The Numismatic Bibliomania Society

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About Us

The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. For more information please see our web site at coinbooks.org

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Those wishing to become new E-Sylum subscribers (or wishing to Unsubscribe) can go to the following web page link

Membership

There is a membership application available on the web site Membership Application

To join, print the application and return it with your check to the address printed on the application. Membership is only $15 to addresses in the U.S., $20 for First Class mail, and $25 elsewhere. For those without web access, write to:

David M. Sundman, Secretary/TreasurerNumismatic Bibliomania Society
P. O. Box 82 Littleton, NH 03561

Asylum

For Asylum mailing address changes and other membership questions, contact David at this email address: dsundman@LittletonCoin.com

Submissions

To submit items for publication in The E-Sylum, just Reply to this message, or write to the Editor at this address: whomren@coinlibrary.com

BUY THE BOOK BEFORE THE COIN


You won't regret it!

WAYNE'S WORDS: THE E-SYLUM MAY 24, 2009

Wayne Homren Among our recent subscribers is C. John Ferreri. We now have 1,227 subscribers.

Ed Krivoniak writes:

On April 19 you reported no new members and a count of 1229.
On April 26 you reported 6 new members and a count of 1233.
On May 3 you reported 1 new member and a count of 1234.
On May 10 you reported 2 new members and a count of 1224.
On May 17 you reported 3 new members and a count of 1227


So why don't the numbers add up? Well, I don't list every new subscriber because all I really see are email addresses and addresses like "banjolvr51" are hard to translate. People subscribe and unsubscribe all the time and I’m unable to list everyone individually.

Sometimes the system automatically unsubscribes people after their email addresses bounce enough times, and that's what happened to drop the count on May 10th. So the number goes up or down independently of the new subscribers I list each week.

This week we open with updates from numismatic literature dealers Fred Lake and David Fanning, and later I discuss selected lots from David Sklow's upcoming sale. New books this week include Howard Daniel's new Vietnam book and a new edition from Krause of the Modern Paper Money book.

In the news, one numismatic firm changes its name, one loses a namesake and a videographer returns to business full-time. Topics continued from earlier issues include Werner Amelingmeier, Washington Irving, and the very rare Pliny Chase catalog of U.S. Civil War Tokens.

Other topics include the launch of the newest Lincoln Cent, the home of an early U.S. Mint Director, challenge coins, charge coins and barter art. To learn how go shoe shopping without cash money, read on. Have a great week, everyone!

Wayne Homren
Numismatic Bibliomania Society

LAKE BOOKS 98TH MAIL BID SALE CLOSES MAY 26, 2009

Fred Lake of Lake Books submitted this reminder of the closing date of his current numismatic literature sale. -Editor
Fred Lake Our 98th mail-bid sale of numismatic literature closes on Tuesday, May 26, 2009 at 5:00 PM (EDT). Your bids may be sent via email, fax or telephone until that closing time. You can view the sale at www.lakebooks.com/current.html

Please be advised that our fax number was not operational from Monday, May 11th until Monday, May 18th. If you believe that we may not have received your faxed bids during that time period, please resend or contact us. Good Luck with your bidding !

MAY 2009 ISSUE OF THE BOOKSHELF FIXED PRICE LIST AVAILABLE

David Fanning submitted the following note about his latest numismatic literature fixed price list. -Editor
Fanning Numismatic Literature

The May issue of The Bookshelf, the fixed price list issued by David F. Fanning Numismatic Literature, has been published. Regular customers will receive copies in the mail (if they haven’t already). The issue is also available on the firm’s Web site at www.fanningbooks.com/Bookshelf3Web.pdf .

The list includes 100 lots of numismatic literature. Highlights include James Mease’s 1834 description of American medals, published in the Collections of the Massachusetts Historical Society. This extremely rare volume is of considerable historical importance as one of the earliest American works written from a numismatic perspective, and is available for $1500.

David F. Fanning Numismatic Literature’s second auction sale closes on June 4. Bids are being received at a good rate, and bidders are encouraged to submit their bids early. Bids may be placed by post, e-mail or phone. David Fanning can be reached at (614) 256-8915 or dfanning@columbus.rr.com. The catalogue is available on the firm’s Web site at www.fanningbooks.com, and a handful of hard copies remain available

NEW BOOK: SOCIALIST REPUBLIC OF VIET NAM COINS AND CURRENCY

Howard Daniel reports that his latest catalog was finally delivered to his book representative in Ho Chi Minh City on May 22. Congratulations! Howard provided the following information. -Editor
Daniel Viet Nam The catalog is the Socialist Republic of Viet Nam Coins and Currency and it covers the financial instruments issued in Viet Nam from 1978 to date, to include, legal tender coins and notes, limited circulation bank checks, tokens, foreign exchange certificates, tokens, bonds, etc., etc.

There are also checklists at the back for collectors to inventory their collections. It is printed on the same high quality paper and cover as the annual Japanese Numismatic Dealers Association catalog, but in a slightly larger format.

It will sell for 250,000 Dong in Ho Chi Minh City at Saigon Coins & Stamps and the email there is SaigonCoin@cs.com. There is not yet a price for it in the USA and elsewhere because the shipping costs from Viet Nam to the USA have to be added to the calculation before it can be determined. There are two dealers in the USA who will be resellers. The first is Scott Semans at www.CoinCoin.com. And the second is Sema at www.ArtofHanoi.com.

They do not yet have their copies or a price so buyers can only notify them they are interested in purchasing it and to be notified once their shipment arrives. It will be much more efficient to order a copy from the two dealers because I am constantly traveling and not always available to ship them.

I will be selling the card cover version from the USA and can be contacted at HADaniel3@msn.com. But I am also planning to make about twenty-five hardcover versions of the catalog as done for my last catalog; Democratic Republic of Viet Nam Coins and Currency, which covers their issues from 1945 to 1978. This version will be for those bibliomaniacs wanting a hardcover for their library. Please remember, there is not yet a date and price either versions of the new catalog.

Again, congratulations to Howard on his latest publication and many thanks for his perseverance; his ordeal with his printer has been chronicled here and is ongoing. I'm glad he's thinking of us bibliophiles; those with an interest in the topic are encouraged to snap up the hardcover versions, so get your orders in. -Editor


NEW EDITION: WORLD PAPER MONEY MODERN ISSUES, 1961-PRESENT

Scott Tappa of Krause Publications forwarded the following press release. He writes:
We got our new modern issues paper money book back from the printer last week, and George is very pleased with how it turned out.


Krause World Paper Modern Issues As the largest and most comprehensive English language guide to world bank notes issued between 1961 to the present, the Standard Catalog of® World Paper Money Modern Issues, 1961-Present (available now from Krause Publications) serves a segment of the numismatic hobby which continues to grow in popularity and market activity.

This 1,112-page 15th edition features new listings and items that reflect recent developments and new varieties and discoveries. The release of new European Union issues, and upward market movement of segments such as early Queen Elizabeth II notes, high-grade early issues of African nations and Australian issues are all reflected in the details and listings of this comprehensive catalog. In addition, readers also will find numerous previously unlisted Specimen issues.

This new edition also includes a free CD featuring the complete contents of the book, in an easy-to-search PDF format which also allows readers to enlarge pages by 400%. A great tool for close-up inspection of notes and easier viewing of listings, the CD also provides another resource option for collectors and dealers during shows and while researching the Web for auctions. The CD is also available for purchase separately.

With more than 19,000 variety listings, pricing in three condition grades, 12,000 illustrations of bank notes and several appendices to assist with conversion and grading, this is the one stop resource to the modern paper money market.

For more information visit www.shopnumismaster.com .

Author George S. Cuhaj is a 15-year veteran of Krause Publications’ Numismatic Catalog Division, where he is also the editor of the Standard Catalog of World Coins series. Cuhaj hails from New York City, where he was previously on staff with the American Numismatic Society, Stack’s Rare Coins and R.M. Smythe & Co.

THE BOOK BAZARRE

DAVID SKLOW - FINE NUMISMATIC BOOKS Sale #7, closing June 13th 2009, Catalog is in the mail and available on line at our web site. www.finenumismaticbooks.com. Bidding is accepted via email. numismaticbooks@aol.com Telephone: (719) 302-5686, FAX: (719) 302-4933. U.S. Mail: P.O. Box 6321, Colorado Springs, CO. 80934.



SELECTED LOTS FROM THE JUNE 13, 2009 SKLOW NUMISMATIC LITERATURE SALE

David Sklow forwarded me the text and images of a few lots in his June sale that I thought would interest E-Sylum readers. Here are some excerpts. -Editor
Lot 238 Bowers and Merena, Inc. Auctions by. LIMITED EDITION PHOTOGRAPHIC PLATES: STATE COPPER COINAGE 1785-1788: TAYLOR COLLECTION MARCH 1987.

The Deluxe Numbered Limited edition No. 82 of 182 presented, 23 full tone photographic plates with tissue guards, oblong quarto format, purple leatherette covers, gilt. {also included} THE FREDERICK B. TAYLOR COLLECTION SALE. March 26-28, 1987, 317pp. 391 lots, prl, 4to, pictorial card covers.

Charles Davis writes in his work American Numismatic Literature, “Issued almost a year after the sale, it contains 23 full tone photographic plates of the obverses and reverses of 541 examples of Vermont (38), Massachusetts (42), New Jersey (118), and Connecticut (343) coinage, its oblong quarto format is reminiscent of the Wurtzbach plates of Massachusetts Silver.”

Sklow 2009 June LOT 238


I ordered one of these when it was first issued, and I'm glad I did. The photos are great. -Editor


Sklow 2009 June LOT 415 Lot 415 Champa, Armand. A PICTORIAL ALBUM OF THE INVASION OF LOUISVILLE AT THE HOME OF ARMAND AND KAY CHAMPA: HELD DURING THE ANNUAL A.N.A. CONVENTION JULY 23-24 1988: COPY NO. 4 PRESENTED TO REMY BOURNE. Louisville, KY. 1988, 28 photographic insert pages, 155 color 3 ½ x 5 inch photographs & 2 color 8 x 10 inch photographs, 4to. Special Limited Edition Presentation Binding, Half Black Leather with grey cloth, gilt covers, gilt spine with five raised hubs.

This is the very Limited Numbered Edition being No. 4 and presented to Remy Bourne; the front cover is lettered in gilt with full title and presentation information; the front endpaper is inscribed: To my good friend Remy Bourne this album is with my compliments, Enjoy, (signed) Armand Champa, Dec 13, 1988; the binding was done by Alan Grace (Champa’s official binder); the distribution list of the 14 presentation editions is slipped in the first photo sheet, an invitation is also slipped in the third sheet;

Also included is a copy of a telegram that some prankster sent to Champa on 7/23/88. Signed S.H. & H. Chapman, it stated that they are upset by not being invited and wanted all their catalogs returned. This brought a hearty laugh from Armand and the attendees.

I was lucky to be present for the affair, one of the highlights of my numismatic life. Armand was a generous and gracious host. Although his numismatic library was the star of the event, the participants were the true highlight of the day. Yes, John Ford stole the show with his endless numismatic stories, but even he couldn't dim the lights of the attending numismatic luminaries. I made several friendships that day that have lasted a lifetime. Thanks, Armand!

-Editor


Sklow 2009 June LOT 577 Lot 577 Katen, Frank J. LET THERE BE LIGHT. New Haven, Conn. Circa 1950. 24pp. 8vo. Original self covered.

A booklet prepared by “Committee of Eighty” containing reprints of Katen’s Koin Kapers that appeared in his auction catalogs 1949-1950; Katen was extremely out spoken against the ANA management, a stand that led to him being expelled; later (many years) he would be exonerated and his Life Membership reinstated; a very interesting booklet worth reading and very scarce and seldom available;









SOME CHANGES IN THE NUMISMATIC WORLD, SMALL AND LARGE

Below are excerpts from a press release issued Friday by Escala Group, parent of Bowers and Merena and other numismatic firms. -Editor
Escala Group, Inc. today announced that the Company has changed its corporate name to Spectrum Group International, Inc., effective immediately.

“The Company has undergone significant changes in the past few years, and our new name reflects those developments. Spectrum Group offers nearly 20 years of brand recognition as the name of our key rare coin wholesale subsidiary, and also conveys the breadth and scope of our collectibles and trading businesses, which now encompass precious metals, wine, rare U.S. and foreign coins, U.S. and foreign currency, U.S. and foreign stamps, and arms and armor.”

In connection with its name change, the Company’s trading symbol will also be changed, which is expected to occur within two to four weeks.

Spectrum Group is a consolidated global collectibles network. The Company is a leading auctioneer of stamps, coins, arms, armor and militaria, and other memorabilia, targeting both collectors and dealers. Spectrum is also a merchant/dealer of certain collectibles and trader of precious metals. The Company's collectibles offerings span the modest to ultra high-end price spectrum. Spectrum conducts its operations in two business segments: collectibles and trading.

Spectrum Group’s collectibles companies focused on philately are auction houses H.R. Harmer of Irvine, California, Corinphila Auktionen of Zurich, Switzerland, Heinrich Köhler Auktionshaus of Wiesbaden, Germany, and John Bull Stamp Auctions, Ltd of Hong Kong. Spectrum Group’s collectibles companies in the numismatics field include Bowers and Merena Auctions (rare coin and currency auction house), Ponterio & Associates (world and ancient coins and currency auction house), Teletrade (online coin auctions) and Spectrum Numismatics International (wholesale rare coin dealer), all based in Irvine, California. Spectrum Group also owns Greg Martin Auctions, which is engaged in the sale by auction of arms, armor and militaria, and will shortly be expanding into wine auctions.

The trading activities of Spectrum Group are conducted through A-Mark Precious Metals, one of the largest private sellers of bullion coins and bullion gold, silver and platinum to the wholesale marketplace. A-Mark’s subsidiary Collateral Finance Corporation, which is the Official Numismatic Lender of the American Numismatic Association, provides financing on a wide array of bullion and numismatic products.

To read the complete Escala Press Release, see: Escala Group, Inc. Announces Name Change (www.businesswire.com/news/google/20090522005070/en)

That was the small change. Over the weekend I heard that Larry Stack has left Stack's. That would be like Col. Sanders leaving Kentucky Fried Chicken or Dave Bowers leaving Bowers and Merena. Oh wait... stranger things HAVE happened... -Editor


Independent sources in a position to know have confirmed his exit. One E-Sylum reader I contacted writes:
Lawrence Stack Larry is Harvey Stack's son, Susan Stack's brother, nephew to the late Norman and Ben and grandson of founders Morton & Joseph. For the past 10 years or more, Larry was the controlling power at Stack's and was singularly responsible for bringing John J. Ford's estate to auction based on his longstanding friendship with Ford and Stack's relationship with researcher/cataloguer Mike Hodder, who was also close with Ford.

Larry adopted Ford's and Bowers' belief and practice in issuing informative, high quality auction catalogues which proved to be invaluable references years after the auctions occurred.


DAVID LISOT RETURNS TO FULL TIME NUMISMATIC VIDEO PRODUCTION

In yet another change in the U.S. numismatic field, David Lisot, formerly of Heritage, submitted this update. -Editor
David Lisot David Lisot has announced the resumption of his full time video production business. He specializes in creating programming that promotes numismatics and collecting He will be based in Dallas, Texas, along with offices in Boulder, Colorado.

He is executive producer for the website Cointelevision.com that offers free streaming video news and information to the numismatic hobby featuring interviews and current events from major coin conventions.

He continues to produce lectures, presentations and news clips for the major coin collector organizations including the American Numismatic Association, Central States Numismatic Society, Early American Coppers, Florida United Numismatists, Professional Numismatists Guild, as well as others. He recently concluded an agreement with the Greater Houston Coin Club to produce television commercials and advertising for the Money Show of the Southwest being held in December in Houston, Texas.

According to Lisot, the numismatic industry needs streaming video on the Internet to stay competitive. As the coin market adjusts to the current financial situation this new technology is needed to attract new clients and collectors.

Lisot was one of the pioneers in developing streaming video on the Internet. DVDs of his productions are available on Coinvideo.com. He continues to offer his services to dealers, auction companies and collector groups to bring affordable video production to the numismatic marketplace.

David can be contacted at:
1-800-876-2320
972-644-8040
dlisot@cointelevision.com

QUIZ ANSWER: NUMISMATIC LITERATURE AND WERNER AMELINGMEIER

Last week Paul Bosco mentioned Werner Amelingmeier in his submission about John J. Ford. Paul wrote that Ford sold Amelingmeier many of the foreign coins in the Wayte Raymond estate. I asked, "What is Werner Amelingmeier's connection to numismatic literature?" -Editor


Alan V. Weinberg writes:
Ford took me to Werner Amelingmeier's house way back in the 1960's and we were there for several hours. Werner had glass plate negatives to a classic American numismatic reference and, as I recall, it was the original Maris New Jersey plate negatives which Ford planned to use to issue a reprint. Werner also showed me some complete, unbound original S.S. Crosby Early Coins of America texts and plates.


Karl Moulton writes:
Amelingmeier's connection was Ford's Numismatic Publications, which first became known as such with an ad on the rear cover of the January 1959 issue of The Numismatist. It was for the announcement the publication of "Penny Whimsy". Ford used Amelingmeier's money, and apparently his name as well.


This is the answer I was looking for. Ford Numismatic Publications also issued two or three fixed price lists. I have copies of these in storage but they aren't handy for scanning. Who can send us an image of one of these? And can anyone confirm that Amelingmeier owned the Maris negatives? Where are they now? -Editor


George Kolbe writes:
The Ford reconstructions and recollections were fascinating, particularly those of Paul Bosco. A JJF retrospective featuring Paul's roster of likely suspects would surely dwarf any ANA symposium ever held and might provide a perspective more balanced than the current one. Bring it on.

Werner Amelingmeier is prominently mentioned, I believe, in earlier issues of The Asylum, both by Ford and by Harry Bass. Back in the 70s, Werner sent me tons of numismatic literature on consignment, via the good offices of John Ford. Lots of Wayte Raymond publications and a wide variety of other works. I have always assumed that it was the remaining Ford Numismatic Publications stock.


BIBLIOPHILE ON THE FRANKLIN MINT MEDAL CONFIRMED

In response to Pete Smith's query about this Franklin Mint medal, David Gladfelter reasoned that it must be author Washington Irving. Arthur Shippee writes:
He is definitely Washington Irving, and this portrait is widely copied on the net, as a Google Images search shows.


Franklin Mint Postmaster Library Washington Irving


Arthur beat me to it - I was going to try an image search last week but ran out of time. Thanks!


NEW YORK TIMES EDITORIAL ON U.S. COINS

Dick Johnson submitted the following thoughts on a recent New York Times article. -Editor
Michael Zielinski, the guru behind CoinNetwork.com, wrote an editorial which the New York Times published Wednesday, May 20, 2009. He takes a stand against the multitude of coin issues pouring out of the U.S. Mints.

Michael is quite accurate in his review of all the past multiple coin issues, dominated, of course, by the statehood quarter series. It returned $3 billion in seigniorage, he states, to the Treasury coffers from the total sales over the ten-year period. I don't doubt that figure, but it is the first time I have seen it in print.

He would like to see a return of Lady Liberty to standardize our coin designs and hold to that design for at least a decade. "It was once common to portray Liberty," he wrote, "personified in female form, on our coins. Imagine the return of this figure, grown wiser and reflective after her absence, evoking confidence that our nation will endure any hardship and meet any challenge. Then, maybe our coins will once again become respected national symbols."

I concur, but I was offput by the Times headline, "Change We Don't Need." I was expecting a directive to abolish the cent after 2010. It's okay to make a $3 billion profit from U.S. citizens off of quarters, but it is not okay to save $300 million a year to abolish an unnecessary cent?

Be that as it may, it was an excellent editorial. Take a bow, Michael.

Thanks to Dick for pointing out this great editorial - I have to agree that the pendulum has swung too far - all these new circulating issues are confusing even for those of us in the hobby, and I know many of my noncollecting friends and family members are lost when it comes to knowing what all the issues are and what they look like. Zielinski makes some good points. See below for some excerpts from his editorial.

As for eliminating the cent, I wouldn't be surprised to see it happen one day, but old habits are hard to break and human nature is never on the side of change. A week ago I was on the road traveling to visit family and before heading out of town I stopped in a nearby supermarket to satisfy a craving for a donut, as if my butt didn't take up enough room in the driver's seat already. I picked out a nice glazed donut and headed to the self-checkout, another one of those newfangled things old geezers like me find a pain.

The sale rang up at 59 cents. I put two quarters and a dime into the coin slot, and the machine rounded it up to 60 cents and said thank you very much. I said "Where's my penny!!? I want my penny!! Gimme my g*dd*amn penny, you miserable &*&%$#!!" -Editor
By now we are experiencing new coin fatigue: authorization of the national parks quarter series attracted very little mainstream attention, while many coin collectors disapproved of it as too much of a good thing.

These critics have a point. This year we have even more coin programs featuring rotating designs. For Lincoln’s 200th birthday, four different reverse (tails) designs were produced for the penny. American Indians will be honored with a new series of dollar coins. And six quarters will be issued featuring the District of Columbia as well as the territories of Guam, American Samoa, the Virgin Islands, Puerto Rico and the Northern Mariana Islands.

As a result of all this, this year we will have more coin series with rotating designs than series with permanent designs. We may find ourselves thankful for the constancy of the Jefferson nickel, the Roosevelt dime and the Kennedy half-dollar, which is no longer even issued for circulation.

Coins are a medium of exchange. They should be relatively standard, universally identifiable units of money. On a deeper level, coins are also representations of the country that issues them. Our currency has become a shifting, unidentifiable mess that tries to recognize everything and ends up symbolizing nothing.

The best remedy would simply be to overhaul all our standard coin designs. Redesign each denomination across the board, and leave the new designs in place for at least a decade. These redesigned coins should be contemporary in nature but timeless in theme, and unmistakable objects of art.

To read the complete article, see: Change We Don’t Need (www.nytimes.com/2009/05/21/opinion/21Zeilinski.html)

CROWDS GATHERED IN INDIANA FOR RELEASE OF NEW LINCOLN CENT

Dick Johnson also spotted this article about the release of the new Lincoln cent in Lincoln City, Indiana. COIN WORLD had a nice article on the event, too. I enjoy reading these accounts of festivities surrounding the release of new coins. All have some form of local flavor, and echo the historical crowds brought out by the release of earlier coins. -Editor
U.S. Mint officials who predicted a “Woodstock of Coin” here Thursday morning were right on the money.

Amid rain, traffic jams and music, nearly 3,000 people showed up for the official release of the new “Indiana” Lincoln penny depicting (on the reverse side) Abe as a Hoosier teenager reading a book while taking a break from rail splitting.

Lincoln Cent 2009 distribution


About 800 of those who turned out attended a ceremony inside the Lincoln State Park Amphitheatre featuring speeches, patriotic numbers by choirs, including the Oak Hill Singers from Evansville’s Oak Hill Middle School, a performance by actor Britt Reagan from this summer’s “Lincoln” musical (debuting June 12 at the amphitheater) and remarks by U.S. Mint Director Edmund C. Moy.

Another 1,500 coin enthusiasts stood outside in a quarter-mile-long line — some for up to seven hours — waiting to buy rolls of the new penny after the ceremony.

The line included coin traders from as far as Reno, Nevada, but also a group of Amish residents from the Lexington, Ky., area who hopped a ride in the wee hours Thursday.

Moy said about 20,000 of the shiny new pennies from the Philadelphia mint were brought to Thursday’s festivities in a Brinks truck.

Lincoln Cent 2009 Designs2


To read the complete article, see: 'Woodstock of Coin' greets the new Lincoln penny (www.courierpress.com/news/2009/may/14/woodstock-coin-greets-new-lincoln-penny/)

ARTICLE LAMPOONS PRESIDENTIAL DOLLAR SERIES

Not every new coin is so popular. Dick Johnson also spotted this editorial poking fun at the William Henry Harrison dollar coin. -Editor
William Henry Harrison dollar coin Just when America desperately needs a hero, along comes the most beloved and highly regarded former congressman and U.S. senator of his generation, a man of the people destined to captain our financially fraught ship of state out of the Sargasso Sea of stagflation.

If you thought his ascendancy to the nation's highest office was audacious, just imagine the odds that he would one day grace a U.S. coin.

I'm referring, of course, to William Henry Harrison.

Granted, the Mint's $1 presidential series coin -- its latest attempt to wean us from greenbacks -- didn't exactly light up the phone lines when Congress approved it in 2005.

Naturally, the initial offering in 2007 was a snooze. After all, the original George W., as in Washington, is already all over our quarters and the dollar bill. Meanwhile, candidate No. 3 -- Thomas Jefferson, or "T-Jay" in collector lingo -- has long anchored the nickel.

What's so special about this Harrison coin, you ask?

In a word: hope.

The nascent numismatist in me figures that if Harrison can grace our coinage, the whole coin image universe just expanded exponentially. And not just for James Garfield, whose chance at coin immortality was cut tragically short by assassination after just four months in office.

“What's so special about this Harrison coin, you ask? In a word: hope.” Unlike the state quarters program, we can even look forward to some coin controversy in the presidential series. Without the program's inclusiveness, it's hard to imagine a groundswell of support for the likes of Franklin Pierce, James Buchanan or Warren Harding, all perennial doormats in the "best presidents" league.

I'm not sure what my reaction will be when I one day hold a Richard Nixon dollar in my hand.

To read the complete article, see: New coin is 'change' we can believe in (http://www.bankrate.com/finance/personal-finance
/new-coin-is-change-we-can-believe-in.aspx)

MINT DIRECTOR DE SAUSSURE'S CHARLESTON HOME RENOVATED

The Charleston, S.C. home of Henry William de Saussure, appointed by President George Washington as the second Director of the U.S. Mint, has been restored to it's original 18th century character. -Editor
de Saussure home John Dewberry’s town house in Charleston, S.C., was standing when the British captured the city during the Revolutionary War. It was standing when the first shots of the Civil War were fired on Fort Sumter across Charleston Harbor. And it was still standing after an earthquake rocked the city in 1886. When he bought the house in 2003, Mr. Dewberry, a developer in Atlanta, wasn’t about to compete with that kind of history.

“I told everyone, ‘We’re going to take this house back to the year it was built — 1770,’ ” he said, as horse-drawn carriages filled with tourists passed by outside on a spring Friday.

It took three years, but Mr. Dewberry, 45, the chief executive of Dewberry Capital Corporation, a commercial real estate company, now has the house he envisioned. It is a luxurious 21st-century home within an 18th-century structure, architecturally correct down to the proper hand-tooling of masonry grout.

Brick makers, furniture makers, wrought-iron craftsmen, masons, coppersmiths, stoneworkers, even interns from three colleges — 32 people in all — helped Mr. Dewberry turn back time. They removed every element that wasn’t era-appropriate. What they couldn’t restore, they recreated in minute detail. Four months of research preceded the start of the project.

“John was committed to doing the research necessary to document the structure,” said James Meadors, the owner of Meadors Construction, which specializes in restoring historic architecture. “He wanted to be the current steward of the house and preserve it.”

de Saussure home3 Mr. Dewberry searched for eight years before settling on the three-story house on Meeting Street, a few blocks from Charleston’s waterfront. It had languished on the market, and for good reason. While it had a pedigree, having been the home of Henry William de Saussure, a director of the United States Mint under George Washington, it had also been a corner store for 100 years. Several ill-advised renovations later, the house needed a buyer with patience and deep pockets. Mr. Dewberry bought it for $1.5 million.

Mr. Dewberry’s primary home in Atlanta is a ranch house retooled to resemble a mountain lodge, but as a history buff, he was enchanted by Charleston’s past. “I always said, ‘If I do well enough, I’d love to have a house in downtown Charleston,’ ” he said.

To read the complete article, see: The Look of Then, the Comforts of Now (www.nytimes.com/2009/05/22/greathomesanddestinations/22Away.html?hpw)

THE BOOK BAZARRE

DAVID F. FANNING NUMISMATIC LITERATURE will be conducting its second mail-bid auction, closing June 4. Highlights include: a significant run of more than 75 hardcover and special edition Kolbe catalogues.. For more information, go to www.fanningbooks.com .



FAMILY CHARGE COIN STASH UNCOVERED

Tom Kays submitted this interesting story of a recently discovered group of charge coin tokens. -Editor
A friend of mine is cleaning out the old New England estate of his mother-in-law that has been sealed up for many years. Deep in the attic among many boxes of fashionable women’s shoes, one of the boxes was heavy. The box held a small coin collection pulled from circulation circa the early 1960s. Carefully wrapped in tissue was this small group of tokens the likes of which I had never seen before. The fact that they were carefully wrapped up more precious than the coins and hidden among women’s shoes is a clue.

Charge Coins1


These are charge coins. Before plastic credit cards, fine department stores would extend credit on account and issue coins designed to fit on a key chain or by tucked away in a women’s purse so that she could go shoe shopping without cash money. They were issued by upscale establishment through the 1940s until charge-a-plates and credit cards took over. My family only paid cash back then, so these were not anything I’d have seen.

Charge Coins4 From the upper left you see Filene’s of Boston, the original department store whose seconds go on to fill the discount “basement” establishment. In the center is Jordan Marsh and at left is R.H. White, one of the “big three” department stores in early 20th century downtown Boston. The others CMF Co., in the upper right, JAH Co., in the lower right, and SN Co., far right I don’t know, nor can I read the lower left, heart shaped token.

The reverse of the R. H. White Co. charge coin has a nice eagle and a fairly low number so I expect it is early. There is a society that collects charge cards but little information about charge coins is available on Internet. Steve Alpert's Catalog of Charge Coins at 85 pages in length is said to be the only reference for this type of token. Do E-Sylum readers know of others?

Charge Coins3 Charge Coins2


Dence Charge Coins
Often I'm just as perplexed by an E-Sylum query, but I recognized these pieces immediately. I collected charge coins intensely for a time and have a nice selection from around the U.S. and Canada. I even have a large collection of Pittsburgh charge coins by variety, something that isn't documented in any book or article I'm aware of.

There is a predecessor to Alpert's book. The gentleman who popularized charge coins among token collectors is Ed Dence of Philadelphia. He published several editions of what became his Visual Guide to Store Charge Coins. I wrote the index for one of the early editions.

These are handmade affairs, comprising sets of photocopied or hand-drawn images of charge coins, organized by country, state, city, and issuer. Each was assigned a catalog number according to a system similar to U.S. transportation, Civil War and other tokens. I have the 1994 Fourth Edition (shown here), but don't think I have a copy of the Alpert book yet.

  • The "SN" monogram is actually "NS" for Snellenberg's of Philadelphia.
  • "JAH" is the James A. Hearn Co, of New York, NY.
  • "CMF" has me stumped. I was unable to find it in Dence's book.
-Editor


PITTSBURGH POLICE CHALLENGE COINS RAISE FUNDS FOR FALLEN OFFICERS

An E-Sylum reader forwarded this link to an article about how one city's police force is using Challenge Coins to raise funds for the families of fallen officers. -Editor
Pittsburgh Challenge Coin article Since April 4, 2009, when an ambush incident in the Stanton Heights section of Pittsburgh took the lives of officers Eric Kelly, Paul J. Sciullo II, and Stephen J. Mayhle, their police family has been not only mourning their loss, but working to help the families of these fallen heroes.

In particular, the Pittsburgh PD SWAT team has put together a campaign to raise money for the families through the sale of Pittsburgh Memorial Challenge Coins.

“We wanted to do more than just donate money,” said Detective Chris Marks, who has been in contact with PoliceOne in recent days regarding the fundraising effort. “We wanted something that would memorialize the Officers... and also something for people to have to remember that they too helped out.

Rather than our SWAT team simply donating money to the fund, we came up with the idea of selling these coins instead. We all donated an amount and had these minted. We can then sell them as many times over to continue to contribute, rather than a one time deal,” Marks told PoliceOne.

Pittsburgh's my home town, and the shootings occurred in a neighborhood next to the one where I grew up. The entire city mourned the fallen officers with a solemn procession that tied up traffic for miles. The article doesn't picture the Challenge Coins, but I found this image on the order form. -Editor


Pittsburgh Police Challenge Coin


To read the complete article, see: Pittsburgh SWAT uses Challenge Coins to help families of fallen heroes (www.policeone.com/writers/columnists/Doug-Wyllie
/articles/1833000-Pittsburgh-SWAT-uses-Challenge-Coins-to-help-families-of-fallen-heroes/)





Kolbe 2009 May 24




MORE ON THE GREAT DEPRECIATION

In response to Dan Owens' submission about the counterstamped coins of California druggist J.L. Polhemus, Tom DeLorey wrote: I am curious about the "great depreciat(ion)" mentioned in the article. Could this be a reference to the Mint Act of 1857, which caused foreign coins to cease to be Legal Tender in the United States?" Tom DeLorey wrote in to agree, but Bob Leonard feels otherwise - here are his thoughts on the topic. -Editor
The "great depreciat(ion)" of the foreign coins counterstamped by Polhemus had nothing whatever to do with the loss of legal tender status of these pieces. I presented the history of small change in Gold Rush California in the 2nd edition of California Pioneer Fractional Gold (Bowers and Merena, 2003); another source is Carothers' Fractional Money.

Briefly, small change of all kinds was so scarce in 1851-52 that foreign silver coins of all nations passed at premiums of up to 40%, and brokers advertised to buy whole Mexican dollars at 3% premium. Polhemus counterstamped heavily during this period. But in 1854 the San Francisco Branch Mint opened, though it did not start coining silver until 1855. As of January 1, 1854, however, the San Francisco bankers refused to accept French francs at more than 20 cents each. But the San Francisco Alta California wrote as late as Oct. 23, 1855,

We have at present in circulation a Pistareen (value 16 cents); the Chile Double Real (value about 19 cents). . . and a number of German and Spanish coins, the value of which we cannot at the moment determine, but which all pass in common for twenty-five cents. . .


In 1856, though, the Mint issued 70,000 dimes, 286,000 quarters, and 211,000 halves, and in 1857 another 82,000 quarters and 158,000 halves. These mintages, plus the declining economy, eliminated the coin shortage, and even U.S. dimes sold at a discount (!) from face value before 1860 (Carothers, p. 221). The Indian rupees (passed as half dollars), German coins, single French francs, etc. were never legal tender in the United States in the first place, so their loss of legal tender status in the East had no effect in California.

The "great depreciation" was the result of simple supply and demand; the premiums caused by the great scarcity of change disappeared after the Mint opened, and these foreign coins became worth exchange value only.

Many thanks for setting the record straight. -Editor


MORE ON THE AMAZON KINDLE

Roger Siboni writes:
I have been enjoying the Kindle thread amongst the many others and I have to initially say that I am quite torn about it. As I am very involved in the technology industry from a work perspective, I am addicted to the latest, whizziest, toys out there. And yet as a Bibliophile and Grolier Club Member, I cherish "the Book". I guess there is a world where the Kindle and the Book co-exist for at least a while, but I hate to see the book relegated to simply a decorative collectible over time.

And on the subject of technology and the E-Sylum, I found myself in a hotel room in Los Angeles not too long ago with my MacBookAir and no wireless internet. I ended up reading the Sunday night E-Sylum on my iPhone.


Tim L. Shuck writes:
The Amazon Kindle and Sony Reader are fascinating, but for those of us who work daily on full-color computer displays the lack of color on these ebooks has provided a convenient excuse not to spend money on yet another gadget. I understand that those who mainly read books or newspapers on these devices may not need or want color, but I think color is mandatory if we are ever to have those bulky full-color auction catalogs and numismatic books available in digital format.

Digital color catalogs may not be available soon, but apparently the color readers will be. Several websites, wired.com among them, have had recent articles about the new Fujitsu Flepia, a color ebook apparently still being tested. From the Wired website: [http://www.wired.com/gadgetlab/2009/03/worlds-first-co/ ]

"Fujitsu’s Flepia, the color e-book last seen in testing at an upscale Tokyo restaurant, is now available to buy. Don’t get too excited though — even if you’re in Japan, where the Flepia is on sale, it will cost you a whopping ¥99,750, or just over $1000. You get a lot for your money, though. The reader has a an 8" screen which displays 260,000 colors, Bluetooth, Wi-Fi (b and g), a mini USB port and, most important of all, a touch screen (although it comes with a stylus so we expect that it is a resistive touch screen, not capacitive like the iPhone.)

This is completed by a soft, on-screen keyboard (just like the Kindle should have) and a battery life of 40 hours (continuos use — Fujitsu says 2400 page turns). Books are stored on an SD card and can be bought from the online bookstore Papyless.

Curiously, the Flepia seems to be a kind of tablet/e-book hybrid. Along with the book reading software, the device comes loaded with Windows CE 5, meaning support for e-mail, spreadsheets, web browsing and the like. If you view this as a low powered, long life computer instead of a color e-book reader, it starts to look less expensive. The Flepia will start shipping on April 20th."

Second, some thoughts regarding the online Breen Complete Encyclopedia. I am mystified by comments from a few people (exemplified by Susan Headley's statement "Why anybody would want to deprive coin collectors of this wonderful resource is beyond me") that imply the copyright holder to that work should simply give up that ownership. Certainly Escala/ Bowers and Merena could choose that path, but there is no ethical obligation for them to do so.

I own and frequently use the Complete Encyclopedia, but it is a big book. I wouldn't mind having a digital version as well, but this first iteration did not meet my expectations. While researching for a recent description of the Indian Head quarter eagle I wrote for CoinLink I noticed that the designer was in one place listed as "Dela Lyon Pratt", rather than correctly as "Bela Lyon Pratt". There were other text anomalies as well, leading me to believe that the text was scanned, run through word-recognition software, and then not completely proofed (admittedly a big job). I also missed the pagination of the original work but that is perhaps a minor issue.

I don't mean to be overly critical but if this book is to be available digitally there are better ways in my opinion to do so without compromising the original text integrity. Krause has made their Standard Catalog of World Coins available in digital format for a price significantly less than the current asking price of Breen's work; and, beating a familiar drum, it's in pdf, a standard digital format. I would like to see the Complete Encyclopedia available both digitally and in print format, and I would (and did for the print version) pay to own a copy.


MORE ON THE PLINY CHASE CIVIL WAR TOKEN CATALOG

Dave Hirt writes:
I read your comments on the Pliny Chase catalog. Yours is probably the one from Katen's 77th sale, lot 893. I was in the auction room when it was sold. Frank did not value it highly, only estimating it at $5. It went for $60 to Ken Lowe. I was napping on that lot, but doubt if I could have outbid Ken. He told me at intermission that he knew it was a rare item.


Chase Tokens of the Rebellion As George Kolbe notes, it is always instructive to be aware of the same copies reappearing on the market, as they tend to obscure true scarcity. My copy did come to me through The Money Tree after Ken's death, so I'm sure it is the example Dave mentions. I don't have a copy of Katen's 77th sale, though. Was there a named consigner?

My copy is NOT the one from the Katen sale of the Fuld library (36th sale, August 15, 1971, lot 679). That copy was "bound and gold stamped". At that time Katen described it as "An exceedingly rare book". It was estimated at $50, but realized only $12. -Editor


DICK JOHNSON ON NUMISMATIC DESIGN COPYRIGHT RESEARCH

Dick Johnson submitted the following thoughts on researching U.S. copyright office records for information on numismatic designs. -Editor
To aid Tom Dalrymple in his research for medal copyright design records I have two comments: (1) few medals were copyrighted and (2) before 1900 artists obtained patents to protect their art work instead of copyrights.

Don't hold me to an exact figure, but let's say 25,000 different medals were struck in America before 2000. I would estimate fewer than 500 were protected in some way (by patent or copyright) -- that is 2% of the total. No way could it be even as much as 5%. So the chances of finding even one medal's record is slim at best.

The clerk at Medallic Art Company who handled all the copyright forms occupied the desk just outside my office when I worked there. She would only do this for the most important medals -- or those that would have a large possible sale -- as if someone would replicated a design we paid an artist to prepare. Few companies or organizations would copyright their own medal designs for the reason they saw little need to.

Official Inaugural medals, Society of Medalists, Olympic medals, recent world's fair medals, statehood, some space and sports medals and perhaps a few others were copyrighted. Few others. (Of the 6,000 medals I cataloged at Medallic Art, I would estimate fewer than 200 were copyrighted -- 3%.)

One exception is the American Legion For God and Country Medal. After 40 years the Legion headquarters obtained the legal protection they were seeking. The design patent number 162,975 was added to the edge of all those manufactured in the last quarter century of the 1900s. I suspect some of the local chapters were misusing the medal design.

Protecting medal designs goes back to the 18th century. The first I found was a private French medal of 1791 of Lafayette which was edgelettered: "Monneron (Patente) Se. Vende. A.Paris, Chez." Some private British medal manufacturers would place a registration number with a prefix "RFD" or "Reg No" on the medal. On both French and English medals some patent numbers are found on the edge.

In America an early example was a General Winfield Scott Patriotic Medal of 1861 by C.G. Quilfleldt and J. Lebretton which had all this lettering -- in tiny letters of course -- on the reverse: "Entered According to Act of Congress in the Year 1861 by D.E. Hall in the Clerks Office of the District Court for the Southern District of New York." Whew!

The Copyright law was changed about 1900. Designs were no longer granted patents. Instead it was transferred to the Copyright office at the Library of Congress and granted copyrights. Today they are classed as "VA" visual art.

Tom, if you (or an assistant) goes to the patent office in Alexandria, Virginia, you can do research yourself. After you sign in you can go to the design patents on the mezzanine and search original records as much as you wish. But as I say, don't expect to find much on medals. Otherwise, Good Luck.

JAMAICA TO ISSUE NEW $5,000 BANKNOTE

Dick Johnson forwarded this article, which mentions the new $5,000 bank note being issued by the Bank of Jamaica this week. I've been unable to locate an image of the new note - can anyone help? For substitute eye candy I've included instead an image of the Jamiaca coat of arms from the Bank of Jamaica's web site. -Editor
Jamaica Coat of Arms The selection of former prime minister Hugh Shearer's image to grace the new $5,000 note should be of no surprise, based on the central bank's reminder of the policy which affords the honour only to national heroes and to late prime ministers.

That the announcement should have caused some amount of controversy is also no surprise as this is expected when at least three other names have been proposed, setting the stage for a lively debate, Jamaican style.

What may not have been recalled at the launch of the new bank note is that the successful conversion of our currency from a complicated sterling system to dollars and cents was presided over by Hugh Shearer himself as prime minister in 1969.

No discussion on this issue can be complete without reference to a humorous exchange which took place in 1969, and which is all the more relevant as we reflect on the naming of a currency bill after a politician.

With the new currency about to be launched, Gleaner columnist Morris Cargill, noted for his pungent wit and irreverent view of politicians, published a piece expressing the hope that the finance minister would not name the new currency after any politician as there was nothing he would dislike more "than having to carry a Seaga or a Shearer around in my pocket".

As luck would have it, Seaga appeared on JBC-TV that evening and, in direct reference to Cargill's column, declared he would support a competition to name the new currency, and he himself would enter by suggesting that the lowest denomination, the one-cent coin, be called a Cargill, "because that would mean having a Cargill would be next to having no cents at all".

To read the complete article, see: Back in circulation (http://www.jamaica-gleaner.com/gleaner/20090521/cleisure/cleisure4.html)

ARTISTS SELL PAINTINGS OF ITEMS TO BUY ITEMS THE PAINTINGS DEPICT

This story is non-numismatic, but it does remind us of money artist J.S.G. Boggs, who spent his hand-drawn versions of banknotes to buy art supplies, meals, and pay the lawyers who worked to keep him out of jail. The scheme these two artists came up with is equally inventive, and somewhat less likely to draw the ire of U.S. Treasury officials. -Editor
For about a year, New York City artists Justin Gignac and Christine Santora make paintings of things that they want and price them at exactly what it would cost to buy that item. Once they sell the painting, and buy the item, they take a photo of the item or experience and post it in their Flickr stream beside the painting. Top, plane trip from New York City. Below that, Nixon watch.

Painting: Fly Home Painting: Gold Nixon Watch


I looked through the artists' Flicker steam, and lo and behold, one of the artworks depicts a stylized piece of U.S. paper money. I wonder what the Secret Service thinks of this? Probably nothing, but one never knows what the G-men will decide to prosecute. -Editor


Painting: A Hundred Bucks


To read the complete article, see: Artists sell paintings of items to buy items the paintings depict (www.boingboing.net/2009/05/21/artists-sell-paintin.html)

BANK ERROR IN COUPLE'S FAVOR: PAIR ABSCONDS WITH MILLIONS

Here's another non-numismatic item, but for those of us who dream of having the cash to finance our collections and libraries, here's how one dream came true. It pays to check your bank balance, and in the case of a New Zealand couple, it paid off big, according to this article from The Guardian -Editor
bank_error_in_your_favor A couple from New Zealand, for example, now have every reason to believe their local bank's motto: making the most of life.

The pair.. could hardly believe their luck when they checked their account at Westpac bank on 5 May, hoping to find their request for a NZ$10,900 (£4,000) overdraft had been accepted.

Instead, the bank had deposited 1,000 times that amount: NZ$10m, or around £4m. With so many borrowers around the world constantly being told "no" by their creditors, here, finally, was a bank that liked to say "yes".

While their whereabouts remains a mystery, local reports speculated they may have fled to China or South Korea after transferring as much as NZ$6m to an offshore account.

The local newspaper, the Rotorua Review, said a police official had been sent to China to search for the couple.

To read the complete article, see: New Zealand couple flee after finding £4m in their bank account (www.guardian.co.uk/world/2009/may/21/new-zealand-millionaires-flee-westpac)

FEATURED WEB SITE: THE AMERICAN VECTURIST ASSOCIATION

This week's Featured Web Site is the American Vecturist Association

If you are a collector of Transportation Tokens, you have come to the right place. Founded in 1948, the AVA is the oldest American organization of token collectors.


vecturist.com


www.vecturist.com

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