The E-Sylum:  Volume 4, Number 48, November 25, 2001, Article 10

NUMISMATIC SCRAPBOOK DEMISE

  Tom DeLorey writes: "Russ Rulau referred to the demise of
  the Numismatic Scrapbook Magazine as the "Crime of '74."
  It actually ceased publication with the February, 1976 issue.
  Cause of death? Cost accounting. Amos Press published
  NSM and "World Coins" using the same staff and printing
  equipment. World Coins was losing money, so the accountants
  said kill it. That, of course, shifted the entire overhead onto
  NSM, which under that circumstance would be losing money
  instead of showing a profit (for the first time in years) as it had
  done under Executive Editor David T. Alexander.  The crazy
  thing was, NSM was showing a greater net profit than World
  Coins' net loss, but the bean counters said kill them both."

  Fred Reed adds: "Actually, Amos Press announced they were
  folding the content of NSM into Coin World by offering a
  Numismatic Scrapbook Section of the newspaper once a month.
  Jay Guren and I were named co-editors and we limped along
  presenting feature material in that format for a year or so
  before the project petered out."

  Wayne Homren, Editor

	coinbooks.org Web

The Numismatic Bibliomania Society is a non-profit organization 
promoting numismatic literature. See our web site at coinbooks.org.

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

To subscribe go to: https://my.binhost.com/lists/listinfo/esylum