The E-Sylum v10#44, October 28, 2007
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Mon Oct 29 07:54:59 PDT 2007
Welcome to The E-Sylum: Volume 10, Number 44, October 28, 2007:
an electronic publication of the Numismatic Bibliomania Society.
Copyright (c) 2007, The Numismatic Bibliomania Society.
WAYNE'S WORDS: THE E-SYLUM OCTOBER 28, 2007
Among our recent subscribers is George Cuhaj of F+W Publications.
Welcome aboard! We now have 1,073 subscribers. This week's issue
is being sent out Monday morning as a result of your Editor's
weekend visit to a coin show.
This week we open with several reports on how some of our
California numismatic brethren fared during the recent massive
wildfires, and George Kolbe provides an update in his latest sale
and publication. Next up are reports on literature dealers Richard
Stockley and Karl Moulton.
In this issue I review Roger Burdette's "Renaissance of American
Coinage 1909-1915", and Dave Lange discusses the dynamics of the
aftermarket for numismatic literature.
In responses to prior topics, Fred Holabird comments on the John
J. Ford assay ingot sale, Tom DeLorey discusses the thinking behind
the title of "'The Fantastic 1804 Dollar" book, and relates a great
story about a 1802 Half Dime.
In the news are stories on counterfeit Bank of England £500,000
notes, and a stash of coins is discovered in a long-abandoned
house. To learn about the Zombie coin show and many other topics,
read on. Have a great week, everyone.
Wayne Homren
Numismatic Bibliomania Society
UPDATE: NUMISMATISTS AND THE CALIFORNIA FIRES
On Wednesday I published a special issue of The E-Sylum
reporting on how some of our California numismatic brethren
were faring in the face of the massive wildfires in that
state. David Sklow, David Fanning, Len Augsburger, Bob
Leuver and several others wrote to thank me for the
information about our friends George Kolbe, Alan Weinberg
and Ron Guth.
Doug Andrews writes: "Not only is the news good for our
friends and colleagues, but this special issue of The E-Sylum
is numismatic newsgroup reportage at its finest! We hope you,
and the California firefighters, keep up the good work."
Kerry Rodgers of Auckland, New Zealand writes: "Bush fires
have had profound affect on numismatics in Australia with
several major collections destroyed over the years. The
infamous Ash Wednesday fires took out many rarities in just
one collection in Victoria."
Anne Bentley writes: "My nephew drives an 18-wheel semi-rig
and called from the fire area to say the winds are literally
pushing these monster trucks over. This must be what Hell
looks like. Our thoughts and prayers are with everyone out
there."
Indeed. Earlier in the week a USA Today article quoted San
Diego firefighter Mitch Mendler describing what he witnessed:
"It was nuclear winter. It was like Armageddon. It looked
like the end of the world."
Ken Berger of San Diego writes: "The areas hardest hit are
more to the east and northeast of the city in the more rural
& suburban areas. The fires are starting to lessen up,
although a number are still burning. Twelve hundred homes
were lost in San Diego County.
"You can smell the smoke in the air. Because of the poor air
quality, all the schools, colleges and courts are closed. In
Clairemont (east of Pacific Beach), the air quality has not
been as bad as it was four years ago during the Cedar Fire.
At that time, huge pieces of ash were descending from the
sky. This time it has only been small pieces. Six miles
north of here in University City (a neighborhood in San Diego
City), the air has been much worse. There are also fires
southeast of San Diego City.
"As one gets closer to the ocean, there are more homes and
less vegetation, so in my opinion the fire danger is less.
However, we do have some canyons -- such as Tecolote Canyon
-- which has not been cleared in over ten years and is a
major fire hazard."
John Ingle of Early American History Auctions writes:
"All is well in our Rancho Santa Fe offices. We were
under a Mandatory Evacuation for two days. However,
we are back up and running now. Our November 10th Mail
Bid Auction of Autographs - Coins - Currency - Americana
will run as scheduled."
Gar Travis of Teletrade writes: "My residence and office
are very close together - where the 55 and 405 highways
cross. Our offices are very near those of PCGS."
Leon Worden writes: "Here in Santa Clarita (home of the
Magic Mountain amusement park), the Santa Ana winds have
finally died down from their 70-100 mph velocities of a
few days ago, and as I look out the window all I see now
is a little puff of smoke over Castaic, in the northwestern
Santa Clarita Valley, where my neighbor and fellow
E-Sylum reader Oded Paz was evacuated the other day.
"Oded is Vice President of The Elongated Collectors (TEC)
and was the first-place winner in the Elongated category
for his display at the Milwaukee ANA). Oded reports that
he has returned home and his family is safe. We lost 25
homes in our community, about a mile away from me, as the
flames attacked our northernmost residential neighborhoods.
But Governor Schwarzenegger was here yesterday and President
Bush should be here tomorrow, so I guess we'll be OK. ;-) "
(Thursday) Ron Guth, President of Professional Coin Grading
Service writes: "PCGS suffered no disruption of service
due to the fires here in Southern California. Except for
eerily overcast skies and diminished air quality, its
business as usual here at our headquarters in Orange County.
"This morning, I was able to make the drive from my home in
San Diego to PCGS Central, which is an 85 mile trip along
the coast. The air quality ranged from clear and smoke-free
in some areas to choking smoke through Camp Pendleton (where
a fire could be seen burning the tops of the mountains off
in the distance). Much of the acreage in Camp Pendleton has
been blackened, some of it right up to the edge of Highway 5,
off into the distance, and even under the transmission lines
leading out of the San Onofre nuclear reactor. The winds
have died down and the fires have either remained stationary
or taken off towards the east, sometimes back over areas that
were missed when the fire was on its westward march.
"Among our staff, there are many stories being told. A
consultant who lived in Rancho Bernardo (in San Diego) tells
how his house is the only one of the nine in his neighborhood
that remains standing
the rest were burnt to the ground.
One of our IT guys went to bed one night when the fire was
10-15 miles away, thinking he was safe, only to be awakened
at 4 a.m. with the flames right at his back door. He recounted
how the winds blew the flames up and over his house, such that
they were licking the vegetation in the front yard. In the
next second, the flames disappeared completely, leaving his
house intact.
"Others tell of intense red glows in the sky from the next
hill over, waiting in fear for the flames to appear. Others
were forced to evacuate and they have been unable to return
because of issues with downed power lines, leaking gas lines,
etc. Another one of our consultants told about fighting off
flames in his back yard with a garden hose, only to have a
Marine helicopter fly overhead and dump a load of water on
the fire, extinguishing it completely."
"In short, everyone has been affected by the fires in some
form or fashion either directly or indirectly. The fires
have been a major disruption in many of our lives. Fortunately,
everyone on our staff is safe and the overall morale is excellent.
Were not going to let a little fire get in our way."
(Saturday) Ken Berger writes: "Life in San Diego County is
slowly returning to normal. Many evacuees are returning -
some to their homes and some to nothing. A few fires are
still burning and are still being fought. The pictures in
the newspapers say it all. For example, there's an aerial
view of two cul-de-sacs next to each other. In one, all
the houses except one burned to the ground; in the other,
all the houses except one were untouched by the fire (the
other house burned to the ground).
The remaining evacuees at the stadium have been relocated
to the Del Mar Fairgrounds. I believe there were seven
deaths directly related to the fires."
NUMISMATISTS AND THE CALIFORNIA FIRES
http://www.coinbooks.org/esylum_v10n43a02.html
KOLBE 104TH NUMISMATIC LITERATURE TO CLOSE AS SCHEDULED NOVEMBER 1ST
George Kolbe writes: "After an unsettling week on the
mountain, we have decided to abide by the closing date
of November 1, 2007 as published in our 104th auction
sale catalogue of numismatic literature. As reported in
www.rim of the world.net: "The Grass Valley Fire [the
one closest to Crestline] is 95% contained as of 8:00pm
Saturday." Our thoughts and prayers go out to the over
300 homeowners on the mountain who lost their homes. We
are humbled by the many emails and telephone calls received
inquiring about the situation and wishing us well."
"Postal service also resumed on Saturday, though it appears
that all old mail will not arrive here until Monday. Our
email was erratic early in the week; if you did not receive
confirmation of email bidding, please let us know."
JACK COLLINS BOOK ON 1794 DOLLARS ORDERING DEADLINE NOVEMBER 1ST
Regarding the publication of the Jack Collins book on
the 1794 dollars, George Kolbe writes: "If you have not
ordered a copy, please remember: "EDITION STRICTLY LIMITED
TO NUMBER OF ORDERS RECEIVED BY NOVEMBER 1, 2007." Based
on orders received thus far, the entire edition will likely
be 50 to 75 copies. The price is $65.00 postpaid; further
details are provided at our web site: www.numislit.com.
Those not on our mailing list will also be able to access
our current auction sale catalogue there, information on
both editions of the wonderful new Adams-Bentley work on
Comitia Americana Medals, and other information about
numismatic literature."
CANADIAN NUMISMATIC LITERATURE DEALER RICHARD STOCKLEY RELOCATES
Literature dealer Richard Stockley of Canada (specializing
in Numismatic, Philatelic & Business/Banking History books)
has relocated. He writes: "I just wanted to let all of you
know that I will be serving you from a new address
Richard Stockley
222 Ste. Anne
Ste. Anne de Bellevue, QC
Canada H9X 1N7
514-366-1704 (as of 1 Nov only 514-674-0697)"
To visit Stockleys web site, see:
http://www.abebooks.com/home/stockleysbooks
KARL MOULTON ISSUES FIXED PRICE LIST OF AMERICAN NUMISMATIC LITERATURE
Karl Moulton announced the release of his Fall/Winter 2007
fixed price list of American numismatic literature recently.
The list offers reference books, periodicals, auction catalogs
and fixed price lists. A printed list is available for $10
postpaid. Request a copy by writing P.O. Box 1073, Congress,
AZ 85332, calling (928) 427-3567 or e-mailing numiscats at aol.com.
A complete list of available inventory can be found at
http://www.coincats.com.
WHERE TO SEND NBS DUES CHECKS
David Lange writes: "I'm still receiving Numismatic Bibliomania
Society members' dues checks at my box address. Please remind
readers that these are to be sent to NBS Secretary/Treasurer
David Sundman at POB 82, Littleton, NH 03561."
THE COLONIAL NEWSLETTER DECEMBER 2007 ISSUE PUBLISHED
[CNL Editor Gary Trudgen forwarded the following announcement
on the December 2007 issue of The Colonial Newsletter (CNL).
-Editor]
This issue begins with an exchange of messages between
John Adams and Dr. Roger Moore, which is presented as a
Letter to the Editor. Their communication pertains to
the paper on fake Virginia halfpence that appeared in
the previous issue.
Next up is a report on a metal detecting find of a 1781
imitation British halfpenny. The report is authored by
the finder, Kevin Jackson, with assistance from Dr. Roger
Moore who recently co-authored an excellent paper updating
information on this series. This paper appeared in CNL-132
and was titled "1781 Imitation British Halfpence Update."
It is believed that this is the first 1781-dated imitation
British halfpenny to be recovered from U.S. soil.
The paper in our last issue which examined fake Virginia
halfpence prompted a number of collectors to examine their
reproductions. Jim Biancarosa contacted the principal
author of this paper, Dr. Roger Moore, and arraigned for
him to examine six of his Virginia reproductions. Two
of Jim's coins resulted in new and interesting observations
which are detailed in an update paper titled "More on
Virginia Copper Coinage Counterfeits, Forgeries, and
Facsimiles."
Next, David Gladfelter reports the discovery of a signed
small change bill dated March 10, 1796, that was issued
by the Common Council of the City of New-Brunswick, New
Jersey. Previously, only remainder notes of this issue
were known.
In our April 2007 issue we reported the untimely death
of Mike Ringo. Mike was one of the most knowledgeable
and highly respected numismatists specializing in the
field of early American coinage. John Kleeberg, a CNL
associate editor, had a good working relationship with
Mike and has provided us with a fascinating personal
look at Mike while detailing many of Mike's discoveries
in numismatics.
Our final paper, titled "1748-dated Counterfeit British
Halfpenny Source Indentified," locates the counterfeit
operation that produced several die-linked counterfeit
halfpennies. Since counterfeit operations rarely, if ever,
kept records of their activities, it is difficult to determine
when, where and by whom the many counterfeit halfpence
varieties were produced. Robert Bowser, however, made a
significant contribution to this field of inquiry when he
accessed the criminal court proceedings of the Old Bailey
in London. Here he found detailed testimony by the arresting
officers in several cases involving counterfeiting of English
and Irish coins. Some of the testimony provides truly
fascinating details about small-time counterfeiting operations.
One case provided enough information on the coins being struck
to identify the likely variety produced by that operation
along with others that are die-linked to that variety.
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 Megan Fenselau at the preceding
postal address or e-mail fenselau at amnumsoc.org or telephone
(212) 571-4470 ext. 1311.
REVIEW: 'RENAISSANCE OF AMERICAN COINAGE 1909-1915' BY ROGER BURDETTE
Call it "The White Book". Those of us who now have all
three books in Roger Burdette's "Renaissance" series will
notice a pattern when lining them up in order on the shelf.
The first volume, "Renaissance of American Coinage 1905-1908"
has a red pictorial cover. The middle volume, covering
the years 1909-1915 has a white cover, and the final volume,
covering the years 1916-1921, is blue. So this marvelous
set of books on a wholly American numismatic subject is as
red, white and blue as the American flag.
The "White Book" covering the middle years is actually
the last to be published, but no matter - the set as a
whole will stand for years as pioneering scholarship in
the field. Collectors of twentieth century U.S. coinage
(and their numbers are legion) will do themselves and their
collections a great favor by reading these volumes.
Roger has come to a very satisfying end to an endeavor
begun several years ago when, as a curious collector of
Peace Dollars, he set out to read all the information
he could find on the series. What he found was unfortunately
what many serious readers discover when delving into the
body of numismatic literature - that much of what was written
to date was simply copied from the work of earlier authors,
and much of the information within was incomplete,
contradictory, or just plain wrong.
Armed with the confidence only a neophyte researcher can
muster, Roger set out to look a little deeper, intending
to compile a short article on the subject in order to set
his own mind straight on the real story and true sequence
of events. We all know where Good Intentions often lead,
but in his case Roger followed a trail one crumb at a time
to numismatic nirvana.
In a lucky early break, someone advised him to check with
the Commission on Fine Arts. As it turns out, the Commission
has an extensive record archive going all the way back to
its founding in 1910. Per the Commission's web site, its
charter is to give "expert advice to the President, Congress
and the heads of departments and agencies of the Federal and
District of Columbia governments on matters of design and
aesthetics, as they affect the Federal interest and preserve
the dignity of the nation's capital... The Commission provides
advice to the U. S. Mint on the design of coins and medals,
and approves the site and design of national memorials,
both in the United States and on foreign soil..."
As readers can guess, one thing led to another and Roger's
article grew and grew. When he mentioned to dealer Julian
Leidman that he was considering publishing a book on Peace
dollars, Julian gave him some fateful advice. Julian was
unsure that there was enough material for a full book on
this coin, but thought there would certainly be a market
for one covering the broader range of early twentieth
century coinage.
His suggestion encouraged Roger to expand the scope of
his research to the entire era, heading back to Commission
archives, the National Archives, Library of Congress,
correspondence files, personal archives and the occasional
old newspaper. And just as his intended article had expanded
to a book, his book on what he dubbed the "Renaissance of
American Coinage" grew to a three-volume manuscript. Along
the way Roger published some of his findings in various Coin
World articles.
Well-researched, thoughtfully written and properly footnoted,
Roger's manuscript compiled a trove of original information,
much of which had either never been seen by previous writers,
or had been overlooked or misinterpreted. Yet Roger encountered
a new problem when he approached a major numismatic publisher -
those pesky footnotes would have to go. In the end Roger
self-published his work, putting what must have amounted to
tens of thousands of dollars into their publication. Now
Roger's investment of time and money (not to mention the blood,
sweat and tears of a lone researcher) are paying off in spades
for the numismatic hobby. These books are keepers.
"Renaissance of American Coinage 1909-1915" is a large format
(8 1/2 by 11 inches) 350-page hardcover, with glossy pictorial
covers like the other two in the series. Roger's Preface
describes the volume well, so here are some excerpts:
"The scope of this volume differs somewhat from its companions.
Volumes I (1905-1908) and III (1916-1921) stick closely to
origin, design and early production of the respective circulating
coins with limited exploration of other events at the Mint
Bureau. This middle volume covers the cent and nickel circulation
designs, then branches out to explore changes taking place at
the Bureau during the years between 1909 and 1915, including
the Panama-Pacific International Exposition commemoratives.
"In this period we also find a great terra incognito of
American numismatics: a nearly forgotten short-term mint
director, stories of special deals involving pattern coins,
dealers buying rarities direct from mint employees, and
a dozen other unsubstantiated facts clutter numismatic
history. Some of these tales were cooked up by auctioneers
and catalogers, others by collectors determined to establish
preeminence in their specialty, yet others as sly cover for
the truth. As will become evident, several events occurred
which changed the course of the mint and coin collecting.
Other supposed events either never occurred, or happened
very differently than reported in contemporary hobby
publications.
"Much of the basic research material about the Lincoln cent
and Buffalo nickel comes from a microfilm collection (T620)
prepared by the National Archives (now National Archives
and Records Administration NARA) staff in the early 1960s.
This has been the source of most material in previously
published accounts of the coins creation. Archivists collected
all the documents relating to these two coins and placed them
in separate files, which were then microfilmed. Regrettably,
this removed most of the documents from their original context,
making it more difficult to relate documents to one another.
Although most relevant documents were identified and filed
together, several escaped notice. These included letters
in Mint Bureau press copy books, and correspondence from
persons not obviously associated with the projects so far
as the archivists could determine. Unfortunately, over time
the physical files, including some of the photos shown in
Taxays U.S. Mint and Coinage, have become separated from
letters and telegrams."
The book's Foreword by Mark Van Winkle of Heritage Auctions,
Inc. likewise does a great job of describing the book, so
here are some further excerpts:
"The first time I spoke with Roger was in connection with
writing the book The Coinage of Augustus Saint-Gaudens as
Illustrated by the Phillip Morse Collection (a.k.a. The
Morse Book). Prior to the publication of Volumes I and III
of his three-volume series, Renaissance of American Coinage,
only a couple of articles had appeared in Coin World by this
previously unknown author/researcher. From reading the Coin
World articles, it appeared he could make a valuable
contribution to the writing of our book and when I contacted
him it was immediately obvious that he could.
"At that time, all I knew was the working title of his
three-volume series, and did not really comprehend the
scope of what he was attempting. When I spoke to him I
asked if he was familiar with Homer Saint-Gaudens article
in the June 1927 issue of The Mentor magazine. Yes, he
replied, he was familiar with it and he would not consider
it as a source for his book.
"His response initially surprised me. He explained that
Homers article was a secondary source, 20 years removed
from events, and written by someone who was not actually
involved in the process of producing the coins. It was then
that I began to realize what Roger was attempting to publish:
a comprehensive history of the renaissance of American
coinage from its earliest inception in 1905 through the
Peace dollar in 1921 based entirely on original source
materials.
"When Volumes III and I were published in 2005 and 2006
respectively, they set a new standard for numismatic
research. The reception of those two volumes was uniformly
positive throughout the numismatic community, and predictably
the 1916-1921 volume received the 2006 Book of the Year Award
from the Numismatic Literary Guild.
"There is some inevitable duplication of material from
other works, most notably David Langes books on the Lincoln
cent and Buffalo nickel (to which Roger also was a contributor).
However, most of this volume, as with Volumes I and III,
presents material that is entirely new to collectors. As
such, it represents a significant contribution to the
numismatic knowledge of this important and extensively
collected era in U.S. numismatics. Once again, Roger Burdette
has raised the bar for numismatic research."
Heritage Auctions generously underwrote the publication
of this final volume, and they deserve a hearty thank-you
rom all of us.
I learned a number of interesting things when reading the
book although I won't pretend to have read all 350 pages
in detail (yet). For example, Burdette makes a convincing
case that it was Roosevelt's involvement in planning for
the striking of a Panama Canal medal (designed by Frank
Millet and sculpted by Victor Brenner) that eventually
led to the selection of Brenner for the cent design. I
also learned that Brenner was once arrested and convicted
of counterfeiting official seals in Russia.
Other nifty facts: a Lincoln design was originally considered
for the nickel, and when Brenner began working on his Lincoln
Cent design Charles Barber began working on a Washington
design for the nickel. James Fraser also created an obverse
design for a Lincoln cent. I further learned from Roger's
book that Brenner made an extensive proposal for coinage
redesign including a Lincoln Half Dollar and a nickel with
a walking Liberty similar to the French two franc coin.
Burdette also digs into the facts surrounding the controversy
over William H. Woodin's purchase of two $50 gold patterns
and his subsequent surrender of them, along with the pattern
dealings of William Idler and John Haseltine.
Illustrations are plentiful and often eye-opening, such
as the very crude 1911 sketches by James Fraser of designs
for the reverse of the Buffalo nickel and Robert Aiken's
sketches for the octagonal $50 Pan-Pacific coin.
The occasional typos are minimal, such as the misspelling
of Glenn Smedley's first name as 'Glen' (p337). In another
example the word 'or' is used when it should be 'for':
the only metal acceptable FOR striking the medals was
contained in the staybolts (p23). Although such minor
problems could be fixed in a second edition, as Dave Lange
points out in the following article, due to the economics
of publishing numismatic literature today, a second edition
is unlikely. Once the set goes out of print I wouldn't
be surprised to see their aftermarket price reach $350 or
more. Don't miss out on the opportunity to complete a
set now while they are still available.
Roger writes: "Though November 15, 2007 I'll honor the
$44.95 postpaid pre-publication price for anyone who mentions
The E-Sylum when ordering (the retail price of the 1909-1921
book is $64.95). For E-Sylum readers wishing to order the
complete set of three volumes, the price is $155 postpaid
through November 15 (retail $194.85). I can be reached
via email at SenecaMillPress at aol.com or accurateye at aol.com."
For more information on the Commission on Fine Arts, see:
http://www.cfa.gov/
MORE ON THE AFTERMARKET FOR NUMISMATIC BOOKS
Last week I asked, "What relatively recent books are
bringing high multiples of their issue price?" Dave Lange
writes: "Years ago I heard a saying that applies quite
well to the market for numismatic books (and other
specialized books, I imagine). It went something like
this: 'When a book is in print you can't give it away,
and when it's out of print you can't buy it at any price.'
I may have heard that from Cal Wilson or John Bergman,
but it likely goes back further still.
"Only rarely have I had to stretch to buy a numismatic
book I wanted, because I make a point of buying most
worthwhile references as they're published. Of course,
this has applied only to books issued during the past 30
years or so, but most of the older references I desired
were still available in either the original or reprint
editions. At the time I was building my numismatic library,
Quarterman was putting out excellent reprints (sometimes
with additional, new content) of the standard American
references that were scarce in original editions. I've
been very fortunate that most of the standard series
references used by professional numismatists and advanced
collectors have been either published or reprinted during
this 30-year period. These days the books I'm buying
secondhand at above their issue prices are almost
exclusively titles pertaining to specific areas of
world numismatics.
"I, too, am amazed by how valuable some once common
books have become. A title that I'm asked about frequently
is the Wiley/Bugert book on Seated Liberty Halves. I was
pleased to buy my copy directly from the authors at its
debut during the 1993 ANA convention, but it has since
become one of the most highly sought USA titles and one
that is almost unobtainable. The same is true for Volume
One of the Bowers/Borckardt silver dollar encyclopedia.
As a working numismatist, I've worn out my own library
copy and have scribbled notes, observations and updates
all over it. When attributing coins at shows, I now have
to work from a photocopy of it, the second original copy
that I used to travel with having been 'liberated' by
some unknown party, due perhaps to the recent record
prices for this title in the secondary market.
"To show the contrast between perceived values over time,
no better example comes to mind than the Breen proof book.
Though it has been somewhat discredited in recent years,
it still brings good money when an original hardcover
copy becomes available. When first published, however,
this book went begging. The subject matter seemed too
esoteric 30 years ago, and there were few purchasers.
For example, I received my copy as a free premium when
subscribing to NASCA's auction catalogs.
"Another example may be found in the Akers' six-volume
series on USA gold coins (7 volumes, if you include the
gold pattern book). These books came out at a time when
there was nothing comparable for gold specialists, and
they did sell quite well. Volume 6 on the double eagle
series was popular enough that it had to be reprinted a
few years later. In due time, however, the books were
all sold, and the demand for them grew at an amazing pace.
Volume 5 on eagles was particularly rare, as this denomination
was the most difficult coin series to complete and thus sold
fewer copies when new. Huge prices were recorded for either
single volumes or the complete set throughout the late 1980s
and until quite recently. While these books are still
desirable, the availability of newer titles in the past
two years seems to have diminished the frenzy a bit.
"I've always realized far greater profit selling books
than coins, whenever such occasions arose. For example,
I purchased my mint copy of Hibbler-Kappan in the early
1980s, when many copies were available as publisher
overstock. I doubt that I paid even $10 for it, but the
recent surge in the popularity of so-called dollars drove
up its value to the $100-140 range in just the past three
or four years. Knowing that a new edition was soon to appear,
I did the unthinkable: I threw my only copy on eBay, where
it realized a price solidly within that range. I did this
without any sense of guilt and not wanting to get burned
once again with a soon to be nearly worthless, obsolete
book. This had happened to me with the first edition of the
Breen/Gillio book on fractional gold. I had known of the
new edition early on and could have sold the old one for
nearly $100, but I waited too long and ended up just
donating it to a coin club book sale when the new edition
rendered it obsolete.
"In my estimation, other books that are likely to become
valuable once they are sold out include Bob Van Ryzin's
'The Crime of 1873,' Rusty Goe's historic works on the
Carson City coinage and personalities and Roger Burdette's
landmark works on the USA coinage of 1905-21. None of these
seem likely candidates for second editions, due to the
peculiar economics of book publishing.
"I suppose it has always been true that highly specialized
works sell poorly when new, but the best ones are always
winners in the secondary market once they've gone out of
print. I don't yet know whether this will be the fate of
my own coin board book, but I don't see it selling out
anytime soon. To make it cost effective on a per-unit basis,
I had to print perhaps more copies than the current market
for such a specialized work can absorb. I may be wrong about
this, and I hope that I am, but if book writing and publishing
were viewed solely as a business undertaking, the only books
we'd have to read would have titles that start out with
"How to get rich by [fill in the blank]."
[I've sold a few books under similar circumstances myself,
such as the Breen-Gillio work on California Fractional Gold.
I had a nice deluxe hardbound that I couldn't bear to part
with, but I sold my working softcover copy. One book I
regret parting with is the Kessler book on Fugio Cents.
Almost on a whim I threw it in with a consignment I was
sending to a dealer and I got a great price for it, but
the new book Id heard about hasnt materialized (yet).
I'm in agreement with Dave about the works of Van Ryzin,
Goe and Burdette, and could add a number of other recent
authors to that list. I've also been one to always
purchase new works at the time they come out, particularly
the ones in areas where a second edition isn't likely.
One I regret NOT purchasing (as many of us probably do)
was the set of John J. Pittman sale catalogs. These were
priced quite high initially and I'm sure many people like
myself who would have ordinarily ordered them passed in
protest hoping to buy them cheaper on the secondary market.
That didn't happen. -Editor]
ON THE AFTERMARKET FOR NUMISMATIC BOOKS
http://www.coinbooks.org/esylum_v10n42a17.html
THOSE FANTASTIC AND FABULOUS COINS
Last week Pete Smith commented on John J. Ford's description
of an assay ingot as a "fabulous" piece. Pete quoted the
dictionary definition of "fabulous" - "of or like a fable,
imaginary, fictitious or legendary."
Tom DeLorey writes: "Many years ago Eric P. Newman told
me that the book he and Ken Bressett wrote was entitled
'The Fantastic 1804 Dollar' to denote that the coins were
just that, fantasies struck after the date shown on them,
a fact not generally known at the time. Of course, the
book made the coins even more popular and desirable
than ever before."
[The Newman-Bressett book was one of the first numismatic
books I ever read, and it took me a long time to catch on
to the true meaning of the title. -Editor]
WHAT FABULOUS ASSAY INGOTS
http://www.coinbooks.org/esylum_v10n42a04.html
FRED HOLABIRD ON THE JOHN J. FORD ASSAY INGOT SALE
Fred Holabird of Holabird-Kagin Americana writes:
"Concerning the Ford sale last week, certain comments
were made that continue to exhibit blatant bias and
unsupported accusations, which, in some cases, The E-Sylum
noted and carefully responded to. Ongoing work on ingots
has shown that there are more than one forger, coming from
different parts of the country during different periods.
The blatant bias ignores the strong possibility that some
of these ingots were made by people feeding into the greed
(or passion) of Franklin or Ford (though they easily could
have contracted to have had some of these made). Further,
scientific and historical work on several of the ingots in
question has not been completed. Wild unsupported
speculation regarding an ingot's authenticity and maker,
as well as what ingots Ford had or didnt have and what
were done with them, does no good for the industry.
Likewise, comments on the estimates and cataloguing are
curious, but basically meaningless. The hammer determined
the ultimate outcome.
"Simply put, the ingots in the Ford sale did well because
there are many collectors who want genuine pieces. The
Stacks sale directly followed the trends set by our buyers
in past sales: In order of preference: 1) Assayer bars, well
marked; 2) fancy presentation bars; 3) Scarce mining camp
assayers; 4) lesser, well marked assayer bars 5) genuine
antique bars with poor markings. It also follows that those
bars made by assayers related to those that made the gold
bars of the SS Central America are worth a significant
premium.
"While I have my own private opinions on some of the bars,
I would generally never voice them publicly, because we
are taught to avoid rendering an opinion on a specific
piece that we have not tested. Exceptions exist.
"Prior to the sale I was asked about the bars by at least
fifteen prospective buyers. Because I was involved in
possible purchase of many, I was unable to fully comment
to anyone, except those to whom I was a direct agent.
"Where was all the comment on the paper Clark Gruber piece?
"Regarding the comment: 'what were they thinking': If
prices went high for specific lots, there was a very good
reason. Just look at the buyer and underbidder as examples.
In some cases, specific pieces were clearly condition census
pieces - some of the finest known. In another example, the
assay sheets, very few people know the actual rarity of
specific pieces. I hope to publish this in our upcoming
catalog. In example, I bought all the JG Kellogg pieces,
and the Wass Molitor bullion receipt. They were among the
only ones known. Several others were in the same category,
unknown to most bidders.
"Another curious thing happened. When those of us who have
dealt in this material for decades see specific pieces we
have never seen before, sometimes we just step up to the
plate and buy it. Great rarities, particularly from the west
for our market, are in tremendous demand. Clearly, more than
one person had the same opinion.
"In summary, from my view, it was a great sale, well attended
and well marketed. The material was of premium caliber, and
my hat is off to Stack's for promoting and selling paper western
Americana, which until now, was a relative secret held by our
own clientele. Its great stuff, fabulously rich in history, and
generally exceedingly rare."
JOHN KLEEBERG ON THE FORD INGOT SALE
http://www.coinbooks.org/esylum_v10n41a07.html
ALAN WEINBERG ON THE STACK'S JOHN J. FORD XX AND XXI SALES
http://www.coinbooks.org/esylum_v10n42a05.html
QUERY: STACK'S FORD SALE HARDBOUND CATALOG PRINT RUNS
David Gladfelter asks, "Do we know what the press runs were
for the hardbound John J. Ford collection catalogs? My
guess would be about 500 copies each. This may have varied,
with the more popular series such as the Massachusetts silver
sale having higher runs. I understand that some of the
catalogs are already out of print, but I don't know which
ones."
[Good question. Can anyone fill us in? This will be
useful information for future bibliophiles. -Editor]
QUERY: COIN DEALER DAVE BISCHOFF INFORMATION SOUGHT
Jack Leach of Macon, GA writes: "The more I read your
site the more impressed I become. I will be joining.
I would like any information on coin dealer Dave Bischoff.
I knew David as a dealer in the late 1960's and visited
him as he was setting up a coin shop in Orlando in 1969.
He went on to success in the poster business in the early
1970's. I saw him last at a Florida coin show about 1975
or 1976 where he was a visitor. Also, he had a partner
whose name I have forgotten but would like to know. Any
help would be appreciated."
JIM JOHNSON AND THE 1802 DIME
Last week Ginger Rapsus cited the 1802 Half Dime as a
rare U.S. coin actually intended for circulation, as
opposed to fantasies such as the 1804 dollar and 1913
Liberty Head nickel.
Tom DeLorey writes: "I have a cute story regarding an
1802 Half Dime. Many years ago I collected error coins,
and avidly read Coin World's "Collectors Clearinghouse"
column written by James G. Johnson. Eventually I went
to work for that column, and worked with him for several
months in 1974 as he wrapped up his affairs prior to
retirement.
"In his lifetime Jim had collected a complete date and
mint mark set of half cents through silver dollars actually
issued for circulation, including an 1894-S dime. He was a
teacher before his hearing loss drove him to writing, and
never had much money to spend on coins. As a result, many
of his coins were in low grade, but he said that he wanted
coins that people had actually used. When I was able to
convince him that the 1864 Half Dime was not a Proof only
issue, I sold him one that had turned up in Sidney.
"Fast forward to an ANA convention in the late 1990s. A man
came up to our table with a very low grade 1802 Half Dime.
The piece was worn almost smooth, but because it had been
bent early in its lifetime the date area was somewhat protected,
and clearly showed the 1802. I looked at the coin and told
the owner that I used to work with a man that this would have
been absolutely perfect for, and told him briefly about Jim's
collection and finished by saying 'His name was James G. Johnson
from Sidney, Ohio.' The man visibly started, and said 'That
was my father!' It was indeed Jim's coin!"
REAL COINS VS FANTASIES
http://www.coinbooks.org/esylum_v10n42a14.html
INFORMATION ON THE BEESON 1838-O HALF DOLLAR
Following recent trips to Europe, California, Michigan and
Pennsylvania, Dave Hirt writes: "I'm happy to be home again
surrounded by my numismatic books and catalogs. I really
enjoyed last week's E-Sylum issue. Thanks for the great
job you do.
"You had an inquiry from David Ganz about the 1838-O Half
Dollar sold in Haseltine's Besson sale. I believe the purchaser
may have been fellow Philadelphia collector Robert Coulton
Davis. I have a plated catalog of the Davis sale held in 1890.
The obverse of the 1838-O is pictured, and seems to match
Haseltine's description. The coin realized $51, a high price
considering branch mint collecting was not widespread at that
time. The buyer was 'Chapman'. I would think it was the firm
of the Chapman Brothers, Henry and S. H. Hudson."
QUERY: 1989 VINTAGE AUCTIONS SALE PRL: 1838-O HALF DOLLAR PRICE SOUGHT
http://www.coinbooks.org/esylum_v10n41a10.html
ON THE NEXT EXECUTIVE DIRECTOR OF THE ANA
Alan V. Weinberg writes: "I'd like to see a numismatist,
not a lawyer or 'professional executive', take the newly
opened position of ANA Executive Director - someone who
understands the hobby-industry and the member-collectors
and dealers. Unfortunately, any candidate would have to
be aware of the time away from home and family and the
'political flack' one takes, although it's certain now to
be substantially less - particularly since the newly-elected
Board of Directors with its mostly highly qualified membership
will be taking a much more active role in running the ANA,
presumably making the new Executive Director's position so
much easier and less controversial.
Message to the Board of Directors searching for a new
Executive Director: Look from within the hobby! The talent
is there."
[While I would never rule out a talented outsider, I agree
that the board should carefully consider candidates from
within the hobby or even within the walls of headquarters.
Sometimes the best candidates are the easiest to find.
-Editor]
ON THE ANA'S LAMP OF KNOWLEDGE LOGO
Dick Johnson writes: "Our esteemed editor tossed off a
line in last week's item on returning the name of the
present version of the American Numismatic Association's
magazine to 'The Numismatist' -- what it had been for been
for over one hundred years -- after it had been changed a
few years ago.
"'What's next' Wayne Homren asked parenthetically, 'restoring
the Lamp of Knowledge to the organization's logo?'
"Oh Yes! Please do! Board members please note!
"I wrote a long editorial in Coin World on just that subject
when the change occurred. The new logo -- what someone called
a 'Liberty head inside a Russian hammer and sickle without
the hammer' -- is a GRAPHIC symbol, two dimensional. Our
field (at least coins, medals and tokens), collects and
studies GLYPTIC, three dimensional, objects.
"The ANA should have a GLYPTIC object as its trademark
or logo. Doesn't that make sense?
"The ANA logo should be a small relief symbol, even
though it can be expressed graphically in print. The
old Lamp of Knowledge symbol was exactly that. It was
taken from a medal designed by sculptor Lewis King,
created in 1971, from the logo the organization had
used since its founding (although other relief versions
have been created over the years). The Lamp of Knowledge
is a student's lamp to further the symbolism that we all
study numismatic objects."
[At Saturday's Banquet of the Pennsylvania Association
of Numismatists, ANA Board member Joe Boling discussed
a number of ANA issues, and he was asked about the magazine
name and logo. While both issues have been discussed, no
decisions have been made. Boling noted that there are a
number of costs associated with changing a logo, and that
any change would likely be implemented gradually, just
as the most recent change was accomplished.
Although some advocate simply going back to the previous
logo, others suggest considering a totally new depiction
of the Lamp of Knowledge symbol more in keeping with current
artistic styles. These suggestions are in line with what
Dick is proposing - a new version which addresses other
shortcomings of the old design. I'm in agreement - should
the Board vote to return to a Lamp of Knowledge symbol, I
would prefer to see a new version created. -Editor]
SUPPORT ANCIENT COINS FOR EDUCATION
Speaking of numismatic education, I've mentioned the Ancient
Coins for Education program in the past. Zee Ann Poerio
of the St. Louise de Marillac School in Pittsburgh PA is
a teacher who has been deeply involved in the program,
using coins to help teach her students ancient languages,
culture and history. She writes: writes: "I will be doing
the Ancient Coin Museum exhibit at the South Hills Village
Barnes & Noble again next week on Saturday, November 3.
Our school is having another Book Fair. Jamie Clifford,
the author of 'Double Daggers' will be here from South
Carolina. Also Mike Aquilina will discuss Christian symbols
on ancient coins. The Latin Club will also do a short
presentation. We will have coins donated by ACE for a drawing
to those who attend and The US Mint donated some of the new
dollar coin boards to pass out along with the penny blanks."
[I'm proud to have had a part in encouraging the Pennsylvania
Association of Numismatists to make a series of donations
to ACE to fund coins for classrooms throughout Pennsylvania.
I encourage collectors throughout the U.S. to consider making
a donation to this important educational program. -Editor]
To view a narrated photo show on the coins PAN donated to ACE, see:
http://voicethread.com/#u2251.b1726.i18717
To visit the ACE web site, see:
http://ancientcoinsforeducation.org/
BOOK REVIEW: DOUBLE DAGGERS BY JAMES CLIFFORD
http://www.coinbooks.org/esylum_v10n01a02.html
QUIZ ANSWER: UMI KENETA
Richard Doty, Pete Smith and Neil Shafer were all quick to
provide the answer to last week's quiz question. I asked,
"What coin bears the denomination "Uni Keneta", and who
designed it?" The answer is the Hawaiian dollar of 1883,
designed by Charles Barber. Gar Travis and Marc Charles
Ricard also knew the answer.
However, your fat-fingered editor introduced a typo so
technically, the rest of you can get points for NOT answering.
Neil was the only one to notice that the denomination is "UMI
Keneta", not "UNI Keneta". I thought of the question while
reading the Hawaii chapter of Roger deWardt Lane's dime book,
quoted below:
"The Hawaiian dime is the only other country in addition to
the original United States of America to carry the denomination
of one dime. There is however a second denomination; umi keneta,
in the native Hawaiian language."
http://www.dewardt.net/dimebook/Hawaii.pdf
Gar Travis writes: "I wrote the following description of
the coin and use it in my work: Designed by Charles E.
Barber in 1881 the Hawaiian One Dime was part of a five
coin series that saw use in the islands until the islands
became a territory of the United States. The islands were
annexed by the United States in 1898; however the coins
circulated until 1900. Circulation business strikes were
minted at the San Francisco Mint (without mintmark) from
November 17, 1883 through June 1884 (all dated 1883). Of
the 250,000 business strikes minted, 79 were melted. The
reverse legend UA MAU KE EA O KA AINA I KA PONO means:
The life of the land is perpetuated in righteousness."
Marc Charles Ricard forwarded the following from a November
19, 1989 New York Times article by Jed Stevenson: "In 1880,
Hawaii's monarch, King Kalakaua, authorized a new coinage -
one that more closely followed United States coinage. His
associate Klaus Spreckels contracted the United States Mint
to produce silver coins for the islands: 700,000 half-dollars,
500,000 each of quarters and silver dollars and 250,000 dimes.
The total was $1 million worth of Hawaiian coins.
"Spreckels made a small fortune acting as the middle man
so it is not too surprising that all the coins depicted a
portrait of King Kalakaua. The coin was designed by Charles
E. Barber, one of America's most famous coin designers.
The obverse has the legend ''Kalakaua I King of Hawaii.''
"The reverse of all the coins, except the dime, shows the
royal coat of arms and the value of the coin denoted in
fractions, such as 1/4 D. for a quarter dollar.
The Hawaiian motto ''Ua Mau Ke Ea O Ka Aina I Ka Pono''
ran around the top of the reverse. In English, the phrase
means ''the life of the land is in righteousness''.
The reverse of the dime stated simply ''One Dime.''
Translated into the Hawaiian it is ''Uni Keneta''."
To read the original New York Times article on Hawaiian coinage, see:
http://query.nytimes.com/gst/fullpage.html?res=950DE0DE1130F93AA25752C1A96F9
48260
[This was the first mention I recall of the involvement
of San Francisco sugar magnate Klaus Spreckels in the
production of Hawaiian coinage. Does anyone know if this
connection has been written up elsewhere? -Editor]
QUIZ QUESTION: UMI KENETA
http://www.coinbooks.org/esylum_v10n42a25.html
NATION OF COUNTERFEITERS AUTHOR STEPHEN MIHM ON BOOKTV
On October 7 we published a review by Richard Doty of the
new book 'A Nation of Counterfeiters: Con Men, and the Making
of the United States' by University of Georgia history
professor Stephen Mihm.
Harry Waterson writes: "C-SPAN 2 is BookTV on weekends,
and this last weekend they ran a 1 hour, 10 minute presentation
about early banknotes by Mr. Mihm. They are rerunning it this
week at BookTV.Org as a streaming video. I found it fascinating
and recommend it to your readers, although it may not be
available for long."
[My copy of the new book arrived in the mail last week,
and it looks like a wonderful read. The BookTV episode
is a recording of a talk Mimh gave at the Library Company
of Philadelphia. Although he illustrated his talk with
slides, these do not show up well in the video. Still,
it's an enlightening presentation even for those of us
already familiar with obsolete currency and counterfeiting.
Click the red "Watch" button on the page (RealPlayer required).
-Editor]
To view the BookTV program with Stephen Mihm, see:
http://www.booktv.org/program.aspx?ProgramId=8675&SectionName=History&PlayMe
dia=No
BOOK REVIEW: STEPHEN MIHM'S NATION OF COUNTERFEITERS
http://www.coinbooks.org/esylum_v10n40a04.html
MONTROVILLE DICKESON HANDBILL ON EBAY - A LESSON FOR BUYERS
Pete Smith writes: I was very excited by an item that
appeared on EBay last week. It was a handbill promoting
a lecture by Professor Montroville Dickeson and presentation
of the Egan Panorama. E-Sylum readers may recall my report
of viewing the panorama at the Minneapolis Institute of
Arts on July 29, 2004.
"Dickeson is the author of a pioneering encyclopedia on
American coinage. He studied the Ohio and Mississippi
valleys and dug Indian mounds between 1837 and 1844. The
panorama, painted by John Egan in 1850, is 7.5 feet high
and 348 feet long. It was mounted on rollers that were
turned to show each scene. Dickesons lectures around
1852 were theatrical performances based on his observations.
While the handbill is not a piece of numismatic literature,
it is a great association item.
"In my library I have five books and catalogs related to
the Dickeson Egan Panorama. This is not an indication
of the breadth of my library but rather the depth of my
interest in the panorama. The handbill would be a great
addition to my collection.
"I hoped the handbill might slip by unnoticed. After two
days the bid stood over $60 indicating at least two bidders
with a serious interest. Two days later the bid was at
$16.50. An earlier bid of $355.75 was withdrawn with the
explanation, Entered wrong amount. I knew it would take
a bid over $60 to get back in competition.
"Mississippi Panorama, edited by Perry Rathbone, is
the catalog of an exhibition in St. Louis in 1949. This
has an illustration of a Dickeson handbill with a blank
space near the top. I assume these were printed in large
quantities with a specific time and location added later.
The item on eBay had the space filled with at the City
Art Museum of Saint Louis.
"Here is where the story gets interesting. The book has
this statement about the 1949 exhibition, The original
handbill, twenty inches long, advertising Dr. Dickesons
magnificent scenic mirror, was reproduced in facsimile.
With the Museum inserted, copies were given to the audience
as souvenirs of this gorgeous Panorama.
"An original handbill from 1852 would be ephemeral, with few
survivors (which is why we call it ephemera). A souvenir from
1949 is much more likely to be retained.
"The item closed Sunday night at $218.49 with the underbid
at $215.99. The third bid was $105. Six bidders participated
with 15 bids.
"I wont pretend to know what the item is worth. If I thought
it was an original handbill from 1852, I would still not have
bid enough to win the item. As a 1949 souvenir, the item is
worth considerably less. I have no way of knowing what the
seller thought he was selling or the bidders thought they
were buying.
"It is quite likely that the buyer doesnt have the book.
There are a couple of other clues to age. The City Art Museum
of Saint Louis was named in 1912, a fact easily found on the
web. Also the paper has the color of deteriorating modern
paper rather than 1852 era paper. This is easy to say when
one knows the facts.
"A specialist or scholar with a good library may find bargains
on eBay based on knowledge of the topic. Knowledge and a
good library can also keep one from bidding too much."
MILITARY PERSONNEL RECORD ACCESS OPENED
Dick Johnson writes: "If you are researching a person
of numismatic interest that served in the U.S. military
this could be good news. The National Archives announced
this week that they have opened access to all military
records prior to 1946.
"Apparently this applies to the massive records center
located in St. Louis, and the earlier records in Washington
DC. Is there, perhaps, an E-Sylum reader who would like
to do this research in the St. Louis area?
"Here is the exact wording of the release this week:
'The National Personnel Records Center (NPRC) has announced
it will open for the first time all of the individual
Official Military Personnel Files (OMPFs) of Army, Army
Air Corps, Army Air Forces, Navy, Marine Corps and Coast
Guard military personnel who served and were discharged,
retired or died while in the service, prior to 1946.
'Collectively, these files comprise more than six million
records. This is the second step in the progressive opening
of the entire paper and microfiche OMPF collection of over
57 million individual files. Additional military personnel
records will be made available to the public each year
through 2067 until the entire collection is opened.
'To view an original record, individuals may visit the
NPRC Archival Research Room in St. Louis, MO. Research
room hours are 10 a.m. to 4 p.m. Central Time Tuesday
through Friday. Visitors are strongly encouraged to call
ahead (314-801-0850) to make reservations.
'The National Personnel Records Center, Military Personnel
Records (NPRC-MPR) is the repository of millions of
military personnel, health, and medical records of
discharged and deceased veterans of all services during
the 20th century (Records prior to WWI are in Washington, DC).
'NPRC (MPR) also stores medical treatment records of
retirees from all services, as well as records for dependent
and other persons treated at naval medical facilities.' "
WAYNE'S NUMISMATIC DIARY: OCTOBER 28, 2007: THE ZOMBIE COIN SHOW
I worked on completing last week's E-Sylum while I ate
breakfast in my home office early Monday morning. When I
got to my REAL office I attended to some priority tasks,
then completed the E-Sylum chore and published the issue
(a chore I repeated this week).
Wednesday afternoon, after getting a phone call from John
Burns, I pulled together the special E-Sylum issue on
numismatists and the California fires. That evening I
compiled responses on the topic and finished drafting my
review of Roger Burdette's book.
Thursday morning I called Don Carlucci to discuss the
weekend's PAN show and make some suggestions for the
officer's meeting. That evening I made sure my exhibit
on Operation Bernhard notes was packed and ready to go.
At noon Friday I left my office and met my family at home.
My wife Dee had pulled our boys out of school early so we
could begin our journey to Pittsburgh, where I would be
helping out with the Coins4Kids session at the coin show
sponsored by the Pennsylvania Association of Numismatists.
We checked into the Radisson hotel next to the show and met
her sister's family for dinner. Afterwards I went off on
my own to meet an old roommate from my single days living
in New Jersey. He and I had both worked at Bell Labs but
lost touch over the years. He was in town for a convention
at the Airport Marriott hotel. A wedding reception was
also going on at the hotel, and it being close to Halloween
the couple decided to make it a costume affair. I did a
double take as I watched Pancho Villa, Snow White and an
Amishman walk into the bar. (If anyone can complete that
joke for us, I'd love to hear it!)
It was great to see Tony, his wife Mary Lou and their
lovely daughter Veronica. Afterwards I got in my car and
headed back to the Radisson on the other end of town. It
was going to be a spooky weekend. The other event going
on at the Pittsburgh Expo Mart was the 2007 Zombie Fest.
Inspired by Pittsburgh filmmaker George Romero's 'Night
of the Living Dead' films, the event features 'The Zombie
Ball - The Zombie Party of the Century', where The Expo
Mart 'will be transformed into a huge Zombie discotheque.'
First thing in the morning I went over to the convention
to set up my exhibit on Operation Bernhard notes. I quickly
ran into PAN show regulars Ray Dillard, John Eshbach and Jerry
Kochel. At the exhibit area I was greeted by Joe Boling, a
Governor and former Chief Judge of the American Numismatic
Association. He was working on judging the exhibits, which
(except for mine) had been set up Thursday night or Friday.
The exhibit area of the PAN show gets bigger and better each
year. This time there were two very long rows of exhibit cases.
I didn't have to look too long at the other cases to know
I didn't have a snowball's chance of winning. I wasn't
bringing my "A" game. I had a passable exhibit, but it
was more of a "first draft" than a completed exhibit. I'd
learned my craft as an exhibitor from Eshbach and Kochel,
two of the best, and knew better, but hadn't invested the
time to bring it up to snuff. I fared better than I thought
on my scores, but I know how to improve, particularly given
the helpful suggestions offered by some of the judges.
My wife had taken the kids off on an adventure for the day,
so I was left to my own devices at the show. Despite
having more time to spend there than I'd expected, the
show went by in a blur. I didn't get to see Byron Weston
like I'd hoped. Part of the problem (and it's a good problem),
is that I can't walk five feet at the show without running
into someone I know. I stopped to talk with many dealers
and collectors, including Larry Dziubek, Richard Crosby,
Dick Gaetano, Ed Krivoniak, Ed Narcisi, and Blaine and
Brad Shiff of Cybercoins.
After setting up my exhibit I stopped at the PAN Kid Zone
tables where Sam Deep, Josh Wadsworth, Emily Rankin and
her father Keith were getting set up before the show's opening
at 10am. The Kid Zone is a wonderful idea. There are three
tables with piles of Lincoln cents that kids are free to
look through in search of coins they need to fill in their
date/mintmark collection folders. The piles are seeded with
a wide variety of older coins. The tables were busy throughout
the show and afterwards Keith told me he thought a few
lifelong numismatists were made at the event - the kids
just loved it.
Next I went back to the registration area where I found
PAN Chairman of the Board Don Carlucci and Josh Wadsworth
working harder than elves the week before Christmas to fill
a couple hundred 2x2 holders with examples of the new Adams
dollar coin. The inserts for the 2x2s were printed up and
cut by Don based on my layout. The dollar coins would be
given to the first 75 kids at Saturday afternoon's Coins4Kids
event. I'd arranged for Joel Iskowitz (designer of the
Adams dollar and other recent coins) to come and speak to
the kids. I jumped in to help. While we were working
there Larry Korchnak (a fellow Western Pennsylvania Numismatic
Society member and expert on siege coinage) walked by and
told me, "Sam Pepys has got nothing on your London Diaries!".
He said he's enjoyed them so much he would pass them on to
his wife Karen to read.
Soon Joel Iskowitz arrived at the show and I went up to
introduce myself. I showed him around and learned that
PAN was the first coin show he'd ever attended. After
introducing him to Sam Deep and others at the Kid Zone
table, we found a quiet spot and worked on my computer to
make some last-minute updates to his slide presentation.
After finishing Joel's slides I got a call from another
old friend, a local high school buddy who'd come to the
show with his wife and son on my recommendation. I hadn't
seen Guy in a few years. I told him about how the show
worked, and we went back to the Kid Zone tables to meet
his wife and son, who was pouring through the cent pile
on his table. Later they came to the Coins4Kids event.
At lunchtime I took a walk with Don Carlucci and Joel
Iskowitz to the nearby Monroeville Mall, where we had lunch
after stopping at a framing shop to have two pieces of
artwork framed. One was a limited edition print of George
Gershwin donated to PAN by Joel for the fundraising auction.
The other was a nice print of an African Elephant made by
Joel. I was getting it framed to give to my wife Dee,
who collects elephant items.
Monroeville Mall was the setting for Romero's 'Dawn of
the Dead' film, where human survivors holed up to fight
off the approaching zombie hordes. I learned later that
on Sunday it would be the setting for an attempt to beat
the Guinness Record for World's Largest Zombie Walk, as
hundreds of people dressed as zombies shambled through
the Mall.
The rest of the afternoon was a real blur. I dashed back
to the show and set up my laptop and PAN's projector so
Joel could deliver his presentation. About 120 kids and
parents attended. Sam Deep warmed up the crowd, then I
introduced Joel. Next up was Joe Boling who talked about
exhibiting. The last segment was the auction, which the
kids always have fun doing. After Coins4Kids was over,
Joe walked through the exhibit area talking to several
kids about exhibiting. Later long lines of kids and
adults queued up to meet Joel Iskowitz.
I went back to the hotel to shower and change for the
7pm banquet. Dee and I left our kids in the able hands
of her Mom and went downstairs for the PAN banquet, where
we sat at a table including Joe Boling, Sam Deep, Kathy
Sarosi, Josh Wadsworth, Richard Jewell, Corleen Chesonis
and Charles "Skip" Culleiton. Jerry Kochel emceed the
event, where Joel Iskowitz was the featured speaker. He
gave a marvelous presentation about his career as an
artist and work with the U.S. Mint.
As the banquet was breaking up for the evening I went
around the room and had attendees sign a copy of a 2001
New York ANA Red Book that had been sold in the fundraising
auction. I lost out to Don Carlucci, then had loser's remorse.
I decided I should have bid more to have the book since
I'd then have something people could sign. When I offered
to buy it from Don he nicely just gave it to me. I missed
Tom Sebring and his wife and Kathy Sarosi who'd already
left, but I got most of the other attendees to sign.
The next morning as I waited to get in to the show to take
down my exhibit, the security guards were taking about the
Zombie Ball and the great costumes they'd seen walking by.
I went back to the hotel and picked up all of my bags - I
wanted to take my stuff down to the car so I'd have my hands
free to carry some of my family's stuff. A woman got in
the elevator, then I did the same. As the elevator doors
closed, a hand reached in. It looked bony and bloody. I
stared. The woman stared. The doors reopened and there
was a man with an ashen and bloodied face, wearing a dirty
and torn suitcoat. He asked "Got room for a zombie?"
My startled fellow passenger and I laughed and said, "Sure".
Down we went.
It was a nice drive home through the fall colors of the
Pennsylvania hills. We stopped for dinner near home, then
after unpacking got the kids ready for bed. I finished
drafting the E-Sylum, then called it a night myself. I
hope I dream of anything but zombies.
A BIZARRE BANK OF ENGLAND COUNTERFEIT TALE
The Sydney Morning Herald reported this week on the plight
of an Australian grandfather who got involved somehow in
a scheme involving counterfeit Bank of England notes.
"British police say Ross Cowie is the audacious frontman
of a counterfeit gang that sought to defraud the Bank of
England out of $64 billion. His Australian family says
the 62-year-old grandfather is a patsy.
"In this instance, Cowie's associates and fellow defendants
are five Chinese nationals - and a New Zealander still at
large. It's not disputed Cowie was their point man.
"The question to be settled over the next six weeks in
Southwark Crown Court is whether or not Cowie was suckered
into believing a story so crazy it could never, as it turned
out, be true. To wit, six Chinese people, aged between 109
and 116 years, had been hoarding £28billion from pre-Communist
days. They had decided to exchange the money for modern notes
and share it among their offspring.
"The yarn goes from quirky to quackery with claims that
the cash included a small mountain of £1000 notes, which
were in circulation until 1943 - and only 63 are said to
remain outside the bank's vaults - and the inclusion of
hundreds of special issue £500,000 notes that, in fact,
never existed.
"On Friday, the court was told the alleged conspiracy started
in December last year when Cowie sent an email to James Higgins,
team leader of counter services at the Bank of England. Cowie
said he was representing several Chinese families who owned
rare cash with an issue date of 1933.
"'Can you confirm £1000 bank notes were in circulation in
the 1930s and, assuming they are genuine, are redeemable
for current bank notes?' was the polite inquiry.
"In his reply, Mr Higgins confirmed the notes did exist,
and outlined the process to redeem them.
"In January Cowie sent a follow-up email, explaining that
'the family have been holding back a little and giving a
little information to see how things develop
while they
do have those £1000 notes, they also have £500,000 notes.
They have appointed me as a power of attorney to act for them'.
"A female bank employee replied that to the bank's
knowledge, £500,000 notes did not exist.
"Cowie responded that this caused him 'a great deal of
concern
I will take this up with the family as the bank
notes in my custody certainly seem to me to be the genuine
article, not that I am any expert'.
"He said that he still planned to travel to London to
swap the £1000 notes for smaller modern bills. 'The only
way to check [their authenticity] is to present them, so
we will proceed on that basis, if that's OK,' he wrote.
"On February 14, Cowie and a number of associates travelled
to the Bank of England's neo-classical premises in London.
They met a man who introduced himself as William Hickson,
a Bank of England employee. In fact he was an undercover
policeman and the meeting was being secretly taped.
"Following a further meeting in March, Cowie was arrested,
along with his alleged co-conspirators - Ping Shuen Mak,
56; Kim Ming Teo, 41; Kwok Kwong Chan, 55; Chi Kuen Chung,
53, and Chin Daniel Lim, 50."
To read the complete article (and view an image of one
of the 500,000 pound notes), see:
http://www.smh.com.au/articles/2007/10/27/1192941401759.html
JOHNSTOWN HOME HOLE-IN-THE-WALL COIN HOARD FOUND
"Talk about throwing away money. Piles of old coins
worth as much as $200,000 were found in a long-abandoned
home, including scores that the owner had apparently
thrown down a hole in the wall.
"Jeff Bidelman, owner of Rare Collectibles near Johnstown,
said he was helping the family clean out the house after
the death of the owners, who had not lived there for two
decades. He was dragging a bag of old coins down the
steps when he noticed the hole in an upstairs wall.
"'The woman said when she was a kid, there were always
rumors that that's where they threw their money,' Bidelman
told the Johnstown Tribune-Democrat.
"Within minutes of tearing down the first-floor wall
below the hole, Bidelman was wading in piles of old coins.
"After sorting through the coins, Bidelman found some
minted as early as 1793. Some are worth about $8,500
and have already been posted on the Web for purchase,
Bidelman said."
To read the complete article, see:
http://news.yahoo.com/s/ap/20071027/ap_on_re_us/odd_hidden_coins_1
[The original Tribune-Democrat article is more accurate
than the Associated Press report. There have been no 1793
cents found in the hoard yet, only coins as early as 1826
including Large Cents "which were minted from 1793 to 1857".
Still, it's an impressive hoard of pocket change. -Editor]
To read the complete article, see:
http://www.tribune-democrat.com/homepage/local_story_299233943.html?keyword=
leadpicturestory
THE STRANGEST THINGS TURN UP IN AUCTION
Once in a while we mention other collectibles in the news,
and one reader forwarded this item on an unusual lot in a
recent Heritage sale:
"A lock of socialist revolutionary Ernesto 'Che' Guevara's
hair and related items were auctioned on Thursday in Dallas
to a Houston-area bookstore owner for the very capitalist
sum of $119,500.
"The curious collection had belonged to Gustavo Villoldo,
71, a former CIA operative who helped hunt Guevara down in
the jungles of Bolivia in 1967 and who claims he cut off
the lock before burying the guerrilla fighter with two
of his comrades."
To read the complete article, see:
http://news.yahoo.com/s/nm/20071026/od_nm/hair_auction_odd_dc
[This item brings back memories of the interesting John J.
Ford monologue I witnessed at Armand Champa's home during
the 1988 "Invasion of Louisville" where a busload of numismatic
bibliophiles, including Ford, descended upon Champa's Louisville
home. Asked about what a particular item might be worth,
Ford launched into a long discourse on supply and demand
highlighted with a colorful description of the onetime auction
sale of a jar containing the pickled private parts of Napoleon
Bonaparte.
How much am I bid for this unique item? Were any of our
readers in the room to hear Ford's statements? And where's the
jar today? -Editor]
FEATURED WEB PAGE: CIRCULATING COINS OF THE ISLE OF MAN
This week's featured web page is the circulating coinage
of the Isle of Man, from the web site of the government
of the Isle of Man.
http://www.gov.im/treasury/coins/coins.xml
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