar, and published a nice report on his web site:

"Classes were offered on a slew of numismatic topics, from the 
esoteric (Shipwrecks), to the mainstream (Coin Grading) to the 
sublime (Early American Coins and Paper Money). Of course I 
chose the latter, taught by John Kraljevich, Director of 
Numismatic Research for ANR, and Erik Goldstein, Curator of 
'Mechanical Arts' and Numismatics at the Colonial Williamsburg 
Foundation. 

As much as I consider myself to be well versed on the subject 
at hand, I knew there was significantly more to learn and I 
was not disappointed. John and Erik put the early American series 
into sharp historical focus while flexing their astonishingly 
well-developed Trivial Pursuit muscles. They variously cited 
the signature of Jacob Graff on a January, 1779 issue of Colonial 
Currency and identified him as the man who leased Thomas Jefferson 
a room in Philadelphia in 1776 so he'd have a quiet place to write,
illustrated and demonstrated the process by which Pine Tree 
Shillings were struck and how various errors and clash marks 
endemic to the coinage were created, and then outlined why the 
Washington Ugly Head is almost certainly not an issue struck 
during the colonial period. 

And, to ensure that the class didn't become too dry, they 
interspersed the detailed explanations with frequent loud 
raspberries to signify which issues really do not belong in 
the Redbook based on the criteria that they didn't circulate 
in the colonies, or are of questionable authenticity, or 
weren't actually money. Here's a hint: The Rhode Island Ship 
Medal is a medal. MEDAL. M-E-D-A-L. Not a coin."

To read the complete article, see:
http://www.coinraritiesonline.com/index.php?page=road 


ANA SUMMER SEMINAR CHANGES COMING

According to the organization's press release, "The American 
Numismatic Association will expand its Summer Seminar schedule 
to include programs at both annual conventions, beginning with 
the National Money Show in Charlotte, N.C., next March."

"The commitment to expanding educational courses means students 
have the option of taking Summer Seminar-type classes in three 
locations at three different times of the year,"

"Currently, 280 students are attending Summer Seminar classes 
in Colorado Springs; 76 of those participants are first-time 
students. ANA Executive Director Chris Cipoletti said he expects 
significantly more students will be able to enroll in Summer 
Seminar courses when they're offered at different dates and 
locations."

[The press release notes that information on these educational 
programs will be made available on the ANA's web site and at 
the ANA booth during the Denver Convention in August.  That's 
not much time to coordinate instructor schedules; these are 
volunteer efforts and it's not easy to find qualified, dedicated 
instructors willing to travel at their own expense to teach 
these great courses.  The Summer Seminar is one of the best 
programs the ANA has ever developed - let's keep our fingers 
crossed that these changes don't stretch scarce resources 
too thin.  -Editor]


THE CLIFFORD 1849 ECKFELDT-DUBOIS

Regarding last week's eBay sale of the 1849 Eckfeldt-DuBois 
"Manual of Gold and Silver Coins of All Nations", Dan Friedus 
writes:  "In 1982, I was the lucky buyer of Henry Clifford's 
"Manual of Gold and Silver Coins..." with the gold samples.  
I was then the foolish seller of that book in 1987 (one of 
a group of books I sold to help me buy my first house).  
Virtually all the other items I sold were much more easily 
replaceable than that book (and, other than on eBay, the E&B 
seems to have increased in value closer to where I believe 
it belongs.  

The price at the Clifford auction was a bargain given its 
rarity and historical interest to numismatic bibliophiles as 
well collectors of books on western history such as those 
who interested in "The Zamorano 80" but collecting a bit 
more broadly.  Clifford himself included the Zamorano 80 as 
part of his collection.  

Not having seen it in almost 20 years, I have to admit that 
I don't recall the binding well enough to tell you whether 
the eBay copy was formerly mine.  But the person who bought 
it is astute enough that if he was lucky enough to upgrade, 
I think he'd have chosen a venue that would have resulted in 
a price more in line with the books value.  If, as I suspect, 
it is coming in from non-numismatic circles then it's a nice 
addition and hopefully will remain in the hands of numismatists 
for a long time.  

On a related note, I once was trying to sell a copy of the more 
common 12mo E&B with gold and was surprised to see how little 
interest in it there was among collectors of pioneer gold coins.  
For less than their least expensive coins, they could have acquired 
both a gold nugget with a firm provenance to the earliest part of 
the Gold Rush plus a piece of processed gold of the same time and 
location.  The book with gold is rarer even than most pioneer 
gold coins.  

I eventually found a buyer but had naively thought that even a 
numismatist who doesn't focus on books would find this as 
historically important as their coins.  The cynic in me thinks 
that perhaps the key is the difference between the word "numismatist" 
and "collector" (which, of course is when my cynicism doesn't 
replace "collector" with "investor" or "speculator"). 

The optimist in me simply appreciated that the price being low 
meant I was able to own both versions of this amazing work for a 
while. Alas, I sold both too early to take advantage of the apparent 
price increases (at least when sold in the proper venue).  No 
regrets, though. It's nice to have great books.  It's also nice to 
have a house."

[Many thanks to Dan for providing the background on his copies of 
Eckfeldt-DuBois.  A couple things may require explanation for the 
non hard-core bibliophiles among our readers.  First, the "The 
Zamorano 80" is a list of 80 key early publications relating to 
the history of California, and is the Holy Grail of California 
bibliophiles, much like a complete Sheldon variety set is the 
ultimate goal of many Large Cent collectors.  Here are links to 
two web pages with more information:
http://www.dsloan.com/Auctions/A12/DSIntro.htm
http://tinyurl.com/s3c77

The other item which may be puzzling non-bibliophiles is "12mo".  
This refers to a standard description of book sizes.  See the next 
item for more information.  -Editor]


BOOK SIZES

"The names of book sizes are based on the old system, still widely 
used, of considering the size of a page as a fraction of the large 
sheet of paper on which it was printed... In printing books, an even 
number (as 4, 8, 16, 32, 64) of pages is printed on each side of a 
single large sheet, which is then folded so that the pages are in 
proper sequence and the outside edges are cut so that the book will 
open. Except for the largest size, the folio, the name of the size 
indicates the fractional part of the sheet the page occupies (as 
octavo "eighth")."

For example, 12mo or twelvemo (also called duodecimo), is a book 
printed 12 pages to a large sheet, then cut and bound.  Bigger 
numbers mean SMALLER books; 12mo is smaller than 8vo or 4to.

For more information on book size descriptions, see:
http://www.trussel.com/books/booksize.htm  


OTHER BOOKS CONTAINING GOLD SAMPLES

Referring to last week's mention of the 1849 Eckfeldt-DuBois 
"Manual of Gold and Silver Coins of All Nations", Fred Holabird 
writes: "There are no other books that I know of with gold samples 
included except Eckfeldt. Several others have sold privately over 
the past couple of years, but this is a true rarity. Some of the 
books do not still have the gold present, so they obviously sell 
for significantly less. At one point, John Marshall's autobiography 
was reported as having a gold nugget attached to the frontis, but 
I have not seen this."

Denis Loring notes: "The 93rd issue of the newsletter of the 
Chicago Coin Club is entitled "Gold Dust Currency," and a small 
sample of gold dust is attached!" 

Mark Borckardt writes: "Dave Bowers' book on the Central America, 
the deluxe edition that was sold with the ingots, had a small 
gold sample inside the front cover."


ON THE NARAMORE SHEETS

Past NBS President Michael J. Sullivan writes: "In response to the 
query on Naramore:  No – his photographic sheet is not complete.  
Here is a description from my collection.  If anyone needs information 
on literature related to counterfeiting and/or counterfeit detection, 
I can usually help as my library is very deep in this area.

Naramore, R[obert] C.  Naramore's United States Treasury and National 
Bank Note Detector.  Pocket Edition.  Being Exact Copies of the 
Genuine Plates, Photographed from the Proof Sheets, By Permission 
of Hon. H. McCullouch, Secretary U.S. Treasury.  Published by American 
Photograph Co., Bridgeport, Conn.  [1866].  18 individual 10 cm. x 6.3 
cm Photographs, Housed in a Two Piece, Blue Cardboard Box with Gold 
Lettering.

Unlisted in Dillistin.  The 18 photographs include U.S. Notes: $1, 
$2, $5, $10, $20, $50, $100, $500, and $1000; and National Bank Notes:  
$1 (Pittsburgh National Bank of Commerce), $2 (Washington National 
Bank of Boston), $5 (National Union Bank of Swanton, Vermont), $10 
(Second National Bank of Sandusky, Ohio), $20 (New York National 
Exchange Bank), $50 (New York National Exchange Bank), $100 (New 
York National Exchange Bank), $500 (Manufacturers National Bank of 
Philadelphia), $1000 (Fourth National Bank of City of New York).  

It is interesting to note Laban Heath's second edition counterfeit 
detector also published in 1866, illustrates a counterfeit $20 on 
the Fourth National Bank of City of New York.   Printed on the back 
of the Naramore "cards" in purple ink "A Souvenir of the United 
States Treasury Notes and National Bank Notes, by Photographic Copies 
of the Circulating Notes issued by Act of Congress, Taken from Proof 
Impressions on file in the U.S. Treasury Depar't.  Published by 
permission of Hon. H. McCullouch, Sec'y U.S. Treasury.  Published 
by the American Photograph Co., Bridgeport, Conn.  Entered according 
to Act of Congress In the year 1866, by R.C. Naramore, in the Clerk's 
Office of the Dist. Court of Connecticut.  

Davis auction sale 23 "The earliest use of photography in counterfeit
detection, and tied with the Nathaniel Paine work on Massachusetts 
currency as the first American numismatic work using that technology.  
The images taken from unsigned proof sheets with the permission of 
Treasury Secretary McCullouch, appear in four forms:  as a single 
sheet with the eighteen images arranged 3 x 6; with the single sheet 
mounted on a printed black card with a brass eyelet for hanging; on 
cards housed in a morocco pouch; and as offered in the rare original 
cardboard box."  Naramore's were issued without text, limiting their
usefulness to comparison and detection alone versus the educational 
approach employed by Foote, Gear, Eastman, Peyton, Heath, and Wilbur."


GOLD TOKEN STRIKING AND ENGRAVING INFORMATION

Dick Johnson writes: "Dick Hanscom’s problems with striking gold 
can be resolved by Heat Treating. This is a concept that is so 
little understood in the numismatic field but so universally 
important to any step of metalworking (including the fabrication 
of gold which is usually so easy to work with).

Frankly I don’t know how you heat treat gold. My experience is 
with iron – as with dies – or copper, bronze and silver – as for 
struck medals. Heat treating can be done to harden or soften iron 
or steel at will. You can soften a die or die blank to engrave it 
by Annealing. This is accomplished by heating the steel die in 
special annealing ovens or dousing it in a pot of molten salt. 
Temperature is critical. Then it must be allowed to cool slowly. 
Another name for this is Normalizing.

To harden steel you heat it and quench it rapidly. Again temperature 
is critical. There are two kinds of steel. Oil hardened or water 
hardened (depending upon the amount of carbon in its manufacture). 
The die must be quickly immersed in the proper liquid. This is called 
Quenching. If this is done a subsequent time or two it is called 
Tempering.

Striking medals (or almost any metalworking step) WORK HARDENS the 
metal (copper, bronze or silver). To strike it again, as for higher 
relief, the medals can be heated in an oven and allowed to cool 
slowly. This can be done on a continuous belt. The medals can then 
be placed back on the press for another blow.

Treatment by Annealing relieves the Stress built up in the internal 
structure of the die. It changes the physical property of metal. 
(Think of it as loosening up the molecules that have gotten bunched 
up by, say, striking).

When the U.S. Mint began operations in 1792 they had tremendous 
problems making dies and striking coins until they understood Heat 
Treating. Coiner Adam Eckfelt solved these problems by conducting 
experiments until he got it right. It is understandable Dick 
Hanscom has similar problems.

In regard to "engraving how to," no such website exists. I have 
been collecting this information for forty years. Only recently 
have I been able to write a 6,100-word essay on "Engraving" as 
an entry for my encyclopedia of coin and medal technology. If 
the information was easy to find I would have been able to write 
it much earlier.

Dick, you don’t pull your own teeth or perform your own surgery. 
My advice is to hire a professional coin die engraver. I can 
recommend three in the field who are quite knowledgeable for the 
dies you need (in alpha order): Ken Douglas (dieman at midsouth.rr.com), 
Virginia Janssen (virginia at smallreliefs.com), and Ron Landis 
(gmmrl at arkansas.net)"


OWNERSHIP OF UNCANCELLED COINAGE DIES

Inspired by last week's item on ANR's offering of pioneer 
gold coin dies, Dave Wnuck writes: "The article in this week's 
E-Sylum got me wondering about the legality of owning uncancelled 
dies from obsolete U.S. coinage.  I imagine there must be some 
still extant outside of museum collections.  Can any of your 
readers provide the answer?"

[I know the Mint currently sells obliterated dies, but I don’t 
know the status of uncancelled dies.  I believe the ANS has 
some U.S. coinage dies, but I don’t recall if they were cancelled 
- does anyone know?  I put the question to one of our regular 
contributing legal eagles. His response follows -Editor]

David L. Ganz or Ganz & Hollinger P.C. writes: "They sell the 
dies obliterated because title 18 of the U.S.. code (criminal 
statutes) makes possession difficult if not illegal.  

18 USC § 487. Making or possessing counterfeit dies for coins
Whoever, without lawful authority, makes any die, hub, or mold, 
or any part thereof, either of steel or plaster, or any other 
substance, in likeness or similitude, as to the design or the 
inscription thereon, of any die, hub, or mold designated for 
the coining or making of any of the genuine gold, silver, nickel, 
bronze, copper, or other coins coined at the mints of the United 
States; or

Whoever, without lawful authority, possesses any such die, hub, 
or mold, or any part thereof, or permits the same to be used for 
or in aid of the counterfeiting of any such coins of the United 
States -

Shall be fined not more than $5,000 or imprisoned not more 
than fifteen years, or both.
 
It goes without saying that if you have a genuine die without 
authority the trouble is deeper. This is not a legal opinion 
and is furnished informationally as a courtesy. We furnish 
written opinions and perform legal research by written retainer 
only."
 

CARSON CITY MINT COIN DIE CACHE EXAMINED

Coincidentally, the Carson City News reported just last week on 
a number of tours offered by the the Nevada State Museum, and 
one involves coin dies!

"The Archaeology of the Carson City Mint includes a look at old 
coin dyes used to stamp the “heads” and “tails” of coins when 
the museum building was The Carson City Mint between 1870-1893. 
The dyes were found buried in the mud in the parking lot between 
the two museum buildings and were excavated and restored to their 
original condition."
http://www.ccnmag.com/news.php?id=4346  

It's interesting to see the archaic spelling of "dye" rather 
than the modern "die".  Can anyone fill us in on the discovery 
of these dies?  Has anyone seen them?  What coins were they for?  
A web search discovered these references to their 1999 discovery:

"While excavation was going on, some interesting remnants of the 
site's past history appeared. In an area that had once contained 
a storage building for the mint, Cassinelli's crew uncovered a 
cache of extremely rusted mint dies."
http://dmla.clan.lib.nv.us/docs/dca/newsletters/museum-cc/mus-let06.htm 

"An archaeological deposit containing hundreds of discarded coin 
dies was discovered beneath the parking lot of the Nevada State 
Museum, the former Carson City Mint. The high carbon steel dies 
were annealed and canceled with one or more chisel blows across 
the face of the die, and then thrown into a pit. 

This buried deposit was seasonally wet and dry, and the majority 
of the dies subject to post depositional corrosion that obliterated 
traces of the original coins' designs. Some dies that lack details, 
however, are attributable to die failure during the coining process. 
Surprisingly, a few dies fared much better and the coins' details 
were visible upon recovery or after cleaning. 

Following some experimentation, methods for initial recovery, 
cleaning, and stabilizing the dies were developed. These techniques 
are applicable to other iron objects recovered from similar 
environments."
http://www.archaeocommons.org/sha2006forum/viewtopic.php?p=3063& 


PIONEER GOLD DIE IMAGES AND LOT DESCRIPTIONS ONLINE

As mentioned last week, the August 11 auction by American Numismatic 
Rarities will include a pair of previously unpublished dies for 
territorial coins struck in Colorado.  The lot descriptions and die 
images are now available online.

"As noted by Kagin, "Conway ceased operations sometimes before the 
end of the year [i.e. 1861]." The dies apparently were preserved —
the obverse and reverse of both the $10 and $2.50 denominations made 
it to the Colorado Historical Society about the turn of the 20th 
century. The reverse die, with "Pikes Peak Five Dollars" around a 
fancy 5, also now resides in the Colorado Historical Society. Those 
dies, pictured in the Kagin book on p. 320, have been well known to 
the numismatic community for years, and many have asked what ever 
became of the other $5 die. As it turns out, the die remained in 
private hands and was only sold into the marketplace in 2005. This 
is its first ever auction appearance"

Lot 1142: (1861) J.J. Conway & Co. Original obverse die for $5 
gold coins.
http://www.anrcoins.com/lotdetail.aspx?lrid=AN00037320 

"A completely new discovery, but one that answers a long-standing 
question in Colorado territorial gold circles: what die matched 
the 1862-dated Liberty Head $5 obverse die now in the collection 
of the Colorado Historical Society? That die, depicted in the Kagin 
book on p. 320 with several dies for J.J, Conway & Co. coins, is 
clearly different from the Conway dies in size and style, not to 
mention date, but it had never been satisfactorily attributed. 
 
The present unique artifact from the Colorado Gold Rush, long 
held privately in the same hands as the Conway $5 die in this 
sale, introduces a brand-new manufacturer of Colorado gold coins 
to numismatists: the firm of P. and R.R. Smith & Co. The "Col. Ter." 
seen at the base of this die positively identifies it as a product 
of Colorado Territory."

Lot 1143: (1862) Reverse die for P. and R.R. Smith & Co. $5 coin. 
http://www.anrcoins.com/lotdetail.aspx?lrid=AN00037321  


COIN IDENTIFICATION FORUMS

Martin Purdy writes: "There are a number of coin-related 
forums on Yahoogroups (yahoogroups.com or groups.yahoo.com).  
I can recommend Coinquestion, since I run it, which is not 
limited to any particular type of coin, medal or banknote, 
and there are many others that have a more limited scope.  
Ancient coins, Islamic, British, etc...."
http://groups.yahoo.com/group/Coinquestion 

Paul DiMarzio writes: "The Yahoo group MONETA-L is the absolute 
best place for help with anything ancient, including attributions.
I'd also be glad to give it a crack if I had an image, or at 
least a description.  If it's Roman imperial I can probably ID it.
http://groups.yahoo.com/group/Moneta-L/ 

Coincidentally, Granvyl Hulse has a question that perhaps one of 
these forums can help answer.  He writes: "Is anyone familiar with 
the following inscription?  "Impiarsar N Hadrianvsang"?  This is 
on some coin, but further information has not been provided me."
			

WHAT TO CALL PEOPLE WHO MUTILATE COIN CATALOGUES

Fred Lake writes: "Is someone who cuts pictures from a coin catalog 
a "bibliocast" or a "biblioclast?" I have heard both used. I like 
biblioclast as in "iconoclast."   I'm looking forward to hearing 
from all of your correspondents."


COIN BANKS BRING BIG BUCKS

One semi-numismatic sideline that a number of collectors dabble 
in is the collecting of antique cast-iron mechanical and still 
coin banks.  A recent Bertoia Auctions sale brought record prices, 
according to a beautifully illustrated report by Antiques and the 
Arts Online: 

"It was a pleasure, said Jeanne and Rich Bertoia, not just for the 
numerous record prices realized, but for the comments and the all-out 
toy spirit felt in the gallery over the weekend. The first hour of 
the sale starting with a Carnival Bank selling for $13,750, just 
after coming off the heels of a rare Butting Ram example, also 
exceeding estimate price and selling for $12,100. 

There were plenty of bank offerings. In what one advanced collector 
termed a "pleasant barrage" of quality, the sale highlights were 
many and included: a pristine coin registering bank, $28,600; a Dog 
Tray Bank, $34,100; possibly the only known original patented Ferris 
Wheel Bank, $24,200; Paddy and the Pig Bank, $20,350; the very rare 
and desirable North Pole Bank, $39,600; an incredible casting, the 
US Bank, $67,100; and everyone's favorite, a Girl Skipping Rope in 
stunning condition, selling for $72,600."

To read the complete article, see:
http://antiquesandthearts.com/AW-2006-07-11-10-36-05p1 

For more information on mechanical banks, see the web site of 
Mechanical Bank Collectors of America (MBCA).  
http://www.mechanicalbanks.org/ 


NCLT LARGE CENT PROPOSAL

Steve Pellegrini offers the following observation about the ongoing 
Cent Survival debate:  "I agree with the economists mentioned in 
E-Sylum v9#28 who observed that the day of the relevant cent is gone 
for good. Bye. However, I would like to see the Mint striking a yearly 
NCLT large cent in pure copper. Pure copper coins are extraordinarily 
beautiful and if handled carefully & intelligently (no, not slabbed) 
will either stay pristine or with some luck develop lovely patinas. 
These large cents could be included in the Mint's regular annual sets. 
My only caveat would be that the coins would have to be contemporary 
and original - of obvious artistic merit. And no, no, no rehashed 18th 
and 19th c. designs. Certainly no more buffaloes. There are now more 
buffaloes looking out from various US coins than there ever were when 
they were alive & breathing - even before we set out to kill 'em all."


HOW GOLD GOT TO KERENS, TEXAS

Frank Cornish writes: "This is a response to Dave Ginsburg's Kerens, 
Texas gold hoard enquiry:  How the San Francisco double eagles landed 
in Texas prior to 1865, I don't believe is any great mystery. Two 
trails went west before the railroad went through:  1.) the midwest 
to San Francisco and 2.) along a southern route to San Diego through 
Texas. Either of these could be the source of the gold. 

Check out the book "That Old Overland Stagecoach" by Eva Jolene Boyd, 
1993. She cites a ref on page 5 that one out of every 20 people heading 
for the California gold fields went through Texas. The Texas trail was
established with stage coaches and mail service in 1857. The first west
coast mail arrived Sept 9 in San Antonio. Another source I've found says 
the cost was $200 from San Antonio to San Diego for a passenger on the 
stage coach.  It was a two way route with west coast travelers and their 
gold coming to Texas. The route was re-established after the war, but 
was treacherous because of Indian attacks. 

The northern route is also a possible avenue for San Francisco gold to 
reach Texas, but not as probable. In fact, on page 93 she refers to an 
1865 trip on the northern route. The Texas cattle trails to Kansas 
(where they would be paid in gold from California, brought by the 
Overland stage from San Francisco) were well established by 1867 
(Chisholm trail) and some drives actually went directly west to 
California and Arizona along the southern route.  The problem is that 
I don't have any historical references for the cattle trails to Kansas 
or California prior to 1866, where I've found that cattle sold for 
$15/head in Mason, Texas (south of Kerens). However my research has 
primarily been focused upon the 1870s."

Frank adds: "In his book, Chisholm Trail, Wayne Gard reports that cattle 
trailing out of Texas had begun before the war, continued during the war 
to Mexico and Louisiana and resumed northward immediately afterward. In 
1865 at least one herd was driven to New Mexico (p 43). In 1866 somewhere 
between 200,000-260,000 cattle were driven out of Texas (receiving 
anywhere from $6-$35/head, p47-52). In that year Kansas had banned Texas 
cattle because of the fever brought by ticks. So cattlemen drove their 
herds to New Mexico and Colorado (Goodnight and Loving in particular set 
up their trail). 

So here is another avenue for several million dollars (some of it no 
doubt San Francisco double Eagles) to make their way to Texas. It might 
be interesting to see if the Kerens trove was made by cattle raisers. 
It's mentioned that they had a "plantation" which struck me as odd since 
it is further north than most plantation country which is generally 
along the Gulf Coast."

[For more information on the history of Kerens, Texas, see:
http://www.rootsweb.com/~txnavarr/towns/kerens/kerens_history.htm 

One interesting tidbit is how the town's railroad station got built 
where it did: "When the contractor arrived to erect the depot, he 
considered placing it on the East side of Sloss Avenue and on the 
North of the main line.   T. S. Daniel, having erected his store on 
the west side of the street, gave the contractor a Stetson hat to 
erect it on the west of the avenue where it has since remained."  
-Editor]


SMITHSONIAN FUNDING DEALS QUESTIONED

Relating to our earlier discussions of the National Numismatic 
Collection at the Smithsonian Institution and the recent proposal 
to begin charging admission fees, a subscriber writes: "For some 
time I've been wondering how the Smithsonian got itself mired in 
its current situation.  As I'm sure you know, they've become 
involved in controversial deals with private donors and corporations.  
For example, the National Museum of American History is now named 
the 'Behring Center' to reflect the name of a major donor.  
Unfortunately, these gifts usually come with strings attached.  
Thus, the Smithsonian has been forced to change to keep itself 
afloat.
 
This article in the L.A. Times is the first I've seen that deals 
with the broader problem faced by the Smithsonian.  I don't know 
if the readership of the E-Sylum would find this interesting or 
relevant, but it may illuminate the reason for the downsizing 
of the numismatic exhibit."   

"The Smithsonian Institution, our national museum and also a 
scientific research complex, is at a crisis point. Many of its 
20 venues, such as the National Museum of Natural History and 
the National Air and Space Museum, need tens of millions of dollars 
in work. Desperate for funds, the Smithsonian has made arguably 
improper arrangements with big business, and it has accepted funding 
from corporations with an all-too-obvious interest in what goes on 
view in the institution's museums. But the real crisis is this: 
Congress seems to have barely noticed.

How bad is the situation? Last year, the Government Accountability 
Office, a bureaucracy not given to hyperbole, found "major structural
deterioration" in Smithsonian buildings and "chronic leaks." At 
least two historic aircraft at the Air and Space Museum have been 
water-damaged. Several buildings are rife with mold. Water has 
flowed into at least four museums, well before last month's rains."

To read the complete article, see
http://tinyurl.com/npsol 


MORE ON DWIGHT MANLEY AND THE JOCKEY'S ASSOCIATION

"Jockey Alex Solis, who was instrumental in bringing sports agent 
and rare-coin collector Dwight Manley to the attention of the Jockeys' 
Guild, said he's committed to turning around the Guild and hopes to 
bring it back to prominence in the Thoroughbred industry."

"He's a very successful businessman; he has some very good ideas," 
Solis said of Manley. "We're still working out the details of his 
contract but expect it will all be completed sometime (the week of 
July 10)."

"The media is going to write what they want to," Solis said in 
reference to several "incorrect" reports that Manley and Jackson 
would serve as co-managers. "They don't want to know the truth. 
Jesse Jackson will only serve as a consultant to Manley and not 
make any decisions (for the Guild)."

To read the complete article, see:
http://news.bloodhorse.com/viewstory.asp?id=34367 

[I'd like to wish Manley and the jockeys the best of luck in getting 
through the difficult times their guild has been facing.  It's a 
very tough profession that deserves a top-flight spokesman. Who 
knows, perhaps Manley will someday be persuaded to assist the 
American Numismatic Association through tough times as well. -Editor]


BLOGGER'S TRANSACTIONS TURN PAPER CLIP INTO A HOUSE

Nothing numismatic in this one, but it does touch on the concept of 
value and trade.  Having once watched a beer-fueled J.S.G. Boggs 
buy an architect's pencil sharpener with a $1 "First Female President" 
Boggs note from his Women's Series (a limited edition of ten prints), 
this story has an interesting echo in it for me:

"Taking a paper clip and turning it into a house sounds like a 
cheesy magic trick or a phony instance of resourcefulness on the 
1980s TV show "MacGyver." 

Kyle MacDonald, however, has pulled it off.

One year ago, the 26-year-old blogger from Montreal set out to 
barter one red paper clip for something and that thing for 
something else, over and over again until he had a house.

On Wednesday the quest is ending as envisioned: MacDonald is 
due to become the proud owner of a three-bedroom, 1,100-square-foot 
home provided by the town of Kipling, Saskatchewan."

To read the complete article, see:
http://news.yahoo.com/s/ap/20060710/ap_on_hi_te/paper_clip_to_house_2


CATALOGS CONTRIBUTE TO GLOBAL SINKING

Tom DeLorey writes: "I am reminded of the old article in the 
wittily satirical "Journal of Irreproducible Results" which proved 
that the North American continent was sinking under the accumulated 
weight of the National Geographic Magazines in the attics of the 
grandparents of America. With the current boom in numismatic 
auctions, especially Heritage's, the sinkage is no doubt 
accelerating."

[Word has it Al Gore is planning to film a documentary on the 
subject  -Editor]


FEATURED WEB SITE: HISTORIC MEDALS

This week's featured web site is Timothy Millet's commercial 
site offering "Historic Medals and Works of Art".  We only 
rarely feature commercial sites, but the images are well worth 
viewing - some gorgeous medals are pictured.

http://www.historicmedals.com/  



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