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Welcome to The E-Sylum: Volume 6, Number 49, November 16, 2003: an electronic publication of the Numismatic Bibliomania Society. Copyright (c) 2003, The Numismatic Bibliomania Society. AUTHOR BYRON KANZINGER DEAD AT AGE 32 Bob Johnson writes: "This is the obit I saw today in the Philadelphia Inquirer." Byron Kanzinger, author of the Civil War Token Collectors Guide, has died. The obituary was published last Sunday, November 9th. Last week's E-Sylum was published early, and unfortunately, Bob's news arrived afterwards while your editor was traveling. "Bryon D. Kanzinger, 32, a senior manager at the Regal Marketplace theater complex in Upper Providence Township, died of melanoma Thursday at his parents' home in Collegeville." "Mr. Kanzinger was vice president of the Civil War Token Society and the author of The Civil War Token Collectors Guide. He created the Civil War Token Collectors Hall of Fame, designing the election process and the special tokens given to those honored for their contributions to the hobby. He presented the tokens to the winners at the annual meeting of the American Numismatic Association. He was inducted into the Hall of Fame last month as its 12th member." "Memorial donations may be made the Civil War Token Society, 26548 Mazur Dr., Palos Verdes, Calif. 90275." To read the fully obituary, see http://www.philly.com/mld/inquirer/2003/11/09/news/obituaries/7215520.htm Larry Dziubek, past President of the Civil War Token Society writes: "Bryon's book has standardized pricing for the buying and selling of Civil War tokens. The book does a good job on both patriotics and storecards in three grades. The knowledgeable dealers and collector specialists always had an advantage for "cherrypicking" at shows or in auctions. Many people now use this book like the Redbook is used for U.S. coins. The guide enables a neophyte to instantly make use of the many years of experience that are built into the pricing structure. This is possible due to the high level of accuracy of Bryon's contributors. Things like desirability variables of geography, strike quality, mintages, die sinkers, and even pictorial designs are at one's finger tip. This phenomenon is most evident when following eBay or other auction sales. Results tend to be center around the Kanzinger price much like bullet holes concentrate near the bull's-eye of gun range targets. Bryon was always looking for ways to assist the collector to enjoy the hobby." KOLBE FIRE FINALE Regarding our last issue and its summary of events and reactions to the recent Crestline fire, Fred Lake writes: "This is probably the most important email that you have sent since the inception of The E-Sylum. George's comments and others are to be treasured. Many thanks for your dedication to preserving numismatic history." [It was also nice to see E-Sylum coverage of the fire quoted in the November 17th issue of Coin World. -Editor] BRUNK COUNTERMARK BOOK PREPUBLICATION OFFER Rich Hartzog of World Exonumia Press writes: "The new 2003 book by Brunk is in final production: "Merchant and Privately Countermarked Coins: Advertising on the World's Smallest Billboards" This important reference covers all known counterstamped coins issued by merchants of the United States, Canada, Mexico and the world. The 480 page book covers over 13,500 countermarks, with over 2000 photographs. Available in full color cover hardbound and deluxe leather editions, each includes the supplemental price guide. For more details, please see http://www.exonumia.com/fs/cm.htm International customers should write for shipping information." LAKE BOOKS SALE 71 CLOSING Fred Lake writes: "This is a reminder that Lake Books mail-bid sale of numismatic literature #71 closes on Tuesday, November 18, 2003 at 5:00 PM (EST). You may view the sale at http://www.lakebooks.com/current.html Bids may be entered by email, FAX or telephone call in addition to regular US Mail." 1907 CLEARING HOUSE SCRIP PROJECT In an article in the November 2003 issue of Bank Note Reporter, Neil Shafer announced that "... after a number of years of inactivity, the project dealing with the myriad scrip issues for the Panic of 1907 has now risen to the forefront." "There are three individuals working together on this massive project: Douglass Corrigan, e-mail dougcorrigan at yahoo.com; Tom Sheehan, twsheeh at attglobal.net; and myself, nelshaf at aol.com. Please send reports of ANY examples of 1907 scrip to any of us as soon as possible." [Part of my own 1907 scrip collection is now in the hands of Tom Sheehan to be inventories for the project. If you have any of these notes, or are aware of any articles or auction sales in this area, please contact one of the above compilers. -Editor] WHITFORD SALE FEATURES NEW ORLEANS MINT LETTERS The November 28-29, 2003 Michigan State Numismatic Society sale by Craig Whitford features five lots of correspondence relating to the New Orleans mint, including letters written by Director Robert Maskell PAtterson, New Orleans Branch Mint Superintendents David Bradford and Joseph M. Kennedy and coiner Rufus Tyler. The sale also includes letters signed by such numismatic personalities as Mint Directors David Rittenhouse and James Pollack, engravers John Sinnock and Frank Gasparro, and artist Augustus St. Gaudens. ANA HALL OF FAME LISTING SOUGHT Darryl Atchision writes: "I am looking for a listing of American Numismatic Association Hall of Fame members with their years of induction. If anyone can help me it would be greatly appreciated. My email address is atchisondf at hotmail.com" ANIMALS (AND HUMANS) EATING MONEY In response to the "Brahmin Nummulariist" item in the October 19, 2003 E-Sylum (v6#42), Ron Haller-Williams writes: "Magpies, jackdaws and other members of the crow family are often attracted by bright objects such as rings (see e.g. the poem "The Jackdaw of Rheims", about a bird which was eventually forced by curses to return the ring it had stolen from a cardinal). The centennial medal of the British Numismatic Society shows a magpie in front of a coin cabinet, with a gold coin in its beak. In Matthew Chapter XVII verses 24-27, we have an account of how a fish paid the the temple tax of two drachmae each for Jesus and Peter, because it had swallowed a 4-drachma coin. Of course, there is always the alleged hospital bulletin on a child who has swallowed a dollar or pound coin: "No change!" On this note, a great-great-uncle of mine is said to have died as a baby or toddler, from choking on a small coin (farthing?) that he had apparently tried to eat." A. M. SMITH BOTTLE FOUND A web site visitor wrote: "While searching the internet for info about a 1/2 pint bottle I have, I've come across your web page. I have a bottle that advertises: A.M. Smith 1907 249 Hen Av Minneapolis Minn California Wine Depot Established 1872 Full 1/2 Pint The web page he refers to is Pete Smith's online exhibit about the numismatic ephemera of A. M. Smith. The page is on the NBS web site at: http://www.coinbooks.org/club_nbs_exhibit_amsmith.html The exhibit on the Howland Wood award at the 1996 ANA convention in Denver. The web version has attracted the attention of descendants of Smith's, and I've put them in touch with Pete. Publishing on the Internet is a great way to bring together people that may never have found each other any other way. I encourage authors and exhibitors to make their work available the way Pete has done - any work related to numismatic literature could find a home on our web site. MINT AUDIT FINDS PROBLEMS A story published November 11th in the Rocky Mountain News notes that an audit has found many potential problems at the U.S. Mint. "The agency that makes your money has trouble keeping track of it. For each of the past three years, the U.S. Mint's private auditor has warned of serious security problems with computerized records in its coin division. The mint's financial controls also were riddled with holes, the auditors found. Specifically, the auditors said, employees could tinker with computerized records, including financial transactions. And mint staff didn't sufficiently check bills, payroll, and credit card accounts before paying them, the audits said." "In response, mint officials in Washington said they have corrected many problems, and auditors found the mint's year-end financial reports to be accurate. No financial losses have been found, either from errors or hackers, the mint said. But sloppy documentation cost the mint $13 million in silver in a 2001 dispute that's still in court." For the full article, see http://rockymountainnews.com/drmn/local/article/0,1299,DRMN_15_2418890,00.html THE DENVER MINT'S GOLD The Rocky Mountain News also published a companion article about the gold stored at the Denver Mint facility. "Few people in Denver know that the Italianate mansion downtown is home to 18 percent of U.S. gold reserves. But U.S. Mint spokeswoman Becky Bailey says it's public information. Piled together, the pure gold bricks in the mint would fill three 10-foot-by-11-foot rooms to a height of 8 feet. Each bar weighs 27.5 pounds, according to the Treasury Department's Web site. Altogether, the Denver gold weighs 3 million pounds." "Not long ago, tourists lined up on Cherokee Street downtown for tours of the coin factory. But those tours ended after the Sept. 11 terrorist attacks. Tours for schoolchildren still can be arranged, but adults hoping to see the mint must ask their congressman to arrange a visit." "The city of Denver plans to build a jail on the current site of the Rocky Mountain News building, just west of the mint. That would put hundreds of prisoners next door to $17 billion. [Treasury Department's inspector general Louis] King was startled to hear that Denver hopes to build a prisoner tunnel from the planned jail to the courthouse, which is just east of the mint. The tunnel would go past the mint's basement. "We'll have to keep an eye on that," he said." To read the full article, see: http://rockymountainnews.com/drmn/local/article/0,1299,DRMN_15_2418888,00.html A WHIRLWIND NUMISMATIC TOUR OF NEW YORK Your editor spent a few days this week in New York City on business. With a couple hours to kill I took a walk uptown for my first visit to Stack's. At 123 West 57th Street, the storefront has some famous neighbors, including piano maker Steinway and Carnegie Hall. The narrow little shop looks just like many of the other coin shops scattered around the nation, but for the discerning visitor, many telltale clues note that this is no ordinary coin shop. For one, security is formidable, with two burly (but friendly) armed guards milling about. And just how many U.S. Fractional Currency Shields does one shop need to stock? The back wall displayed five of them, suggesting that perhaps there was stack of others somewhere in the back room. No time to visit, unfortunately, and the staff was noticeably busy in preparation for an upcoming auction. So off I went on my merry way. The next morning (Thursday) I stopped briefly at the American Numismatic Society's exhibit at the Federal Reserve Bank of New York downtown. It was very nicely laid out and filled with a number of gems that would wow any knowledgeable numismatist. The U.S. highlights were featured in a case in the center of the hall, including an 1804 dollar, a Confederate Half dollar, a Brasher doubloon and other colonial-era gold coins stamped with Brasher's "E.B." countermark. The ancient coins in the exhibit were in superb condition. Having witnessed a huge crowd viewing a free Brittney Spears concert off Times Square on Monday, I was sad to see that I was the solitary visitor to the exhibit that morning. It's hard to sex up a numismatic exhibit, but it was chock full of things of beauty. It was nice to see a group of schoolchildren arrive as I was leaving - hopefully some of them will come away with a new appreciation of our hobby. My next stop was the New York Stock Exchange, where I was treated to a visit to the floor of the exchange for a first-hand view of how it operates. The post-September 11 landscape was eerie, made more so by street resurfacing that had Wall Street and adjacent streets scraped of asphalt and devoid of traffic. Two NYPD vans were parked out front, and two officers with riot gear and machine guns patrolled the street. George Washington's statue in front of Federal Hall surveyed the scene, which was oddly quiet as the wind kicked up and rain began to fall. Once inside and past security, my floor trader friend escorted me through the floor to his work station. I'm not the excitable type, but it was truly a thrill to walk that famous floor, which held more computer and communications equipment per square foot than than I'd ever seen in my life. (and I've been to the belly of the Internet, visiting key hosting centers for search engine server farms). And the number of people crammed into that space is equally amazing. Brokers and specialists each have what amounts to a couple feet of allocated space, and no one would bother to sit even if they had a chair - everyone is on their feet and constantly interacting with others. As I looked up past the matrix of hanging conduits I noticed the ornate old ceiling above. A beautiful architectural feature, but one obscured by the practicalities of doing the exchange's business. I would be surprised if any of the traders, even those who've worked there for years, ever noticed the ceiling. The wooden floor was reminiscent of a high school gymnasium, and yes, it was littered with scraps of paper and other trash (and it was only 11am). Workers' cubbyholes, although bedecked with the latest electronics, were built of well-worn wood which looked like they had been installed in the 1970's and never repaired or touched up in 30 years. Very institutional. It was a bit sad to realize what an anachronism the place is. Computer technology has already automated much of the process, and the human element which remains could just as well be automated, too. Many of these people would still have their jobs, but they could work from cushy offices blocks, miles, or continents away. Someday the exchange could be just another musty tourist attraction, with actors going through the motions of trading like the "technicians" at amusement park "movie studios." Technology has eliminated the need for toll tokens, which have disappeared from the New York subway system and many highways around the country. Physical stock certificates are on the way out, and the exchange itself may be next. Coins and paper money are still with us, but credit and debit cards are gaining share rapidly. Someday numismatists could no longer have anything new to collect - we'll have to content ourselves with the old. AGINCOURT GOLD COIN REDISCOVERED Arthur Shippee writes: "Here are two coin notes from Explorator, the e-newsletter I've told you about. I just sent him the lottery & Maria T. Taler sites mentioned in last week's E-Sylum. "A gold coin which was found at Agincourt and once included as part of a private album put together by JMW Turner has been found again: http://www.guardian.co.uk/arts/news/story/0,11711,1078596,00.html It appears the Republic (and its gold) has been found: http://www.onlineathens.com/stories/110903/new_20031109045.shtml" TERRY, PELTON & COMPANY, BANKNOTE ENGRAVERS Larry Mitchell writes: "Numismatic articles aren't found ONLY in numismatic publications. PRINTING HISTORY, the annual journal of the American Printing History Association (APHA), contains in its current issue (no. 45 [Vol. XXIII, no. 1]) "Donald O'Brien's article on the nineteenth century banknote engraving firm of Terry, Pelton & Company. Working from a small group of business letters written by Oliver Pelton to his partner William Terry over the course of the year 1834, the author traces each letter's many references and reveals the complex and fascinating world of American banknote printing...." For further information on APHA, click on: http://www.printinghistory.org/ http://www.printinghistory.org/htm/journal/current.html" NUMISMATIC WORD: TOREUMATOGRAPHY Dick Johnson writes: "Finding the definition of "bloviation" was easy: onelook.com gave the answer from the 1897 period. Joel O. was certainly correct. David Q. has never bloviated. But if you want to add a new word to your numismatic vocabulary, try this: I found "toreumatography" as the description of ancient metal reliefs. Would that mean that a "toreumatographer" catalogs ancient coins?" A JOLLY GOOD FELLOW NBS Vice President John Adams writes: "At the October meeting of the Council of the American Numismatic Society, Wayne Homren was nominated to become a Fellow of the Society. I am pleased to report that he has accepted this honor which he has so richly earned. In addition to his inspired and faithful editorship of E-Sylum, Wayne has been an active member of the Library Committee at the ANS as well as a staunch contributor to a long list of other organizations. Way to go, Wayne !!!" FRANKLIN MINT LAYOFFS A November 13th article in The Daily Times of Delaware County, Pennsylvania noted that "... up to 300 Franklin Mint employees could lose their jobs in a restructuring that will transform the company to an Internet and wholesale business, according to officials. Workers were asked yesterday to pack up their belongings and go home with pay, according to mint spokesman Howard Lucker. He said they will return over the next few days to discuss their transition out of the company. "We are going to have some layoffs over the next several months," he said. "We are developing a new, smaller business focusing on product development and marketing." "Despite popularity and revenues in the millions, the business has been faltering for some time. Layoffs have been announced three times since 1999 and the facility, that once employed 1,500 full-time workers, as of Tuesday employed only 300." "Everyone right there now is crying," a Bethel resident who works in the mint?s collections department said. But, she added, the move wasn?t a total surprise. "Every year before Christmas, it?s always the way it was," she said. "Here comes the layoffs." http://www.zwire.com/site/news.cfm?BRD=1675&dept_id=18171&newsid=10505907&PAG=461&rfi=9 A followup article titled "Ex-mint workers ponder prospects" was published November 14. "I can?t think of anything negative to say about the Franklin Mint, except, the owners I?m not too happy with right now," she said. "But, I understand they do what they have to do." "It?s kind of," Rogalski said, "an end of an era." http://www.delcotimes.com/site/news.cfm?BRD=1675&dept_id=18171& newsid=10512951&PAG=461&rfi=9 The history of The Franklin Mint was chronicled in the June 2003 issue of COINage Magazine. THE DROOLING DOLLAR Web site visitor Jim Driscoll writes: "I have a question that you probably cannot answer, but I will try. Around 1992 I received a copy of American Numismatic magazine, as I was a trial member at that time. In it was an article on a certain "drooling dollar" which was a printed dollar of a foreign prince drooling of all things. I of course had gotten rid of the publication before I spotted the dollar. Of course this stood out in my mind due to its bizarre nature. The article said that this dollar was released but corrected immediately and if anyone got a hold of one of the drooling dollars it could fetch a dandy price. At an antique shop I found one of each, the drooling and non drooling dollar featuring this prince's portrait, and a stunning leopard or tiger on the back. I am wondering if I can find out what country it is from and what it is worth. Thank you if you can assist me in any way." So, E-Sylum readers - does anyone recall a "drooling dollar?" FEATURED WEB PAGE This week's featured web page is Shannon and Paul Burkhard's page on U.S. Fractional Currency Shields. "Fractional Currency Shields consisted of a printed shield- shaped background (nearly always gray in color, but sometimes pink or green) on which were pasted by hand 39 different Specimen (printed on one side only) Fractional Currency notes, typically consisting of 20 fronts and 19 backs, all from the 1st, 2nd, and 3rd issues." http://www.fractionalnotes.com/fractionalshields.htm Wayne Homren Numismatic Bibliomania Society Content presented in The E-Sylum is not necessarily researched or independently fact-checked, and views expressed do not necessarily represent those of the Numismatic Bibliomania Society. The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. For more information please see our web site at http://www.coinbooks.org/ There is a membership application available on the web site. To join, print the application and return it with your check to the address printed on the application. Visit the Membership page. 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